CoinScan Raises $6.3m to Reduce Losses from Crypto Exploits!

Writer: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

Sep 21, 2023 12:43

CoinScan, an analytics platform aimed toward decreasing losses from crypto exploits, hacks, and scams, has raised $6.3 million in funding. The corporate, backed by Shalom Meckenzie, the most important particular person shareholder in DraftKings, is rising from stealth with merchandise that may assist determine tokens’ susceptibility to rug pulls, pockets holdings, and real-time shopping for and promoting actions. Losses from crypto hacks, exploits, and scams reached $1 billion by early September, in line with blockchain safety agency Certik.