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Chainalysis, the blockchain analytics firm, has announced its acquisition of Alterya, a firm that harnesses artificial intelligence (AI) to combat fraud. Blockchain Analytics Firm Chainalysis Acquires Fraud Detection Startup Alterya Alterya, positioning itself as a preemptive scam detector, claims expertise in thwarting fraudsters before they target their victims. Its clientele reportedly includes major players such … Read more
The advent of generative AI has made it easier for scammers to target crypto and other real-time payment systems. Go to Source
Blockchain surveillance firm Chainalysis has acquired Hexagate, a Web3 security company focused on the real-time identification and mitigation of blockchain threats, marking a pivotal advancement in blockchain security infrastructure. Chainalysis Expands with Hexagate Acquisition for Real-Time Threat Detection Hexagate reportedly utilizes machine learning to spot dubious activities across blockchain networks, enabling the thwarting of cyberattacks … Read more
Hackers connected to the reclusive nation whose entities are often targeted by US sanctions reportedly doubled the amount of crypto they stole in 2023. Go to Source
The buyout marks a pivot toward threat prevention for Chainalysis. Go to Source
“As CEO, I look forward to continuing to deliver cutting edge data, investigations, and risk solutions to our customers while also pursuing new market opportunities,” Levin said. Former Chainalysis Chief Strategy Officer Jonathan Levin Takes the Reins as CEO Blockchain data analysis firm Chainalysis has appointed Co-founder and former Chief Strategy Officer Jonathan Levin as … Read more
The company’s former chief strategy officer, Jonathan Levin, assumed the role of CEO and offered his thoughts to Cointelegraph on the future of the industry. Go to Source
India’s crypto community has shown resilience to harsh taxation requirements, with its crypto ecosystem gaining momentum, although not at its full potential. Go to Source
Crypto and DeFi fraud schemes have a lot in common with loan schemes and market manipulation in 1980 and the dot com era, AlixPartners’ David White observed. Go to Source
Cryptocurrency is increasingly integrated into the mainstream as North America continues to lead the global crypto market, receiving $1.3 trillion in onchain value between July 2023 and June 2024, according to Chainalysis. Institutional giants like Goldman Sachs and Blackrock are now taking serious positions in the crypto space, with U.S. bitcoin exchange-traded products (ETPs) driving … Read more