CipherTrace created tools to track Monero transactions commissioned by the US government
The developers of CipherTrace have presented a set of tools for tracking transactions with the Monero cryptocurrency (XMR). The tools will be used by the United States Department of Homeland Security (DHS). CipherTrace executives explained that the firm’s end-to-end solution will enable analysts to search and monitor XMR transactions. The company has been working on the creation of the tools for a year, working with DHS’s R&D department. According to the GovTribe, CipherTrace received $…