Crypto

CUBE3.AI Unveils AI-Driven Technology to Detect and Block Rising Tide of New Scams and Fraud

Palo Alto, California, United States, September 5th, 2024, Chainwire

AI-driven platform detects fraud at its earliest stages, preventing billions in potential crypto losses

As scams grow more sophisticated and increasingly target crypto for laundering billions in losses, CUBE3.AI is pioneering a new era in fraud prevention. Today, the company announced major enhancements to its platform that bridge the gap between Web2 and Web3, enabling real-time risk assessment and the proactive blocking of scams like pig butchering, ransomware, sextortion, and others.

In 2023, investment scams alone led to more than $4.5 billion in losses, with 86% linked to cryptocurrency. A substantial portion of these scams originate in Web2—through social media interactions, fraudulent websites, or other online channels—before transitioning into crypto where recovering stolen assets becomes nearly impossible. While the industry has traditionally focused on either Web2 or Web3, CUBE3.AI leverages unique expertise and proprietary AI technology that seamlessly integrates both realms, enabling the detection and prevention of fraud across the entire digital landscape. This approach addresses a critical gap by offering a holistic view of fraud patterns across both Web2 and Web3, enabling early detection, thorough risk assessment, and timely intervention.

“The most damaging scams often involve complex journeys that span both traditional and crypto spaces. We’ve built a solution that looks at the full picture, from initial contact in Web2 all the way to final transactions in Web3,” said Einaras Gravrock, CEO of CUBE3.AI. “Real-time fraud prevention is a complex challenge that requires expertise in both realms, along with advanced technology capable of interpreting diverse data and understanding context. Our platform is more than just technology—it’s about restoring trust. Whether it’s protecting businesses from dirty money or safeguarding people from devastating losses, this solution marks a significant step forward in the fight against digital fraud.”

CUBE3.AI’s enhanced platform integrates data from social media, online platforms, and dark web sources, combining it with real-time Web3 transaction monitoring. Proprietary AI models trained to interpret the context of this data generate a comprehensive risk score, empowering businesses to act swiftly before scams escalate. By offering seamless visibility into both Web2 and Web3 activities, CUBE3.AI allows organizations to preemptively block threats that would otherwise go unnoticed until it’s too late.

“As criminals increasingly rely on AI to scale their attacks, our response has to be just as sophisticated. Our AI-powered tools connect the dots between Web2 and Web3, giving us a unique edge in identifying threats before they escalate,” said Chris Griffiths, CTO of CUBE3.AI. “By offering this level of visibility and speed, we empower businesses to make informed decisions and protect their users in real time.”

These new capabilities provide exchanges, financial institutions, and service providers with the early detection and risk management they need to avoid facilitating fraud, protect user trust, and minimize financial losses. By offering a solution that integrates data from both Web2 and Web3, CUBE3.AI sets a new standard in fraud prevention, helping businesses stay ahead of rapidly evolving threats.

About CUBE3.AI

CUBE3.AI is an innovative platform dedicated to real-time fraud and crypto crime prevention. Utilizing proprietary artificial intelligence models, CUBE3.AI protects digital assets and transactions from fraud, cyber exploits, hacks, scams, and compliance risks, empowering businesses to protect their assets, reduce chargebacks, and minimize financial losses. Our technology not only responds to incidents but also anticipates and prevents them before they occur, safeguarding businesses and individuals from the risks associated with crypto transactions.

The company was founded by a team of machine learning researchers, fraud prevention specialists, white hats and blockchain engineers, and is backed by leading investors – including Blockchange Ventures, Dispersion Capital, Symbolic Capital, Hypersphere Ventures, ICLUB and TA Ventures. Users can learn more at www.CUBE3.AI and join CUBE3.AI on LinkedInTwitter and Telegram.

Contact

Head of Marketing
Rasa Petuch
CUBE3.AI
rasap@cube3.ai

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Goldenlinx Makes Spectacular Debut on Nasdaq Big Screen in Times Square

2024-09-19T19:00:00Z

New York, NY, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Revolutionary Internet Financial Platform Marks Milestone Achievement, In a groundbreaking moment for the financial technology sector, Goldenlinx the innovative Internet-based comprehensive financial platform, has successfully debuted on the iconic Nasdaq big screen in Times Square, New York City. The event, which occurred earlier today, marks a significant milestone for the platform and underscores its growing influence in the global financial landscape.



Goldenlinx, known for its cutting-edge approach to financial services and wealth management, captured the attention of onlookers and industry insiders alike with its first-ever appearance on one of the most renowned advertising platforms in the world. The Nasdaq big screen, synonymous with global financial prowess and technological innovation, provided an ideal stage for Goldenlinx to showcase its vision and capabilities.

Founded on the principles of accessibility, transparency, and innovation, Goldenlinx has quickly garnered attention for its user-centric approach to financial planning and investment management. The platform integrates advanced technological solutions with comprehensive financial insights, empowering users to make informed decisions about their financial futures.

"We are thrilled to have our platform featured on the Nasdaq big screen in Times Square," said Mason Brown, CEO of Goldenlinx. "This moment represents not only a validation of our team's hard work and dedication but also a testament to the trust and confidence placed in us by our users and partners."

The appearance on the Nasdaq big screen comes at a time of rapid expansion and development for Goldenlinx. With a growing user base and increasing recognition within the financial community, the platform continues to set new standards for excellence in digital financial services.

"We see this as just the beginning," Mason Brown added. "Our mission is to redefine the way people approach their finances, leveraging technology to simplify complexities and unlock new opportunities. Being featured in Times Square is not just a milestone but a promise of what lies ahead."

The Nasdaq big screen in Times Square has long served as a platform for leading global brands and emerging companies to showcase their achievements and ambitions. Goldenlinx's presence on this stage reinforces its position as a key player in the fintech revolution, poised to shape the future of financial services through innovation and accessibility.

As Goldenlinx continues to expand its offerings and reach, the platform remains committed to its core values of integrity, security, and customer-centricity. The debut on the Nasdaq big screen is expected to further elevate its profile and attract a broader audience of investors, partners, and stakeholders eager to explore the future of finance.

For more information about Goldenlinx and its innovative financial platform, visit www.Goldenlinx.com

 

Media Contact

Company Name: Goldenlinx

Website: http://goldenlinx.com/

Email: support@goldenlinx.com

Contact: Mason Brown

 

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.


CONTACT: Mason Brown

Goldenlinx

support at goldenlinx.com

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