Chainalysis Acquires Hexagate to Combat Crypto Theft
Blockchain data platform Chainalysis has acquired Hexagate, security provider to companies like Coinbase and Consensys.
“I have long believed that in order to advance the Chainalysis mission to build trust in blockchains, we would need to expand our business beyond investigations and into prevention,” Johathan Levin, the company’s CEO, wrote in a Wednesday (Dec. 18) announcement.
“For the past several years, we’ve seen billions of dollars’ worth of crypto stolen each year — often by actors linked to rogue nations and other national security threats. Thefts of this magnitude can leave victims with no choice but to shut down their crypto projects, investors wary of investing in blockchain initiatives, and bad…