Tag: Elliptic
Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin Transactions
Patterns of illicit activity involving groups of bitcoin nodes and chains of transactions are described in a research paper by Elliptic and MIT-IBM Wa [...]
North Korean Hackers Used Tornado Cash to Launder $12M From Heco Bridge Hack: Elliptic
Tornado Cash was hit by U.S. sanctions in August 2022. This spurred Lazarus Group to use another mixer, Sinbad, to obfuscate their ill-gotten gains. H [...]
Media Reported Hamas Got Millions Via Crypto, but Elliptic Says The Data Was Misconstrued
"The most prominent public crypto fundraising campaign has been operated by Gaza Now, a pro-Hamas news organization," according to Elliptic. "However, [...]
Crypto donations raised by Hamas ‘remain tiny,’ says Elliptic
Blockchain forensic firm Elliptic says there’s “no evidence” that Hamas is receiving a significant volume of cryptocurrency donations to fund its atta [...]
North Korean Hacking Group Lazarus Moves Atomic Wallet Fund via Sanctioned Exchange: Elliptic
Nearly $35 million worth of various tokens were stolen from Atomic Wallet, a centralized storage and wallet service, on June 3. These tokens include b [...]
Atomic Wallet hackers turn to OFAC-sanctioned Garantex: Elliptic
Illicit funds gained from the $35 million Atomic Wallet hack are on the move again, with sanctioned Russian-based crypto exchange Garantex reportedly [...]
Atomic Wallet Was Breached by North Korean Hackers: Elliptic
Wallets that siphoned Atomic users' funds are connected to the known Lazarus group's addresses, crypto tracing firm said.
www.coindesk.com [...]
Atomic Wallet hacker sends crypto to mixer used by Lazarus Group: Elliptic
Illicit funds gained from the $35 million Atomic Wallet hack have been moving to a crypto mixer known to be favored by North Korea’s most notorious cy [...]
Elliptic integrates ChatGPT to bolster crypto risk detection
Crypto risk management firm Elliptic is integrating artificial intelligence chatbot, ChatGPT, to ramp up accuracy and scalability in detecting crypto [...]
Institutions seek detailed blockchain analytics for crypto adoption — Elliptic
As more institutions explore digital assets, the need for on-chain analytics platforms has never been higher. Compliance experts, investigators and re [...]
Fentanyl Crypto-Related Trade Worth Tens of Millions: Chainalysis, Elliptic
Elliptic, which published its report on the topic Tuesday, says cryptocurrency wallets attached to darknet merchants which sell fentanyl as well as pr [...]
Crypto mixer Blender has been rebranded to Sinbad, says Elliptic
Blender, the cryptocurrency mixer sanctioned by the United States Department of the Treasury’s Office of Foreign Assets Control in May 2022, was “high [...]
Sanctioned Mixer Blender Re-Launched as Sinbad, Elliptic Says
After Sinbad was launched, most of incoming transactions would come from a wallet linked to Blender.io, and Sinbad operators rewarded promoters of the [...]
“Espías” chinos usaron Wasabi para intentar esconder sobornos realizados con bitcoins, según Elliptic
Un estudio llevado a cabo por la empresa de análisis de criptomonedas mostró que todos los sobornos con bitcoins se originaron en el mezclador de mone [...]
Chinese Spies Used Wasabi Wallet to Try to Conceal Bitcoin Bribes, Elliptic Says
Analysis by the crypto analytics firm showed that all the bitcoin bribes originated from the coin mixing wallet.
www.coindesk.com [...]