We’re thrilled to announce a series of powerful updates to Merkle Science’s blockchain analytics tools, Compass and Tracker, designed to give you greater control, flexibility, and insight into your risk management and investigation processes.
Fortris, the digital assets treasury operations company, and Merkle Science, the predictive crypto risk intelligence platform, are partnering to curb illicit crypto activity and accelerate crypto compliance. The partnership will integrate Merkle Science’s state-of-the-art real-time transaction monitoring solution into Fortris’s comprehensive treasury operations platform.
We are thrilled to announce several new features that enhance the capabilities of our crypto transaction investigation tool, 'Tracker', and the overall platform experience for our transaction monitoring tool 'Compass'. These updates are designed to improve precision, collaboration, and efficiency for our users. Here's a detailed look at what's new.
Merkle Science and Carahsoft Partner to Bring Crypto Crime Tracking and Investigation Solution to U.S. Government Agencies
Merkle Science has acquired Staging Labs, a leading company in real-time mitigation technology for the cryptocurrency industry. This acquisition expands Merkle Science's product range and presence in the US and Canada.
SINGAPORE - 8 November 2023 – Sumsub, a global full-cycle verification platform, is partnering with Merkle Science, a predictive web3 risk and intelligence platform headquartered in Singapore, to strengthen its Travel Rule solution. Sumsub will integrate Merkle Science’s wallet monitoring feature into its Travel Rule solution to enhance transparency and help its digital asset clients accurately trace and identify the source of fund transfers with various Virtual Asset Service Providers (VASPs).
Decentralized finance (DeFi) has exploded in popularity as an alternative venue for cryptocurrency trading, lending and other financial activities. However, recent enforcement actions by the Commodity Futures Trading Commission (CFTC) serve as a stern warning that DeFi protocols cannot ignore regulatory compliance obligations. DeFi operators must register appropriately and meet requirements under the Commodity Exchange Act (CEA) or risk penalties.
The Federal Deposit Insurance Corp. (FDIC) has added crypto to its annual report on risks facing U.S. banks, highlighting the "novel and complex risks" that digital assets pose to the banking system. The report is part of the FDIC's Risk Review, which provides a comprehensive summary of key developments and risks in the U.S. banking system. The FDIC has stated that it is prepared to engage in "robust supervisory discussions" with the depository institutions it oversees.
In the ever-evolving landscape of cryptocurrency, regulatory compliance plays a vital role in ensuring transparency and preventing illicit activities. One such regulation that has garnered significant attention is the Travel Rule.
In a stunning twist of events, a small crypto investment platform known as Fintoch or DFintoch mysteriously vanished into thin air along with $31.6 million of user funds. Promising investors a daily profit of 1% and claiming ties to the prestigious financial institution Morgan Stanley, DFintoch now appears to have been an elaborate scheme designed to steal people's hard-earned money.
