Category: Elliptic

Banks increasingly interested in Bitcoin, says Elliptic co-founder

Banks increasingly interested in Bitcoin, says Elliptic co-founder

Several financial institutions in the U.S. are “are seriously considering launching some type of cryptocurrency service,” an Elliptic co-founder said. 4325 Total views 31 Total shares Global banking institutions have been expressing more interest in Bitcoin (BTC) as the cryptocurrency consistently breaks new all-time highs, according to a new report. Tom Robinson, co-founder of major […]

Continue Reading

Darknet’s JokerStash Retiring After Making Over $1B Through Illicit Transactions

Darknet’s JokerStash Retiring After Making Over $1B Through Illicit Transactions

Crypto sleuthing firm Elliptic says one of the world’s most prolific cybercriminals is going out on their own terms. Feb 12, 2021 at 2:00 p.m. UTC Darknet’s JokerStash Retiring After Making Over $1B Through Illicit Transactions The founder of “Joker’s Stash,” one of the largest underground marketplaces for stolen payment card data, is officially retiring […]

Continue Reading

Over 13% of Bitcoin Crime Proceeds Laundered Through ‘Privacy Wallets’: Elliptic

Over 13% of Bitcoin Crime Proceeds Laundered Through ‘Privacy Wallets’: Elliptic

Dec 9, 2020 at 3:14 p.m. UTCUpdated Dec 9, 2020 at 4:06 p.m. UTC (wk1003mike/Shutterstock) Over 13% of Bitcoin Crime Proceeds Laundered Through ‘Privacy Wallets’: Elliptic The number of criminals using so-called privacy wallets to facilitate crypto money laundering is on the rise, according to Elliptic, a U.K.-based blockchain analytics company. The firm estimates that […]

Continue Reading

Nearly $1B in Bitcoin Moves From Wallet Linked to Silk Road

Nearly $1B in Bitcoin Moves From Wallet Linked to Silk Road

Nov 4, 2020 at 10:56 UTCUpdated Nov 4, 2020 at 14:17 UTC Convicted Silk Road operator Ross William Ulbricht(U.S. Sentencing Commission) A wallet possibly belonging to early dark net market Silk Road moved almost $1 billion worth of bitcoin early on Wednesday, according to blockchain intelligence firm Elliptic. Bitcoin address “1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx” transferred 69,369 BTC to […]

Continue Reading