How does Chainalysis track and analyze crypto hacks from July?

Karis marcel Fosso nanaMar 28, 2022 · 3 years ago1 answers

Can you explain the methods and techniques used by Chainalysis to track and analyze crypto hacks that occurred in July? How does Chainalysis gather data and what tools do they use to investigate these incidents?

Chainalysis

Crypto Hacks

Data Analysis

1 answers

Mar 28, 2022 · 3 years ago
As a leading blockchain analysis company, Chainalysis has developed sophisticated methods to track and analyze crypto hacks from July. They utilize a combination of blockchain forensics, data analysis, and machine learning to identify suspicious transactions and trace the flow of funds. Chainalysis has access to a vast amount of data from various sources, including exchanges, wallets, and public blockchain explorers. They employ advanced algorithms to analyze this data and detect patterns that may indicate hacking incidents. Additionally, Chainalysis works closely with law enforcement agencies and industry partners to gather additional information and collaborate on investigations. By leveraging their expertise and cutting-edge technology, Chainalysis is able to provide valuable insights into crypto hacks and help improve the security of the cryptocurrency ecosystem.