Elliptic news and trends

NFT Thefts Hit $100M in ’22; Facebook Adds Tokens
NFTs // August 30, 2022

More than $100 million worth of non-fungible tokens (NFTs) were stolen in the 12 months ended in July, blockchain research firm Elliptic reported on Aug. 24. That worked out to an average of $300,000 per theft. Get the Full Story Complete the form to unlock...

Report: Record Number of NFTs Stolen in July
NFTs // August 24, 2022

A record number of non-fungible tokens (NFTs) were reportedly stolen in July, joining the over $100 million worth of NFTs taken between July 2021 and July 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Elliptic: Cross-Chain Payments Bridges Are DeFi’s Next Big AML Battleground
Cryptocurrency // August 11, 2022

In case you thought the biggest problem with cross-chain bridges used to make payments between blockchains was that they are fantastically vulnerable to hackers, with a staggering $1.3 billion stolen in just the first six months of 2022, now it turns out they are excellent...

Location of Terra’s Bitcoin Reserve Unknown Following Transfers
Bitcoin // May 15, 2022

Billions in bitcoin, bought as a reserve by the Luna Foundation Guard (LFG), a foundation set up by the failed Terra blockchain, is now untraceable after being moved to two crypto platforms, Bloomberg wrote Saturday (May 14). Get the Full Story Complete the form to...

Quick Reads
Report: Record Number of NFTs Stolen in July

August 24, 2022
A record number of non-fungible tokens (NFTs) were reportedly stolen in July, joining the over $100 million worth of NFTs taken between July 2021 and July 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]

Location of Terra’s Bitcoin Reserve Unknown Following Transfers

May 15, 2022
Billions in bitcoin, bought as a reserve by the Luna Foundation Guard (LFG), a foundation set up by the failed Terra blockchain, is now untraceable after being moved to two...

Forensics Firm Finds Digital Wallets Tied to Sanctioned Russians

March 14, 2022
A crypto forensics firm said it has uncovered information on a digital wallet that could be linked to Russian oligarchs and officials facing sanctions. Get the Full Story Complete the...

Today in Crypto: Ukraine Gets $10M in Crypto Donations; US DOJ Charges BitConnect Founder in...

February 27, 2022
The swift recovery of bitcoin from its lows has seen some investors happy for a potential rebound, CoinDesk reported Friday (Feb. 25). Get the Full Story Complete the form to...