5 days after the Harvest Finance Hack: what we know so far

Early Monday, the decentralized finance (DeFi) protocol Harvest Finance was exploited by an unknown attacker, who drained about $25 million in value and swapped for renBTC (rBTC). This incident has risen again and even heated the debate on whether this kind of flash loan-based arbitrage attacks are really “hacks”. Technically, the »

Can Compliance and AML Software Improve Cryptocurrency Business Sustainability?

This article was published on the Cointelegraph website on July 22, 2020. Read the original article here: https://cointelegraph.com/news/can-compliance-and-aml-software-improve-cryptocurrency-business-sustainability Cryptocurrency businesses are facing increasing challenges as new regulations are introduced globally, which is changing the face of the industry and forcing companies to search for effective solutions. Anti-Money Laundering and Combatting the »

What we know about Twitter Hack

On July 15th, Twitter Hack Scam became the focus of the day. The attackers had access to 130 accounts and used 45 of these to ask the public to send bitcoin.1 Many high-profile personal and company accounts such as Bill Gates, Joe Biden, Barack Obama, Jeff Bezos, Apple and Uber »

Can Exchange Platforms Trade Surveillance data reflect the COVID-19 crisis?

As part of providing risk aml solutions for cryptocurrency assets, at Scorechain we also provide trading information looking at services and exchanges inflows and outflows. Let’s have a look at this notable correlation between the ongoing Covid-19 crisis, Bitcoin price and exchanges on-chain trades. Can the recent event related to »