Scorechain's Blog

Scorechain and Hawk AI partner to Introduce an End-to-End Transaction Monitoring Solution for Enhanced Compliance

Esch-sur-Alzette/Munich, 6 June 2023 – Scorechain, the leading crypto AML compliance solution provider, today announced a new partnership with Hawk AI, Germany’s leading software provider of anti-money laundering surveillance technology for banks, payment firms, and fintechs, to unveil a holistic end-to-end transaction monitoring solution for comprehensive compliance. With the partnership,

Scorechain releases its advanced transaction monitoring system for holistic automation of crypto AML compliance

Scorechain is the leading European provider of blockchain analytics tools. Today, the company announces the launch of its advanced rule engine-based transaction monitoring system. Introducing our advanced transaction monitoring system The Scorechain team designed the new feature to help automate the crypto transaction monitoring process, making it faster, easier, and

ChipMixer, a prominent crypto mixing service, shut down

Last week, the US and Germany, with support from Belgium, Poland, Switzerland, and Europol, announced the shutdown of ChipMixer, one of the largest crypto mixing services. The shutdown is related to Chipmixer’s alleged involvement in money laundering activities. The action resulted in the seizure of over 1,900 BTC in 55

Implementing holistic AML monitoring for Polygon (MATIC)

Scorechain is the leading European provider of blockchain analytics tools. Our all-in-one crypto AML platform already supports over 30 blockchains. Today, we are happy to introduce our Polygon coverage and help customers enhance their AML monitoring for the blockchain. What is Polygon? Polygon is a blockchain network created in 2017.

OFAC adds crypto address owned by drug trafficking organization to the SDN list

OFAC adds additional Bitcoin address to the SDN list The Office of Foreign Asset Control (OFAC), a department of the US Treasury, is the authority responsible for sanction enforcement and managing the Specially Designated National (SDN list). The SDN list gathers individuals and entities that OFAC determined are involved in

5 things to know about XRP

XRP is one of the largest crypto assets by market capitalization. It has gained attention from financial institutions and investors for its potential to disrupt traditional banking systems. Here are 5 things you need to know about XRP. 1. What are Ripple and XRP Ledger? Ripple, founded in 2012, is

Crypto AML compliance in 2023: 5 things to consider

2022 has been a tough year for crypto assets, with the crypto winter and scandals that shook the industry. However, it also showed that the crypto industry needs better governance to regulate crypto activities and service providers while protecting consumer interests. While there was already a global trend in regulating

Scorechain gives UNICEF Luxembourg access to its leading crypto AML suite for crypto donations monitoring

Luxembourg – 17.02.2023 Scorechain S.A. donates UNICEF Luxembourg a license for its blockchain analytics suite to monitor and verify its crypto donations. Scorechain’s donation offers access to the full suite of features and blockchains included in Scorechain Analytics, and to the Investigation Tool, for a total value of 30,000 EUR.

Interview of Pierre Gérard, CEO and co-founder of Scorechain – with BitCourier

Scorechain’s CEO, Pierre Gérard, recently had an interview with BitCourier on how Scorechain assists companies in their crypto compliance journey. The interview was originally posted here. Hi there! Thanks for being here. Scorechain is a compliance solution for crypto asset regulation. Can you tell us about the problem that your

Crypto sanctions: how to comply in 2023?

Recently, the Office of Foreign Assets Control (OFAC) issued its first crypto-related sanctions of the year. This first wave of sanctions targets individuals and entities supporting Russia’s military complex and evading US sanctions. The aim is to increase pressure on Russia for its invasion of Ukraine and limit its access