Tagged: elliptic

November 20, 2019 @ 8:38 am By JD Alois  |  

Elliptic, a provider of crypto-asset risk management solutions, has launched a monitoring system for XRP (Ripple) transactions. Simultaneously, Elliptic claims they have identified “$400 million of illicit activity” without naming perpetrators nor specifically what type of illegal transactions are taking place. Elliptic notes that this… Read More

September 4, 2019 @ 10:33 am By Samantha Hurst  |  

Elliptic, a provider of crypto-asset risk management solutions for crypto businesses and financial institutions, announced on Wednesday it secured $23 million through its Series B funding round, which was led by SBI Group with participation from SignalFire, Octopus Ventures, and Santander Innoventures. Founded in 2013,… Read More

July 16, 2019 @ 9:48 am By JD Alois  |  

US Secretary of Treasury Steven Mnuchin held a press conference yesterday in advance of Capitol Hill hearings this week addressing concerns surrounding Facebook’s stablecoin Lira. Mnuchin cautioned the audience that Facebook, and any other crypto creator, must adhere to the high standards of KYC and… Read More

May 28, 2019 @ 7:23 am By Cali Haan  |  

The development team behind the “privacy coin” Monero has taken exception to a Reuters report profiling the coin and highlighting its use by criminals. “For a story that ‘examines the features and characteristics of some of the alternatives to Bitcoin that have grabbed the attention… Read More

May 24, 2019 @ 3:23 pm By Samantha Hurst  |  

Wirex, a hybrid personal finance platform that merges blockchain tech and traditional finance, announced on Friday it has strengthened its partnership with cryptocurrency safety services Elliptic to reduce the risk of cryptocurrency fraud and money laundering. According to Wirex, the duo has been working together… Read More

April 28, 2019 @ 6:07 pm By Cali Haan  |  

Israeli civic-defence groups have been sounding the alarm since January that the militant Palestinian-liberation organization Hamas has started raising funds via Bitcoin. And while donations of Bitcoins to Hamas so far pale in comparison to the millions of dollars Hamas is believed to receive from… Read More

February 24, 2019 @ 10:20 am By Cali Haan  |  

Alexander Vinnik, a Russian citizen accused of laundering billions while allegedly running the BTC-e Bitcoin exchange in London, has ended his 80-day hunger strike, Urdu Point reports. Vinnik was detained in the summer of 2017 after being arrested while vacationing in Greece with his family…. Read More