Hacken, a leading name in blockchain security auditing, has unveiled its advanced AI-powered platform called Extractor, designed to automate security and compliance for Web3 companies. This innovative platform addresses critical compliance areas including Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT), the European Union’s Markets in Crypto-Assets Regulation (MiCA), the Digital Operational Resilience Act (DORA) and Abu Dhabi Global Market (ADGM) standards.
Extractor offers scalable and efficient solutions tailored to different business segments and regulatory frameworks. The launch comes at a time when global regulations are becoming increasingly stringent and frameworks such as MiCA and DORA are reshaping cryptocurrency business operations worldwide.
Simplifying compliance in Web3
The Extractor platform serves as a comprehensive monitoring tool for crypto companies, ensuring they stay abreast of evolving compliance requirements. It is compatible with major blockchain networks such as Ethereum, Optimism, Binance Smart Chain, Gnosis, Polygon, Arbitrum, Base and Avalanche, making it highly accessible to a wide range of Web3 projects.
This compliance monitoring framework is the first of its kind in the Web3 area. Extractor optimizes regulatory compliance by integrating AML/CFT protocols, Total Value Locked (TVL) analysis, transaction tracking, and outstanding inventory detection into a unified compliance system. Unlike traditional solutions, the platform’s structured approach simplifies compliance processes while increasing security and operational efficiency.
