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Satoshi’s Math: How Bitcoin’s Use of Mathematical Tools Ensures System Consistency
26.4.2023
Over 14 years ago, Satoshi Nakamoto unveiled the Bitcoin network to the world, creating the very first triple-entry bookkeeping system known to mankind. This technological wonder, with a current market value of $540 billion, ingeniously integrates encryption and mathematical formulas to fortify...
Ukraine Raises More Crypto Than Russia in Year of War, Analysis Unveils
26.2.2023
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...
Binance and Huobi Freeze $1.4 Million in Crypto Linked to North Korea
17.2.2023
Crypto exchanges Binance and Huobi have frozen cryptocurrencies worth approximately $1.4 million linked to North Korea, according to blockchain analytics firm Elliptic. The firm noted that the stolen funds, which were dormant until recently, originated from the June 2022 hack of Harmony’s...
Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers
15.2.2023
The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work
Binance and Huobi Freeze $1.4M in Crypto Tied to Harmony Bridge Theft
15.2.2023
Tracing firm Elliptic said it followed the money through Tornado Cash
Crypto mixer Blender has been rebranded to Sinbad, says Elliptic
13.2.2023
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
Sanctioned Mixer Blender Re-Launched as Sinbad, Elliptic Says
13.2.2023
Ethereum Could Benefit From Stealth Addresses Implementation, Says Vitalik Buterin
23.1.2023
Ethereum co-founder Vitalik Buterin published a research post that suggests using stealth addresses to enhance privacy-preserving transfers. Buterin detailed that stealth addresses can be implemented fairly quickly today on Ethereum and would significantly boost user privacy on the blockchain...
Darknet Market Solaris Hacked by Competitor, Elliptic Reveals
22.1.2023
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...
Onchain Researchers Discover $63M in Ethereum From Harmony Bridge Attack Moved, Hackers Attempt to Launder Funds on Major Exchanges
16.1.2023
On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking syndicate Lazarus Group, moved 41,000 ethereum, worth $63.2 million at current exchange rates....
Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of Discovery
7.1.2023
According to reports circulating on the web, 24 Chinese researchers have reportedly succeeded in breaking RSA encryption using a quantum computer. This would be a significant achievement, as RSA encryption is widely used in current security practices. However, a number of experts, computer...
Into the storm: The murky world of cryptocurrency mixers
7.12.2022
A handful of obfuscation protocols are competing for the user base of OFAC-sanctioned Tornado Cash
Illicit cross-chain transfers expected to grow to $10B: Here's how to prevent them
30.11.2022
Forecasts predict cryptocurrency criminals laundering more than $10 billion through cross-chain bridges by 2025, leading to calls for holistic screening solutions
Prospects Don’t Look so Hot for Sam Bankman-Fried’s Invitation-Only Crypto Bahamas Event
25.11.2022
Following the FTX collapse and amid the aftermath, people have been wondering about the company’s Crypto Bahamas conference that was scheduled to happen on April 17-20, 2023, at the exclusive Grand Hyatt Baha Mar, in Nassau. The event planned for April 2023 was supposed to be hosted by...
Elliptic Analysis Says $477 Million Stolen From FTX, ‘Accounts Drainer’ Becomes 35th Largest ETH Holder
15.11.2022
Three days ago, on Nov. 11, 2022, it was reported that FTX’s wallets saw unusual activities and FTX Telegram channel admins stressed that FTX was “hacked.” The same day, the new FTX CEO John Ray confirmed there were “unauthorized transactions.” A report by...
Terrorists are funding their horrible deeds with crypto: UN officials
31.10.2022
Cash and hawala remain the “predominant methods of terror financing,” according to a UN official, however, "advanced" terror organizations are turning to cryptocurrencies
“Espías” chinos usaron Wasabi para intentar esconder sobornos realizados con bitcoins, según Elliptic
25.10.2022
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 monedas
Chinese 'Spies' Used Wasabi Wallet to Try to Conceal Bitcoin Bribes, Elliptic Says
25.10.2022
Analysis by the crypto analytics firm showed that all the bitcoin bribes originated from the coin mixing wallet
‘New frontier’ of crypto laundering involves cross-chain bridges and DEXs: Elliptic
5.10.2022
Curve, Uniswap, 1inch, and the Ren bridge were the top platforms of choice for laundering illicit crypto, according to Elliptic
Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break
20.9.2022
According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), while quantum computers are incapable of breaking public key encryption algorithms, public and private entities need to prepare for future threats against cryptography that is not quantum resistant. Most...