Recovering tens of billions of assets, how does SkyEye Pro protect your chain security?

On June 7, U.S. Justice Department officials announced the recovery of 63.7 Bitcoins paid to hackers. Earlier, Colonial Pipeline, an American oil and gas Pipeline operator, was hacked and forced to pay a ransom of 75 bitcoins, about $4.4 million at the time.

The hacking group behind the attack, called Darkside, was found to have targeted at least 90 US businesses, including manufacturers and healthcare providers, in more than 100 extortion cases tracked by the FBI, the FBI said. Ransomware attacks have increased in number and severity, and most payments have not been recovered.

As trading in crypto assets has become more active, on-chain illegal activity using cryptocurrencies as a means of payment has become increasingly rampant. In 2020, cryptocurrency-related crimes totalled $1.9 billion globally, with $516 million in theft, according to data. In the field of on-chain security, there are major challenges.

Thankfully, this area has not gone unattended. In the overseas market, several companies have emerged, such as Chainalysis, CipherTrace, Elliptic, etc. Chainalysis has become the absolute leader in the overseas market due to its strong technical ability and rich product matrix.

On-chain security is highly valued overseas products Chainalysis break through

On-chain analytics tools can give law enforcement an insight into ill-gotten proceeds, not just by locating wallet addresses, but by monitoring transactions, identifying crimes, and making it easier for law enforcement officers to understand the means of criminal activity.

For example, Chainalysis's rich product matrix can cover all on-chain activities, including investigation, detection, and early warning functions. Chainalysis Reactor can track on-chain fund flows, and its address tag can link on-chain activities in the real world to those in the crypto world in order to track and investigate the flow of illegal assets. Chainalysis KYT, on the other hand, provides comprehensive monitoring and monitoring capabilities, as well as alerts for risky transactions. Chainalysis Kryptos provides institutional users with a complete picture of cryptocurrencies based on KYC details and the industry's most trusted blockchain data. Chainalysis Data is a big Data analytics platform that covers multiple cryptocurrencies and aggregates hundreds of millions of wallet addresses.

According to public filings, Chainalysis has received $10 million in orders from more than a dozen government agencies, including Wyoming bank regulators, the Department of Law Enforcement, the Internal Revenue Service, the Immigration and Immigration Service, and the FBI.

For an overseas product, Chainalysis is good enough. But there is still a need for more local Chinese tools in domestic practice. Orco's on-chain SkyEye Pro is one of the best, just as good as Chainalysis, while adding more localized design.

As one of the earliest blockchain enterprises in China, Oke Cloud Chain has been a browser of BTC, ETH, BCH, LTC, DASH, USDT, ETC, TRON and other mainstream currencies for several years. Through distributed ledger node data, Oke Cloud Chain has built the world's most abundant blockchain database. Recently, the blockchain-based big data tool "Sky Eye Pro" has been launched.

Skyeye PRO is the world's first "deep integration product of technical investigation and war method and blockchain big data" created by Orke Cloud Chain Group based on the original Oklink blockchain browser and Skyeye on chain. It has four highlights, including rich practice, powerful tag library, flexible analysis means and law enforcement business.

Previously, the predecessor of Chain Sky Eye Pro, Chain Sky Eye, was renowned in the industry for its accurate data, powerful functions and advanced technology, and has won numerous awards in the industry. After many iterations and years of big data learning in address analysis, transaction traceability, on-chain monitoring, address label library and other aspects, the newly launched PRO is now more sophisticated in the field of on-chain security technology.

In-chain SkyEye Pro: More than just localized Chainalysis

Blockchain network ledger data is fully open, and all transactions and transfers are transparent and accessible. But its anonymity also makes it difficult for judicial authorities to track the person behind the address, unless the account has been registered with a real name on some centralized platform.

SkyEye Pro on Chain solves this problem. With this tool, when investigating cases in the field of cryptocurrency, the police can input the wallet address involved in illegal activities into SkyEye Pro, which can conduct on-chain address transactions and establish a user portrait system. At the same time, it can directly locate the counterparty and asset flow of the address involved. At the same time, the address labeled by the address label library is called. Once the assets of the address involved, once the cryptocurrency assets flow through the relevant institutions (trading platform, mine pool, C2C, etc.), they are associated with the labeled address, which can assist the police to identify the perpetrators.

Skyeye Pro on the chain also collects mass case information through the intelligence information platform, and continues to increase the collection and review of address labels on the chain, so as to focus on monitoring key groups.

As the world's first blockchain big data tool that integrates technical investigation and warfare, Sky Eye Pro on Chain has become a "sharp tool" for on-chain data analysis for public procuratorate and regulatory agencies to investigate and handle coin-related cases. From the product point of view, the on-chain SkyEye Pro has four highlights. The first is the rich practical experience of Ouco. Based on the accumulation of Oke Cloud Chain Group in the industry for nearly ten years, and based on the group's OKLink multi-currency browser, the product design of Sky Eye Pro on the chain not only ensures the accuracy and real-time data, but also integrates the practical investigation experience in the process of assisting in handling cases.

The second is a powerful address tag library. Skyeye Pro on the chain now has more than 100 million address labels, covering more than 100 digital currency trading platforms, mining pools, wallets and other institutions at home and abroad, with an accuracy rate of 99.99%, and it is still updating and expanding rapidly.

In addition, flexible rich special analysis is also the advantage of the eye in the chain of Pro, in addition to providing conventional analysis methods, also built in convenient investigators flexible use of special analysis method, such as the trading behavior characteristics analysis, focus on behavior monitoring tools, help frontline staff analysis of the case from different angles, greatly improve the detection efficiency.

It is also the advantage of Sky Eye Pro on the chain that it is more in line with the investigation business of law enforcement agencies. Through the use of technical means such as data modeling, it combines the analysis idea and address label data to help the front-line investigators find some important clues that are easy to ignore.

Compared with Chainalysis, Oke Cloud Chain Group, based on the local, is more familiar with the domestic ecology and environment, and its tag library is more conducive to the tracking of domestic criminal funds. With the help of this tool, public security organs and anti-money laundering institutions can quickly correspond the address on the chain to the entity under the chain, and carry out relevant investigation, forensics, and track the stolen money.

Recovering billions of assets and exporting on-chain security "Chinese solutions" to the world

This is despite a significant increase in the number of cryptocurrency-related cases around the world over the past two years. But when law enforcement officials have and use the right and efficient investigative tools, anonymity is no longer a barrier to investigating criminals who use cryptocurrencies.

Blank, vice president of Orco Cloud Chain Group, said, "The information on the chain is complicated and difficult to summarize. It is quite difficult to process some complex links only by relying on the blockchain browser. This can be the address involved in the flow of funds, counterparties, the centralized platform where the interaction occurred in the form of concise and clear graph."

By providing data analysis services in the encrypted space, ON-CHAIN SKY EYE PRO may be able to establish a world-class on-chain security service company, and truly have encrypted data. This significance is not only for Ooko, but also has the strategic significance of exporting Chinese solutions in the crypto world.

At present, more and more mainstream enterprises start to offer encryption services. For block chain industry, China is the world's most countries, pay attention to new technologies, such as block chain landing back in 2018, our country is put forward to block chain and artificial intelligence, quantum information, mobile communications, the Internet of things a label represents a new generation of information technology, block chain was incorporated into the core of the new digital infrastructure. The monitoring of on-chain information can not only help to protect the property security of domestic people, but also help China to understand and detect on-chain activities in the crypto world. For Chinese enterprises in the field of encryption security to occupy the first opportunity.

Oke cloud chain relying on the chain of the "four advantages" of Sky Eye PRO, has become an important force in the security of the security industry.

"Using the Eye on the Chain, Oke Cloud has previously helped police in Jiangsu, Shanghai and other places solve many cases related to crypto assets," Blank said. It is reported that it has assisted the police in many places to recover assets worth tens of billions of yuan in less than one year since the on-line. At present, the Pro2.0 version of SkyEye on Chain is also under active development, which will be more efficient and powerful in assisting the police to detect cryptocurrency-related cases in the future.

Not only to build tools to assist the police to maintain industry security, Oke Cloud also actively participates in promoting the establishment of industry security standards, popularize block chain technology for the local police, and help improve the business capacity of the front-line case handling personnel.

In September last year, Oke Cloud Chain, together with Baidu, Qihoo, Xiaomi and other companies, jointly participated in the formulation of anti-money laundering standards for application in the blockchain industry, and assisted the public security organs in the review and justice of cases related to virtual currency.

On June 10, the Eye-on-Chain team of Oke Cloud entered the country's largest independent online learning network platform for police and carried out the "Eye-on-Chain Acts: Digital currency regulation and crime analysis "as the theme of the training activities, encryption of global and domestic currency crime trends, regulatory situation carried on the thorough analysis, to deepen the cognitive investigators for encryption of currency, and through the practical case sharing, shows the chain of eye products rich in encryption monetary criminal detection function, specific applications and a variety of JiZhen methods.

With the continuous development of the industry, the data tools of Euco Cloud Chain have been evolving for several times, gradually extending from a basic data query tool to a full-service tool such as on-chain tracking, anti-money laundering and investment analysis. The promotion and popularization of such products will not only assist law enforcement agencies to effectively protect people's property safety, It is also of positive significance to reduce blackmail trading, dark net trading, online gambling, pyramid selling and other malignant events. Such tools are also positive for the industry, which is moving closer to compliance as trading information becomes more transparent.

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