Chainalysis acquires AI fraud detection startup for $150M: Report
The advent of generative AI has made it easier for scammers to target crypto and other real-time payment systems.
Blockchain analytics firm Chainalysis has made its first foray into artificial intelligence by acquiring a fraud detection startup.
According to a Jan. 13 report by Business Insider, Chainalysis purchased Alterya, a tech startup that uses AI agents to detect fraud, for a reported $150 million.
The news was confirmed by Chainalysis in a separate blog post, but the financial details were not disclosed.
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Author: Sam Bourgi
