{"id":3457,"date":"2022-08-16T10:50:08","date_gmt":"2022-08-16T02:50:08","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=3457"},"modified":"2022-08-16T10:50:09","modified_gmt":"2022-08-16T02:50:09","slug":"daily-markup-567-merkle-science-secures-us19m-to-filter-out-creeps-in-crypto-with-proprietary-blockchain-technology","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=3457","title":{"rendered":"Daily Markup #567: Merkle Science secures US$19M to filter out creeps in crypto with proprietary blockchain technology"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/NgBEIfCESbxzgdFsBIGccQcLOr8QObNaebnt6DSz4vDs9a77Fl3ngVDghAL3eSNmQHUetDAGSt0AQWhnsxgf1uXLwHhum7rYWHmOPpirx-dqBafLBc2N1s7hcJ0aATICnNnRXXMjnqrgCkHf2mUww7A\" alt=\"\" \/><figcaption>Credit: DealStreetAsia<\/figcaption><\/figure>\n\n\n\n<p><strong>Filtering out creeps in crypto<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Cryptocurrency may seem like risky business, but innovative companies are offering new ways to protect and minimize what investors put on the line.<\/li><li>One of them is 500-backed startup <a href=\"https:\/\/www.merklescience.com\/\">Merkle Science<\/a>. Founded in 2018, the company aims to help crypto companies, financial institutions, and government entities detect, investigate, and prevent illegal activities involving cryptocurrencies.<\/li><li>Merkle Science just <a href=\"https:\/\/www.dealstreetasia.com\/stories\/merkle-science-funding-302869\">raised a US$19M Series A<\/a>, bringing the total raised so far to over US$24M.<\/li><li>Their proprietary blockchain technology goes beyond vetting through blacklists \u2014 they even detect illicit activity from incoming and outgoing cryptocurrency transactions!<\/li><li>The tool also helps regulators understand the risks across all types of crypto businesses, stay on top of emerging technologies, and keep pace with the industry\u2019s increasingly complex illicit activities.<\/li><li><a href=\"https:\/\/blog.merklescience.com\/newsevents\/merkle-science-to-use-new-funding-to-solve-web3-compliance-and-forsensics-challanges\">Co-Founder &amp; CTO Nirmal Aryath Koroth said<\/a>, \u201cWe are planning to extend the capabilities of our compliance-first predictive crypto risk and intelligence platform to support clients in the DeFi and NFT sectors by de-risking liquidity pools, monitoring smart contract calls, and extending support to a huge range of NFT tokens and collections. We will also be focusing on automating cross-chain analytics enabling our customers to conduct investigations seamlessly across multiple blockchains and more.\u201d<\/li><li>The fresh funds will be used to accelerate the company\u2019s global growth, invest in R&amp;D, and extend the capabilities of their unique predictive crypto risk and intelligence platform.<\/li><li>Read the full story on <a href=\"https:\/\/www.dealstreetasia.com\/stories\/merkle-science-funding-302869\">DealStreetAsia<\/a>.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Filtering out creeps in crypto Cryptocurrency may seem like risky business, but innovative companies are offering new ways to protect and minimize what investors put on the line. One of them is 500-backed startup Merkle Science. Founded in 2018, the company aims to help crypto companies, financial institutions, and government entities detect, investigate, and prevent [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3458,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[543],"class_list":["post-3457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-merkle-science"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #567: Merkle Science secures US$19M to filter out creeps in crypto with proprietary blockchain technology - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=3457\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #567: Merkle Science secures US$19M to filter out creeps in crypto with proprietary blockchain technology - Markup\" \/>\n<meta property=\"og:description\" content=\"Filtering out creeps in crypto Cryptocurrency may seem like risky business, but innovative companies are offering new ways to protect and minimize what investors put on the line. One of them is 500-backed startup Merkle Science. Founded in 2018, the company aims to help crypto companies, financial institutions, and government entities detect, investigate, and prevent [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailymarkup.com\/?p=3457\" \/>\n<meta property=\"og:site_name\" content=\"Markup\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/500southeastasia\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-16T02:50:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-16T02:50:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2022\/08\/crypto.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1262\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ching Yee Ho\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailymarkup.com\/#website\",\"url\":\"https:\/\/dailymarkup.com\/\",\"name\":\"Markup\",\"description\":\"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailymarkup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3457#primaryimage\",\"url\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2022\/08\/crypto.jpg\",\"contentUrl\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2022\/08\/crypto.jpg\",\"width\":1920,\"height\":1262},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3457#webpage\",\"url\":\"https:\/\/dailymarkup.com\/?p=3457\",\"name\":\"Daily Markup #567: Merkle Science secures US$19M to filter out creeps in crypto with proprietary blockchain technology - Markup\",\"isPartOf\":{\"@id\":\"https:\/\/dailymarkup.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=3457#primaryimage\"},\"datePublished\":\"2022-08-16T02:50:08+00:00\",\"dateModified\":\"2022-08-16T02:50:09+00:00\",\"author\":{\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f\"},\"breadcrumb\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=3457#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dailymarkup.com\/?p=3457\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3457#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dailymarkup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daily Markup #567: Merkle Science secures US$19M to filter out creeps in crypto with proprietary blockchain technology\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f\",\"name\":\"Ching Yee Ho\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g\",\"caption\":\"Ching Yee Ho\"},\"url\":\"https:\/\/dailymarkup.com\/?author=5\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daily Markup #567: Merkle Science secures US$19M to filter out creeps in crypto with proprietary blockchain technology - Markup","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dailymarkup.com\/?p=3457","og_locale":"en_US","og_type":"article","og_title":"Daily Markup #567: Merkle Science secures US$19M to filter out creeps in crypto with proprietary blockchain technology - Markup","og_description":"Filtering out creeps in crypto Cryptocurrency may seem like risky business, but innovative companies are offering new ways to protect and minimize what investors put on the line. 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