Russia has developed an algorithm to protect crypto projects from fraudsters

In Russia, based on machine learning, a special algorithm has been developed that allows fake accounts to be detected in cryptocurrency systems. This was announced on September 23 by the MIPT press service.

"The algorithm analyzes dozens of parameters, from behavioral patterns to network connections between wallets. This allows you to identify even complex clusters that go unnoticed when using standard methods. The algorithm showed an accuracy of 90%, and most of the existing solutions show efficiency at the level of 45-60%," TASS quoted Alexei Saplin, a researcher at the Moscow Institute of Physics and Technology.

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