Elliptic Partners with Security Firm for Bitcoin AML Platform

London-based bitcoin firm Elliptic has been awarded 'Security Project of the Year' by The Banker magazine. In its second edition, The Banker's Technology Projects of the Year awards, claim to celebrate the 'most innovative and transformational contributions to financial services technology around the world'. Adam Joyce, CTO and co-founder, said in a company post that the award reflected the increasing legitimisation of blockchain technologies and Elliptic's success in building confidence and trust in the bitcoin market. The news comes after the launch of Elliptic's latest product, the....

Elliptic and Gem have announced a new partnership today that will involve Elliptic acting as a trusted and independent third party for the purposes of securely storing the third (backup) private key used on the Gem platform. In the past, multisig wallet users have been in control of their own backup private keys, but this new offering from Gem and Elliptic could offer a higher level of security for individuals who do not wish to take care of their own backup solutions. Up to this point, Elliptic has been an insured bitcoin storage provider for a variety of banks and exchanges who need to....

In a post penned by the CTO & Co-Founder, Dr. Adam Joyce, UK-based Bitcoin analytics firm Elliptic has announced that it has been awarded Security Project of the Year award by the leading financial magazine, The Banker. The Banker's Technology Projects of the Year awards are among the highly coveted in the industry. This year, the magazine received 270 submissions in various categories such as risk management, security, social media, strategic transformation, trading, payments, developers APIs, data and several others. Other winners included JPMorgan Asset Management, BNY Mellon,....

Bitcoin vault service provider Elliptic has partnered with the developer-focused Bitcoin platform provider Gem to further enhance the security of their multi-signature wallets. Elliptic made an official announcement regarding the same on its twitter page today. Generally, a multi-signature Bitcoin wallet needs three unique private keys for the authorization of a transaction. The owner of the wallet holds two of these private keys while the wallet provider holds the third. As per the information conveyed, Elliptic will act as a trusted and independent third party to provide insured storage....

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 that will help "Bitcoin startups thoughout the UK gain banking services" according to Elliptic COO Dr. Tim Robinson. Elliptic has harnessed the underlying technology supporting the visualization to deliver a full suite of anti-money laundering....