Nexo has introduced a new Anti-Scam Engine designed to detect and alert users to suspicious cryptocurrency transactions in real time. The system, which is automatically enabled, employs contextual analysis and blockchain security integrations to identify and potentially pause high-risk transfers. This initiative targets scams such as pig-butchering schemes and high-yield Ponzi pitches, addressing the $9.9 billion in crypto scam losses reported in 2024. Currently, the engine supports Ethereum, Optimism, BNB Chain, and other major networks, with plans to expand to Bitcoin and Solana. The tool leverages external intelligence feeds to minimize fraud while maintaining user convenience.