Blockchain Press Releases
Cato Networks Revolutionizes Network Security with Real-Time, Machine Learning-Powered Protection
The combination of data science expertise, cloud resources, and Cato’s vast data lake enables real-time, ML-powered protection against evasive cyber-attacks, reducing risk and improving security.
TEL AVIV, Israel, June 27, 2023 /PRNewswire/ — Cato Networks, provider of the world’s leading single-vendor SASE platform, introduced today real-time, deep learning algorithms for threat prevention as part of Cato IPS. The algorithms leverage Cato’s unique cloud-native platform and vast data lake to provide highly accurate identification of malicious domains, which are often used in phishing and ransomware attacks. In testing, the deep learning algorithms identified nearly six times more malicious domains than reputation feeds alone. Cato’s Security Research Manager, Avidan Avraham, and Cato Data Scientist Asaf Fried presented on the use of machine learning to detect C2 communications at the AWS Summit in Tel Aviv.
Tapping Deep Learning to Stop Phishing and Ransomware Attacks
Real-time identification of malicious domains and IPs is essential to stopping phishing, ransomware, and other cyber threats. The traditional approach – relying on domain reputation feeds to categorize and identify malicious domains – has proven far too inaccurate as domain generation algorithms (DGAs) enable attackers to quickly generate new domains, which lack reputation. At the same time, users continue to click through to malicious domains mimicking well-known brands (such as microsoftt[dot]com or amazonlink[dot]online) whose lack of reputation also makes detection by reputation feeds alone unreliable.
Cato’s real-time, deep-learning algorithms address both problems. The algorithms prevent access to DGA-registered domains by identifying those new domains infrequently visited by users and with letter patterns common to DGAs. They block cybersquatting by hunting for domains with letter patterns similar to well-known brands. And the algorithms stop brand impersonation by examining parts of the webpage, such as the favicon, images, and text.
These radical advancements in network security are enabled by the cloud-native architecture of Cato’s technology. Real-time deep learning algorithms require significant compute resources to avoid disrupting the user experience. The Cato SASE Cloud provides those resources. In milliseconds, Cato inspects flows, extracts their destination domain, measures the domain’s risk, and infers the necessary results from the traffic without disrupting the user experience.
At the same time, deep learning models need extensive training data. The massive data lake underlying Cato SASE Cloud provides that resource. Built from the metadata of every flow traversing Cato and further enriched by 250+ threat intelligence feeds, the deep learning algorithms benefit from analyzing patterns across all Cato customers. Those insights are further enhanced by custom analyses derived from customers’ traffic—the result: precise, algorithmic identification of suspicious domains.
Real-time Deep Learning Yields 6X Improvement in Threat Detection
Cato Research Labs routinely observes tens of millions of network connection attempts to DGA domains from across the 1700+ enterprises using the Cato SASE Cloud. For example, of the 457,220 network connection attempts to DGA domains made in a sample period, only 66,675 (15 percent) were listed in the 250+ threat intelligence feeds consumed by Cato. By contrast, Cato algorithms identified the rest, over 390,000 additional DGA domains, a nearly six-fold improvement.
Real-time, Deep Learning: Just One Part of Cato’s Multitiered Security Protection
Cato’s real-time, deep learning algorithms are not the only way Cato detects and stops threats. The Cato SASE Cloud‘s combination of SWG, NGFW, IPS, NGAM, CASB, DLP, RBI, and ZTNA provides multitiered protection against exploitations, disrupting cyberattacks at multiple points in MITRE’s ATT&CK Framework.
The deep learning algorithms are the latest AI and ML additions to the Cato SASE Cloud. Cato has long used machine learning for offline analysis to solve problems at scale, such as OS detection, client classification, and automatic application identification. ChatGPT is also used in various ways, including automatically generating descriptions of threats for Cato’s threat catalog.
To learn more about Cato and its security capabilities, visit https://www.catonetworks.com/security-service-edge/.
CLICK TO TWEET: How do #enterprises increase their ability to detect #phishing & #ransomware attacks by 600 percent? Deploy @CatoNetworks’ #IPS, a key part of #CatoNetworks #SASE Cloud platform. https://www.catonetworks.com/news/
Supporting Quotes
Elad Menahem, senior director of security, Cato Networks
“ML and AI are essential to defending against the ever-evolving, sophisticated, and evasive cyber-attacks. But that’s easier marketed than done,” says Elad Menahem, senior director of security at Cato Networks. “ML algorithms must be trained and re-trained on high-quality data to provide value. Cato’s data lake provides an enormous advantage in that area. Its convergence of rich networking data and security sources, coupled with its sheer scale, enables Cato to train algorithms in unique ways. Our current work is only the start of AI and ML innovation.”
Asaf Fried, Data Scientist, Cato Networks
“Real-time ML must be continuously trained and updated to deal effectively with evasive attacks. A SASE cloud allows training on quality data at scale and continuous updates. Appliance-based solutions can’t offer either, making enterprises who rely on them for their network security an easier target.”
Digital Assets
- [Photo] Elad Menahem
- [Photo] Asaf Fried
- [Image] Cato Networks logo
Supporting Resources
- Read Cato Blog
- Read about Elad Menahem
- Read about Asaf Fried
- For more information about Cato’s news and activities, follow the company via Twitter, LinkedIn, Facebook, Instagram, and YouTube.
About Cato Networks
Cato provides the world’s most robust single-vendor SASE platform, converging Cato SD-WAN and a cloud-native security service edge, Cato SSE 360, into a global cloud service. Cato SASE Cloud optimizes and secures application access for all users and locations everywhere. Using Cato, customers easily replace costly and rigid legacy MPLS with modern network architecture based on SD-WAN, secure and optimize a hybrid workforce working from anywhere, and enable seamless cloud migration. Cato enforces granular access policies, protects users against threats, and prevents sensitive data loss, all easily managed from a single pane of glass. With Cato, businesses are ready for whatever’s next.
View original content:https://www.prnewswire.co.uk/news-releases/cato-networks-revolutionizes-network-security-with-real-time-machine-learning-powered-protection-301863738.html
SHANGHAI, March 18, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading Bitcoin mining company with an automotive transaction service in China, today announced that it has been included in the Bitwise Bitcoin Standard Corporations ETF (NYSE Arca: OWNB), launched by Bitwise Asset Management on March 11, 2025. The exchange-traded fund (ETF) tracks the Bitwise Bitcoin Standard Index, providing investors with exposure to forward-looking publicly traded corporations holding a minimum of 1,000 Bitcoins on their balance sheets.
“We are proud to be included in the recently launched Bitwise Bitcoin Standard Corporations ETF. Our inclusion highlights the industry’s acknowledgement of our strategic pivot to Bitcoin mining and significant achievements in such a short time,” said Mr. Jiayuan Lin, Chief Executive Officer of Cango. “As a forward-looking company, our future-ready business model ensures we are well-positioned for sustained growth, global expansion, and operational flexibility in the Bitcoin mining sector in 2025 and beyond.”
Since transitioning to a capital-light Bitcoin mining model in Q4 2024, Cango has achieved a number of milestones, including leading the industry in productivity per hash rate with 17.81 Bitcoin per EH/s and securing a hashrate of 32 EH/s, ranking 3rd globally.
About Cango Inc.
Cango Inc. (NYSE: CANG) primarily operates a leading Bitcoin mining business. Headquartered in Shanghai, China, Cango has deployed its mining operation across strategic locations including North America, Middle East, South America, and East Africa. Cango expanded into the crypto assets market in November 2024, driven by the development in blockchain technology, increasing prevalence of crypto assets and its endeavor to diversify its business. Meanwhile, Cango has continued to operate the automotive transaction service in China since 2010, aiming to make car purchases simple and enjoyable. For more information, please visit: www.cangoonline.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Cango may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Cango’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Cango’s goal and strategies; Cango’s expansion plans; Cango’s future business development, financial condition and results of operations; Cango’s expectations regarding demand for, and market acceptance of, its solutions and services; Cango’s expectations regarding keeping and strengthening its relationships with dealers, financial institutions, car buyers and other platform participants; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Cango’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Cango does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact
Yihe Liu
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: [email protected]
Helen Wu
Piacente Financial Communications
Tel: +86 10 6508 0677
Email: [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/cango-inc-joins-bitwise-bitcoin-standard-corporations-etf-302404481.html
Blockchain Press Releases
BingX Levels Up Trading Experience with CScalp’s Advanced Features & Fee Discounts
PANAMA CITY, Panama, March 18, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its integration with CScalp, a free and powerful trading terminal designed for active cryptocurrency and futures traders. This partnership aims to provide BingX users with advanced trading tools and a seamless trading experience across multiple exchanges.
CScalp is renowned for its robust features tailored for scalping and intraday trading. The platform allows traders to operate across multiple exchanges and trade different instruments within a single interface. Its user-friendly interface and comprehensive tools are optimized for quick market analysis, one-click order placement, and efficient position management.
With this integration, BingX users can now leverage CScalp’s capabilities to enhance their trading strategies. The platform’s features, such as multi-account management, stable connection, and customizable workspace, will enable users to execute trades more efficiently and effectively. BingX users can also benefit from discounts on exchange fees, access to trading signals, and an active trader community, fostering a more informed and cost-effective trading experience.
“We are thrilled to integrate BingX with CScalp, providing our users with a powerful tool to enhance their trading experience”, said Vivien Lin, Chief Product Officer of BingX. “This collaboration underscores our commitment to offering innovative solutions that cater to the diverse needs of our trading community.”
This integration not only benefits individual traders but also strengthens BingX’s position in the market by offering a more versatile and user-centric platform. By aligning with CScalp, BingX continues to demonstrate its dedication to providing cutting-edge tools and services that empower its users to navigate the dynamic cryptocurrency trading landscape with confidence.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
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View original content:https://www.prnewswire.co.uk/news-releases/bingx-levels-up-trading-experience-with-cscalps-advanced-features–fee-discounts-302404412.html
Blockchain Press Releases
HTX Ventures: Striking a Balance between Compliance and Innovation in a Shifting Regulatory Landscape
SINGAPORE, March 18, 2025 /PRNewswire/ — HTX, a leading crypto exchange, has been ranked as the “Top 3 Exchanges for EUR-Stablecoin Trading Activity” in a recent CoinDesk report titled “MiCAR: The Institutional Playbook for Europe’s Digital Asset Market“. The report explores key trends shaping the European digital asset market with the implementation of Markets in Crypto-Assets Regulation (MiCAR) and highlights that HTX achieved a monthly average EUR-stablecoin trading volume of €48 million, with a notable volume of €33 million in November 2024, ranking third following Binance and Coinbase.
This surge in EUR-denominated trading coincides with the regulatory shifts. Regulatory clarity has become a key driver of institutional adoption and market confidence. The full rollout of MiCAR represents a major milestone for the industry, offering a unified framework that spans across 27 European Union (EU) member states. While MiCAR streamlines compliance and fosters innovation, it also brings along complex challenges that exchanges must navigate. HTX Ventures explores both the opportunities and hurdles that come with this landmark regulation.
Alec Goh, Head of HTX Ventures, said, “The implementation of MiCAR is a major step in the right direction for the crypto industry, providing much-needed regulatory clarity and fostering an environment conducive to institutional adoption. As jurisdictions worldwide become more crypto-friendly, a united framework like MiCAR will accelerate innovation while ensuring robust compliance. At HTX Ventures, we see this as an opportunity to drive the development of on-chain compliance tools, support the emergence of compliant DeFi solutions, and bridge the gap between traditional finance and digital assets.”
Opportunities:
- Unified Regulatory Framework Reduces Costs and Boosts Market Confidence
MiCAR covers all 27 EU member states through a “single license” approach, enabling exchanges to significantly reduce compliance costs across borders. This unified regulatory framework provides a clear and stable regulatory environment for the market, increasing confidence and participation among institutional investors while positioning Europe to becoming the world’s largest compliant digital asset market. - Technological Innovations Drive On-Chain Compliance Tools
To meet MiCAR’s stringent anti-money laundering (AML) and reserve monitoring requirements, exchanges can actively explore compliance tool innovations, including:- Using oracle networks to modularize AML rules and reserve monitoring, executing them on-chain for real-time data transparency.
- Adopting zk-SNARKs to build an on-chain central platform for regulatory data, enabling transaction data desensitization to balance regulatory transparency with user privacy.
- Leveraging account abstraction technology (ERC-4337) to integrate KYC processes into non-custodial wallets, lowering barriers for traditional financial institutions to access DeFi.
- New Opportunities for the Convergence of Traditional and Crypto Assets
With platforms such as Coinbase launching securitized tokens, exchanges can introduce real-world asset (RWA) trading. This includes income-based stablecoins backed by US stocks or Treasuries, enabling users to leverage assets like USDT for multi-asset allocation and global liquidity matching.
Challenges:
- High Costs and Technical Complexity of Compliance
MiCAR imposes strict requirements on stablecoin issuers and Crypto Asset Service Providers (CASPs), including adequate reserves, regular audits, and robust anti-money laundering measures. Exchanges must invest significantly in R&D to integrate compliance tools, data desensitization techniques, and on-chain regulatory platforms without compromising market fluidity.
- Uncertainty in the Dynamic Policy Environment
With regulatory policies evolving rapidly, exchanges must establish multi-chain testing environments and collaborate with regulatory-friendly regions (e.g., Lithuania, Malta) for cross-border stress tests and regulatory scenario simulations. This requires continuous investment, with risks at the policy interpretation and implementation levels.
- Security Risks and Stringent Custody Requirements
Following high-profile incidents like FTX, MiCAR has introduced rigorous digital asset custody requirements, mandating bank-level security measures to prevent hacking and asset loss. As DeFi integrates with traditional financial regulations, exchanges must address both technical vulnerabilities and evolving security risks.
HTX Ventures firmly believes that under a clearer regulatory framework such as MiCAR, exchanges can achieve a win-win situation through technological innovations and global asset allocation, balancing compliance with market innovation. Moving forward, the firm will continue to leverage its insights and expertise to actively explore on-chain compliance tools, expand RWA trading, and build a dynamic testing environment, navigating regulatory complexities and ensuring that crypto innovation remains aligned with long-term institutional adoption and market sustainability.
– End –
About HTX Ventures
HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.
HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. Visit us here.
Feel free to contact us for investment and collaboration at [email protected].
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
For more information on HTX, please visit the HTX Square, or https://www.htx.com/, and follow X, Telegram, Discord. For further press enquiries, please contact [email protected].
View original content:https://www.prnewswire.co.uk/news-releases/htx-ventures-striking-a-balance-between-compliance-and-innovation-in-a-shifting-regulatory-landscape-302404319.html
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