Fintech start-up Elliptic raises £3.5m to launch crackdown on suspicious blockchain and bitcoin transactions March 21, 2016 London and New York-based blockchain intelligence firm Elliptic has received $5m (£3.5m) in Series A funding to help crackdown on bitcoin crime, it announced today. Elliptic, which launched in 2013, uses graph analysis and machine learning to identify illicit activity in blockchain transactions. Blockchain, a decentralised ledger of transactions, is the technology underpinning cryptocurrencies such as bitcoin. The funding boost [...]
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