ChainCatcher news, according to Techcrunch, digital asset fraud detection and identity verification platform FrankieOne has secured an additional investment of 23 million AUD (approximately 15.4 million USD), bringing its total Series A funding to 45 million AUD (approximately 30 million USD). AirTree Ventures and Greycroft co-led the round, with participation from Kraken Ventures, Binance Labs, and existing investors Apex Capital, Reinventure, and Tidal Ventures.It is reported that FrankieOne connects banks, fintechs, cryptocurrency, and gaming companies with hundreds of data sources and collaborates with 170 financial institutions worldwide, providing an API to access identity and fraud prevention providers around the globe. The company stated that its platform's revenue has quadrupled in the past 12 months. (Techcrunch)

ChainCatcher news, NFT fraud detection startup Yakoa has completed a $4.8 million seed round financing, led by Brevan Howard Digital, Volt Capital, and Collab+Currency, with participation from Uniswap Labs Ventures, Alliance DAO, Orange DAO, Time Zero Capital, Sunset Venture, and others.It is reported that Yakoa has indexed NFTs on major blockchains and analyzed them using artificial intelligence technology to detect fraud before it reaches consumers. (Source link)

ChainCatcher news, Metamask recently announced its integration with the fraud detection and crypto settlement platform Sardine, providing U.S. users with instant bank-to-crypto payment options, allowing them to purchase cryptocurrency immediately without settlement delays. Sardine's payment system helps combat fraud and supports instant purchases of over 30 tokens at $3,000 per day, $5,000 per week, and $25,000 per month.The fraud detection platform Sardine completed a $51.5 million Series B funding round in September, with investors including Visa, ConsenSys, a16z, ING Ventures, Cross River Digital, Eric Schmidt, and Google Ventures. (source link)

Chain Catcher News, CNBC reported that Mastercard (MA.N) has launched a new tool called Crypto Secure, which will help banks identify criminal activities related to cryptocurrency trading platforms on their payment networks. Crypto Secure was developed by blockchain intelligence company CipherTrace, which was acquired by Mastercard in 2021.CipherTrace will use "sophisticated" artificial intelligence algorithms to assess the risk of cryptocurrency fraud based on data such as blockchain and public records of crypto transactions. CipherTrace, headquartered in Menlo Park, California, primarily assists businesses and official agencies in investigating illegal transactions involving cryptocurrencies, with its main competitors being Chainalysis and Elliptic. (Source link)