Company keen on a responsible and well-regulated crypto market
VICTORIA, Seychelles, Nov. 18, 2022 (GLOBE NEWSWIRE) — Bybit, the world’s third most visited crypto exchange, has announced it is enhancing its risk management controls as part of the company’s continued efforts to ensure the most secure environment for its customers and increase the resiliency of its platform.
The enhanced “wallet control system 3.0” covers the entire life cycle of user behavior and all business scenarios. The system uses multiple identifiers like geolocation, device ID and user ID. It tracks abnormal behavior, confirms the true identity and location of every client, blocks suspicious transactions, and detects intruders with pinpoint accuracy.
This cutting-edge security technology will allow Bybit to better identify, deter, defend, report, and act against potential intruders, attempted money laundering, and account theft. A significant step in supporting international efforts to enforce sanction
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