OKX Cracks Down on Scams with AI-Powered Fraud Detection Tool

OKX and Chainalysis expand partnership for proactive fraud prevention. Chainalysis Alterya helps OKX identify potential scams before they happen. EIP-7702 is used to detect anomalies, flagging suspicious transactions in real-time. Alterya's accuracy improves by 20% thanks to collaboration between the two companies. This integration aims to reduce financial losses due to successful scams on OKX.