As digital asset adoption deepens, so does the sophistication of online scams. To combat this growing threat, Nexo, the premier digital assets wealth platform, has launched an upgraded Anti-Scam Engine — a risk-based, default-on system that proactively detects and prevents fraudulent transactions before users take action.
This new system is not just a backend security patch — it’s a user‑facing upgrade designed to preserve trust, enhance platform security, and reduce user losses in real time, without compromising convenience or control.
How the Anti-Scam Engine Works
Nexo’s latest enhancement is built on real‑time behavioral analysis, intelligent threat feeds, and blockchain integrations. The engine runs quietly in the background by default, analyzing transaction patterns across Ethereum, Optimism, BNB Chain, Polygon, Arbitrum, Avalanche, and Base. Future updates will extend coverage to Bitcoin, Solana, Tron, and XRP.
The system uses a layered approach to intervene only when truly necessary:
- •Context‑aware alerts appear only when a transaction is flagged as high risk.
- •Human‑readable prompts help users understand potential threats without jargon.
- •Optional pause mechanisms temporarily halt high‑risk transfers, buying time for user review.
Unlike heavy‑handed systems that overblock or frustrate users with unnecessary friction, Nexo’s model is “right‑sized security” — smart, silent, and situational.
The Global Scam Problem: Bigger Than Ever
Financial scams have evolved from isolated phishing attempts to sophisticated social engineering operations. One of the most insidious is “pig butchering,” where victims are emotionally manipulated over weeks or months before being persuaded to transfer crypto to scam wallets.
According to Chainalysis, over $9.9 billion in crypto assets were lost to scams in 2024. High‑yield Ponzi schemes, romance scams, and fake tech support attacks continue to drive losses — especially among newer, less technically‑savvy users.
Nexo’s Anti‑Scam Engine addresses these threats by adapting the user journey based on risk signals. If it detects a pattern common in scam behavior, such as unusual fund routing or attempts to transfer to known scam addresses, it intervenes in real time.
Where It’s Live — and Where It’s Expanding
The upgraded system is already deployed across major chains including:
- •Ethereum
- •BNB Chain
- •Polygon
- •Optimism
- •Arbitrum
- •Avalanche
- •Base
Upcoming phases will extend to Bitcoin, Solana, Tron, and XRP — an important expansion, as many scam schemes attempt to avoid detection by routing funds through less surveilled chains.
Nexo’s engine is also powered by advanced intelligence feeds and a continually updated list of known scam contracts, blacklisted addresses, and behavioral red flags. The system adapts as new scams emerge, reducing reliance on manual reviews or static rules.
Why This Matters: Trust = Growth
In today’s competitive crypto landscape, platform growth depends as much on protection and retention as on product features. For wealth‑focused users, especially high‑net‑worth individuals (HNWIs) and institutions, the ability to mitigate risk before it materializes is now a key factor in selecting a digital asset provider.
According to Nexo’s Chief Product Officer, Elitsa Taskova:
“Our philosophy is simple: strong protection should feel invisible until it’s needed. With this enhancement, Nexo is keeping clients safe from increasingly sophisticated scams while preserving control and convenience.”
This aligns with the broader trend of behavioral security — building invisible guardrails that only activate under duress, enhancing both user experience and peace of mind.
Nexo’s Broader Vision for Responsible Innovation
While the Anti‑Scam Engine is a major security milestone, it’s part of a broader commitment to trust and compliance. Since 2018, Nexo has processed $371 billion in transactions, with over $11 billion in AUM and presence in 150+ jurisdictions.
The platform’s product suite includes:
- •High‑yield flexible and fixed‑term savings
- •Crypto‑backed loans
- •Pro‑level trading tools
- •Liquidity solutions and institutional products
- •The industry’s first crypto debit/credit card
Its security stack includes 24/7 client support, custody partnerships, insurance coverage, and global licensing. With the Anti‑Scam Engine, Nexo is taking its next logical step — offering a proactive solution that meets modern scam threats head‑on.
Conclusion: A New Baseline for Crypto Safety
Crypto users today demand more than flashy UIs and fast swaps — they expect robust, intelligent protection. Nexo’s Anti‑Scam Engine sets a new benchmark for default‑on safety that doesn’t interfere with everyday usage.
In a space plagued by fast‑moving threats, this is what responsible innovation looks—invisible, smart, and always on.