CoinScan, a crypto analytics platform, on Thursday emerged from stealth with $6.3 million in initial funding to fuel product development and expansion.
What Happened: This year alone, nearly $1 billion has been lost to crypto exploits, hacks, and scams – much of which could have been avoided with better access to data.
Key investors supporting the company include billionaire Shalom MecKenzie, the top individual shareholder of DraftKings Inc (NASDAQ:DKNG), as well as Mor Weizer, the CEO of Playtech, Roy Samuelov, the Head of Business Development and M&A at Playtech, Shy Datika, iAngels, and Tectona, a publicly traded digital asset company.
CoinScan's scam prevention features include:
Safety Checks: This feature assesses a token's susceptibility to rug pulls or scams by analyzing key indicators such as liquidity locks, ...