Surveillance Firm Chainalysis Provides Free Tool To Detect Sanctioned Wallets
What is the Chainalysis oracle? A free tool that allows anyone to validate “if a cryptocurrency wallet address has been included in a sanctions designation.” Pretty handy, considering all the canceling and restricting going around all over the world. Is this positive for the planet as a whole? It depends on your perspective. Is this […]
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The blockchain intelligence and surveillance company Chainalysis revealed the launch of a new program that aims to help governments and insolvency practitioners sell seized cryptocurrencies. The news follows the recent U.S. government seizure of more than 69,000 BTC worth over $1 billion on November 3. Blockchain surveillance firm Chainalysis announced the launch of a new program that caters to recovering, storing, and selling crypto assets that have been seized by law enforcement officials. “[The] asset realization program [will] help government agencies and insolvency practitioners....
Blockchain-data analytics company Chainalysis has announced an accelerated launch of two sanctions screening tools, an on-chain oracle, and an API, to help provide greater regulatory oversight to exchanges and DeFi projects. Blockchain-data analysis firm Chainalysis has announced the fast-tracked launch of two primary ‘sanctions screening’ tools that it will provide free of charge to the cryptocurrency industry. According to the report provided by Chainalysis on March 10, the screening tools include two main components of new tracking software that will assist exchanges in screening....