CipherTrace Adds Analytics Support for Binance Smart Chain t

CipherTrace Adds Analytics Support for Binance Smart Chain to Track Illicit Transactions, Legitimizes Chain for More Partnership Opportunities


CipherTrace Adds Analytics Support for Binance Smart Chain to Track Illicit Transactions, Legitimizes Chain for More Partnership Opportunities
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Blockchain analytics and cryptocurrency intelligence leader CipherTrace is set to incorporate Binance Smart Chain into its portfolio of 1000+ traceable assets, bringing essential security and intelligence tools to the blockchain and its 600+dApps
One of the advantages of our data attribution system is that once we add analytics for a blockchain, we also add support for all applications built on that network.
MENLO PARK, Calif. (PRWEB)
May 27, 2021
Leading cryptocurrency intelligence company CipherTrace announces analytics support for Binance Smart Chain (BSC), a community-driven, open-sourced and decentralized ecosystem, providing the power to identify higher risk financial transactions taking place on BSC and its 600+ decentralized applications (dApps), with support from Binance. The inclusion of CipherTrace’s analytics also allows Virtual Asset Service Providers (VASPs), including exchanges, banks, OTC desks, hosted wallets, and other financial institutions to flag transactions occurring on BSC with a high probability of originating in illicit activity including fraud.

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