X21 Digital and Lossless
X21 Digital is honored to introduced Lossless as one of our newly added partners into our investment portfolio. It is our honor to joined forces with Lossless in its vision to detect fraud, freezing and reversing stolen funds, and contributing to the growth and innovation within the DeFi ecosystem. We keep our promise to deliver prime strategic guidance and recommendations to our clients for a steadfast road to their success.
Lossless protocol is the first tool that monitors and detects hacks to help affected entities retrieve their stolen funds. At its core, this protocol is a piece of code that token creators insert into their tokens. This empowers Lossless to freeze any fraudulent transaction based on a set of fraud identification parameters.
As more countries and major companies start to accept Bitcoin and Ethereum as a form of payment worldwide, the emergence of the DeFi markets is rising this year alone. The total value locked in DeFi protocols has grown from 16 billion to a staggering 40 Billion in (TVL) total value locked.
This year alone, 3.8 billion was stolen in hacks and exploits associated with the DeFi ecosystem. Lossless protocol could have helped prevent some of these hacks within the DeFi ecosystem. Lossless truly brings a unique approach to mitigate hacks and exploits within the cybersecurity space.
About Lossless Protocol
The Lossless protocol introduces a unique and innovative way in the cybersecurity sector. This protocol is designed to tackle hacks, exploits, and social engineering.
About X21 Digital
X21 Digital is a Blockchain advisory and Investment firm dedicated to helping blockchain startups accelerate their growth and exposure in the industry.
To date, X21 Digital has invested and advised several companies and projects with optimal strategic advice and guidance to build their path to success.
Useful Links
21 Digital
Website: https://x21digital.com/
Twitter: https://twitter.com/X21_Digital
Lossless Protocol
Website: https://lossless.cash/index.html
Twitter: https://twitter.com/losslessdefi
Telegram: https://t.me/losslesscash
Medium: https://losslesscash.medium.com/
