How KYT Detects NFT Wash Trading and Market Manipulation
As NFTs continue to evolve beyond art into gaming, real estate, ticketing, and brand engagement, regulators and business leaders alike are paying closer attention to fraudulent activities—especially wash trading and market manipulation. These practices distort market data, inflate token value, and create reputational and compliance risks for businesses entering the Web3 space. To mitigate this, […]
How KYT Enhances Trust and Transparency in Crypto Transactions
In traditional finance, banks and financial institutions monitor both transactions and customer identities to detect suspicious activity and comply with regulatory frameworks such as Anti-Money Laundering (AML) and Know Your Customer (KYC) laws. These institutions verify identities, track fund movements, and flag unusual patterns that could indicate fraud or illicit activities. However, in the decentralized […]
Understanding KYT: A Key Tool for Fraud Prevention and Compliance in Web3 and Blockchain
Can your business afford to ignore Know Your Transactions (KYT) in Web3? In 2024, over $1 billion was lost to crypto scams like phishing and contract hacks. This shows how risky it is to operate in the Web3 space. KYT (Know Your Transactions) can help protect your business by monitoring blockchain transactions in real-time. Unlike […]
What’s the Difference Between KYC and KYT in Crypto Compliance?
As the cryptocurrency market grows, regulatory compliance has become increasingly critical for both businesses and users. Two terms often encountered in the realm of crypto compliance are KYC (Know Your Customer) and KYT (Know Your Transaction). While both processes aim to enhance security and prevent illicit activity, they serve distinct functions. Understanding the difference between […]
How Does KYT Prevent Financial Fraud?
As cryptocurrency adoption grows, so does the risk of financial fraud, including money laundering, illicit transactions, and market manipulation. Know Your Transaction (KYT) solutions provide real-time monitoring of blockchain transactions, helping businesses detect suspicious activities and maintain regulatory compliance. Unlike traditional Know Your Customer (KYC) procedures that focus on verifying identities, KYT continuously analyzes transaction […]
KYT Compliance for Crypto: Staying Ahead
The Compliance Shift in Digital Assets As tokenized real-world assets (RWAs) attract billions in institutional interest, regulators are intensifying scrutiny—not just of who owns assets, but how those assets behave on-chain. Recent enforcement actions and new frameworks in jurisdictions like the UAE, EU, and Singapore underscore a shift: after-the-fact AML checks are no longer enough. […]
Know-Your-Transaction (KYT) Procedures: A New Standard for Crypto Compliance
In the early days of crypto, most compliance programs focused heavily on Know Your Customer (KYC)—verifying the identity of users before they could transact. But as crypto adoption grows and regulators raise the bar for anti-money laundering (AML) compliance, it’s no longer enough to know who your users are. You also need to know what […]
What Does KYT in Crypto Mean?
As the crypto ecosystem matures, regulatory expectations have evolved beyond just knowing who is using your platform. Now, it’s equally critical to understand how funds are moving. This is where KYT in crypto becomes important. Defining KYT KYT is a foundational part of crypto compliance that focuses on the ongoing, often real-time monitoring of blockchain […]
Bybit $1.5 Billion Hack: How KYT Analytics Can Help Recover Stolen Funds
All You Need to Know About Bybit’s Hacking Incident On February 21, 2025, Bybit, one of the world’s largest cryptocurrency exchanges, suffered a significant security breach during a cold-to-warm wallet transfer. The attack exploited a vulnerability in custody operations, allowing hackers to drain 401,000 ETH (valued at approximately $1.5 billion). This theft triggered a 4% […]
