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The Latest Breaking News from Elliptic

Iran’s central bank using vast quantities of cryptocurrency championed by Farage, says report

Regime appears to have turned to digital currency issued by Tether in the face of sanctions

The Guardian - UK

Research firm estimates that North Korean crypto hackers have already made off with over $2 billion this year, reckons the regime has stolen over $6 billion in total

They're just living their best Juche life.

PC Gamer

North Korea-linked hackers stole record amounts in cyberattacks already this year, researchers say

Bumper haul from cyber-related theft driven by largest heist of $1.46 bn in February

The Independent UK

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North Korean Hackers Set A Record With $2 Billion Crypto Heist in 2025: Report

North Korean hackers have stolen over $2 billion in cryptocurrency this year, setting a new annual record, according to blockchain analysis firm Elliptic.

Benzinga

Tech in the Iran-Israel conflict: internet blackout, crypto burning and home camera spying

Iran, clearly fearful of an online Israeli incursion, imposed a near-total internet blackout early last week

The Guardian - US

Hackers say they wiped out $90 million from Iran cryptocurrency exchange

Hackers with possible links to Israel have drained more than $90 million from Iran’s largest cryptocurrency exchange Nobitex and leaked company data

The Independent UK

Pro-Israel hackers ‘burn’ $100m from Iran’s biggest crypto exchange

Nobitex hit by Predatory Sparrow hacking group in never-before-seen attack that made cryptocurrency irretrievable

The Independent UK

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Israel-linked group hacks Iranian cryptocurrency exchange in $90m heist

Hackers known as Predatory Sparrow claim responsibility for rendering Nobitex exchange funds inaccessible

The Guardian - UK

Israel hacks Iranian crypto exchange for $90 million—but throws away the money

The hackers, who call themselves Predatory Sparrow, sent the funds to likely inaccessible blockchain addresses, burning the cryptocurrency.

Fortune

North Korean hackers are cashing out after world’s biggest crypto heist, experts warn

Hackers using automated tools and working in shifts to convert assets to fiat money, experts say

The Independent UK

How North Korea pulled off the biggest heist in history

Investigators are tracking the stolen Bybit funds in real-time, writes Anthony Cuthbertson, with all clues leading back to the state-backed Lazarus Group

The Independent UK

Indian WazirX Hacked For $230M: $SHIB Dips After North Korea-Linked Exploiters Dump Stolen Tokens

WazirX has lost over $230 million in cryptocurrencies to an exploit tied to the notorious North Korea-linked Lazarus Group, raising fears that chances for the stolen funds to be recovered are low.

International Business Times

Warren Says Iran's 'Increasingly Lucrative' Crypto Mining Industry Used To Evade Sanctions

U.S. senators Warren and King Jr. have once again asked the Biden administration to provide details about the extent of Iran's crypto mining industry, which they said was being used to evade sanctions and fund terrorism.

International Business Times

Crypto Breakthrough: Elliptic Publishes Research On How AI Can Detect Bitcoin Laundering

Elliptic shared the progress it made in studying the use of AI in detecting illicit activities in the crypto space, and this time, its machine learning model was able to help identify money laundering movements using Bitcoin, the world's most popular digital asset.

International Business Times

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International Business Times

The U.S. Treasury has debunked a Wall Street Journal report that implied Hamas, the terror group that raided Israel on Oct. 7 and murdered more than a thousand people, received millions in cryptocurrency for nearly a two-year period before the massacre.

Fortune

What’s the deal with Hamas and crypto?

Tether, not Bitcoin, seems to be the new global center of gravity for illicit financing networks.

Fortune

The Wall Street Journal and Liz Warren double down on the Hamas crypto canard

Warren's failure to acknowledge a mistake is understandable. The Journal's is less so.

France 24

Is cryptocurrency helping Hamas fund terrorism?

The US and Israel have stepped up their efforts to limit cryptocurrency transfers to Hamas since the group’s brutal October 7 attacks on Israel. Bitcoin, Dogecoin and Ethereum are increasingly blamed as conduits of funding for Islamist groups, but to what extent is this justified?

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Reuters

North Korean hackers stole $721 million in cryptocurrency from Japan - Nikkei

Hacker groups affiliated with North Korea have stolen $721 million worth of cryptocurrency assets from Japan since 2017, the Nikkei business daily reported on Monday, citing a study by U.K. blockchain analysis provider Elliptic.

Fortune

Someone stole $400M from FTX over the weekend. Here’s what we know so far

On Friday night, news began to filter in that hundreds of millions of dollars were flowing out of FTX wallets.

The Independent UK

Funds vanish at bankrupt crypto exchange FTX; probe underway

Collapsed cryptocurrency trading firm FTX is confirming there was unauthorized access to its accounts just hours after the company filed for bankruptcy protection

The Guardian - UK

More than $100m worth of NFTs stolen since July 2021, data shows

Criminals took an average of $300,000 worth of non-fungible tokens per scam, says cryptocurrency firm

The Guardian - UK

Hacking attack drains £5m from 8,000 wallets linked to Solana crypto network

Solana Foundation, supporter of blockchain network, says ‘malicious actor’ has taken funds

Benzinga

State-Sponsored North Korean Hackers Likely Behind $100M Crypto Heist: Report

The Lazarus Group, a hacking organization allegedly supported by the North Korean government, likely carried out the $100 million cyberattack on cryptocurrency project Harmony’s (CRYPTO: ONE) Horizon Bridge.

Benzinga

The Luna Crash Might Have Been Intentional – Here's Why

As a result of the Luna cryptocurrency and the (CRYPTO: UST) stablecoin, which are both linked to the Terra (CRYPTO: LUNA) blockchain, the cryptocurrency market has tanked and is struggling to recover, with some even predicting the collapse of t

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