On October 10th, the Wall Street Journal ran a story with the headline, “Hamas Militants Behind Israel Attack Raised Millions in Crypto. Digital currency transactions highlight how U.S. and Israel have struggled to sever the access of Hamas, Palestinian Islamic Jihad and Hezbollah to foreign funding.” The story stated: “Digital-currency wallets that Israeli authorities linked to the PIJ received as much as $93 million in crypto between August 2021 and June this year, analysis by leading crypto researcher Elliptic showed.” It also cited research by crypto analytics firm BitOK suggesting that Hamas received $41 million. Ten days later the paper followed up with “Why Hamas Uses Crypto to Raise Money”,…
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The criminal behind Joker's Stash darknet market could be worth $2.8 billion (Photo: Gerd Altmann/Pixabay)Major darknet market closing as founder walks away a Bitcoin billionaire
According to blockchain analytics firm Elliptic, the founder of Joker’s Stash earned at least 60,000 Bitcoin worth $2.8 billion helping hackers sell stolen credit card data
Elliptic said a downturn in sales volume may be the reason why the Joker’s Stash announced that it would cease its activity. That, or the founder simply made so much money that it’s no longer worth the risk.
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Bitcoin blamed for devastating Twitter hack?
As the dust settles from one of the worst cybersecurity breaches in recent memory, many are focused on crypto giveaway scams, not social media’s security failings
The FBI has launched an investigation into Wednesday’s widespread Twitter hack, which saw attackers hijack 130 high-profile accounts to promote crypto giveaway scams.
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Blockchain intelligence firm Elliptic's CEO, Dr. James Smith, stepped down in favor of COO Simone Maini on April 28 (Photo: Elliptic)Elliptic CEO Dr. James Smith steps down for development role
The co-founder of the leading blockchain intelligence firm will be replaced by COO Simone Maini, who has increasingly led the sales and corporate culture development efforts
Elliptic co-founder Dr. James Smith stepped down as CEO of the growing blockchain intelligence firm on April 28 in order to focus his energy on developing the growing firm’s technology and engineering development as chief scientist. In his place, former COO Simone Maini is taking the reins.
