Elliptic – DIGIT INFO

Wall Street Journal corrects article misciting Hamas’ crypto terrorism funding data

Elliptic, the firm which Wall Street Journal sourced the data from, said it was “pleased” to see the news outlet acknowledge its mistakes.

Go to Source

Criminals more reliant on cross-chain bridges than ever after mixer crackdowns

The sanction of cryptocurrency mixer Tornado Cash in August caused the first major shift, but that is now accelerating even faster than projected.

Go to Source

Bitcoin no longer asset of choice for criminals – former Elliptic crypto advisor

Criminals have moved away from using Bitcoin for money laundering, with stablecoins emerging as an alternative due to accessibility.

Go to Source

Atomic Wallet hackers turn to OFAC-sanctioned Garantex: Elliptic

Stolen loot crypto from Atomic wallets has started passing through sanctioned Russian-based exchange Garantex, according to Elliptic.

Go to Source

Atomic Wallet hacker sends crypto to mixer used by Lazarus Group: Elliptic

Stolen crypto from Atomic wallets is already on the move to mixers according to Elliptic.

Go to Source

Japan leads world in losses from North Korean crypto hacking with 30% of total: Report

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.

Go to Source

Ukraine Raises More Crypto Than Russia in Year of War, Analysis Unveils

The two sides in the bitter conflict in Ukraine have been relying on crypto assets and technology to support their military and humanitarian activities, Elliptic says in a report. According to the blockchain forensics company, the targeted nation has attracted more digital asset donations than the invading power. Ukraine Supporters Sent Over $212 Million in […]

Go to Source

Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers

The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work.

Go to Source

Crypto mixer Blender has been rebranded to Sinbad, says Elliptic

Elliptic’s analysis of wallets tied to a suspected Blender operator showed $22 million going to Sinbad as well as similar “characteristics of transactions” between the mixers.

Go to Source

Darknet Market Solaris Hacked by Competitor, Elliptic Reveals

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 the busted Hydra, is believed to have conquered up to a fifth of the illicit market before the hack. Solaris Allegedly Taken Over by Darknet […]

Go to Source