Solidus Labs Believes Its Crypto Surveillance Tool Can Help Launch a Bitcoin ETF
Solidus Labs believes its new surveillance tool can help regulators maintain confidence in crypto markets, potentially leading to the approval of a bitcoin ETF.
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In total, the market surveillance company has raised $35M in the last six months. Market surveillance firm Solidus Labs completed a $15 million strategic round led by Liberty City Ventures on Friday. GSR and Exor Seeds also participated in the financing. This follows the company's $20 million Series A that concluded in May. Solidus' investors also include former CFTC Chair Christopher Giancarlo and former SEC commissioner Troy Paredes. The company hired former CFPB Director Kathy Kraninger as it’s VP of Regulatory affairs in July. Solidus CEO Asaf Meir said:"This strategic round will allow....
Solidus Labs functions to carry out crypto operations based on the crypto-native T3 (Triple T) market integration solutions (MIS). These market solutions include threat intelligence, monitoring of transactions, and trade surveillance. Its primary mission is to ensure the safety of crypto transactions and investments throughout all decentralized finance (DeFi) and centralized markets. Solidus Labs, situated […]
The cryptocurrency industry is responding to the best-practices advocacy group’s call for a fair, stable and regulated market. The Crypto Market Integrity Coalition, an organization founded two months ago by 17 cryptocurrency exchanges, firms and industry associations worldwide, announced 13 new members have joined. The group is centered around a pledge endorsed by members’ CEOs or chief compliance officers that (among other things): “We will integrate principles that uphold Market Integrity and Market Efficiency into our operations and business strategy.” The coalition, or CMIC, was....
Solidus Labs, which has been monitoring 12 leading blockchains, has detected a majority of scam-like tokens originating from Binance’s BNB Chain. The Web3 and cryptocurrency space is seeing a significant amount of smart contract scams proliferating, with blockchain risk monitoring firm Solidus Labs saying it has detected on average 15 newly deployed scams every hour.Solidus Labs said on Oct. 27 that it had been monitoring 12 blockchains including Ethereum, Polygon and BNB Chain since Oct. 10, and in that time, had detected 188,525 smart contract scams.Former United States Consumer....
PRESS RELEASE. High-performance computing (HPC) company Solidus AI Tech has raised $5.4 million and are now entering their 3rd round of funding. Solidus AI Tech is working to solve the problem of the lack of European HPC facilities in the global top 10. Only producing 5% of computing power despite being the consumer of one-third of HPC resources. It is bridging the gap across a number of industries such as the automotive industry, face & voice recognition, medical industry, sales automation & lead generation, among others. It is an advocate of the “Crypto Climate Accord”, an....