Collaboratively, Chainalysis, a company specializing in blockchain analysis, joins forces with the Sui Foundation to bolster compliance and security standards across the Sui network.
The partnership combines Chainalysis’s intelligent functions with information from the Sui Guardian Program, enhancing the ability to closely watch on-chain actions and spot suspicious activities.
By means of this collaboration, Chainalysis users, which include prominent cryptocurrency trading platforms, will be able to delve deeper into the transactions within the Sui network. This additional knowledge will improve risk evaluations and strengthen the credibility of the Sui ecosystem, aiding in compliance for everyone involved.
Chainalysis partners up with SuiNetwork! By making use of the Sui Guardian program and bolstering our intelligence initiatives, we will gather data to spot malicious users and enhance trust in the Sui platform for both global exchanges and their clients. Discover more here: [Link]
— Chainalysis (@chainalysis) January 16, 2025
This collaboration further emphasizes Chainalysis’s dedication towards the Sui Network over the long haul. They intend to enhance their assistance for Sui throughout their range of compliance and investigative tools, with the goal of providing stronger solutions for tracking and safeguarding blockchain transactions.
Transparency in blockchain tech
In line with the rising need for openness and credibility within blockchain systems, the Sui Foundation is committed to maintaining a safe and reliable platform suitable for both users and developers within its network.
Recently, Chainalysis has purchased the AI fraud detection company, Alterya, for a sum of $150 million without revealing exact financial details. However, it’s known that Alterya’s AI technology is capable of spotting potential scammers before they can approach their victims.
The company works together with industry giants such as Binance and Coinbase, keeping track of approximately $8 billion worth of transactions and providing service to over 100 million users.
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2025-01-16 22:26