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Chainalysis Restores Screening Services After Password Hash Exposure

(3 hours ago) · 1 source · Summarized by CryptoBipto

Blockchain analytics firm Chainalysis has begun restoring its screening services after disclosing that password hashes were exposed in a security incident. The company acknowledged the breach and is working to bring its compliance tools back online for clients.

WHY IT MATTERS

Chainalysis provides tools that help crypto exchanges and banks check whether transactions involve stolen funds, sanctioned entities, or other illegal activity — similar to how a bank might screen wire transfers.

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SOURCES

  • newsbtc.com

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