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.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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.
Original source
Read on CointelegraphRelated market context
Italy Filed 95% of the EU's Register of Unlicensed Crypto Firms
Italy's market regulator filed 179 of the 188 entries on the EU's register of unlicensed crypto firms, an FM Intelligence analysis...
Binance Hacker Sends $798K in SOL to Privacy Cash, Laundering Spreads Across 11 Chains
Key Takeaways: The Binance hacker wallet deposited 8,567 SOL, or approximately $798,000, to Privacy Cash. Elliptic mapped the laun...
THORChain Restarts Most Swaps After Analyst Said Operators Would Expect North Korea to Launder
THORChain had switched swaps back on for most of the chains halted after an Oct. 31 Ethereum reorg, according to the network’s own...
French bank resumes transfers after $133 million attack but leaves crypto loss unconfirmed
Arkéa says attackers used its own account through a provider's platform, while a separate $108.8 million USDC trail leaves the ban...
ApeChain migrates to Chainlink CCIP for cross-chain infrastructure
The migration to Chainlink CCIP enhances security and liquidity, positioning it as a leading interoperability standard in blockcha...
ZachXBT Says Exchange Accounts Drained of Over $133 Million Belonged to Crédit Mutuel Arkéa
Onchain investigator ZachXBT has alleged that the European financial institution he says lost more than $133 million in a suspecte...