Tag: Elliptic

Why Criminals Shouldn’t Use Bitcoin for Illegal Activities

Ever since its birth in 2008, bitcoin has been involved in various hacking attacks, data breaches and illegal activities. From 2014 to 2015, the number of hacking groups and criminals using bitcoin to demand ransoms increased to a point in which law enforcement agencies had to step in to regulate fraudulent transactions. Because of the growing use of bitcoin in illicit transactions, the mainstream media has always portrayed bitcoin negatively …
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Banks Look At Elliptic To Remove Blockchain Anonymity

Banks and other established players in the financial market are closely exploring the use cases for blockchain technology. As a result of this increased interest, there is a growing demand for blockchain service providers such as Elliptic. In fact, banks are willing to throw a lot of money at these types of companies, rather than to try to develop their blockchain based solution in-house from scratch. Although Elliptic has raised …
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