Elliptic Launches Anti-money Laundering Visualization Tool
London-based bitcoin analytics and security firm Elliptic announced that it has launched "The Bitcoin Big Bang," an interactive visualization that plots the emergence and interconnectivity of the key players in Bitcoin since its genesis in 2009. Elliptic describes The Bitcoin Big Bang as a breakthrough in bitcoin transaction monitoring and compliance....
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Bitcoin startup Elliptic has announced a new blockchain visualization tool that draws connections between several well-known dark markets and bitcoin exchanges. Called the 'Bitcoin Big Bang', the feature is part of an offering aimed at businesses looking to beef up their anti-money laundering efforts. The tool, which displays an interactive web of blockchain entities, shows how Silk Road, for example, connects to several 'Known Exchanges' currently operating. Elliptic CEO James Smith told CoinDesk the UK company intends to launch an API in July that will offer a broader range of....
UK-based Bitcoin analytics and security firm Elliptic today announced the launch of The Bitcoin Big Bang - an interactive visualization that marks the emergence and interconnectivity of key Bitcoin names since the cryptocurrency was first heard in 2009. The Bitcoin Big Bang is a landmark achievement in itself. The interactive visualization tool debunks the anonymity myth of the blockchain technology and tracks the flow of Bitcoin from one entity to another. Creating Confidence in Bitcoin. The visualization marks more than 250 large entities and identifies the historical transactions....
Elliptic, a Bitcoin analytics and security firm based out of London, announced 'The Bitcoin Big Bang' on Thursday. The software is a Bitcoin 'transaction monitoring and compliance' visualization that could identify in real time which Bitcoins are legal in a given jurisdiction. CoinTelegraph interviewed privacy researcher and security expert Kristov Atlas and market analyst Tone Vays to discuss their perspectives on privacy, price and compliance in relation to Elliptic's Bitcoin blockchain analytics. Elliptic's team of PhD data scientists and engineers have been working to map the 35 GB....
LexisNexis has joined forces with bitcoin blockchain surveillance firm Elliptic to restrict illicit transactions with the cryptocurrency, according to reports from Reuters. London-based blockchain startup Elliptic and LexisNexis are hoping that with their service they can include bank-grade Anti-Money Laundering (AML) regulations to the digital currency’s transactions. Who is LexisNexis? LexisNexis is a leading company that provides essential information to banks to adhere to AML controls. It helps 50 of the top 50 U.S banks to avoid crime, lessen business risk, and realize regulatory....
According to Reuters, a new partnership between LexisNexis and the London-based Elliptic aims to pool resources to prevent illicit bitcoin use and monitor money laundering through bank-grade tracking capabilities. Elliptic and LexisNexis: A Bank-Grade Bitcoin AML on the Horizon. LexisNexis Risk Solutions is a member of the multinational analytics firm....