Report: Review of Bitcoin transactions in terms of ML/TF Risks

Scorechain released its latest report on Bitcoin transactions during the last 5 years (2016-2020) to give its perspective on the associated money laundering (ML) and terrorist financing (TF) risks. Download the FREE report here: https://scorechain.com/bitcoin_transactions_ml_tf_risks It has been more than a decade now that Bitcoin has been released. During this »

Stablecoins: Understanding ML/TF Risks and Regulatory Developments

Key takeaways: Stablecoins held on exchanges recently reached an all-time high. More and more jurisdictions are planning to regulate them. FATF issued guidance on how to apply its standards to stablecoins. Lately, stablecoin usage has been increasing significantly. According to the market data provider CryptoQuant, stablecoins held on exchanges rose »

Implement a risk-based approach on transaction monitoring to comply with UK cryptoassets regulation: download the Guide for free

Scorechain released its latest guide to help UK-based crypto businesses to comply with AML/CTF regulations by implementing a risk-based approach on transaction monitoring. Download the FREE Guide here: https://www.scorechain.com/UK-cryptoassets-regulation Regulators around the globe are more and more concerned about digital assets and virtual asset service providers in particular. It is »

ETH Hype and Ethereum Bull Run: How to mitigate ML/TF risks?

Key takeaways Lately, ETH price rocketed and reached its all-time high on Feb 10, 2021 The bull run is due to several reasons such as an increased interest in the cryptocurrency This price increase also attracts scammers and hackers Ether (ETH), Ethereum’s cryptocurrency has been one of the main focuses »

How to implement a risk-based approach on transaction monitoring to comply with Singaporean regulations? Download the Guide for free

Scorechain releases the latest Guide to help crypto businesses in Singapore to comply with AML/CTF regulations by implementing the risk-based approach on transaction monitoring. Download the FREE Guide here: https://scorechain.com/Singapore-MAS-Virtual-Assets-Red-Flags Cryptocurrencies and digital assets have raised concerns from worldwide regulators. With increasing usage and business opportunities, regulators have started to »

CEO of Nexus Mutual Hacked for $8M. Follow our investigation

A hacker has remotely modified the MetaMask wallet used by Nexus CEO Hugh Karp. He changed a transaction to send the CEO’s funds to his own wallet. The hacker has taken $8 million of Karp’s funds.1 #1 Hack transaction: 370000 NXM ~ 8 millions USD #2 wrap the NXM to wrapped »