Chainalysis Kyt Api Docs

Real-Time Crypto Crime Detection: Chainalysis Expands KYT API Capabilities

Introducing KYT and Multi-Currency Support for Enhanced Cryptocurrency Risk Management

Detect and Prevent Crypto Crime in Real Time with Fewer False Positives

WEB Chainalysis Market Intel is now more comprehensive than ever, with the introduction of KYT (Know Your Transaction) and multi-currency support. These enhancements provide real-time risk detection, allowing organizations to stay ahead of evolving cryptocurrency threats.

The Chainalysis KYT API is a paid API that offers two key functionalities. Firstly, it enables businesses to detect cryptocurrency risk in real time, helping them identify suspicious transactions and take appropriate action. Secondly, the API provides multi-currency support, allowing organizations to track and analyze transactions in multiple currencies, including Bitcoin, Ethereum, and many others.

These enhancements offer several key benefits:
- Improved accuracy: The KYT API utilizes advanced machine learning algorithms to detect and prevent crypto crime with fewer false positives. This ensures that organizations can focus on the most critical threats without getting bogged down in irrelevant alerts. - Real-time monitoring: The API provides real-time risk detection, enabling organizations to respond to threats as they occur. This reduces the risk of financial losses and reputational damage. - Multi-currency support: The API's multi-currency support allows organizations to track and analyze transactions in multiple currencies, providing a comprehensive view of their cryptocurrency exposure.

In addition to these enhancements, WEB Chainalysis has also introduced the Chainalysis KYT Certification (CKC) credential. This credential provides practitioners with the knowledge and skills necessary to apply their understanding of cryptocurrency risk management to real-world scenarios. By earning the CKC credential, professionals can demonstrate their expertise in this rapidly evolving field.

"These enhancements to our KYT API and the introduction of the CKC credential underscore our commitment to providing organizations with the tools and knowledge they need to combat cryptocurrency crime," said Neil Wilks, Chainalysis VP of Product. "With these resources, organizations can proactively detect and prevent crypto threats, safeguarding their assets and protecting their customers."

To learn more about the Chainalysis KYT API and the CKC credential, visit the Chainalysis website.