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Chainalysis Acquires Hexagate to Combat Crypto Theft

  • Blockchain data platform Chainalysis acquires Hexagate, a security provider to companies like Coinbase and Consensys.
  • Chainalysis aims to expand beyond investigations into prevention to combat crypto theft.
  • Hexagate offers monitoring, mitigation, forensics, and compliance services, detecting known hacks and preventing them.
  • Crypto thefts and scams have been increasing, and Chainalysis intends to leverage Hexagate's expertise to enhance security in the crypto industry.

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