CipherTrace

Mastercard announces Crypto Secure, which uses AI to help banks identify and stop transactions from fraud-prone crypto exchanges, powered by CipherTrace's tech

- Mastercard will on Tuesday launch a new product called Crypto Secure that helps banks assess the risk of crime associated with crypto merchants on its network.

Mastercard acquires CipherTrace, which offers a crypto-focused analytics service that specializes in anti-money laundering and forensics

Stephen Graves / Decrypt :

Mastercard acquires CipherTrace, which offers a crypto-focused analytics service that specializes in anti-money laundering and forensics

Mastercard has announced that it has acquired cryptocurrency tracking firm CipherTrace with a view to providing “additional transparency and support” for the emerging ecosystem of digital assets.

CipherTrace, which helps track crypto crimes and sells compliance tools, raises $27.1M Series B

Danny Nelson / CoinDesk :

CipherTrace: in H1 2020, DeFi thefts accounted for 40% of all crypto thefts and hacks, amounting to $51.5M; since July, $47.7M more has been stolen from DeFi

CipherTrace: in H1 2020, DeFi thefts accounted for 40% of all crypto thefts and hacks, amounting to $51.5M; since July, $47.7M more has been stolen from DeFi

Robert Stevens / Decrypt :

Cryptocurrency intelligence startup CipherTrace claims to have developed a tool to trace Monero transactions, which it says the DHS will use in investigations

Rachel Wolfson / Cointelegraph :

CipherTrace: $3.1B may have been stolen through cryptocurrency exit scams and another $874M in misappropriated funds in 2019

William Foxley / CoinDesk :

CipherTrace: at least $356M of cryptocurrencies were stolen from exchanges in Q1 2019; cross-border payments from US exchanges are up 46% in past two years

David Canellis / The Next Web :

CipherTrace, which provides blockchain analytics and forensics services that regulators and governments use to stop money laundering, raises $15M

Blockchain and cryptocurrency security firm CipherTrace has raised $15 million in funding from investors including Mike Novogratz's Galaxy Digital, the firm announced Tuesday.