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Chainalysis partners with the Smart Contract Security Alliance

May 13, 2020

However, recent exploits of Defi protocols bZx and dForce, which leveraged weaknesses in the protocol’s respective smart contracts, demonstrate the …

Chainalysis is a New York-based organization that provides blockchain data and analysis to government agencies, law enforcement agencies, regulators, crypto exchanges, and financial institutions in more than 45 countries around the world.


Founded by Jan Moller, Jonathan Levin, and Michael Gronager in 2014, Chainalysis markets itself as the world’s most comprehensive cryptocurrency investigation and transaction monitoring solution. The company provides compliance and investigation tools, as well as education and support to help its clients understand what’s happening on blockchains.

Chainalysis recently announced a new partnership with the Smart Contract Security Alliance (SCSA) to help businesses further understand the risks and opportunities in the cryptocurrency market. The announcement was avilable to BNC Pro users when it was released.

Jason Bonds, the Chief Revenue Officer at Chainalysis said, “Chainalysis exists to build trust in blockchains, and one of our strategies to do that is to demonstrate their transparency by offering insights into cryptocurrency activity. We are excited to join the SCSA to further generate awareness of cryptocurrency’s use and misuse.”

San Francisco based blockchain security firm Quantstamp initiated the SCSA in 2019. Quantstamp CEO Richard Ma said, “We are trying to build the standards. Over time, more companies will join the SCSA and provide part of their codes and policies, to be open-sourced, and be considered best practice. The SCSA will make it easy for people to find and use these resources, helping new projects innovate further. Adding insights on cryptocurrency crime from the leading blockchain analysis company is a welcome addition to SCSA’s deep blockchain security expertise.”

The first three Intelligence Briefs cover:

  1. A bullet-proof hosting service that received Bitcoin from a cryptocurrency address connected to North Korea-led cryptocurrency exchange hacks
  2. A Ponzi scheme with its own infrastructure of purpose-built shell companies to facilitate cryptocurrency payments to and from victims
  3. An Iranian cryptocurrency exchange with connections to both international exchanges and OFAC sanctioned addresses implicated in the SamSam ransomware investigation


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