Darknet Users Leverage a New Blockchain Analytics Tool That Scans for Ties to...
According to the blockchain intelligence firm Elliptic, cybercriminals are leveraging cryptocurrency analytics to get ahead of law enforcement. Elliptic says a “blockchain analytics tool has been launched on the dark web” and the tool is called “Antinalysis.” Meet the Blockchain Analytics Tool ‘Antinalysis’ Hosted on Tor On August 13, the blockchain surveillance company Elliptic published a blog post that details how the firm discovered a blockchain analytics tool that is leveraged by cybercriminals to protect themselves. The tool dubbed....
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Bitcoin users should take note of this new development as well. Although Bitcoin offers all users pseudonymity, these tools can also be used to link wallet addresses to user profiles. Although the darknet is often touted as the place to be for criminals who want to keep their identity private, there are some caveats. New research goes to show hackers tend to resort to specific patterns in communication on the deep web. Looking closer at these models may lead to detecting illicit behavior at an early stage, and potentially even identifying individual users. Darknet Data Analysis Is Quite....
Darknet market revenues hit a new all-time high in 2020, despite declining individual purchases from marketplaces. Blockchain analytics firm Chainalysis also spotted a singular driver behind the new record witnessed over the last year. Hydra Market Is the Major Driver Behind Revenue Figures in 2020 According to the Chainalysis 2021 Crypto Crime Report, darknet markets brought in a total of $1.7 billion worth of cryptocurrencies in 2020. But the report unveiled that Hydra Market, one of the largest illegal marketplaces in the darknet, boosted the total revenue significantly. In fact,....
The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help and monitor other blockchains. Crypto Metrics Provider Dune Analytics Raises $8 Million Crypto data services and analytics has seen massive demand in 2021 as everyone wants to gather factoids on their favorite crypto assets. Bitcoin.com News recently reported on the crypto firm Messari raising $21....
Ever since the arrest of Ross Ulbricht in San Francisco, online darknet marketplaces have remained a formidable means by which individuals can procure illegal goods. Authorities, well-aware, have investigated and made arrests in the time since Ulbricht’s trial. During that time, discussion has increased regarding the actual anonymity provided by the darknet. As has been proven more than once, just being on the darknet does not guarantee a user’s anonymity, and this is the message law enforcement is trying to spread. There are investigatory methods being used – and successfully – which have....
Brussels Terror Attacks Revive Terrorism-Crypto Connection, Fueling European Push To Control Bitcoin
This week’s terror attacks in Brussels has caused French Interior Minister Bernard Cazeneuve to cite the darknet as a terrorist tool and call for measures to improve intelligence expertise in technologies terrorists use, according to a French ministry website. Because cryptocurrency is used for darknet transactions, efforts to control the darknet could fuel government efforts to control cryptocurrencies in Europe. Cazeneuve told The National Assembly that terrorists use the darknet. He made his remarks in the context of a wide-ranging discussion about what the government must do to....