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Elliptic
Elliptic CEO on Raising $60M to Fund R&D, Expansion
Blockchain analytics firm Elliptic has raised $60 million in a Series C funding round to fund research and development (R&D) and international growth.

Blockchain Analytics Firm Elliptic Raises $60M to Fund R&D, Expansion
The fundraising highlights growing interest in the transaction-analysis industry as companies strive to comply with AML rules and track the proceeds from successful hacks.

Alleged Dark Web Blockchain Analytics Tool Antinalysis Suspended
Antinalysis helps cybercriminals avoid running the risk of being identified they attempt to cash out their illicit proceeds, according to a blockchain analytics firm.

Key Takeaways From Elliptic’s Case Study of Ransomware Attacks
A new study of a ransomware attack by blockchain analytics firm Elliptic reveals the dialogue between the attacker and the victim, including live chat support, a negotiated discount, and a surcharge for paying in bitcoin. “The Hash” team examines the details outlined by Elliptic, sharing cybersecurity tips on how to prevent being hacked.

Anatomy of Ransomware Attack: Chat Support, a Discount and a Surcharge for Bitcoin
Blockchain analytics firm Elliptic tracks a small business being contacted by REvil ransomware attackers demanding $50,000 in crypto for a decryption tool.

Republican Senator Highlights Bitcoin's Battle in Shedding Criminal Baggage
Sen. Chuck Grassley is using "deeply flawed" estimates of illicit bitcoin activity to call for closer scrutiny of the industry, according to multiple crypto intelligence firms.

52 US Representatives Are Backing a Bill Targeting Hamas Financing
The Hamas International Financing Prevention Act would leverage sanctions against individuals and governments donating to Hamas, including donations made in bitcoin.

Elliptic: ‘Far Less Than 1%’ of All Bitcoin Transactions Are Criminal
Dr. Tom Robinson, Elliptic’s co-founder and chief scientist, explains why Elliptic is keeping the information about their discovery of the wallet used by Colonial Pipeline ransomware hackers private. Plus, his thoughts on blockchain analytics and the proportion of criminal transactions on the blockchain.

DarkSide Hackers' Bitcoin Stash Tracked
DarkSide hackers might have received 321.5 BTC for ransom since March, with 107 BTC still unaccounted for.

The Bitcoin Wallet Used by Colonial Pipeline Hackers Is Identified; Now What?
Is bitcoin really untraceable? As blockchain analytics firms such as Elliptic and Chainalysis show, bitcoin transactions are not as secret as some people think. CoinDesk’s Nik De breaks down the story of how Elliptic identified the bitcoin wallet used by DarkSide, the hacker group behind the Colonial Pipeline shutdown.
