Blockchain Analytics

https://www.shutterstock.com/image-photo/two-circular-convex-lens-different-focus-1579926325Blockchain Analytics

Blockchain Sleuthing Firm Elliptic Adds 87 Crypto Assets in Arms Race With Chainalysis

Ian AllisonMay 20, 2020

Crypto sleuthing firm Elliptic has added 87 new tokens to its analytics offering, expanding its reach to 97% of digital assets by trading volume.

https://www.shutterstock.com/image-photo/zagreb-croatia-march-2018-coinbase-android-1040353660?src=q6wBZITtUg-Mj1cQ-7lYpA-1-12TokenAnalyst

Crypto Forensics Firm TokenAnalyst Shuts Down, Some Employees Hired by Coinbase

Nikhilesh DeMay 5, 2020

TokenAnalyst is shutting down after 2.5 years of operations, with some employees moving on to new roles at Coinbase.

https://www.shutterstock.com/image-photo/zcash-cryptocurrency-mining-using-graphic-cards-1011387571Blockchain Analysis

Elliptic Follows Chainalysis in Adding Zcash to Monitoring Platform

Ian AllisonJun 30, 2020

Elliptic, the blockchain analysis company, has added privacy coins zcash and horizen to its monitoring platform.

Investments

Wells Fargo Invests $5M in Startup Connecting Crypto Exchanges and Banks

Ian AllisonFeb 13, 2020

Banking giant Wells Fargo is backing blockchain forensics firm Elliptic.

Human Trafficking

CipherTrace to Tackle ‘Modern-Day Slavery’ With Crypto Analytics

Paddy BakerDec 20, 2019

The blockchain security firm has partnered with the Anti-Human Trafficking Intelligence Initiative (ATII) to fight human trafficking.

Blockchain Analytics

Layoffs

Blockchain Sleuthing Firm Chainalysis Slashes 20% of Workforce

Danny Nelson

Chainalysis laid off 39 employees Thursday citing the need for a "path to profitability."

Chainalysis said better enforcement of AML/KYC rules and more informed regulation around the crypto space can help mitigate the number of scams and illicit activities conducted using cryptocurrencies in its new crime report. (Image via CoinDesk archives)
Venture Capital

PayPal Joins $4.2M Round for Crypto Banking Compliance Startup

Zack Seward

Reddit founder Alexis Ohanian’s Initialized Capital, Blockchain Capital and PayPal Ventures are backing TRM Labs in its effort to help financial firms manage crypto risk.

Image: TRM Labs co-founders Esteban Castaño and Rahul Raina, courtesy of TRM Labs
Venture Capital

Flipside Crypto Raises $7.1 Million to Give Tokens Better Analytics

Leigh Cuen

This firm taps blockchain analytics across hundreds of projects to reveal what really makes prices go up.

Team image via Flipside Cypto
Crime

MIT-IBM AI Lab Analyzed 200,000 Bitcoin Transactions. Only 2% Were Labeled ‘Illicit’

Leigh Cuen

Blockchain analytics firm Elliptic collaborated with researchers to analyze $6 billion worth of bitcoin transactions.

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FATF

Chainalysis Adds Real-Time Transaction Monitoring for 4 More Cryptos

Yogita Khatri

Blockchain compliance startup Chainalysis has added support for Binance’s native token BNB and three stablecoins to its transaction monitoring tool.

https://www.shutterstock.com/image-photo/chart-magnifying-glass-pile-coins-analyzing-286221077?src=fwlzeBKDpAcqY10xMdBjew-1-41
Crime

Malta Teams With Crypto Security Firm to Manage Financial Crimes Risk

Daniel Palmer

Malta is turning to crypto sleuthing startup CipherTrace for technical help addressing the risk of financial crimes in its digital asset industry.

https://www.shutterstock.com/image-photo/valletta-malta-city-skyline-colorful-house-1032221677