HashKey Group taps SlowMist for blockchain security and AML/CFT compliance
The partnership will also see SlowMist leveraging its deep understanding of various fields, combined with the research and unique insights of HashKey Group’s professional investment team, to study and explore the opportunities for these new technologies in development.
HashKey Group has partnered with SlowMist to enhance digital asset ecosystem security, anti-money laundering for digital assets, security technology research, and other technology fields, as part of its efforts to develop comprehensive security standards and solutions that will safeguard HashKey Group’s various business lines.
SlowMist offers a range of security solutions, including security audits, blockchain threat intelligence (BTI), defense deployment, as well as anti-money laundering (AML) and cryptocurrency tracking (MistTrack) services.
The firm’s SaaS security products include fake deposit vulnerability scanning, vulnerability monitoring (Vulpush), crypto hack archives (SlowMist Hacked), and smart contract firewall (FireWall.X).
SlowMist’s security covers hot assets, cold assets, and DeFi assets
SlowMist will provide HashKey Group with tailored security solutions from threat discovery to defense and help build HashKey Group’s most critical security gate to deal with various security issues encountered in their development journey.
The blockchain security firm caters to hundreds of clients in both centralized and decentralized platforms, including some of the biggest names within the industry. The firm has audited more than 1,500 well-known smart contracts, covering Ethereum, Ethereum Virtual Machine (EVM)-based blockchains, EOS, Fabric, Solana, Klaytn, Aptos, and other public blockchains, having discovered hundreds of high-risk and medium-risk vulnerabilities.
In addition, SlowMist will provide HashKey Group with security consulting services to solve the needs of the entire security system and security lifecycle for target projects. They will also provide HashKey Group with comprehensive asset security solutions for online hot assets, cold assets, and DeFi assets, effectively helping HashKey Group improve the security and stability of their assets.
Besides blockchain security, SlowMist will also provide HashKey with an AML/CFT compliance solution with two key products:
- MistTrack: focused on cryptocurrency flow, address monitoring, hacker profiles, investigation and freezing, among other aspects. Combining multidimensional malicious address data and comprehensive address subject label data, MistTrack detects problematic assets on the blockchain (KYT) for HashKey Group, effectively blocking money laundering activities in a timely manner. Currently, MistTrack supports eight chains, including Bitcoin, Ethereum, Binance Smart Chain, Avalanche, Tron, Polygon, IoTeX, and Arbitrum, and has served over 90 clients with a total of over $1 billion in recovered assets.
- Malicious Address Library: open-source data, blockchain honeypots, artificial intelligence, and information provided by customers and partners to extract reliable anti-money laundering data in real-time, including ransomware, stolen cryptocurrencies, Ponzi schemes, phishing, dark web markets, and sanctions entities. According to the needs of HashKey Group, it can be applied to different scenarios such as trading platforms, wallets, or other asset management platforms to block money laundering activities during asset transfer processes, effectively verify the source of HashKey Group’s verified assets, resist fraud, and ensure asset security and compliance.
The partnership will also see SlowMist leveraging its deep understanding of various fields, combined with the research and unique insights of HashKey Group’s professional investment team, to study and explore the opportunities for these new technologies in development. This will consolidate SlowMist’s position as a leader in top digital asset financial service groups.
