Blockbid Partners with LexisNexis to Enhance Exchange Security

[kreslik.news]

Risk management giant LexisNexis joined hands with Melbourne-based cryptocurrency exchange Blockbid to enhance the latter’s security measures. With this partnership, Blockbid became one of the first crypto exchanges to voluntarily impose global anti-money laundering measures.

The deal was inked after LexisNexis’ acquisition of the security technology firm ThreatMetrix for 817 million in February. This equipped the security giant with two databases – one is it’s existing one and another with 1.4 billion unique identities obtained from ThreatMetrix.

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Blockbid has taken this step in response to the increased security-related concerns in ... (read more)