Moody’s, Elliptic join forces for enhanced VASP risk screening
The companies will combine their strengths to provide enhanced virtual asset service providers screening ability. Go to Source
Elliptic
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Elliptic exposes $11B scam network via Huione Guarantee
Elliptic’s report reveals how the Huione Guarantee marketplace facilitated massive money laundering and cyber scams using Tether (USDT) transactions. Go to Source
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 Powered by WPeMatico
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 Powered by WPeMatico
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 Powered by WPeMatico
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 Powered by WPeMatico
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 … Read more
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 Powered by WPeMatico
