Blockchain security auditor Hacken has announced the launch of a new tool called "Extractor" to automate security and compliance for web3 businesses ahead of the implementation of MiCA and DORA regulations. The solution combines AML/CFT monitoring, transaction tracking, and circulating supply detection to ensure compliance with regulatory standards. It also offers real-time threat detection, automated safeguards, and post-incident reporting. The tool is compatible with multiple blockchain networks and aims to address the critical need for proactive monitoring and compliance in the crypto space. Non-compliance with DORA regulations can result in severe penalties for businesses.



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