The devastating California wildfires have destroyed thousands of homes, consumed over 40,000 acres of land, and claimed numerous lives, leaving communities reeling from the destruction. Beyond the human toll, pets, wildlife, and livestock are also bearing the brunt of the crisis, with many animals left burned, injured, or displaced. In response, popular memecoin cat in … Continued
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The countdown is on for the highly anticipated 14th Blockchain Forum, set to take place in the heart of Moscow on April 23-24, 2025.As the CIS market continues to solidify its global role in the cryptocurrency industry, this year’s forum is expected to attract over 15,000 participants, featuring some of the most influential names in … Continued
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NEXT BASKET is a software platform for building online stores based on artificial intelligence. Sales are currently taking place on 4 continents. The company has already released for private sales its NEBA token with a price of $0.04 NEXT BASKET, with the help of sales revenue from NEBA Token, lays the foundation for the world’s … Continued
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MemeBox is a flagship one-stop platform for Meme services launched by Gate Web3. Thanks to the rapid development of the Meme ecosystem, MemeBox attracted significant attention from investors upon its release, quickly becoming a focal point in the market. At the start of 2025, as the number of MemeBox users continues to hit new highs, … Continued
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BounceBit and Elliptic partner to improve regulatory compliance, security and safety across their ecosystem by leveraging advanced AML and blockchain analytics solutions.
BounceBit announced a partnership with Elliptic. Elliptic is a leading provider of blockchain analytics and regulatory compliance software. According to BounceBit, this collaboration is intended to improve the security and compliance within BounceBit’s ecosystem. This includes its Real World Assets, CeDeFi offerings and the BounceBit chain.
Strengthening compliance standards
Compliance with regulatory requirements is essential for building trust in the digital asset market. BounceBit’s integration of Elliptic’s advanced Blockchain analytics and Anti-Money Laundering solutions (AML), underscores its commitment towards maintaining rigorous compliance standards. BounceBit will be able to monitor transactions on multiple blockchain networks and implement robust AML protocol, improve risk management, as well as ensure global regulatory compliance.
BounceBit Chain Enhanced Security
This partnership has a significant element in the use of Elliptic’s analytics capabilities to the BounceBit Chain. This integration will allow BounceBit enhanced visibility into the blockchain activities. It will also enable BounceBit detect and prevent suspicious activity in real time, ensure transaction integrity and maintain comprehensive audit trail, as well as protect user assets by advanced risk monitoring.
Supporting Multi-Chain Operation
Elliptic’s solutions are crucial in maintaining security and regulatory compliance on all networks supported by BounceBit as it expands its cross chain capabilities. They will use their analytics platform to help BounceBit monitor, secure and manage transactions across multiple blockchain ecosystems. This will ensure a seamless user experience.
Commitment to Regulatory excellence
BounceBit is positioned as a leader for regulated digital assets services thanks to its partnership with Elliptic. Elliptic is recognized as the gold standard of crypto compliance. BounceBit's RWA and CeDeFi services bridge the gap between traditional financial institutions and DeFi. Maintaining robust compliance frameworks is therefore essential as BounceBit continues to grow.
Look Ahead
This integration is more than a compliance upgrade. It's a strategic investment for BounceBit. This partnership will help BounceBit maintain the highest levels of regulatory compliance and security as it continues to expand and innovate.
About Elliptic
Elliptic, a global leader for cryptoasset risk and investigative management solutions, serves crypto businesses, financial institutions and government agencies around the world. Elliptic was founded in 2013 in London, with offices in New York City, Washington D.C. and Singapore.
BounceBit
BounceBit is a pioneer in CeDeFi infrastructure. It offers institutional-grade yields, restaking uses cases, Real World Asset Integration (RWA), and CeDeFi services, making high-yielding opportunities available to everyone.
MAGAVERSE, a memecoin project, has made a $1,000,000 donation to organizations endorsed by former President Donald Trump. The donation, aimed at supporting MAGA initiatives and advancing shared goals, highlights MAGAVERSE’s role in both the cryptocurrency space and broader societal efforts. This bold move matches the $1,000,000 contributions from industry leaders like Mark Zuckerberg and Jeff … Continued
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Gate.io SOLV spot trading will go live on January 17th, 2025, at 18:00 (UTC+8). Once trading begins, users will be able to stake SOLV tokens to earn high returns. As a top exchange for listing new assets, Gate.io is committed to swiftly supporting high-quality projects while fostering a user-friendly ecosystem. By introducing top-tier projects, Gate.io … Continued
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