CipherTrace Adds Binance Smart Chain to Its Analytics Toolset

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Crypto intelligence firm CipherTrace has added support for the blockchain network Binance Smart Chain (BSC). The integration will give onlookers the tools to identify any suspicious on-chain activity. 
BSC was developed by the crypto exchange of the same name and is akin to Ethereum in that it allows developers to build various applications atop the network. It is, however, far more centralized. At press time, there are over 4,000 Ethereum nodes verifying transactions in the network. BSC has only 21. 
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“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,” explained CipherTrace CEO Dave Jevans in an announcement shared with Decrypt today.
The new functionality allows crypto service providers such as exchanges, banks, over-the-counter trading desks, custodial wallets, and other financial

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Źródło: https://decrypt.co/72093/ciphertrace-adds-binance-smart-chain-analytics-toolset

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