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Chainalysis partners with Sui Foundation to strengthen ecosystem security

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Credit : cryptonews.net

Blockchain analytics firm Chainalysis has partnered with the Sui Basis to enhance compliance and safety throughout the Sui ecosystem.

The partnership integrates Chainalysis’ intelligence capabilities with information from the Sui (SUI) Guardian program, enabling more practical monitoring of on-chain exercise and the identification of unlawful conduct.

By this partnership, Chainalysis clients, together with main cryptocurrency exchanges, will achieve deeper perception into Sui transactions. This may enhance danger assessments and strengthen the reliability of the Sui ecosystem, supporting compliance efforts for all members.

Chainalysis collaborates with @SuiNetwork! By leveraging the Sui Guardian program and our intelligence efforts, we are going to gather information to establish dangerous actors and convey extra confidence to the Sui ecosystem for exchanges and clients worldwide. Be taught extra: https://t.co/BPPaKxXPAs

— Chainalysis (@chainalysis) January 16, 2025

The partnership additionally underlines Chainalysis’ long-term dedication to the Sui community. The corporate plans to develop its help for Sui throughout its suite of compliance and investigation instruments, with the intention of offering extra sturdy options for monitoring and securing blockchain actions.

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Transparency in blockchain expertise

This collaboration aligns with the rising demand for transparency and belief in blockchain networks, because the Sui Basis continues to prioritize a safe setting for customers and builders within the ecosystem.

Chainalysis just lately acquired AI fraud detection startup Alterya for $150 million. Whereas Chainalysis has not disclosed any monetary particulars, Alterya’s AI system is designed to establish scammers earlier than they aim victims.

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The startup works with main gamers like Binance and Coinbase, screens greater than $8 billion in transactions and helps greater than 100 million customers.

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