Crypto News– CertiK, a renowned provider of blockchain security solutions for Web3 smart contracts, has unveiled its groundbreaking SkyInsightsTM platform, which aims to redefine the landscape of crypto compliance and risk management. In an era of increasing regulatory scrutiny within the cryptocurrency sphere, SkyInsightsTM emerges as a vital and timely tool for Web3 companies and stakeholders navigating the complex realm of crypto compliance.
With its deep expertise in blockchain security, CertiK has harnessed its extensive real-time data repositories to develop SkyInsightsTM.
CertiK SkyInsightsTM Debut Sets a Higher Bar for Crypto Regulatory Compliance
This platform offers a holistic perspective on transaction and counterparty risk, enriched by data from over two billion wallet addresses and smart contract categories spanning more than 150 diverse sectors. The wealth of data that CertiK has amassed over the years, including wallet tagging, security incident identification, and real-time alerts, significantly predates the widespread adoption of terms like “DeFi.”
SkyInsightsTM delivers unmatched wallet screening capabilities, enabling users to gain a deeper understanding of their transactions. It seamlessly integrates with CertiK SkyInsightsTM Debut Sets a Higher Bar for Crypto Regulatory Compliance suite of security services, reaffirming CertiK’s unwavering commitment to end-to-end security. BitMart, a cryptocurrency trading platform, is one of the notable early adopters of SkyInsightsTM, marking a significant milestone in enhancing transparency and trust within the crypto trading ecosystem.
BitMart and CertiK have ambitious plans for their partnership, including the advancement of Freeze Asset Request (FAQ) technology standards, data labeling standards, and standardization of information exchange processes. These initiatives are designed to enhance data accuracy and coverage, ultimately fostering the security and robust growth of the Web3 industry.
Jason Cao, Chief Operating Officer at CertiK, underscores the platform’s significance: “The introduction of SkyInsights reaffirms CertiK’s commitment to setting industry standards for security within Web3. With this powerful crypto risk management and compliance tool, we are not merely responding to industry needs; we are actively securing the future of Web3.”
Since 2022, CertiK has detected and addressed more than 1,100 security incidents involving a total loss of $4.8 billion. The company’s suite of SaaS security products diligently monitors and tracks over two billion wallets and smart contract addresses, providing real-time, comprehensive assessments of security trends for nearly 12,000 projects. CertiK has audited over 4,100 Web 3.0 projects, identified almost 70,000 vulnerabilities in blockchain code, and safeguarded digital assets valued at nearly $370 billion.