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 in New York, United States, began its actions in 2017.
In the meantime, there are about 12 leading blockchains under the company’s radar to detect possible theft or fraudulence cases. The need to monitor and carry out threat surveillance in the crypto industry is necessary, considering the high possibility of scams.
Most of the scam cases detected came from a crypto exchange platform’s chain known as BNB Chain. Besides this, more cyber threats keep arising, and recently, the Web3 system has detected 15 new scam cases.
Major Information On The Scam
Solidus Labs has detected around 188,525 scam cases dating. The cases reported came from some blockchains among the 12 monitored blockchains. These blockchains include BNB Chain, Polygon, and Ethereum.
According to Kathy Kraninger, there were several scam cases that Solidus Labs failed to identify. This is evident from the company’s data. Meaning that there’s…