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Cross-chain bridge RenBridge laundered $540M in hacking proceeds: Elliptic

The blockchain forensics firm said cross-chain bridges provide an “unregulated alternative” to exchanges for transferring value between blockchains.

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Cross-chain bridge RenBridge laundered $540M in hacking proceeds: Elliptic

The blockchain forensics firm said cross-chain bridges provide an “unregulated alternative” to exchanges for transferring value between blockchains.

Why this matters

This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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