Archives

July 20, 2020 @ 10:21 pm By JD Alois  |  

CoolBitX and Elliptic have partnered to launch Sygna Bridge. a solution for virtual asset service providers (VASPs) to comply with the Financial Action Task Force (FATF) travel rule for crypto. CoolBitX is a blockchain security company. Elliptic is a crypto risk management firm. The collaboration… Read More

December 11, 2019 @ 8:23 am By JD Alois  |  

Elliptic, a crypto risk firm, has announced a service for traditional banks to help identify the flow of funds in and out of crypto. “Elliptic Discovery” is said to facilitate risk assessment for digital assets while covering 200+ exchanges and enabling banks to pursue new… Read More

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