The OKX crypto exchange has tapped Chainalysis to upgrade its fraud-resistance system for user safety. On-chain intelligence firm, Chainalysis, has created an AI-powered threat detection solution called Alterya. OKX will be deploying this solution to protect its users against recipient‑side risk and authorized push payment frauds.
As per Chainalysis, crypto scammers are using AI with proficiency now that the technology is making inroads into the tech and finance sectors. In 2025, Chainalysis estimates, over $17 billion in crypto were stolen by threat actors. Most of these scam attacks involved AI tools like voice cloning and deepfakes.
OKX wishes to use AI against AI to prevent cyber risks hovering over crypto investors and companies.
“OKX has expanded its relationship with Chainalysis by integrating a fraud-detection tool that identifies scam-linked withdrawal destinations before funds are sent,” said a company spokesperson in conversation with Coin Headlines. “The move speaks to a broader industry push toward more proactive protection at the point of withdrawal.”
Chainalysis claims that through Alterya, OKX will be able to enable pre-withdrawal screening for all transactions. In addition, it will also enable OKX to collect domain screenshots for manual transaction reviews among other features.
OKX is presently operational in several regions including Europe, Middle East, Asia-Pacific, and the U.S. The platform recently reported 53 times growth in regulated trading volumes now that crypto rules are shaping up in the U.S. and the EU.
Its security upgrade step aligns with the exchange’s ongoing efforts to expand internationally amid rising threats against the crypto arena.