Whale Alert Has Teamed Up With BitcoinAbuse to Fight Crypto Crime

The ever-vigilant Twitter account known as Whale Alert, is teaming up with BitcoinAbuse to fight crypto crimes together.

Fighting against crypto crimeOn Sept. 3, Whale Alert, a service dedicated to tracking large cryptocurrency transactions, announced that it had teamed up with BitcoinAbuse to better fight cryptocurrency-related crimes.

BitcoinAbuse is a public database of Bitcoin addresses used by hackers and criminals.

"We will now report transactions made to scammers and keep track of their assets. You can help make crypto safer by reporting scams, black markets and hacks on the website BitcoinAbuse.com."

Tracking service Whale Alert announces Version 2Earlier today, Whale Alert spotted a move of 500 million XRP - worth around $130 million at the time - from Ripple's escrow to another wallet also owned by the company.

The transfer may serve as fuel on the fire of popular discontent with the company's practices, which some say are interfering with XRP price gains.

On Aug. 20, Cointelegraph reported that Whale Alert was working on the second version of its platform, which will include additional services such as better fraud and hacks tracking.

"We are excited to announce Whale Alert v2: the world's largest independent blockchain tracker, which will go live Q4 2019. More blockchains, better analytics and more features!".