Blockchain Intelligence Company Elliptic Raises $60 Million — Evolution Equit...
On Monday, the blockchain intelligence firm Elliptic announced the company has raised $60 million in a Series C financing round. Elliptic plans to leverage the capital to expand the team and “accelerate” blockchain research and development (R&D). Elliptic Raises $60 Million to Bolster Expansion There’s been a number of capital investments and finance injections directed at companies within the crypto ecosystem. On October 11, the blockchain surveillance company Elliptic revealed the firm has raised $60 million from strategic investors. Elliptic highlights....
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London-based Bitcoin Blockchain surveillance and forensic compliance intelligence startup Elliptic has secured $5 million in a Series A funding round led by Paladin Capital Group. The round also gained support from Santander InnoVentures, KRW Schindler, Digital Currency Group and existing investor, Octopus Ventures. A press release by Elliptic has announced that the firm has raised $5 million in Series A funding round. The new capital, according to the announcement will help enable Elliptic to further strengthen its position as a leading player in blockchain compliance, fraud detection and....
Elliptic, a bitcoin surveillance startup based in the United Kingdom, has raised US$5 million from prominent venture capital firms and angel investors to identify illicit activity on the Bitcoin blockchain and provide actionable intelligence to financial institutions and law enforcement agencies. James Smith, one of the co-founders of Elliptic stated that the company’s software implements an artificial intelligence-based technology to explore the Bitcoin blockchain network for patterns of suspicious transactions and activity. The Elliptic platform can be used by online exchanges and law....
Bitcoin surveillance startup Elliptic has raised $5m in Series A funding in a round that involved a private equity firm with strong US defense and intelligence connections. Paladin Capital Group led the round, which also drew support from Santander InnoVentures, KRW Schindler, Digital Currency Group and Octopus Ventures, an existing investor in the firm. Paladin counts former National Security Agency director and retired Lieutenant General Kenneth Minihan among its leadership. The firm, according to its website, invests primarily in companies focused on defense, cybersecurity and....
With more than 68,000 URLs identified as containing child sexual abuse images, and Unicef Malaysia estimating two million children across the globe are affected by sexual exploitation every year, blockchain intelligence firm Elliptic and non-profit the Internet Watch Foundation have partnered to clamp down on Bitcoin’s role in procuring child sex abuse images. The IWF has provided its database of Bitcoin addresses associated with child sexual abuse content to Elliptic which will integrate the data set into its transaction monitoring and investigation products so as to automatically alert....
According to the blockchain intelligence firm Elliptic, cybercriminals are leveraging cryptocurrency analytics to get ahead of law enforcement. Elliptic says a “blockchain analytics tool has been launched on the dark web” and the tool is called “Antinalysis.” Meet the Blockchain Analytics Tool ‘Antinalysis’ Hosted on Tor On August 13, the blockchain surveillance company Elliptic published a blog post that details how the firm discovered a blockchain analytics tool that is leveraged by cybercriminals to protect themselves. The tool dubbed....