Merkle Science Introduces Enhancements to Its Blockchain Investigation Tool

Merkle Science Introduces Enhancements to Its Blockchain Investigation Tool

Merkle Science’s Tracker tool helps government agencies, crypto businesses, and financial institutions to visualise, investigate and identify transaction patterns that are not visible on address-based forensics. Through Merkle Science’s analytics and proprietary algorithms, Tracker’s revamped features allow for forensic analysis on a cryptocurrency address or a cluster of cryptocurrency addresses at the same time, resulting in better collaboration, accuracy, and ease-of-use. The decentralised finance segment has grown over 800% in the last year and as of late, the bigger crypto hacks were DeFi-related where smart contracts were exploited. As criminal typologies continue to evolve in crypto, Merkle Science is enhancing Tracker’s features to keep in-step with the challenges faced by our users everyday. Key feature updates include: Merkle Science’s platform takes a risk and behavior-based approach, resulting in more adaptive and effective investigations. As criminal activity evolves , Merkle Science’s investigation and intelligence tools evolve with it so that teams may take expert, evidence-based action accordingly. Mriganka Pattnaik , Co-founder and CEO at Merkle Science, stated: “In the last six months, we have seen greater demand for support in tracking crime involving privacy coins, DeFi, and NFTs. While the majority of crypto crime used to be associated with Bitcoin, the