In recent developments, Elliptic has revealed a significant expansion in their blockchain coverage, now monitoring over 50 networks, a feat that positions them as the industry leader. This advancement comes at a crucial time as investigations show that cross-chain activity in the crypto space is on the rise. According to their data, 33% of complex investigations involve more than three blockchains, while 20% span across ten or more. This trend highlights the increasing necessity for comprehensive cross-chain visibility to detect and trace illicit on-chain activity.As digital assets become more integrated and assets frequently shift across various networks, Elliptic’s expansion of blockchain visibility is more imperative than ever. The platform enhances real-time insights and risk detection while ensuring compliance solutions for businesses navigating the evolving digital landscape. By onboarding new blockchains in as little as three weeks, Elliptic empowers organizations to maintain compliance effectively in a complex regulatory environment.Their robust platform is designed for compliance teams and regulators, offering actionable insights into blockchain activity beyond just identifying illicit behavior. With the ability to conduct precise risk assessments and strategic decision-making, Elliptic equips companies to manage complex transaction flows efficiently.This latest growth emphasizes Elliptic’s commitment to being a reliable source of blockchain intelligence, with the platform currently serving over 500 financial institutions globally. As digital asset activities increase, having access to quality data and intelligence will be pivotal for investors in $BTC, $ETH, and other cryptocurrencies as they aim to stay ahead.Stay updated, and remember that the crypto world is ever-evolving. memecoin #crypto #solana #Ethereum #ai #bitcoin #cryptocurrency⚠️ Disclaimer: This analysis is for informational purposes only and should not be considered financial or investment advice. via /r/Blockmandev https://ift.tt/vQGntAZ
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