HSBC Invests in Elliptic, Boosting Blockchain Oversight
Blockchain analytics company Elliptic has gained a new heavyweight supporter. The London-based firm announced it has secured a strategic investment from HSBC, making it the only player in the sector backed by four globally systemically important banks (G-SIBs). Alongside HSBC, its investor roster now includes JPMorgan Chase, Santander and Wells
Telegram Dismantles $27 Billion Crypto Crime Empire
Telegram has officially shut down Haowang Guarantee, a notorious Chinese-language crypto black market that facilitated over $27 billion in illicit activity. The move comes after increasing scrutiny from blockchain investigators and journalists, bringing one of the world’s largest online crime syndicates to an abrupt end. Haowang, formerly operating under the
