Blockchain News

Secure Your Crypto Assets With PARSIQ’s Blockchain Intelligence Platform


The cryptocurrency world is ablaze with scandal after recently discovered instances of hacks, security breaches, and missing or stolen digital assets. Quadriga, Coinomi, and Cryptopia users have all found themselves added to an ever-growing list of victims due to cryptocurrency malfeasance. However, with the introduction of PARSIQ’s blockchain intelligence platform for securing cryptocurrency assets, the buck stops here.

PARSIQ monitors blockchains in real-time using a modular suite of high-performance tools for securing wallets, creating custom alerts for blockchain events, tracking digital assets, and parsing blockchain data. Today, there are over 139 million blockchain user accounts and wallets now active — protecting those accounts and their assets is more important than ever. Using PARSIQ Protect to secure crypto wallets, for instance, investors and exchanges alike can receive instant notifications the moment an unauthorized transaction takes place. With the same tool, those assets can be tracked, and service providers notified, giving them an incentive to blacklist those assets and prevent their sale.

In light of the ongoing string of epic cryptocurrency thefts (over $1 billion worth of crypto stolen in 2018 alone), the need for blockchain analytics can’t be overstated. Coinbase, one of the world’s largest crypto exchanges, recently acquired Neutrino, a blockchain analytics firm, underscoring the fact that analytics startups are quickly becoming hot property. The problem with the current batch of analysis groups like Neutrino and Chainalysis, however, is that unlike Parsiq, they’re heavily centralized, and don’t offer real-time blockchain solutions to both enterprise and retail users.

Owing to its singular architecture which combines a centralized backend with decentralized blockchain monitoring nodes, PARSIQ is uniquely positioned as the only community-driven blockchain intelligence platform in the crypto industry. That singularity has gone over well with investors as PARSIQ closed its seed round in 2018 and is currently in its “Series A” round of funding.

It isn’t only investors who see the value in PARSIQ’s mission to bring trust, security, and compliance to blockchain. The European Crypto Association (ECA), of which Parsiq is a part of, is aiming to foster a dialogue on behalf of the crypto industry for compliance standards that will finally put an end to the current crypto Wild West era — where rules are scarce, and criminal conduct is rampant.

PARSIQ’s modularity allows it to fill in the gaps where compliance is concerned. For instance, using PARSIQ’s Protect and Asset Tracking modules, exchanges can detect illegal or otherwise illicit activity and prevent it, creating a safer and more robust security paradigm for crypto markets.

Milestone innovations such as Smart Triggers are in large part what give Parsiq the upper-hand against criminal activity on the blockchain. With Smart Triggers, users can create a database containing descriptions of the assets being watched, such as a list of addresses to monitor. After populating the database with details, Smart Triggers can be used for a wide range of monitoring and notification applications, such as:

1. Assets being withdrawn from a certain address
2. Assets being sent to a specified address
3. High-frequency of transactions to and from exchanges
4. Asset transfers above a specific threshold
5. Interactions with a particular smart contract
6. High gas transactions that may indicate front-running

The preceding examples are a small preview of what Smart Triggers are capable of, but their power is undeniable. The recent Quadriga exchange scandal has made front page headlines around the world as over $100 million in customer funds went missing from an array of wallets. Had users, investors, or regulatory bodies deployed PARSIQ’s array of tools, such as Smart Triggers, to monitor Quadriga’s asset movements, red flag notifications would have issued as the movements happened, allowing exchanges to blacklist the assets in question — and, stop them dead in their tracks.

Despite being localized in European markets, PARSIQ will soon expand its operations outside of the EU in tandem with the release of some of its solutions in an MVP offering. To learn more about how PARSIQ secures blockchains, enables compliance measures in the crypto industry, and provides omniscient market intelligence, visit or join the discussion below.

Website   —
Twitter     —
LinkedIn   —
Facebook —
Medium    —

Authors Name
Anastasia (PARSIQ)
Company Name

You may also like

Bitcoin News News

UK Financial Regulator FCA Won’t Regulate Bitcoin and Ether


Major British regulator, the Financial Conduct Authority (FCA), will not regulate Bitcoin (BTC) as a part of its recent guidance on crypto assets.

FCA finalizes its statement on crypto after a public consultation released in January

On July 31, the FCA issued its finalized policy statement on cryptocurrencies in a document titled “PS19/22: Guidance on Cryptoassets.” The document represents an updated version of a consultation paper on crypto assets that was first released for public comment in January 2019, and intends to bring more regulatory clarity to the existing types of digital assets.

In the document, the FCA considered major cryptocurrencies such as Bitcoin and Ether (ETH) as “exchange tokens,” describing them as types of crypto assets that are “usually decentralized and primarily used as a means of exchange.” The regulator emphasized that such digital currencies do not fall under the regulatory scope of the FCA and is outside its…

View More Article

Bitcoin’s 3 Day Price Charts Point to an Impending ‘Golden Cross’


A bitcoin price indicator is about to turn bullish for the first time since the early stages of the 2016-17 bull market.

The 50-candle moving average (MA) on bitcoin’s three-day chart is in a solid upward trajectory and looks set to cross above the 200-candle MA in the next few days.

That would be the first golden crossover on the three-day chart since early February 2016. CoinDesk reported on a golden cross for bitcoin’s daily chart back in April.

Seasoned traders often refer to that long-term bull market signal as a lagging indicator. After all, the MA studies are based on historical data and tend to lag prices, which also means they have limited predictive abilities at best.

While that is true for most crossovers, the one that is about to happen on the three-day chart has proved its mettle as a reliable bull market indicator in the past.

3 day chart (2016-2017)

View More Article
Bitcoin News News

Garrick Hileman Explains Why Bitcoin (BTC) is on The Rise This Year!


Garrick Hileman, head of research at Blockchain, explains what’s behind the cryptocurrency’s near-200% year-to-date rally (watch the interview above)


Dr Garrick Hileman is head of research at Blockchain and research associate at the London School of Economics

Garrick is best known for his research on monetary and distributed systems innovation, particularly cryptocurrencies and blockchain technology.

Hileman Garrick was ranked as one of the 100 most influential economists in the UK & Ireland. He is regularly invited to speak and share his research and perspective with public sector institutions, including the CIA, US Army and Naval War Colleges, Federal Reserve, Bank of England, Bank of International Settlements, and the Financial Stability Board, as well as media, including the BBCCNBCFTWSJ, and NPR.

View More Article
Bitcoin News News

Bitcoin Price Passes $10,000 as Cryptocurrency’s Spectacular Recovery Continues


The price of bitcoin has broken above $10,000 (£7,855) for the first time since March 2018, as the cryptocurrency’s remarkable surge in value continues.

Bitcoin passed the milestone after experiencing gains of more than 10 per cent over the last 24 hours.

The price jump saw the world’s largest cryptocurrency reach as high as $10,831, according to the CoinMarketCap price index, taking its overall market capitalisation close to $200 billion.

Bitcoin’s most recent run of good form began in early February, when it was trading at well below $4,000.

It had reached this price after more than a year of steady declines saw its price withdraw dramatically from its late 2017 peak of close to $20,000.

Bitcoin’s recent run has drawn comparisons from some with bitcoin’s run in 2017, with some hoping it can go beyond its previous record high.

“This really is amazing,” one crypto enthusiast wrote on Twitter. “It has 2017 written…

View More Article
Blockchain News Press Releases

Satoshi Studio Launches First Ever Blockchain-Certified Sneakers


Paris, 30th of May 2019. French brand Satoshi Studio announces the launch of their first sneakers. The Satoshi_one is the first pair of shoes certified on the Ethereum blockchain. More high-end products will come from Satoshi Studio thanks to their innovative financing campaigns.

Satoshi Studio was founded in 2018. The Parisian brand is influenced by the Tech industry and Crypto culture. It aims to create a place for itself as a reasonably priced high-end brand. To reach that goal, it will not use traditional channels of communication, striving instead to connect directly with its young and tech-focused community.

To be able to regularly offer new products and avoid traditional seasonality, the brand will launch several crowdfunding campaigns per year. Satoshi Studio believes in responsible shopping habits: they will only produce the right amount, no more, no less. The sneakers will be offered at a reasonable price, without compromising on quality.

Authors Name
Lucas Goldlust
Company Name
Satoshi Studio
View More Article
Bitcoin News News

Why We Could See The Price of Bitcoin Quadruple Within Just a Few Months


Bitcoin is ballooning to new highs… but can it last?

Compound interest might be the most powerful force in the universe, but FOMO can’t be far behind, especially as it relates to bitcoin.

We’ve seen the “fear of missing out” contribute to a nosebleed rise in the price of bitcoin BTCUSD, before, and Fundstrat’s Thomas Lee believes we’re about to see it play out again — but even more pronounced.

The outspoken bitcoin backer told clients this week the world’s top cryptocurrency could ride a wave of FOMO all the way up to $40,000 “within a few months,” thanks to better transparency and a breach of the psychological $10,000 barrier.

He pointed to Grayscale Bitcoin Trust GBTC, as a great way to partake in a rally that would be most welcomed by the crypto bulls who had to suffer through a 74% drop in the price of bitcoin last year.

“Bottom line: Crypto winter looks over,” Lee said….

View More Article