Ciphertrace – DIGIT INFO

Mastercard Debuts Blockchain Surveillance Tool for Banks and Crypto-Centric Card Issuers

DIGIT — Tue, 04 Oct 2022 16:30:49 +0000

On Tuesday, the multinational financial services corporation Mastercard revealed that it is launching a new crypto monitoring product called Crypto Secure. The Crypto Secure software aims to leverage artificial intelligence (AI) algorithms in order to help banks and crypto-centric debit card issuers identify fraudulent crypto transactions. Mastercard, Ciphertrace Introduce New Crypto Monitoring Product Called Crypto […]

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Illicit crypto usage as a percent of total usage has fallen: Report

DIGIT — Tue, 14 Jun 2022 04:01:09 +0000

A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline.

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Mercadolibre Inks Partnership With Mastercard to Secure Its Crypto Ecosystem in Brazil

DIGIT — Fri, 10 Jun 2022 11:30:19 +0000

Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this partnership, Mercadolibre will be able to use Mastercard’s Ciphertrace technology, to allow the company to enhance the control and security of the crypto transactions in […]

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Monero crypto of choice as ransomware ‘double extortion’ attacks increase 500%

DIGIT — Wed, 20 Apr 2022 03:51:47 +0000

A surge in ransomware in 2021 has also resulted in a surge in Monero usage as the method of payment as more criminal groups want only XMR.

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Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’

DIGIT — Sun, 23 Jan 2022 14:49:38 +0000

Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any jurisdiction. The lawyer adds that the exchange’s physical address in the island nation is for mailing purposes only. Accountability Issues U.S.-based lawyer Jonathan Levy has accused Huobi cryptocurrency exchange of running a decentralized global operation […]

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Despite Negative Mining Malware Press, Privacy-Focused Crypto Monero Jumps 36% in 2 Weeks

DIGIT — Sat, 01 Jan 2022 17:30:30 +0000

The privacy-centric crypto asset monero has seen significant gains during the last two weeks, jumping 36% in value against the U.S. dollar. Despite the negative press from the “Spider-Man: No Way Home” torrents with monero mining malware, seven-day statistics indicate the crypto asset has gained more than 21%. Monero Sees Double-Digit Gains Amid Mining Malware […]

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Blockchain Intelligence Company Elliptic Raises $60 Million — Evolution Equity Partners, Softbank Bolster Series C

DIGIT — Tue, 12 Oct 2021 06:00:22 +0000

On Monday, the blockchain intelligence firm Elliptic announced the company has raised $60 million in a Series C financing round. Elliptic plans to leverage the capital to expand the team and “accelerate” blockchain research and development (R&D). Elliptic Raises $60 Million to Bolster Expansion There’s been a number of capital investments and finance injections directed […]

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Payments Giant Mastercard Acquires Blockchain Intelligence Firm Ciphertrace

DIGIT — Thu, 09 Sep 2021 19:30:11 +0000

Mastercard, the American multinational financial services corporation, announced the company is dipping further into the digital asset ecosystem by acquiring the blockchain intelligence firm Ciphertrace. The partnership announcement says the firm will help bolster Ciphertrace’s and Mastercard’s cyber security solutions. Mastercard Purchased Ciphertrace for Undisclosed Sum On Thursday, the financial payments giant Mastercard (NYSE: MA) […]

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Mastercard acquires major crypto forensics outfit CipherTrace

DIGIT — Thu, 09 Sep 2021 14:46:25 +0000

The global payments giant plans to incorporate the crypto intelligence project into its digital currency expansion plans.

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Chainalysis Announces It Will Include Dogecoin Coverage in Its Reports

DIGIT — Wed, 11 Aug 2021 05:45:07 +0000

Chainalysis, one of the leading blockchain intelligence companies in the world, has announced it will now cover the Dogecoin network in its reports. The company argues that dogecoin became one of the most known cryptocurrencies in the world after being promoted by Elon Musk, CEO of Tesla during this year. This, consequently, has attracted criminals […]

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