Latest news with #SolidusLabs
News.com.au
13-06-2025
- Business
- News.com.au
How Trump's new crypto bill could affect stablecoins and the dollar
A new bill making its way through Congress aims to regulate stablecoins, most of which are pegged to the U.S. dollar. Should the bill become law, Solidus Labs' Chen Arad explores the implications for the stablecoin industry and the greenback.
CNBC
22-05-2025
- Business
- CNBC
Bitcoin surges to new record high above $111,000: CNBC Crypto World
On today's episode of CNBC Crypto World, bitcoin continues its rally, hitting a brand new record. Plus, President Trump gears up to host a private dinner for the biggest buyers of his meme coin amid concerns from Democrats over potential conflicts of interest. Plus, Chen Arad of Solidus Labs discusses advancements for crypto legislation in the United States.
Business Upturn
22-05-2025
- Business
- Business Upturn
Solidus Labs Unveils Agentic-Based Compliance: A New Model for Trade Surveillance Operations
By Business Wire Published on May 22, 2025, 17:38 IST New York, United States: Solidus Labs , the category-definer in trade surveillance and risk monitoring for digital and traditional asset classes, today announced the launch of Agentic-Based Compliance, a groundbreaking model for surveillance operations that leverages a network of AI agents to deliver exponential efficiency, precision, and intelligence across the entire trade surveillance and transaction monitoring investigation lifecycle. Legacy compliance solutions have failed to keep up with the rapid modernization and growing complexity of global markets. Compliance teams are forced to work with a patchwork of disconnected and expensive tools that fail to deliver results efficiently. According to McKinsey , compliance analysts spend 80% of their time on low or moderate-risk issues, often repetitively resolving false positives or performing menial work. This inefficiency extends to market abuse detection: Despite the enormous resources and efforts invested in compliance technology, firms continue to face enforcement actions for missed manipulation. Research shows that market abuse like insider trading occurs in 20% of mergers and acquisitions and 5% of quarterly earnings announcements in U.S. markets. More broadly, only 4% of Suspicious Activity Reports (SARs) lead to law enforcement investigations. This isn't a failure of effort – it's a failure of architecture. Built on Solidus' proprietary platform, HALO, Agentic-Based Compliance reimagines how financial institutions detect, investigate, and resolve market abuse risks. It replaces legacy systems and siloed workflows with a unified, intelligence-led architecture powered by autonomous AI agents that augment human analysts and operate across a multi-dimensional risk environment. 'Agentic-Based Compliance is the only way compliance teams can stay ahead of emerging complexities like 24/7 off-platform trading, enhanced retail participation and the heightened risks they carry for cyber-enhanced financial crimes and cross-product and cross-market manipulation,' said Asaf Meir, Founder and Chief Executive of Solidus Labs. 'Our vision is simple: Compliance operations should be as scalable, intelligent, and efficient as the markets they're designed to protect. Solidus' Agentic-Based Compliance delivers just that, solving for tech sprawl, alert fatigue, talent shortage and surveillance blind spots that cost firms thousands of hours and can reach billions of dollars in losses and fines.' HALO embeds a fleet of purpose-built AI agents, each designed to streamline a specific stage of the compliance investigation lifecycle — from signal enrichment and alert remediation to model testing, OSINT intelligence feeds, case management, and regulatory reporting. Born in crypto's highly fragmented and complex environment, Solidus' Agentic-Based Compliance is future-proof by design for all asset classes, leading to 20X faster investigations and saving compliance analysts as much as 5 hours of menial work per day. Like all Solidus Labs' solutions, it was developed in tandem with regulatory feedback – aligning with the current and evolving demands of modern financial markets, including the imperatives of market abuse regulations in the U.S., EU, and other leading jurisdictions. Poised to power the next generation of surveillance operations, Solidus' Agentic-Based Compliance is already gaining traction among forward-looking financial firms seeking to modernize their compliance capabilities and reduce operational strain. To learn more, visit . About Solidus Labs Solidus Labs is the category-definer for Agentic-Based Compliance in trade surveillance and risk monitoring. Founded in 2018 by Goldman Sachs veterans, the company merges Wall Street rigor, crypto-native innovation, and cybersecurity principles to reinvent compliance for the modern financial era. At the core is HALO, an AI-powered risk-based platform trusted by financial institutions, crypto firms, and regulators globally to drive proactive, intelligence-led oversight — across any product, venue, or asset class. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same. Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences.
National Post
22-05-2025
- Business
- National Post
Solidus Labs Unveils Agentic-Based Compliance: A New Model for Trade Surveillance Operations
Article content NEW YORK — Solidus Labs, the category-definer in trade surveillance and risk monitoring for digital and traditional asset classes, today announced the launch of Agentic-Based Compliance, a groundbreaking model for surveillance operations that leverages a network of AI agents to deliver exponential efficiency, precision, and intelligence across the entire trade surveillance and transaction monitoring investigation lifecycle. Article content Article content Legacy compliance solutions have failed to keep up with the rapid modernization and growing complexity of global markets. Compliance teams are forced to work with a patchwork of disconnected and expensive tools that fail to deliver results efficiently. According to McKinsey, compliance analysts spend 80% of their time on low or moderate-risk issues, often repetitively resolving false positives or performing menial work. This inefficiency extends to market abuse detection: Despite the enormous resources and efforts invested in compliance technology, firms continue to face enforcement actions for missed manipulation. Research shows that market abuse like insider trading occurs in 20% of mergers and acquisitions and 5% of quarterly earnings announcements in U.S. markets. More broadly, only 4% of Suspicious Activity Reports (SARs) lead to law enforcement investigations. This isn't a failure of effort – it's a failure of architecture. Article content Built on Solidus' proprietary platform, HALO, Agentic-Based Compliance reimagines how financial institutions detect, investigate, and resolve market abuse risks. It replaces legacy systems and siloed workflows with a unified, intelligence-led architecture powered by autonomous AI agents that augment human analysts and operate across a multi-dimensional risk environment. Article content 'Agentic-Based Compliance is the only way compliance teams can stay ahead of emerging complexities like 24/7 off-platform trading, enhanced retail participation and the heightened risks they carry for cyber-enhanced financial crimes and cross-product and cross-market manipulation,' said Asaf Meir, Founder and Chief Executive of Solidus Labs. 'Our vision is simple: Compliance operations should be as scalable, intelligent, and efficient as the markets they're designed to protect. Solidus' Agentic-Based Compliance delivers just that, solving for tech sprawl, alert fatigue, talent shortage and surveillance blind spots that cost firms thousands of hours and can reach billions of dollars in losses and fines.' Article content HALO embeds a fleet of purpose-built AI agents, each designed to streamline a specific stage of the compliance investigation lifecycle — from signal enrichment and alert remediation to model testing, OSINT intelligence feeds, case management, and regulatory reporting. Article content Born in crypto's highly fragmented and complex environment, Solidus' Agentic-Based Compliance is future-proof by design for all asset classes, leading to 20X faster investigations and saving compliance analysts as much as 5 hours of menial work per day. Like all Solidus Labs' solutions, it was developed in tandem with regulatory feedback – aligning with the current and evolving demands of modern financial markets, including the imperatives of market abuse regulations in the U.S., EU, and other leading jurisdictions. Article content Poised to power the next generation of surveillance operations, Solidus' Agentic-Based Compliance is already gaining traction among forward-looking financial firms seeking to modernize their compliance capabilities and reduce operational strain. Article content Solidus Labs is the category-definer for Agentic-Based Compliance in trade surveillance and risk monitoring. Founded in 2018 by Goldman Sachs veterans, the company merges Wall Street rigor, crypto-native innovation, and cybersecurity principles to reinvent compliance for the modern financial era. At the core is HALO, an AI-powered risk-based platform trusted by financial institutions, crypto firms, and regulators globally to drive proactive, intelligence-led oversight — across any product, venue, or asset class. Article content Article content Article content Contacts Article content Article content Article content
Yahoo
08-05-2025
- Business
- Yahoo
98% of Tokens on Pump.Fun Have Been Rug Pulls or an Act of Fraud, New Report Says
A report by Solidus Labs has revealed the alarming scale of fraudulent activity on the Solana blockchain, with 98.6% of tokens launched on being chalked down as rug pulls or pump-and-dump schemes. More than seven million tokens have been issued on since its inception in January 2024, with just 97,000 of those maintaining at least $1,000 in liquidity, the report added. is a token creation platform that lets users issue new crypto tokens on the Solana blockchain at a very low cost. The largest rug pull Solidus Labs identified over the time period was worth $1.9 million and was related to MToken. Whilst the crypto industry has progressed and moved on following the spectacular implosion of FTX, hacks and scams are still rife with bad actors embezzling millions of dollars worth of assets by capitalizing on retail greed. The memecoin sector is the greatest example of that, with 10s of thousands of bogus tokens being created every day. The hype around memecoin reached a crescendo in January when U.S. President Donal Trump touted his own TRUMP memecoin on social media. Shortly after the U.S. First Lady Melania Trump promoted MELANIA, both tokens are now down by 87% and 97% respectively, with a cabal of insiders reportedly profiting more than $100 million by buying the token before it was publicly available. Meanwhile, on decentralized exchange Raydium, Solidus Labs found that 93% of liquidity pools (361,000 pools) exhibited soft rug pull characteristics, with the median rug pulls worth $2.8K. In February, a Merkle Science report revealed that $500 million had been lost to rug pulls and scams in 2024. Solana has emerged as a popular blockchain among criminals and scammers. Its near-zero fees and instant execution make it easy to deploy tokens and extract value. Regulators are keeping a watchful eye over the sector. In March, the SEC set up a Cyber and Emerging Technologies unit designed to 'root out those seeking to misuse innovation to harm investors and diminish confidence in new technologies.' The regulator filed a class action lawsuit against Meteora in April, naming individuals associated with the M3M3 meme coin, alleging that they were responsible for a $69 million rug pull.
