The figure puts 2020 on track to become the second-costliest year in the history of crypto.
The blockchain analytics firm is launching an initiative to pitch itself to central banks as both a tech partner and a guiding influence on future digital currency projects.
CipherTrace is rolling out a toolkit to help banks flag accounts and crypto-related transactions that may be suspicious.
Crypto businesses are figuring out how to comply with the Financial Action Task Force’s “Travel Rule.” And putting technical solutions in place is proving to be just as tricky as the legal and operational issues involved.
The blockchain security firm has partnered with the Anti-Human Trafficking Intelligence Initiative (ATII) to fight human trafficking.
CipherTrace is now providing AML compliance on Binance Chain, which supports both the exchange's BNB token and DEX.
The blockchain analytics provider now offers a window into the data of more than 87 percent of the top 100 cryptocurrencies.
Blockchain forensics firm CipherTrace has developed a mobile tool for flagging bitcoin and ethereum tokens with a criminal past.
CipherTrace has rolled out software for sharing sensitive customer information under the FATF’s new “travel rule” for global crypto exchanges.
In total, investors, users, and exchanges have lost some $4.3 billion from illicit activity.
CipherTrace is teaming with Shyft on a blockchain solution to help crypto firms meet tough new standards from the Financial Action Task Force.
E-commerce giant Rakuten has partnered with blockchain analytics firm CipherTrace to ensure AML compliance for its soon-to-launch exchange platform.
Losses arising from cryptocurrency hacks and fraud may have reached as high as $1.2 billion in the first quarter of 2019, CipherTrace estimates.
Binance is partnering with the blockchain analytics firm CipherTrace to beef up its anti-money laundering procedures.
Malta is turning to crypto sleuthing startup CipherTrace for technical help addressing the risk of financial crimes in its digital asset industry.