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In the aftermath of the colossal $6.3 billion Binance hack, which saw 18,270.2 BTC drained from the crypto exchange’s wallet, onchain intelligence and blockchain analytics firm Elliptic has revealed that…
Funds stolen from Binance passed through approximately 12,000 wallets in under four days, Elliptic found. The operation spanned 11 blockchains, while the firm assessed that only a negligible amount had…
Blockchain surveillance firm Elliptic has raised $120 million in a Series D funding round as traditional finance heavyweights move to cement their positions in the digital asset sector. The investment…
Elliptic, the firm which Wall Street Journal sourced the data from, said it was “pleased” to see the news outlet acknowledge its mistakes.
The sanction of cryptocurrency mixer Tornado Cash in August caused the first major shift, but that is now accelerating even faster than projected.
Criminals have moved away from using Bitcoin for money laundering, with stablecoins emerging as an alternative due to accessibility.
An Elliptic report commissioned by Nikkei says Asian countries account for over 60% of losses to North Korean hacker and ransomware users; lax security played a role.
A leading marketplace on the dark web, Solaris, has been hit by a rival, according to crypto analytics company Elliptic. The Russia-linked platform, which tried to occupy space vacated by…
A handful of obfuscation protocols are competing for the user base of OFAC-sanctioned Tornado Cash.
Forecasts predict cryptocurrency criminals laundering more than $10 billion through cross-chain bridges by 2025, leading to calls for holistic screening solutions.