News with the tag "elliptic"

The Lazarus Group has laundered stolen crypto from last week’s record-shattering Bybit hack through the exchange eXch, according to the blockchain research firm Elliptic. Hackers looted nearly $1.5 billion worth of Ethereum ( ETH ) and Lido Staked Ether ( stETH ) from Bybit on Friday. The attack rep...

Bybit has officially sealed the $1.5 billion Ethereum gap left by one of the largest crypto heists in history. CEO Ben Zhou confirmed the recovery on X Monday morning, assuring users that a new proof-of-reserves (POR) report will be released soon. “Bybit has already fully closed the ETH gap,” Zhou s...

The world’s largest illicit online marketplace keeps growing following the launch of its own crypto products, according to Elliptic.

The companies will combine their strengths to provide enhanced virtual asset service providers screening ability.

Blockchain forensics firm Elliptic told Cointelegraph that specific patterns and techniques in the WasirX attack led them to believe North Korean hackers were behind the incident.

Huione Guarantee, a Cambodian online financial platform linked to the nation's ruling family, is a marketplace enabling the global scam economy, particularly pig-butchering scams, to the tune of $11 billion, a report by Wired alleges.

Elliptic’s report reveals how the Huione Guarantee marketplace facilitated massive money laundering and cyber scams using Tether (USDT) transactions.

Blockchain analysts at British forensic firm Elliptic say Cambodia-based marketplace Huione Guarantee has become a center for crypto scammers. Cambodian giant marketplace Huione Guarantee, partially linked to the Cambodian ruling family, has seemingly emerged as a center for merchants providing…

EigenLayer, a popular provider of decentralized infrastructure, has declared a noteworthy improvement to the security of its EiganDA platform. The primary aim of this update is to strengthen defenses against Sybil and Distributed Denial of Service (DDoS) attacks by putting Whitelist Security mechani...

AI can bring a new dimension to the crypto crime problem by allowing scammers to more easily impersonate celebrities, blockchain intel firm Elliptic says. Artificial intelligence (AI) has the potential to transform the global economy, but it also poses significant…