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Blockchain

Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin Transactions

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Elliptic, a blockchain analytics firm, is delving into the intersection of artificial intelligence (AI) and anti-money laundering (AML) using data from $200 million worth of Bitcoin transactions, as reported by CoinDesk. This initiative underscores Elliptic’s commitment to leveraging cutting-edge technologies to enhance its AML solutions and combat financial crime in the cryptocurrency space.

By exploring the application of AI algorithms to analyze vast amounts of transaction data, Elliptic aims to strengthen its capabilities in detecting and preventing illicit activities such as money laundering and terrorist financing. The use of AI holds promise for augmenting traditional AML methods, enabling more efficient and accurate identification of suspicious transactions.

Elliptic’s exploration of AI-driven AML solutions signifies a significant step forward in the fight against financial crime in the cryptocurrency ecosystem. As regulatory scrutiny intensifies and compliance requirements become more stringent, the integration of AI technology into blockchain analytics is poised to play a crucial role in ensuring the integrity and security of digital transactions.

Overall, Elliptic’s initiative exemplifies the growing convergence of AI and blockchain technology in the realm of financial crime prevention. By harnessing the power of AI to analyze blockchain data, Elliptic aims to provide regulators, financial institutions, and cryptocurrency businesses with advanced tools to mitigate risks and uphold compliance standards in the evolving digital economy.

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Source: coindesk.com

The post Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin Transactions appeared first on HIPTHER Alerts.

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Andrew Cardno to speak on the session titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not)”

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Quick Custom Intelligence (QCI) is pleased to announce a must-attend session at the upcoming January 28–30, 2025, Raving Next: Indian Gaming Strategic Operations and Leadership Conference at Pechanga Resort Casino in Temecula, CA. This event will feature Andrew Cardno, CTO of QCI, as he delivers an in-depth exploration of the rapid technological evolution reshaping tribal gaming, including the impact of Artificial Intelligence (AI) and robotics on gaming floors and team members.

The signature session, titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not),” will take place on January 29, 2025, from 1:15 – 2:00 PM (Mainstage). Mr. Cardno’s presentation will discuss how casino operators can adopt these advanced tools while preserving core traditions and staying ahead of the competition.

“AI and robotics are no longer futuristic concepts in the tribal gaming space—they are here now,” said Andrew Cardno, CTO of QCI. “Our goal is to help operators confidently integrate these technologies and develop robust plans for sustainable success.”

The session will also feature insights from Deana Scott, CEO of Raving Consulting, who will offer guidance on seamlessly incorporating new technologies into tribal enterprise strategies, ensuring both guest experience and workforce well-being remain top priorities.

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“This isn’t about technology for technology’s sake,” noted Deana Scott. “It’s about finding the best fit for each tribal enterprise, ensuring the heart of our industry—our people and culture—remains at the forefront of decision-making.”

Attendees can expect to leave with practical approaches to integrating and leveraging emerging technologies in ways that reinforce the unique strengths of tribal gaming, enhance operational efficiency, and empower team members.

The post Andrew Cardno to speak on the session titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not)” appeared first on News, Events, Advertising Options.

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Blocks & Headlines: Today in Blockchain (Ethereum, Quantum Emotions, Pepeto, Zeus Investments, AgileGTM)

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Ethereum’s Challenges Highlight the Importance of Blockchain Integrity

Ethereum, once hailed as the undisputed king of smart contract platforms, is facing mounting criticism over scalability issues and increasing centralization concerns. Critics argue that Ethereum’s looming challenges serve as a cautionary tale about the importance of maintaining blockchain integrity in the pursuit of innovation.

The network’s shift to proof-of-stake has introduced debates about validator centralization and network control. As transaction fees remain high and competition from newer blockchains intensifies, Ethereum’s journey underscores the delicate balance between growth and decentralization in the blockchain ecosystem.

Source: Bitcoin Magazine

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Quantum Emotions Introduces Revolutionary Quantum Wallet

Quantum Emotions, a pioneering quantum technology firm, has unveiled its groundbreaking quantum wallet designed to provide unprecedented security for blockchain users. Leveraging quantum random number generators, the wallet ensures ultra-secure private key management and protection against emerging quantum threats.

As the blockchain industry prepares for a quantum computing era, innovations like this wallet highlight the need to future-proof digital assets. Quantum Emotions’ solution is a step forward in safeguarding the integrity of blockchain transactions in an increasingly complex technological landscape.

Source: Finance Yahoo

Pepeto Simplifies Cross-Chain Trading for Blockchain Users

Pepeto, a trailblazer in the blockchain space, is revolutionizing cross-chain trading with its user-friendly platform. By simplifying blockchain transfers across different networks, Pepeto addresses a significant pain point for users navigating the complexities of decentralized finance (DeFi).

The platform’s intuitive interface and efficient protocols enable seamless asset transfers while reducing transaction costs and processing times. As interoperability becomes a crucial factor in the blockchain sector, Pepeto’s innovation is set to reshape how users interact with decentralized ecosystems.

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Source: Bitcoinist

Zeus Investments Launches Blockchain Research Division

Zeus Investments has announced the launch of its dedicated blockchain research division, aimed at driving innovation and identifying strategic opportunities in the blockchain sector. The division will focus on exploring emerging technologies, evaluating market trends, and fostering partnerships with industry leaders.

By committing resources to blockchain research, Zeus Investments signals its belief in the transformative potential of decentralized technologies. This initiative underscores the growing interest among traditional financial institutions in harnessing blockchain’s disruptive capabilities.

Source: Finance Yahoo

AgileGTM Blockchain Fund Secures $2M in First Close of $10M VC Fund

AgileGTM has achieved a significant milestone by securing $2 million in the first close of its $10 million pan-European blockchain venture capital fund. The fund aims to support early-stage blockchain startups across Europe, focusing on innovative solutions in areas such as DeFi, NFTs, and enterprise applications.

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This development highlights the increasing appetite for blockchain investment and the role of venture capital in accelerating the growth of the industry. AgileGTM’s initiative reflects the potential for blockchain to drive economic transformation and innovation across diverse sectors.

Source: Tech.eu

 

The post Blocks & Headlines: Today in Blockchain (Ethereum, Quantum Emotions, Pepeto, Zeus Investments, AgileGTM) appeared first on News, Events, Advertising Options.

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xPortal Acquires Alphalink to Drive Innovation at the Intersection of AI and Crypto

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xPortal, the AI-powered DeFi super-app, has acquired Alphalink, a Berlin-based Web3 startup recognized for delivering delightfully simple crypto experiences through its mobile app. The acquisition marks a major milestone in xPortal’s goal to simplify crypto and financial investing.

With over 2.5 million users and a 4.8-star rating from 70K+ app store reviews, xPortal combines crypto, real-world functionality, and AI into a single, user-friendly mobile app.

xPortal launched in 2023 as the wallet for the MultiversX blockchain (prev. Elrond) and quickly expanded into multi-chain territory, integrating Bitcoin, Ethereum, Solana, Polygon and more.

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As part of its growth strategy, xPortal is raising capital in an anticipated oversubscribed round while making a full-scale push into AI, expanding into the U.S. and launching a native token to its ecosystem

Active xPortal users will also benefit from lucrative opportunities that will further fuel the ecosystem.

Empowered Leadership

 

Through the acquisition, xPortal brings seasoned FinTech and crypto innovators Marko Bradic as Co-founder and Chief Product Officer (CPO) and Mohit Tilwani as Co-founder and Chief Technology Officer (CTO) to complement the dream team together with Sergiu Biris, Co-founder and CEO of xPortal.

  • Marko Bradic (ex-CEO of Alphalink) previously scaled Trade Republic – the $5B European Robinhood backed by Sequoia – to 4 million users, €180 million in annual revenue, and €35 billion in AUM.

  • Mohit Tilwani (ex CTO of Alphalink) brings over a decade of engineering experience to xPortal. Served as the first engineering lead at Trade Republic, he scaled systems to support 8 million customers.

  • Sergiu Biris (CEO of xPortal) is a serial entrepreneur with over 20 years of experience. He was the co-founder of LiveRail, a video advertising platform acquired by Facebook (now Meta) in 2014 for $500 million.

“Marko and Mohit’s experience in building and scaling world-class fintech products aligns perfectly with xPortal’s mission to make crypto easy to use and accessible to everyone. Their expertise strengthens our vision of blending crypto and AI with real-world utility. I’m extremely excited about what we’re going to be building together in the years to come.” – Sergiu Biris, Co-founder and CEO of xPortal

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Beniamin Mincu, Co-founder and CEO of MultiversX added: “Through the acquisition of Alphalink xPortal is taking a bold step towards the future. One where crypto is merging with AI to deliver the best experiences to everyday users. xPortal started as a core part of MultiversX and, driven by this team of world class founders, is now becoming independent, creating its own story. I believe xPortal is poised to drive global crypto adoption, bringing unparalleled value to its users and the broader Web3 space.”

DeFi to DeFAI: What if your money had Brains?

Leading the paradigm shift from DeFi to DeFAI, xPortal is transforming how users interact with money. Making crypto easy and accessible for everyone, xPortal is building a vertically integrated network of specialized DeFAI agents that work autonomously, simplifying complex user tasks and removing onboarding and engagement friction through seamless chain management.

With features like effortless on-off ramps, cross-chain trading, staking, Web3 dApp integration, and Mastercards for everyday payments, the super-app bridges the gap between crypto and real-world utility.

The post xPortal Acquires Alphalink to Drive Innovation at the Intersection of AI and Crypto appeared first on News, Events, Advertising Options.

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