Tag Archives: CipherTrace

[ad_2][ad_1] Cryptocurrency intelligence firm Ciphertrace has filed two patent applications for tools and systems to track monero transactions. The company aims to enable the detection of criminal uses of private coins such as monero. Monero tracking patents Blockchain analytics and cryptocurrency intelligence firm Ciphertrace announced Friday that it has filed …

[ad_2][ad_1] Blockchain analytics firm CipherTrace has filed two patent applications that it claims will help authorities monitor transactions made with the monero (XMR) cryptocurrency. According to an announcement on Friday, the company recently filed a paper titled “Probabilistic Methods and Techniques for Tracking Monero” as a follow-up to the previous …

[ad_2][ad_1] CipherTrace files two patent applications for Monero tracking software. Technical indicators imply that XMR may be ready for a fix. Monero (XMR), the 16th largest digital asset with a current market cap of $ 2.2 billion, has gained nearly 9% over the past seven days. The coin bottomed at …

[ad_2][ad_1] Monero (XMR) has long been recognized as one of the most powerful “privacy coins” in the industry; the coin is a favorite of users who want to be as anonymous as possible in their transactions. However, Monero’s days as a true “privacy coin” can be numbered. In fact, cybersecurity …

[ad_2][ad_1] Crypto analytics firm CipherTrace announced Friday that it has filed two patents for the technology that can track transactions for privacy coin Monero. In a November 20 CipherTrace blog, the company said the patents will include forensic tools to explore Monero (XMR) transaction flows to assist in financial investigations, …

[ad_2][ad_1] Business Losses from cryptocurrency theft, hacks and fraud dropped to $ 1.8 billion for the first 10 months of the year compared to last year, but according to a report by crypto intelligence firm CipherTrace, crime in the hot ” decentralized finance “has increased. FILE PHOTO: The exchange rates …

[ad_2][ad_1] Blockchain surveillance firm Ciphertrace claims to have created the “first” monero tracking tools for law enforcement. According to the company’s announcement, Ciphertrace has developed forensic tools for the US Department of Homeland Security (DHS) in order to monitor illicit monetary transactions. Despite the company’s claims, there is no evidence …

[ad_2][ad_1] Privacy and anonymity are the primary benefits of cryptocurrency, but due to the transparent nature of blockchain technology, crypto transactions are not as anonymous as some may think. Rather, Bitcoin (BTC) and other cryptocurrencies are pseudonyms, as every transaction on a blockchain network is transparent, allowing wallet addresses to …