You might have heard about liquidity pools (LP) before but are not sure what it is about? Look no further, this article will explain all you need to know on the subject. Liquidity pools is a term that we can often come across in decentralized finance (DeFi). Recently, there has

Scorechain releases an advanced tool to enhance risk-AML investigations on cryptocurrency wallets

Luxembourg, November 16, 2021 – Today, Scorechain announces the release of its Exploration Tool, a seamless feature to facilitate risk-AML investigations on cryptocurrency wallets. Scorechain’s Exploration Tool is an advanced tool made to carry thorough investigations on cryptocurrency wallets. Today, we officially launch this seamless feature to facilitate the investigation

Scorechain expands its risk-AML solution with the support of the Tron blockchain

The leader in crypto AML compliance, Scorechain, now supports the Tron blockchain and its cryptocurrency TRX, expanding its crypto risk-AML solution. Scorechain is proud to support an additional leading blockchain, adding another compliance layer to its offering, and help organizations operating with the blockchain to satisfy local and global regulatory

Scorechain helps UNICEF Luxembourg to monitor cryptocurrency donations with its crypto risk-AML solution

Luxembourg – November 4, 2021 Scorechain S.A. donates UNICEF Luxembourg its cryptocurrency analytics suite to monitor cryptocurrency donations. Scorechain S.A. is a Luxembourgish company providing blockchain analytics tools and risk-AML solutions since 2015. The company mainly serves cryptocurrency businesses as well as financial institutions, and organizations processing crypto funds. As

FATF’s updated guidance: 4 things to know

Last Thursday, the Financial Action Task Force (FATF) released its latest guidance1 for a risk-based approach to virtual assets (VAs) and virtual asset service providers (VASPs). The FATF’s updated guidance updated the risk-based approach to VAs and VASPs guidance from 20192. As stated in the FATF’s press release3, this guidance

Regulators’ crackdown on crypto-related ransomware

Ransomware is one kind of cybercrime. The aim is to gain access to a person or entity’s network and lock the stored files. Then, the criminal asks the victim for a ransom, often with cryptocurrency, to get back the locked files. Today, there is more and more ransomware-reported activity which

Scorechain closes €2M Pre-Series A Financing round and prepares for Series A funding next year.

French version below. Luxembourg, October 20, 2021 – Scorechain S.A., the company providing crypto risk-AML and compliance solutions, announces closure of a Pre-Series A funding round of €2M led by Tioga Capital (Luxembourg) and followed by Blockrocket (Germany) and CV VC (Switzerland). Therefore, the objective of this latest round is

Why do you need blockchain analytics tools?

Today, there are more and more blockchain analytics tools available for companies processing cryptocurrencies. In this article, we will explain why they are of utmost importance for such companies. But first, what exactly is blockchain analysis? Unlike common thinking, blockchain transactions are not anonymous but rather pseudonymous. Everyone can see

Twitter supporting Bitcoin tips through the Lightning Network

In late September, social media platform Twitter announced1 a new feature called “Tips” that will allow users to easily receive payments via different platforms such as CashApp, Patreon but also via cryptocurrencies. The “Tips’ feature will gradually be available on IOS and later on Android. In this article, we’ll see

10 of the most compliant crypto exchanges in Scorechain’s Entity Directory

Scorechain Entity Directory assesses the level of risk of each identified crypto exchange by assessing their anti-money laundering (AML) and combating the financing of terrorism (CFT) policies and their exposure to jurisdiction and security risks. In this article, we will recognize safe cryptocurrency exchanges listed in our Entity Directory. The