News
Several financial institutions in the U.S. are “are seriously considering launching some type of cryptocurrency service,” an Elliptic co-founder said.
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Elliptical News
Elliptic is a British technology company fighting against criminality in the crypto industry by tracking suspicious transactions. Elliptic was founded by James Smith, Tom Robinson and Adam Joyse in the United Kingdom in 2013. Currently, the main offices of Elliptic are headquartered in London, San Francisco and Washington D.C. According to the official website of Elliptic Tracker, they are the first company to provide cryptocurrency risk intelligence. In 2015, Elliptic presented the launch of the first ever cryptocurrency risk intelligence tool. In 2016, Elliptic expanded into the United States and, the same year, launched an investigation service. Since 2017, the company has been working with various financial establishments.
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CEO Michael Ou says Elliptic’s wallet screening tools with CoolBitX’s Sygna Bridge could help firms comply with the FATF travel rule.
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Huobi launches a tool to monitor illicit cryptocurrency transactions.
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Wells Fargo’s investment branch added $5 million to Elliptic’s Series B round, which will help fuel Asian expansion and the development of a compliance solution for banks.
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New legislation called 5AMLD places crypto firmly under the EU’s regulatory umbrella.
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Elliptic Discovery collects details of more than 200 crypto exchanges to enable banks to manage risks associated with crypto.
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Cryptocurrency compliance company Elliptic raises $23 million in a funding round led by SBI Holdings, among other companies.
2997 Cointelegraph presents its new Fintech and Blockchain Jobs page meant to help companies and professionals find each other in the multi-billion dollar Blockchain industry.
566Elliptic’s partnership with IWF would likely be the beginning of Bitcoin being less attractive to a variety of users, including those who want it for illegal and ideological reasons.
6772015 is turning out to be the Year of The Blockchain, as the business world, particularly the banking industry, has seen the light of this advanced technology.
1189Defunct Bitcoin exchange Mt. Gox is said to have ran out of money six months before it filed for bankruptcy; an Australian government inquiry has set the stage for Bitcoin to be treated like a national or foreign currency, and news
392A security expert is expected to unveil a new app that is able to crack remembered passphrases, Los Angeles startup Verisart will use the Blockchain to verify artwork authenticity, and more news
518Elliptic, a Bitcoin analytics and security firm based out of London, announced 'The Bitcoin Big Bang' on Thursday.
1720One of the agents with stealing bitcoins from Silk Road will plead guilty; the European Banking Authority believes a 51% attack is Bitcoin’s biggest threat and more news
711Elliptic, an enterprise services company focusing on digital currency, has announced a new partnership with Bitcoin API developer Gem.
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