Tokenview Launches World’s First “CoinFlow” for Blockchain Network Security
The situation in 2020 has not been optimistic so far, not only the Australian fire, the Coronavirus, the US stock melting, but these days for the cryptocurrency world have also been difficult. From a maximum of $ 10,500 this year to a minimum of $ 3,800 on March 13, the Bitcoin closed at $ 5,208 the same day, and the price was “halved” ahead of the mining reward halving. In addition, the blockchain security incident is also worthy of attention. On February 22, 1547 Bitcoin and nearly 60,000 Bitcoin Cash were stolen from the giant whale account “zhoujianfu”. The March 6, PlusToken sold part of their coins, maybe also one of the reasons that caused Bitcoin to fall sharply on March 12. Besides, more and more incidents of stealing users’ private keys through adware, phishing websites, etc. occur frequently. Blockchain security also faces severe challenges in 2020.
In this situation, the multi-cryptocurrency blockchain explorer & blockchain data platform Tokenview launched the world’s “CoinFlow” on March 19. CoinFlow can track the stolen addresses or hacking addresses to capture the flow of crypto funds into and out of major mainstream exchanges in any period of time, which greatly increases the possibility of taking back the stolen assets.
Tokenview announced that CoinFlow supports tracking BTC, ETH, USDT (USDT-omni and USDT-erc20), and can freely set tracking thresholds and tracking periods based on existing clues, which can reduce the tracking zone. Searching for an address will show by default the coin flow which ends in exchanges, but through filtering, we can also track the coin that only flows through the exchanges individually.
In the blockchain world, there is no doubt that security is definitely just needed. And it’s even more strongly needed for the Defi projects which have greatly increased in popularity this year. As an infrastructure and data service provider in the blockchain ecosystem, Tokenview has absolute advantages in on-chain data tracking, hacker address tracking, and anti-money laundering. Following the CoinFlow, we expect that Tokenview can solve more imminent problems in the public chain ecology.
