Nexo has unveiled an advanced Anti-Scam Engine to combat the rising tide of cryptocurrency fraud. This innovative security system operates continuously in the background, analyzing transactions across multiple blockchain networks to protect users from sophisticated scam attempts. The system represents a significant advancement in crypto security, offering real-time protection without compromising user experience.
Smarter protection, helping you build wealth with confidence and control.
— Nexo (@Nexo) September 29, 2025
Live across @ethereum, @Optimism, @BNBCHAIN, @0xPolygon, @arbitrum, @avax, @base with Bitcoin, Solana, Tron, XRP, and more planned in a phased rollout.
Read more. ⤵️https://t.co/rWsLbacjXi
Smart Protection Across Multiple Chains
The new security engine currently monitors transactions across seven major blockchain networks, including Ethereum, Optimism, BNB Chain, Polygon, Arbitrum, Avalanche, and Base. The system employs intelligent threat feeds and behavioral analysis to identify suspicious patterns. Moreover, Nexo plans to expand this coverage to include Bitcoin, Solana, Tron, and XRP in future updates. This comprehensive approach ensures users receive protection across a wide spectrum of digital asset transactions.
Addressing the $9.9 Billion Crypto Scam Challenge
According to recent data from Chainalysis, crypto scams resulted in losses exceeding $9.9 billion in 2024. The Anti-Scam Engine specifically targets sophisticated fraud schemes, including pig butchering scams, where criminals manipulate victims over extended periods. The system intervenes when it detects patterns associated with known scam behaviors, such as unusual fund routing or transfers to blacklisted addresses. This proactive approach helps prevent losses before they occur.
Building Trust Through Intelligent Security
Nexo’s Chief Product Officer, Elitsa Taskova, emphasizes that effective security should remain invisible until needed. The platform handles this balance by implementing risk-based analysis that only activates when genuine threats emerge. Since its founding in 2018, Nexo has processed $371 billion in transactions and maintains over $11 billion in assets under management. The new Anti-Scam Engine builds upon this foundation, adding another layer of protection for users across 150+ jurisdictions.
The Future of Crypto Protection
The launch of this security system marks an important milestone in cryptocurrency safety standards. As digital assets continue to gain mainstream adoption, robust security measures become increasingly crucial. Nexo’s approach demonstrates how platforms can integrate advanced protection mechanisms without creating friction in regular transactions.
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