Our Partnerships: Empowering Crypto Adoption**
Bitcashier; and another with Australian blockchain-as-a-service provider Black Tie Digital.
To do this, Bitcashier and Black Tie are leveraging Hoptrail’s crypto toolsets. This includes:
Access to platform for wallet screening and portfolio risks analysis**
- Access to our chain-agnostic crypto source of funds and source of wealth reporting
To find out more about our partnerships, see:
[Hoptrail published an article in Solicitors Journal this month, discussing emerging investment trends across GenZ (18-25 year olds) and how crypto is being used by younger generations to access the housing ladder. Read the full story here.Wallets, Leaderboards and DataFor those that don't know, Leaderboards is a composite indices measuring potential money laundering and terrorist financing risks across major virtual asset service providers. We created the index in response to an industry-wide lack of AML data on crypto entities of all kinds, from exchanges and custody to gambling services and darknet marketplaces.New Entrants**
- Rakkar Digita_ __(Payment Services - Asia) -89.09_
- Bitcoin.de_ __(Exchange - UK) -85.15_
- MoonBit_ __(Exchange - Asia) -66.9_
- GMX_ __**
- On 22 July 2023,CoinsPaid, a popular cryptocurrency payments platform, suffered a substantial security breach, with at least $37.3 million in crypto stolen from internal systems. The company attributed the hack to the North Korean state sponsored hacking collective Lazarus Group - the latest in a string of exploits orchestrated by Lazagus Group. The hack is suspected to be related to recent breaches of wallet provider Atomic Wallet and payments service AlphaPo, with estimated losses of $100 million and $60 million, respectively. Although the exact method of the theft was not disclosed, CoinsPaid halted operations for four days to address the incident. The services has incurred a penalty on Leaderboards and has dropped three points to 79.77.
Bitstamp](https://www.hoptrail.io/press-and-media/hoptrail-partners-with-black-tie-digital-to-expand-on-chain-onboarding) secured registration with the UK's Financial Conduct Authority. This brings Bitstamp to 11th in the Exchange category on Leaderboards, with a score of 89.52, an increase of 1.27 points.
Crypto.com successfully registered with De Nederlandsche Bank in Holland. This registration improves Crypto.com’s #AML score by 0.12 points, now standing at 89.75 and securing a rank of 9th in the Exchange category.
You can find out more by visiting our LinkedIn page. You can also view the Top 100 Exchanges and DEXs on our website, or sign up to our Platform for the sector's most complete AML risk data and insights.
Wallets and Data**
The primary additions this month were on Ethereum where we added exchange deposit addresses via a new heuristic. This is one of several planned algorithms we are adding this year to increase our on-chain mapping, and we will be updating our customers in due course on further expansion.
- Multichain Exploit(Exploit - July 2023)
- Antares.Trade (Scam)
- CryptoBridge(Russian exchange)
- **We also tagged previously unidentified wallets tied to Alameda Research, Three Arrows Capital, Grapefruit Trading, Jane Street Capital, Longling Capital, FalxonX, and Jump Trading, among many others.
Want to find out more?_
**info@hoptrail.io_****or reach out to ushere_._**