Huobi launches a tool to monitor illicit crypto transactions, similar to Chainalysis
According to a recent research report written by the blockchain surveillance firm Elliptic, there’s been a massive influx of darknet market (DNM) vendors selling personal protective equipment (PPE) like masks and coronavirus test kits. The spike in medical equipment sales on the invisible web during the month of March, follows Ebay and Amazon’s decision to […]
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Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money from millions of customer accounts to unauthorized accounts, and misusing customers’ sensitive […]
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Wells Fargo invests in crypto compliance firm Elliptic
European crypto companies have a countdown clock on regulations kicking in on Jan. 10 next year. So how are they preparing?
SBI Group-backed crypto compliance firm Elliptic launches a new tool that will allow banks to work more closely with crypto exchanges
Crypto compliance firm Elliptic raises $23 million in funding round led by Japanese financial powerhouse SBI Holdings
A recently published U.S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through social media posts and issue subpoenas to make sure U.S. residents are paying taxes on […]
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In order to help banks comply with a growing set of regulations, Elliptic is building a platform that enables banks and other businesses to gain more visibility into crypto transactions and identify illicit activity on the blockchain.
The post How Elliptic’s Blockchain Analysis Brings Visibility to Crypto Transactions appeared first on Bitcoin Magazine.
In this edition of The Daily we cover the next step in the crypto strategy of the Opera browser, a new tax reporting tool for major cryptocurrency investors from EY, a response from Coinbase’s former surveillance partner Elliptic, and an update on hacked New Zealand exchange Cryptopia. Also Read: Gibraltar Exchange to List Bitcoin Cash […]
The post In the Daily: Opera Browser, EY Tax Tool, Elliptic, Cryptopia Exchange appeared first on Bitcoin News.