CertiK, a leading provider of Web3 smart contract and blockchain security solutions, has just announced the launch of SkyInsightsTM, a groundbreaking platform aimed at revolutionizing crypto compliance and risk management. With the ever-increasing regulatory scrutiny in the crypto space, SkyInsightsTM arrives as a timely and essential tool for Web3 firms and stakeholders seeking to navigate the complex landscape of crypto compliance.
CertiK, a pioneer in blockchain security, has leveraged its vast databases, rich with real-time data, to create SkyInsightsTM. This platform boasts a comprehensive view of transaction and counterparty risk, enriched with data from over two billion wallet addresses and smart contract labels across more than 150 diverse categories. The wealth of data at CertiK’s disposal is the result of years of collecting critical information, tagging wallets, identifying security incidents, and providing real-time alerts, predating the widespread adoption of terms like “DeFi.”
Revolutionizing Crypto Compliance and Risk Management
SkyInsightsTM offers unparalleled wallet screening capabilities, allowing users to “know your transaction” better than ever before. It seamlessly integrates with CertiK’s suite of security services, reaffirming CertiK’s commitment to end-to-end security. One of the notable early adopters of SkyInsightsTM is BitMart, a cryptocurrency trading platform. This collaboration marks a significant step towards enhancing transparency and trust in the crypto trading ecosystem.
BitMart and CertiK have ambitious plans for their partnership, including the advancement of technology standards for Freeze Asset Requests (FAQ), data labeling standards, and standardizing information exchange processes. These initiatives aim to improve data accuracy and coverage, ultimately promoting the security and healthy development of the Web3 industry.
Jason Cao, Chief Operating Officer at CertiK, emphasized the platform’s significance: “The introduction of SkyInsightsTM reaffirms CertiK’s dedication to setting industry benchmarks around security in Web3. With this powerful crypto risk management and compliance tool, we’re not just reacting to the industry’s needs but proactively securing the future of Web3.”
Since 2022, CertiK has detected over 1,100 security incidents involving a total loss of $4.8 billion. The company’s suite of SaaS security products actively 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 nearly 70,000 vulnerabilities in blockchain code, and safeguarded digital assets valued at nearly $370 billion.
CertiK combines expert manual review with cutting-edge AI technology to protect and monitor blockchain protocols and smart contracts. The company has worked with nearly 4,000 enterprise clients, secured over $360 billion worth of digital assets, and identified almost 70,000 vulnerabilities in blockchain code. Their clients include prominent projects such as Aptos, Ripple, Sandbox, Polygon, BNB Chain, and TON. CertiK is backed by a roster of prestigious investors, including Insight Partners, Sequoia, Tiger Global, and Coinbase Ventures, among others.
In an ever-evolving crypto landscape, CertiK’s commitment to security and compliance shines brightly through SkyInsightsTM, offering a beacon of assurance for Web3 businesses as they navigate the complexities of the digital frontier. SkyInsightsTM represents CertiK’s vision for a more secure and transparent Web3 world. It empowers Web3 ventures to focus on their core operations, confident that their compliance needs are met.
