Blockchain

Chainalysis partners with Sui Foundation to strengthen ecosystem security

Blockchain analytics agency Chainalysis has partnered with the Sui Basis to boost compliance and safety inside the Sui ecosystem.

The collaboration integrates Chainalysis’s intelligence capabilities with knowledge from the Sui (SUI) Guardian program, enabling more practical monitoring of on-chain exercise and the identification of illicit habits.

By way of this partnership, Chainalysis clients, together with main cryptocurrency exchanges, will achieve deeper insights into Sui transactions. It will improve danger assessments and bolster the trustworthiness of the Sui ecosystem, supporting compliance efforts for all contributors.

Chainalysis is collaborating with @SuiNetwork! Leveraging the Sui Guardian program and our intelligence efforts, we’ll ingest knowledge to determine dangerous actors and convey extra belief to the Sui ecosystem for exchanges and clients globally. Study extra: https://t.co/BPPaKxXPAs

— Chainalysis (@chainalysis) January 16, 2025

The partnership additionally underscores Chainalysis’s long-term dedication to the Sui Community. The corporate plans to increase its assist for Sui throughout its suite of compliance and investigation instruments, aiming to ship extra strong options for monitoring and securing blockchain exercise.

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Transparency in blockchain tech

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 not too long ago acquired AI fraud detection startup Alterya for $150 million. Though Chainalysis didn’t disclose monetary specifics, Alterya’s AI system is designed to determine scammers earlier than they aim victims.

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The startup collaborates with main gamers like Binance and Coinbase, monitoring over $8 billion in transactions and supporting greater than 100 million customers.

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