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Locus Robotics Named to Inc. 5000 list for 3rd Consecutive Year

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Leading Warehouse Robotics Company Again Ranked as One of the Fastest Growing Companies in US by the Business Publication 

WILMINGTON, Mass., Aug. 15, 2023 /PRNewswire/ — Locus Robotics, a global leader in autonomous mobile robots (AMRs) for warehouse automation, was again named to the Inc. 5000 list, marking the 3rd year in a row that the company has appeared on the prestigious list. The list, published annually by Inc. Magazine, recognizes the fastest-growing private companies in the United States and celebrates their outstanding achievements in business development and innovation. 

“We are incredibly proud and honored to again be recognized on the Inc. 5000 list,” said Rick Faulk, CEO of Locus Robotics. “This achievement acknowledges not only the dedication and hard work of our team, but also a reflection of the growing importance of warehouse automation in today’s dynamic business landscape. As we continue to revolutionize the industry with our innovative, AI-powered robotics solutions, we remain committed to driving operational efficiencies for our customers and empowering the human workforce with cutting-edge technology that leads the way in transforming the future of warehousing and logistics.” 

“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor in chief Scott Omelianuk. “To make the Inc. 5000 with the fast growth that requires is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”

The AI and data science-driven LocusOne Warehouse Automation Platform enables the smooth orchestration of enterprise-scale, multi-form factor robotics automation within a single coordinated platform. LocusOne optimizes robotic task allocation, route planning, and resource use, while delivering real-time insights into warehouse operations. The LocusOne solution enables labor-strapped 3PL, retail, health care, and manufacturing businesses to optimize productivity in their operations, reduce costs, and stay competitive in the rapidly evolving fulfillment warehouse landscape. 

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“Locus Robotics’ third consecutive appearance on the Inc. 5000 list is a testament to their continued excellence and leadership in the warehouse automation sector,” said Ash Sharma, Managing Director – Interact Analysis. “Locus’s innovative approach to leveraging autonomous mobile robots underscores not only their strong growth trajectory but also their significant contribution to reshaping the logistics landscape around the world.”

The company’s commitment to excellence and customer satisfaction has earned Locus Robotics a rapidly expanding customer base across a wide range of industries, including e-commerce, retail, and third-party logistics (3PL) providers. Its transformative impact on the logistics sector has garnered attention from industry leaders and investors alike, leading to significant funding rounds and strategic partnerships. 

Locus Robotics’ innovative AMRs are designed to work collaboratively with human associates, enhancing human productivity and improving the overall efficiency of order fulfillment processes. Leveraging cutting-edge technology, advanced algorithms, and real-time data analysis, Locus Robotics’ solutions enable companies to optimize their warehouse layout, reduce travel time, and achieve higher accuracy rates, ultimately resulting in faster order processing and reduced operational costs. 

The Inc. 5000 recognition reflects Locus Robotics’ impressive growth rate over the past several years and solidifies its position as a trailblazer in the robotics industry. As the demand for automation and intelligent robotics solutions continues to grow, Locus Robotics remains dedicated to pushing the boundaries of innovation and helping businesses build a more efficient and productive future. 

About Locus Robotics 

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Locus Robotics is the world’s leading  enterprise-level, warehouse automation solution, incorporating powerful and intelligent, AI-driven autonomous mobile robots (AMRs) that operate collaboratively with human workers to dramatically improve product movement and productivity 2-3X. Supporting more than 120 of the world’s top brands and deployed at more than 270 sites around the world, Locus Robotics enables retailers, 3PLs, and specialty warehouses to efficiently meet and exceed the increasingly complex and demanding requirements of today’s fulfillment environments.  

Named to the Inc. 5000 three years in a row, and winning dozens of industry and technology awards, the Locus solution dramatically increases order fulfillment productivity, lowers operational costs, and improves workplace quality, safety, and ergonomics for workers.  For more information, visit www.locusrobotics.com.     

Logo – https://mma.prnewswire.com/media/1440363/Locus_Robotics_Logo.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/locus-robotics-named-to-inc-5000-list-for-3rd-consecutive-year-301900831.html

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Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches

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Sarah Brennan, an accomplished figure in corporate and securities law, serves as General Counsel at Delphi Ventures, focusing on investments in the Web3 space. With over 14 years of experience in securities law and a deep involvement in digital assets since 2017, Brennan also co-leads LeXpunK, a collective dedicated to establishing legal frameworks for decentralized digital communities.

In a candid interview with a prominent cryptocurrency news outlet, Brennan discussed various critical topics. She addressed the emergence of crypto super PACs, funded significantly by major firms like Ripple and Circle, to counter strict SEC regulations. Brennan viewed the SAB 121 bill, backed by the US administration, as potentially isolating the crypto community from broader financial integration.

While acknowledging the influence of centralized entities in advocating for crypto interests, Brennan cautioned against replicating traditional financial hierarchies within the crypto sphere, which contradicts its revolutionary ethos. She expressed concerns about monopolistic scenarios that could dominate the crypto landscape, exerting excessive control over essential industry components and traditional financial operations.

Regarding regulatory challenges, Brennan advocated for tailored regulations to manage systemic risks posed by large centralized crypto institutions. She criticized the current regulatory opacity and inconsistency, which she believes have fostered suboptimal business practices. Through LeXpunK, Brennan endeavors to pioneer experimental legal structures that could redefine regulatory compliance for token issuances, though reception from policymakers has been lukewarm.

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Looking ahead, Brennan emphasizes the need for proactive regulatory approaches using antitrust measures to prevent crypto monopolies, promote decentralization, and target bad actors. However, she highlighted the persistent communication gap between crypto-literate legal advocates and hesitant regulators as a significant obstacle.

Brennan continues to drive forward her mission through new advocacy platforms aimed at shaping the future of cryptographic regulation, navigating complexities to ensure balanced and effective regulatory frameworks in the evolving crypto landscape.

Source: shakirabrasil.info

The post Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches appeared first on HIPTHER Alerts.

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Italy Ramps Up Crypto Oversight in Line with MiCA

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Italy is preparing to strengthen its oversight of cryptocurrency markets to align with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. This initiative, initially enacted in 2022, aims to impose stricter monitoring of digital asset markets, particularly targeting insider trading and market manipulation. Under the new decree, fines ranging from 5,000 to 5 million euros ($5,400 to $5.4 million) will be imposed based on the severity of violations, reinforcing compliance and market integrity.

For blockchain firms and decentralized finance (DeFi) protocols, MiCA presents significant challenges. These entities must decide between fully decentralizing their networks or complying with MiCA’s Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. Fully decentralized networks are exempt from reporting requirements but risk non-compliance if they employ foundations or intermediaries moderating communities.

Centralized exchanges like Binance are adapting to MiCA by categorizing stablecoins as authorized or unauthorized, aligning with regulatory requirements without delisting these assets from spot markets. Uphold has similarly adjusted by delisting certain stablecoins for compliance purposes.

Despite regulatory pressures, experts are optimistic about stablecoins’ future. Figures like Jeremy Allaire, CEO of Circle, predict stablecoins could represent 10% of the money supply within a decade. They anticipate widespread adoption driven by benefits such as financial inclusion, lower remittance costs, and seamless cross-border commerce via public blockchains.

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This regulatory framework underscores the transformative potential of stablecoins and blockchain technology within the global financial system.

Source: coinfomania.com

The post Italy Ramps Up Crypto Oversight in Line with MiCA appeared first on HIPTHER Alerts.

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1inch Network Teams Up with Blockaid for Shield API

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1inch Network has collaborated with Blockaid to introduce the 1inch Shield API, a pioneering advancement in Web3 security. This collaboration aims to enhance user protection within decentralized finance (DeFi) by bolstering defenses against fraudulent tokens. Blockaid, renowned for its expertise in Web3 security solutions, utilizes advanced data analytics and machine learning to swiftly identify and flag scam tokens, safeguarding users from potential financial risks.

The 1inch Shield API also addresses compliance with Anti-Money Laundering (AML) regulations through continuous screenings of blockchain addresses. Powered by TRM Labs, this feature scrutinizes addresses for associations with sanctioned entities and illicit activities, preemptively restricting suspect addresses to prevent regulatory infractions.

Additionally, 1inch integrates Etherscan Pro’s blocklisting capabilities to proactively blacklist suspicious addresses, further fortifying its security measures.

This initiative marks a significant milestone in DeFi security, promising unparalleled levels of security and compliance. As 1inch continues to deploy this technology across its platform, it aims to provide developers and users with enhanced protection and confidence in navigating the Web3 landscape.

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Source: cryptotimes.io

The post 1inch Network Teams Up with Blockaid for Shield API appeared first on HIPTHER Alerts.

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