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Etherscan Launches Machine-Learning Powered Surveillance Engine

Ramsey Baker

Summary: Popular Ethereum (ETH) block explorer Etherscan has released a machine-learning powered surveillance engine in order to flag ETH and wallets that are associated with illicit activity. According to an announcement from Etherscan on April 14, the surveillance engine, dubbed ETHProtect, will generate “daily user reports on suspicious fraudulent activities” which will be reviewed and verified ...

Popular Ethereum (ETH) block explorer Etherscan has released a machine-learning powered surveillance engine in order to flag ETH and wallets that are associated with illicit activity.

According to an announcement from Etherscan on April 14, the surveillance engine, dubbed ETHProtect, will generate “daily user reports on suspicious fraudulent activities” which will be reviewed and verified by Etherscan’s security research analysts.

Wallets that come from illegal sources will now be blacklisted, which will allow users to see when coins they are receiving have a checkered history.

By Ramsey Baker

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