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

The post CoinScan Raises $6.3m to Reduce Losses from Crypto Exploits! appeared first on Coinpedia Fintech News

CoinScan, an analytics platform aimed at reducing losses from crypto exploits, hacks, and scams, has raised $6.3 million in funding. The company, backed by Shalom Meckenzie, the largest individual shareholder in DraftKings, is emerging from stealth with products that can help identify tokens’ susceptibility to rug pulls, wallet holdings, and real-time buying and selling activities. Losses from crypto hacks, exploits, and scams reached $1 billion by early September, according to blockchain security firm Certik.