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Crypto Security Leaders Unite to Tackle Industry Fraud

Crypto Security Leaders Unite to Tackle Industry Fraud

Halborn, a specialist in crypto security and Chainalysis have partnered to offer clients the tools and knowledge needed to prevent and recover from fraud in the industry.

The partnership consists of seven phases aimed at helping Web3 companies at any stage to prevent and respond to security threats.

The crypto industry has been on edge due to scams, frauds, and crimes, particularly in recent weeks, as the SEC and CFTC continue their offensives against major crypto players with US ties.

The partnership aims to combine preventive and proactive measures to develop preventative solutions. Halborn has a team of about 100 employees, referred to as “white hat hackers,” to keep the ecosystem safe and secure.

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The partnership’s seven sequential phases are outlined in an image, with Halborn executing phases one to five and Chainalysis taking on the remaining two: fraud prevention and ongoing monitoring.

The partnership prioritizes the detection of high-risk activities to prevent fraudulent transactions.

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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