CertiK, a blockchain and smart contract security firm, has released SkyInsights, a tool to address the needs of crypto compliance and risk management in the Web3 industry. SkyInsights provides enriched risk insights, involving more than two billion wallet addresses and smart contract labels across over 150 diverse categories. It also offers wallet screening capabilities and transaction monitoring software to flag potential issues and provide remediation insights. BitMart, a cryptocurrency trading platform, is the first adopter of SkyInsights and plans to utilize the platform’s risk and compliance management system. The two companies also plan to explore technological advancements for Freeze Asset Requests, data labeling standards, and information exchange processes. Since 2022, CertiK has reportedly detected over 1,100 security incidents involving a total loss of $4.8 billion. The company’s suite of security products has been monitoring over two billion wallets and smart contract addresses and has assessed security trends for nearly 12,000 projects.

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Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	9
People	None
Companies	information exchange processes, data labeling standards, CertiK, Freeze Asset Requests, BitMart
Currencies	None
Securities	None