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Trang chủ » Nvidia demand fuels surge in AI-focused cryptocurrencies while Shaq faces FTX lawsuit, according to CNBC Crypto World.

Nvidia demand fuels surge in AI-focused cryptocurrencies while Shaq faces FTX lawsuit, according to CNBC Crypto World.

AI-focused cryptos rise on Nvidia demand, and Shaq served with FTX lawsuit: CNBC Crypto World

AI-focused cryptos rise on Nvidia demand, and Shaq served with FTX lawsuit: CNBC Crypto World

CNBC Crypto World: Solidus Labs unveils new insider trading tracking tool for decentralized protocols

Solidus Labs, a blockchain security firm, has unveiled a new tool to track insider trading in decentralized protocols. Chen Arad, the company’s co-founder and COO, discussed the tool in an interview on CNBC Crypto World.

The tool is designed to identify insider trading in decentralized protocols, where there is no central authority overseeing transactions. “The tool allows you to enter the protocol, and identify and trace all the transactions, and all the players behind them,” Arad said.

Arad noted that decentralized finance (DeFi) has grown exponentially in recent years, with more than $100 billion in total value locked into protocols. However, this growth has also led to concerns about insider trading and other forms of market manipulation.

“The more money that’s at stake, the more susceptible the protocol is to malicious attacks,” Arad said.

The Solidus Labs tool aims to address this problem by providing increased transparency and accountability in decentralized finance. “We’re trying to bring institutional-grade tools and standards to this new ecosystem,” Arad said.

CNBC Crypto World is a daily show that provides viewers with the latest news and trading updates from the digital currency markets. The show also features high-profile interviews, explainers and unique stories from the ever-changing crypto industry.

FAQs:

What is Solidus Labs?
Solidus Labs is a blockchain security firm that provides tools and solutions for decentralized finance.

What is decentralized finance?
Decentralized finance (DeFi) refers to financial protocols that run on blockchain technology and are not controlled by a central authority.

What is insider trading?
Insider trading is the illegal practice of trading on privileged information that is not available to the public.

What is the Solidus Labs insider trading tracking tool?
The Solidus Labs insider trading tracking tool is a tool designed to identify insider trading in decentralized protocols. It provides increased transparency and accountability in decentralized finance.

AI-focused cryptos rise on Nvidia demand, and Shaq served with FTX lawsuit: CNBC Crypto World
AI-focused cryptos rise on Nvidia demand, and Shaq served with FTX lawsuit: CNBC Crypto World

Nvidia’s demand boosts AI-centered cryptocurrencies, while FTX brings legal action against Shaq: CNBC Crypto World

CNBC Crypto World brings you daily insights from the world of digital currency, covering the latest news and trading updates. The show presents a peek into the future of the crypto industry through high-profile interviews, explainers, and unique stories.

In this episode, Chen Arad from Solidus Labs talks about the firm’s new insider trading tracking tool for decentralized protocols. With the ever-changing crypto industry and its growing potential, the show provides viewers with an exclusive look at what’s ahead.

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