Blockchain analytics firm Elliptic has broadened its monitoring to cover 50+ blockchain networks, addressing the growing complexity of crypto investigations. Data shows that approximately 33% of cross-chain crime spans three or more blockchains, demanding enhanced tracking tools.
The upgrade enables real-time risk detection for financial institutions, helping combat illicit transactions. Elliptic’s CTO, Jackson Hull, stressed the need for precise blockchain data to ensure compliance and security in the evolving multi-chain crypto landscape.