Tagged: TRM Labs

North Korean Hacking Groups Stole $600M in Crypto Last Year – Research Report

Hackers tied to North Korea stole at least USD$ 600 million in cryptocurrency in 2023, according to new research by TRM Labs. Additional hacks carried out in the final days of last year could, if confirmed to “have been committed by North Korea, push this… Read More

TRM Labs Teams Up with Crypto Exchange Swyftx to Combat Scams in Australia

TRM Labs, the enabler of blockchain intelligence solutions, and Australian crypto exchange Swyftx, launched a world-first trial today that “will pay crypto users to protect themselves against fraudsters through training and by enabling stronger security features to protect their accounts.” The program offers AUD $10… Read More

Blockchain Intelligence Firm TRM Labs Expands US Presence, Makes Key Appointments

TRM Labs is pleased to announce the appointment of Ethan Bronstein and LC Cook to leadership roles on the US sales team. Ethan Bronstein joins TRM Labs “as VP National Security Sales and LC Cook joins the company as VP Civilian Sales.” These strategic new… Read More

TRM Labs Illicit Crypto Ecosystem Report: Crime Moving Beyond Bitcoin, New Era of Multi-Chain Crime Underway

TRM Labs, which claims to be the leader in blockchain intelligence solutions, released the Illicit Crypto Ecosystem Report, a detailed guide to the complex dynamics of crypto crime. The new report “identifies over 40 types of criminal activity, and reveals that a seismic shift in… Read More

Financial Crime: US Authorities to Increase Efforts to Combat Crypto-Related Illicit Activities

The dramatic rise of cryptocurrency theft during the last couple years has become a serious concern for US authorities, who are increasing their efforts to crackdown on bad actors and illicit crypto-related activities. This past year, crypto-focused hackers have reportedly been able to steal around… Read More

TRM Labs Introduces Crypto Compliance, Investigations Certifications in TRM Academy

Image courtesy Wikimedia Commons

TRM Labs, which claims to be the leader in blockchain intelligence solutions, announced the availability of new, on-demand Crypto Compliance and Investigations Certifications within TRM Academy. TRM Academy is “an online learning portal featuring an extensive library of self-service digital courses and certifications, created for… Read More

Blockchain Intelligence Firm TRM Raises $70M Led by Thoma Bravo

TRM Labs, a blockchain intelligence company, has announced a $70 million expansion to the company’s Series B funding round, “bringing the raise to $130 million in total.” The investment round was “led by Thoma Bravo, a leading software investment firm, with participation from Goldman Sachs… Read More

Binance Custody Enables Institutional Compliance with TRM Labs Integration

Binance Custody, an institutional-grade digital asset custody solution, has onboarded risk management tools from TRM Labs, a key player focused on blockchain analytics and intelligence technology. The integration “enables Binance Custody to ensure its regulatory compliance and risk management program for client holdings through TRM’s… Read More

TRM Integrates with Polygon to Offer Risk, Compliance Monitoring Capability

TRM Labs, which claims to be the industry “leader” in crypto compliance and risk management solutions, announced its integration with Polygon, an Ethereum scaling platform “onboarding millions to Web3, to provide a full suite of anti-fraud and financial crime tools to members of the Polygon… Read More

Agent in Bitfinex Hack Incident, Chris Janczewski Joins TRM Labs to Lead Investigations Unit

TRM Labs, the provider of cryptocurrency anti-money laundering (AML) and investigations software, announced that former IRS-Criminal Investigations (IRS-CI) Special Agent Chris Janczewski has joined TRM “as Head of Global Investigations, bringing extraordinary investigative expertise to the next generation blockchain intelligence company.” While at IRS-CI, in… Read More

JPMorgan Makes Strategic Investment in Blockchain Analysis Firm TRM Labs

JPMorgan Chase (NYSE:JPM) announced on Monday (February 28, 2022) that it would be making an investment in TRM Labs, a blockchain analysis company, becoming the latest in a growing number of Wall Street giants who are expanding their footprint in the crypto and DLT  industry…. Read More

$326M Stolen in Wormhole Crypto Hack, Solana (SOL) Token Crashes Following Exploit

Wormhole, which is described as a communication bridge between Solana (SOL) and other DeFi/blockchain platforms, claims that bad actors stole around $320 million in virtual currency. The wormhole network was exploited for 120k wETH. ETH will be added over the next hours to ensure wETH… Read More

Blockchain Intelligence Firm TRM Labs Secures $60M via Series B Round

TRM Labs, the blockchain intelligence firm, has announced that it secured $60 million via a Series B round. TRM Labs‘ investment round has been led by Tiger Global along with contributions from financial institutions including American Express’ Amex Ventures, Visa, Citi Ventures, DRW Venture Capital,… Read More

FTX US, a US-Regulated Crypto Exchange, Implements Anti-Financial Crime Compliance, Risk Management Tools

FTX US, a US-regulated crypto exchange, announced it has implemented a comprehensive suite of anti-financial crime compliance and risk management tools created by TRM Labs, a blockchain intelligence provider. FTX US, the US division of FTX, has reportedly integrated TRM’s Transaction Monitoring and Forensics tools… Read More

Taipei based Fintech XREX Teams Up with TRM Labs to Enhance Platform Security

XREX Inc, the Taipei-based neo Fintech, announced that it has implemented a full suite of risk management tools created by TRM Labs, a blockchain intelligence provider, in order to enhance the platform’s ability to “detect and defend against fraud, scammers and suspicious activities.” XREX is… Read More

TRM Labs Raises $14M Series A

Blockchain intelligence firm TRM Labs has closed a $14 Million Series A funding round led by Bessemer. Additional participants include from PayPal Ventures, Initialized Capital, Jump Capital, Salesforce Ventures, Operator Partners, Blockchain Capital, and executives from Google. Existing investors who re-upped are Y Combinator, Alumni… Read More

PayPal to Allow Users to Buy, Sell, and Pay in Crypto in Partnership with Paxos

  PayPal (NASDAQ:PYPL) has partnered with Paxos to allow users to buy, hold, sell crypto, and pay in crypto by using the PayPal wallet in a new partnership with Paxos. The decision to incorporate digital assets is another sign of corporate acceptance of digital currency…. Read More

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