Tagged: elliptic

October 30, 2026 @ 7:54 am By Omar Faridi  |  

On October 29, 2026, Binance, the world’s largest cryptocurrency exchange by trading volume, suffered a security incident in which attackers drained roughly $6.3 billion to $6.36 billion in digital assets from its hot wallets across approximately ten blockchains. Blockchain analytics firms, including TRM Labs and… Read More

August 2, 2026 @ 5:23 pm By Omar Faridi  |  

Elliptic has pointed out that A7A5 emerged as a specialized digital asset designed to help Russian firms navigate international restrictions. Pegged to the ruble and launched in early 2025 by entities tied to sanctioned Russian interests, including a state-linked bank and a controversial figure with… Read More

July 27, 2026 @ 8:14 am By Omar Faridi  |  

Elliptic has noted that Crypto ATMs, often called Bitcoin ATMs because of the cryptocurrency’s dominance, provide a straightforward way for people to convert physical cash into digital assets. While these machines serve legitimate customers, they have also become a favored tool for fraudsters. Scams typically… Read More

July 18, 2026 @ 2:30 pm By Tony Zerucha  |  

Elliptic launches continuous monitoring Elliptic’s solution gives crypto compliance teams a continuously accurate view of customer risk rather than a picture frozen at the last screening. It pairs event detection with fully configurable alerting. Continuous Monitoring detects the full range of risk-changing events rather than… Read More

July 13, 2026 @ 12:37 am By Omar Faridi  |  

Elliptic has pointed out that on July 1, 2026, the transitional arrangements under the European Union’s Markets in Crypto-Assets regulation (MiCA) officially conclude. This development represents a major shift for the cryptocurrency sector, as full authorization becomes mandatory for any crypto-asset service provider serving clients… Read More

July 10, 2026 @ 1:21 am By Omar Faridi  |  

The UK Financial Conduct Authority (FCA) recently released rules to oversee the digital assets market, a significant milestone in the country’s efforts to create a regulatory environment for crypto. The rules include regulations for trading platforms/intermediaries, custody, lending/borrowing, staking, and more. These measures, scheduled to… Read More

July 9, 2026 @ 9:50 am By JD Alois  |  

Circle Ventures, part of stablecoin issuer Circle (NYSE:CRCL) has invested in Elliptic, a prominent digital asset intelligence firm. The terms of the investment were not immediately available. According to a public statement, Elliptic has joined Circle’s Agentic Design Partner Program, an initiative to shape compliance… Read More

July 5, 2026 @ 9:16 pm By Omar Faridi  |  

Elliptic has pointed out that recent discussions at the Point Zero Forum in Zurich have brought renewed attention to the practical difficulties of integrating artificial intelligence into financial compliance programs. In a detailed reflection released shortly after the session, Mark Aruliah—former regulator at the UK’s… Read More

July 3, 2026 @ 2:54 am By Omar Faridi  |  

Elliptic indicated that the fast-moving ecosystem of digital assets frequently involves risk assessments performed at digital onboarding times or during initial reviews but these can quickly lose relevance. Elliptic also explained that  blockchain activity evolves rapidly through new transactions, shifting associations, and updated intelligence on… Read More

June 26, 2026 @ 2:44 am By Omar Faridi  |  

Elliptic believes that Hong Kong has emerged as one of the most attractive destinations for institutional players seeking to engage with digital assets. Its carefully constructed regulatory environment is providing the clarity and infrastructure that traditional financial institutions need to participate at scale. The company… Read More

June 25, 2026 @ 12:37 am By Omar Faridi  |  

Elliptic has pointed out that US authorities have dealt another major blow to one of the largest criminal networks exploiting cryptocurrency, seizing cloud computing resources used by subsidiaries of Cambodia’s Huione Group. The action relied on detailed blockchain intelligence supplied by Elliptic, a leading firm… Read More

June 17, 2026 @ 12:41 pm By Omar Faridi  |  

Blockchain intelligence firm Elliptic has indicated that in the fast-growing global ecosystem of cryptocurrency and distributed ledger technology (DLT), transparency has (by design) been built into the technology itself. Elliptic explained that every transaction on public ledgers is visible and accessible via block explorers. Yet… Read More

June 12, 2026 @ 7:03 pm By Omar Faridi  |  

Blockchain intelligence firm Elliptic has indicated that Thailand has firmly established digital assets as part of its financial ecosystem. The country is now focusing on practical integration questions: how to embed them into capital markets, structure investor access, and shape the market’s future development. According… Read More

June 5, 2026 @ 1:23 pm By Omar Faridi  |  

On June 2, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) took significant action by designating four prominent Iranian cryptocurrency platforms—Nobitex, Wallex, Bitpin, and Ramzinex—along with key individuals associated with Nobitex. This move underscores ongoing efforts to disrupt financial networks… Read More

May 27, 2026 @ 3:37 am By Omar Faridi  |  

On May 26, 2026, the United Kingdom imposed a significant new sanctions package targeting 18 cryptocurrency-related entities and individuals deeply embedded in networks that facilitate Russia’s circumvention of international trade restrictions. This action, issued by the Foreign, Commonwealth and Development Office (FCDO), highlights the role… Read More

May 21, 2026 @ 9:33 pm By Omar Faridi  |  

Blockchain analytics firm Elliptic has announced full integration with Kaia, a an EVM-compatible Layer-1 network designed to power regulated stablecoin payments and on-chain services across Asia. The latest partnership equips compliance and investigation professionals with comprehensive real-time and historical visibility into one of the region’s… Read More

May 15, 2026 @ 7:19 pm By Omar Faridi  |  

Elliptic has shared insights after the US Senate Committee on Banking, Housing, and Urban Affairs has advanced the Digital Asset Market Clarity Act—widely referred to as the CLARITY Act. The legislation cleared the committee on a 15-9 vote during a recent markup session, positioning it… Read More

May 12, 2026 @ 11:33 am By JD Alois  |  

Elliptic has raised $120 million in Series D funding at a pre-money valuation of $670 million. The round was led by One Peak, with participation from Nasdaq Ventures, Deutsche Bank, and the British Business Bank. Founded in 2013, Elliptic is headquartered in London with offices… Read More

May 7, 2026 @ 7:07 am By Omar Faridi  |  

Elliptic pointed out that in law enforcement and regulatory investigations, case deconfliction—ensuring different teams do not unknowingly pursue the same targets—is a routine safeguard. Yet when cryptocurrency is involved, many agencies still struggle to implement it effectively. The obstacle is not a lack of awareness… Read More

May 1, 2026 @ 10:40 am By Omar Faridi  |  

Elliptic pointed out that global regulators are now focused on paving clearer pathways for financial institutions to engage with digital assets. According to the latest insights from the blockchain analytics provider, the core focus has now seemingly shifted from whether to participate to how well-prepared… Read More