CUBE3.AI Unveils AI-Pushed Era to Stumble on and Prevent Emerging Stream of Brandnew Scams and Fraud

[PRESS RELEASE – Palo Alto, California, United States, September 5th, 2024]

AI-driven platform detects fraud at its earliest phases, fighting billions in doable crypto losses

As scams develop extra subtle and an increasing number of goal crypto for laundering billions in losses, CUBE3.AI is pioneering a fresh presen in fraud prevention. These days, the corporate introduced primary improvements to its platform that bridge the distance between Web2 and Web3, enabling real-time chance review and the proactive blocking off of scams like pig butchering, ransomware, sextortion, and others.

In 2023, funding scams unloved resulted in greater than $4.5 billion in losses, with 86% connected to cryptocurrency. A considerable portion of those scams originate in Web2—thru social media interactions, fraudulent internet sites, or alternative on-line channels—prior to transitioning into crypto the place recuperating stolen belongings turns into just about not possible. Week the trade has historically fascinated about both Web2 or Web3, CUBE3.AI leverages distinctive experience and proprietary AI generation that seamlessly integrates each nation-states, enabling the detection and prevention of fraud throughout all the virtual terrain. This means addresses a important hole by means of providing a holistic view of fraud patterns throughout each Web2 and Web3, enabling early detection, thorough chance review, and well timed 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,” stated 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 information from social media, on-line platforms, and black internet resources, combining it with real-time Web3 transaction tracking. Proprietary AI fashions skilled to interpret the context of this information generate a complete chance ranking, empowering companies to behave unexpectedly prior to scams escalate. Through providing seamless visibility into each Web2 and Web3 actions, CUBE3.AI permits organizations to preemptively stop blackmails that might differently advance overlooked till it’s too overdue.

“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,” stated 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.”

Those fresh functions handover exchanges, monetary establishments, and repair suppliers with the early detection and chance control they want to keep away from facilitating fraud, offer protection to person agree with, and reduce monetary losses. Through providing an answer that integrates information from each Web2 and Web3, CUBE3.AI units a fresh same old in fraud prevention, serving to companies keep forward of unexpectedly evolving blackmails.

About CUBE3.AI

CUBE3.AI is an leading edge platform devoted to real-time fraud and crypto crime prevention. Using proprietary synthetic logic fashions, CUBE3.AI protects virtual belongings and transactions from fraud, cyber exploits, hacks, scams, and compliance dangers, empowering companies to offer protection to their belongings, release chargebacks, and reduce monetary losses. Our generation no longer most effective responds to incidents but additionally anticipates and forestalls them prior to they happen, safeguarding companies and folks from the dangers related to crypto transactions.

The corporate was once based by means of a staff of gadget finding out researchers, fraud prevention experts, white hats and blockchain engineers, and is sponsored by means of important buyers – together with Blockchange Ventures, Dispersion Capital, Symbolic Capital, Hypersphere Ventures, ICLUB and TA Ventures. Customers can be told extra at www.CUBE3.AI and tied CUBE3.AI on LinkedIn, Twitter and Telegram.