Blockchain
Blockchain Security Company Salus Security’s Seed Round Led by Binance Labs, Building Security for Web3 Together
Singapore–(Newsfile Corp. – September 20, 2022) – Salus Security announced the completion of its seed funding round, led by Binance Labs. Geekcartel also participated in this round. Salus Security will use the funds raised to expand its team and drive the technological development of its products.
Salus Security is an all-rounded blockchain security company, providing services such as automated smart contract audits and manual vulnerability detection. The team is experienced in both traditional and blockchain security, and aims to make security services accessible for all.
Yi He, Co-Founder of Binance and Head of Binance Labs, said, “At Binance, security has always been a priority and we’re on the continued lookout for service projects that offer innovative security solutions to resolve pain points currently facing the blockchain ecosystem. The technological competitiveness of Salus Security will drive the quality of security solutions in the Web3 sector.”
Backed by its machine learning technology, Salus Security is able to verify the smart contracts’ business logic with as little friction and effort as possible. It can also automatically conduct a thorough examination of the smart contracts’ codes and data repository to make blockchain security simpler and more efficient. The core products of Salus Security include but are not limited to:
- Automated smart contract vulnerability detection that supports multi-engine formal verification, symbolic execution, hybrid fuzzing, and more.
- Smart contract audits that help detect security issues such as denial-of-service (DoS) attack oversight, functionality duplication, rounding errors, and more.
- Customized security services that include on-demand consulting, comprehensive penetration testing, and on-chain asset tracking.
Mirror T., Co-Founder of Salus Security, said, “We aim to help our users eliminate their concerns about blockchain security threats, and provide them with a series of services to protect their data privacy and crypto assets. We are constantly innovating and see it as our mission to establish new standards for the blockchain security industry.”
“While Web3 is shaping up to be a more decentralized and independent Web, this emerging sector still faces notable blockchain security challenges. Salus Security has made a step towards resolving these issues by leveraging their expertise in blockchain technology and machine learning. We’re excited about this partnership and look forward to working with the Salus Security team to bring more blockchain security solutions to users, and provide more guardrails for the Web3 industry,” Danny F., Investment Director at Binance Labs, commented.
For more information, follow Salus Security on Twitter
Salus Security
https://salusec.io/
Binance Labs
https://labs.binance.com/
Geekcartel
https://www.geekcartel.org/
Contact:
Grace Chen
grace@salusec.io
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/137778
Blockchain
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Blockchain
Blocks & Headlines: Today in Blockchain – May 6, 2025 | Arkham, DMG Blockchain, Solana, Prologis
The Blockchain Renaissance – AI, Infrastructure, and Eastern Europe’s Ascent
As we navigate through the intricate tapestry of blockchain and cryptocurrency, May 6, 2025, stands out as a day marked by significant strides in technology, infrastructure, and regional innovation. From the fusion of artificial intelligence with blockchain analytics to the strategic expansion of data centers, the landscape is evolving at an unprecedented pace. Eastern Europe, particularly Romania, is emerging as a formidable player in the blockchain arena, leveraging platforms like Solana to drive innovation. Simultaneously, the integration of blockchain into warehouse operations signifies the technology’s permeation into traditional industries.
Arkham and Blockchair: Redefining On-Chain Transparency
In the realm of blockchain analytics, Arkham Intelligence and Blockchair are pioneering a new era of on-chain visibility. Arkham Intelligence, founded by Miguel Morel and backed by notable investors such as Sam Altman and Tim Draper, utilizes AI to deanonymize blockchain addresses, providing a clearer view of cryptocurrency flows. This approach, while enhancing transparency, raises questions about privacy and the balance between openness and confidentiality in the decentralized world.
Blockchair complements this by offering a comprehensive blockchain search and analytics engine, enabling users to explore transactions across multiple blockchains. Their tools facilitate a deeper understanding of blockchain data, empowering users to make informed decisions.
Source: Bitcoin News
DMG Blockchain Solutions: Strategic Pivot Towards AI Infrastructure
DMG Blockchain Solutions Inc. has reported its preliminary operational results for April 2025, highlighting a strategic shift towards artificial intelligence infrastructure. The company mined 30 BTC during the month, a slight decrease from March, attributed to increased network difficulty and a shorter month. Notably, DMG increased its realized hashrate to 1.93 EH/s, supported by the deployment of additional Bitmain S21+ Hydro miners.
In a significant move, DMG liquidated a portion of its Bitcoin holdings to fund the acquisition of 2 megawatts of prefabricated AI data center infrastructure. This investment marks a demonstrative shift towards utilizing returns from Bitcoin mining to fund AI capital expenditures, aiming to secure off-take agreements with high-value government and enterprise users seeking sovereign AI solutions in Canada.
Source: GlobeNewswire
Prologis: Integrating Blockchain into Warehouse Operations
Prologis, a global leader in logistics real estate, is exploring the integration of blockchain technology into warehouse operations. By leveraging blockchain’s immutable ledger, Prologis aims to enhance inventory management, transportation tracking, and logistics. The technology allows for a permanent record of every transaction, accessible to all network participants, thereby improving transparency and efficiency across the supply chain.
This integration enables manufacturers to better manage product origins, traceability, potential recalls, and perishable goods. With real-time visibility into consumer-level demand, manufacturers can forecast demand accurately, optimizing revenue and profitability while reducing the risk of lost sales.
Source: Prologis
Romania’s Embrace of Solana: Accelerating Blockchain Innovation in Eastern Europe
Romania is positioning itself as a hub for blockchain innovation in Eastern Europe, with a particular focus on the Solana blockchain. The country’s tech-savvy population and supportive regulatory environment have attracted developers and entrepreneurs to build decentralized applications (dApps) on Solana’s high-performance platform.
This strategic embrace of blockchain technology is fostering economic growth and technological advancement in the region. By leveraging Solana’s scalability and low transaction costs, Romanian startups are developing solutions in finance, supply chain, and digital identity, contributing to the broader Web3 ecosystem.
Source: Romania Insider
Blockchain’s Role in Shaping Web3: Insights from NASSCOM
The National Association of Software and Service Companies (NASSCOM) has highlighted the pivotal role of blockchain technology in the evolution of Web3. Blockchain’s decentralized and immutable nature provides the foundation for a more secure and user-centric internet, enabling peer-to-peer interactions without intermediaries.
By facilitating trustless transactions and data ownership, blockchain empowers users to control their digital identities and assets. This paradigm shift is driving the development of decentralized applications, decentralized finance (DeFi), and non-fungible tokens (NFTs), reshaping the digital landscape towards a more equitable and transparent ecosystem.
Source: NASSCOM
Conclusion: Navigating the Blockchain Frontier
The developments on May 6, 2025, underscore the dynamic nature of the blockchain and cryptocurrency landscape. From enhancing transparency through AI-powered analytics to integrating blockchain into traditional industries and fostering regional innovation, the technology continues to evolve and permeate various sectors. As we move forward, the convergence of blockchain with emerging technologies like AI and the proactive adoption by nations like Romania signal a promising trajectory towards a decentralized and inclusive digital future.
The post Blocks & Headlines: Today in Blockchain – May 6, 2025 | Arkham, DMG Blockchain, Solana, Prologis appeared first on News, Events, Advertising Options.
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