Tracking service Whale Alert has announced a partnership with BitcoinAbuse to better identify and track scams, hacks and other crypto crimes.
Whale Alert and BitcoinAbuse are teaming up to fight crypto crimes together.
Fighting scammers
On Sept. 3, Whale Alert, a service dedicated to tracking large cryptocurrency transactions, announced that it will start collaborating with BitcoinAbuse to better fight cryptocurrency-related crimes.
BitcoinAbuse is a public database of Bitcoin (BTC) addresses used by hackers and criminals. Whale Alert went on to say:
“We will now report transactions made to scammers and keep track of their assets. You can help make crypto safer by reporting scams, black markets and hacks on the website BitcoinAbuse.com.”
Whale Alert announces Version 2.0
Earlier today, Whale Alert spotted a move of 500 million XRP — worth about $130 million at the time — from Ripple’s escrow to another wallet also owned by the company. The transfer may fuel discontent with the company’s practices, which some say are interfering with XRP price gains.
On Aug. 20, Cointelegraph reported that Whale Alert was working on the second version of its platform, which will include additional services such as better fraud and hacks tracking. The announcement read:
“We are excited to announce Whale Alert v2: the world’s largest independent blockchain tracker, which will go live Q4 2019. More blockchains, better analytics and more features!”
Source: , CoinTelegraph
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