Coinfirm Adds 840,361 Tokens To AML Platform, Offering Full Coverage Of All Tokens
In the largest update of protocol coverage in Coinfirm’s history, the firm has added support for 840,361 new tokens to the AML Platform, offering total digital asset coverage of 17 blockchains.
Now, the company’s industry-recognized blockchain agnostic AML Platform supports ~846 thousand cryptocurrency assets and tokens.
The breakdown of the newly supported coverage – including popular tokens such as ENS and APE – based on the following blockchains are:
- Ethereum: 363,006
- Ethereum Classic: 5,947
- Stellar: 357,472
- Tron: 67,056
- Rootstock: 295
- Waves: 46,567
- Tezos: 18
“This expansive token coverage update strengthens Coinfirm’s position as a leading AML/CFT RegTech in the blockchain space and proof of the innovative capability of the firm.” - Coinfirm CEO, Dr. Mircea Mihaescu
Protocol coverage by Coinfirm can be checked at: https://platform.coinfirm.com/reports/supported-coins-and-tokens
What is the difference between a ‘token’ and a ‘coin’?
A coin (or cryptocurrency) is the native digital asset of a given blockchain. It is a foundation – an integral part of it – embedded in the protocol. Often created by the blockchain as a reward to miners or validators, for creating or verifying new blocks and approving transactions. Examples are BTC, ETH and ADA.
Tokens, however, are not created in the process of validating or mining the blocks – they are represented by records in blockchain registries. Tokens are typically issued on existing third-party blockchains. Unlike coins, tokens are not cryptocurrencies, but tradable units of value issued on top of a blockchain. The most common type of token is the ERC-20 standard on Ethereum. Examples are MKR, SHIB and USDT.
About Coinfirm
Coinfirm’s AML Platform is creating a safer blockchain economy by monitoring and blacklisting funds from ransomware hacks, human trafficking, sanctions evasion and terrorist financing – amongst other crimes – by risk scoring entities, addresses and transactions.
Coinfirm’s platform and services are used by governments, financial institutions, custodians, payment providers, investment funds and exchanges. The AML Platform utilises 350+ proprietary risk algorithms to provide a seamless, scalable solution to stringent regulatory requirements for both CeFi and DeFi.
Founded in 2016, Coinfirm is headquartered in London, UK, with the company retaining offices in Canada, the U.S., Poland, France and Japan. Over 250 entities have trusted Coinfirm’s RegTech solutions.
For more information, visit: https://www.coinfirm.com
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220504005619/en/
Contact information
Media Contact
Rafal Janik
+48 668031914
marketing@coinfirm.com
About Business Wire
Business WireSubscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
IFF Declares Dividend for Second Quarter 20241.5.2024 22:15:00 CEST | Press release
IFF (NYSE: IFF) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share of its common stock, payable on July 10, 2024 to shareholders of record as of June 21, 2024. Welcome to IFF At IFF (NYSE: IFF), an industry leader in food, beverage, scent, health and biosciences, science and creativity meet to create essential solutions for a better world – from global icons to unexpected innovations and experiences. With the beauty of art and the precision of science, we are an international collective of thinkers who partners with customers to bring scents, tastes, experiences, ingredients and solutions for products the world craves. Together, we will do more good for people and planet. Learn more at iff.com, Twitter, Facebook, Instagram, and LinkedIn. View source version on businesswire.com: https://www.businesswire.com/news/home/20240501801418/en/Contact information Media Relations: Paulina Heinkel 332.877.5339 Media.request@iff.com Investor Rela
Qualcomm Earnings Release Available on Company’s Investor Relations Website1.5.2024 22:00:00 CEST | Press release
Qualcomm Incorporated (NASDAQ: QCOM) today announced the Company’s financial results for its second quarter of fiscal 2024 through an earnings release that is available on the Qualcomm Investor Relations website at http://investor.qualcomm.com/results.cfm. The earnings release will also be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at http://www.sec.gov. As previously announced, Qualcomm will host a conference call to discuss its fiscal second quarter results which will be broadcast live on May 1, 2024, beginning at 1:45 p.m. Pacific Time (PT) at http://investor.qualcomm.com/events.cfm. An audio replay will be available at http://investor.qualcomm.com/events.cfm and via telephone following the live call for 30 days thereafter. To listen to the replay via telephone, U.S. callers may dial (877) 660-6853 and international callers may dial (201) 612-7415. Callers should use reservation number 13745532. About Qualcomm Qua
Oceansix Announces Full-Year 2023 Financial Results1.5.2024 20:24:00 CEST | Press release
Oceansix Future Paths Ltd. (“Oceansix” or the “Company”), a leader in sustainable technology and manufacturing, today announced its financial results for the year ended December 31, 2023. The Company is publicly traded on the TSX Venture Exchange (TSXV: OSIX), the New York OTCQB (AKMYF), and the Frankfurt Stock Exchange (WKN: A3EFB0). Annual Financial Highlights: Sales Growth: Significant growth of sales in our key subsidiary, Flome, showcasing strong market performance and product demand. Bottom Line Improvement: Adjusted bottom line shows considerable progress, factoring in recoverable impaired amounts and other incomes. E-commerce Focus: The e-commerce project remains central to our strategy, with promising updates expected soon. Shareholder Support: Strong commitment from existing shareholders to support and expand their stakes in the company, underlining confidence in our growth trajectory. Financial Statements and Detailed Analysis The full consolidated financial statements and t
LambdaTest Enhances Security and Performance with SOCKS5 Proxy and HTTP/2 Support1.5.2024 18:00:00 CEST | Press release
LambdaTest, a leading cloud-based unified testing platform, announced enhanced functionalities within its LambdaTest Tunnel feature. These advancements include comprehensive support for SOCKS5 proxies and built-in HTTP/2 protocol handling, empowering developers and QA professionals with a more secure, performant, and future-proof testing environment. LambdaTest Tunnel now seamlessly integrates with SOCKS5 proxies, offering an additional layer of security for data transmission during testing. This is particularly valuable for users working within complex network environments or those requiring unrestricted access to internal web applications. Additionally, the tunnel feature simplifies testing modern web applications by offering automatic support for HTTP/2, the latest web protocol. This eliminates the need for manual configuration and ensures accurate performance testing that reflects real-world browser-server interactions. “The addition of SOCKS5 proxy support and automatic HTTP/2 han
Rocket Software Closes $2.275B Acquisition of OpenText’s Application Modernization and Connectivity Business1.5.2024 16:05:00 CEST | Press release
Rocket Software, Inc. (“Rocket Software”), a global technology leader in modernization software, has expanded upon its position as a partner of choice empowering the world's leading businesses on their modernization journeys. Closing the acquisition of the Application Modernization and Connectivity (AMC) business of OpenText, formerly part of Micro Focus, Rocket Software now offers customers modernization software solutions spanning the mainframe to the cloud. With a total purchase price of $2.275 billion, before taxes, fees and other adjustments, the deal increases the company’s revenue by over 60% and expands its customer base to more than 12,500 companies and network to more than 750 partners worldwide. In addition, the company welcomes more than 770 new software engineers, go-to-market professionals and other supporting team members and is hiring hundreds of additional Rocketeers to complement its existing team. “Rocket Software’s customers are global market leaders that are consta
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom