Hacken, a cybersecurity ecosystem that ensures the safety of IT companies and digital environments, has announced they will implement Bitfury’s Crystal analytics tool for its CER project. The integration will help to verify cryptocurrency exchange wallet addresses.
The Crystal platform is an all-in-one blockchain analytics tool. It is designed for law enforcement and financial institutions, Crystal provides a comprehensive view of the public blockchain ecosystem and uses advanced analytics and data scraping to map suspicious transactions and related entities.
Whether it is tracking a bitcoin transaction to a real-world entity, determining relationships between known criminal actors, or surveying suspicious online behavior, Crystal can help move an investigation forward.
Engineered by the Bitfury Group, a full-service blockchain technology company, Crystal is distributed worldwide by Crystal Blockchain BV, headquartered in Amsterdam, the Netherlands.
The partnership between CER and Crystal
- Crystal will validate the authenticity of exchange wallets.
- Crystal will provide their exchange wallets’ base to support the CER project. A crypto exchange doesn’t have one hot and cold wallet, there are tens of thousands of them. Hacken aims to develop a large and comprehensive wallet database to provide CER users with up-to-date information on exchanges balances.
“Crystal’s mission is to make digital assets ecosystems compliant and safe for all transactors. By providing comprehensive blockchain analytics tools for Hacken’s public projects, we will join the experience of our companies and knowledge of our experts, delivering a new level of transparency and security to digital asset market.”