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Chainalysis Strengthens Crypto Security with Alterya Buyout
Jan 14, 2025
< 1 min read
by Peter Mwangi
for CoinEdition
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- Chainalysis acquires Alterya to enhance fraud detection with AI in crypto and finance.
- Alterya’s AI technology helps detect fraud across digital platforms, beyond blockchain.
- The acquisition extends Chainalysis’ fraud prevention to traditional financial systems.
Blockchain analytics giant Chainalysis has acquired Israeli startup Alterya for $150 million. This strategic move aims to enhance Chainalysis’s fraud detection capabilities using artificial intelligence (AI).
Alterya has developed AI technology to detect and prevent fraud in the crypto sector. The company has gained recognition for its success in combating malicious activity targeting financial institutions and crypto service providers.
This technology effectively detects malicious digital identities and scam websites across various digital platforms, incl…
The post Chainalysis Strengthens Crypto Security with Alterya Buyout appeared first on Coin Edition.
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