Introducing Cube3.AI: Real-Time AI-Powered Blockchain Security Application
Blockchain security firm CUBE3.AI has launched its real-time AI-powered blockchain security application after raising $8.2 million in a seed round led by Blockchange Ventures. The release includes three products: Detect, Protect, and Manage, all of which use machine learning algorithms to secure blockchain protocols. These products aim to address transaction security issues in the industry that have allowed cybercriminals to exploit billions of dollars.
Key Points:
- CUBE3.AI has raised $8.2 million in a seed round led by Blockchange Ventures.
- The release includes three products: Detect, Protect, and Manage.
- These products use real-time machine learning algorithms to secure blockchain protocols.
- Transaction security is a critical issue in the industry, with cybercriminals exploiting billions of dollars.
- The products aim to block malicious transactions and provide monitoring, risk assessment, and alerting capabilities.
What is Cube3.AI?
CUBE3.AI is a blockchain security firm that focuses on smart contract security. The company’s team comprises AI, cybersecurity, and cloud engineers who have been developing algorithms for over a decade. They have spent a year building supervised and unsupervised ML models specifically for Web3 security. The supervised models use labeled datasets to classify information accurately, while unsupervised models find hidden patterns in unlabelled data. The team will continue to improve and introduce new models as threats evolve.
Hot Take:
CUBE3.AI’s real-time AI-powered blockchain security application is a significant development in addressing transaction security issues in the blockchain industry. By using machine learning algorithms, the products can detect and block malicious transactions, providing enhanced security for smart contracts and wallets. This innovation is crucial in preventing cybercriminals from exploiting billions of dollars in the industry. With the increasing adoption of blockchain technology, robust security solutions like CUBE3.AI’s application are essential to ensure the trust and integrity of the ecosystem.