CoinLoan, the only EU-licensed provider of crypto-loan products, has announced a new partnership with Elliptic, the global leader in cryptoasset risk management. As adoption and investment into crypto continues to increase, so does the risk of cybercrime. The range of cryptoassets and currencies is growing daily and with cybercriminals becoming smarter and devising new schemes to strip investors of their digital assets, it is imperative that crypto platforms such as CoinLoan provide users with industry-leading security. For this reason, CoinLoan has partnered with Elliptic, giving its users increased peace of mind that their loans and investments are safe from scammers.
The latest and biggest threat to crypto investors is from information stealers called cryware. Cryware exfiltrates data from noncustodial wallets which contain patterns used for private keys, seed phrases, or wallet addresses. It uses a technique known as clipping and switching in which the cryware replaces the victim’s copied wallet address with the attacker’s address. Once the funds have been transferred there is nothing the victim can do to reverse the transaction. As the only EU-licensed lending platform, CoinLoan prides itself on being at the cutting edge of industry developments, and cybersecurity is no exception, a mission that is shared with Elliptic.
Elliptic is a widely used, standard-setting cryptoasset risk management and blockchain analytics firmă:
- 66% of all crypto volume runs through exchanges using Elliptic, covering over 98% of the global trading volume.
- It provides actionable insights for 500+ cryptoassets and 100 billion+ data points.
- Its rich API programmatically alerts companies of funds and addresses involved in different types of fraud.
- Any suspicious transactions are marked for manual processing and investigation.
CoinLoan’s partnership with Elliptic will provide users with further confidence in the security of their digital assets and safe withdrawals, as well as signaling to other platforms that CoinLoan is a fully compliant business with the highest standards of AML and KYC compliance, making transactions run smoothly, quickly, and safely.
Alex Faliushin, CEO al CoinLoan, a spus:
„Am început această companie în 2017 cu visul de a construi cea mai sigură platformă de împrumut și schimb criptografic posibil. Respectarea regulilor din prima zi ne-a permis să oferim gateway-uri fiat convenabile și să le oferim utilizatorilor liniște sufletească. Pe măsură ce ne-am dezvoltat ca companie, angajamentul nostru față de acest obiectiv inițial rămâne, iar aducerea lui Elliptic în calitate de partener ne va asigura că clienții noștri – oamenii cărora ne-am angajat cel mai mult – se simt în siguranță și sprijiniți de CoinLoan.”
“Elliptic and CoinLoan share a commitment to building a safer ecosystem for crypto transactions,” said Tom Robinson, Chief Scientist at Elliptic. “By leveraging Elliptic’s solutions, CoinLoan ensures thorough monitoring of the broad range of cryptoasset transactions.”
The announcement of this partnership comes on the heels of CoinLoan’s own fraud detection team catching and putting a stop to what could have been a massive hack of the Trezor wallet, caused by a data breach at a popular email newsletter service. Both the prevention of this hack and CoinLoan’s new relationship with Elliptic reinforce the company’s ongoing mission to redefine the standards of cybersecurity and fraud prevention for the crypto industry.
Despre CoinLoan
CoinLoan is an EU-licensed crypto business that started as a project in 2017. Its platform offers Instant Loans against cryptoassets, Interest. Account in crypto, and Crypto Exchange. These services are rendered both to individuals and corporate entities with the exceptions as required by the applicable laws. We provide our clients with the highest security standards and insurance on assets, allowing both corporate and private customers to benefit from the highest levels of protection.
Ratele sale extrem de competitive pentru împrumuturi și APY, prețurile transparente și serviciul de asistență umană 24/7 au dus la reținerea și satisfacția clienților. Platforma CoinLoan permite schimbul și gestionarea unei game cuprinzătoare și în creștere de criptomonede, inclusiv tokenul și monedele fiat native.
Compania se concentrează pe inovarea continuă prin tehnologie și parteneriate de ultimă oră, aducând clienților îmbunătățiri și posibilități constante în lumea cripto.
Despre Elliptic
Elliptic is the global leader in cryptoasset risk management for crypto businesses and financial institutions worldwide. Recognized as a WEF Technology Pioneer and backed by investors including J.P. Morgan, Wells Fargo Strategic Capital, SBI Group, and Santander Innoventures, Elliptic has assessed risk on transactions worth several trillion dollars, uncovering activities related to money laundering, terrorist fundraising, fraud, and other financial crimes.
Source: https://cryptodaily.co.uk/2022/06/coinloan-partners-with-elliptic-to-bring-new-levels-of-crypto-security-to-customers