Blog

Crypto report flags five exchanges enabling Russia-linked digital asset flows

Crypto exchanges maintaining operational or financial connections with Russia continue aiding circumvention of international sanctions, according to an Elliptic report. Summary Elliptic says some exchanges help Russia bypass sanctions via crypto. Wallet rotation and P2P ruble trades obscure sanctioned flows. Shared custody links Exmo global and Russia-facing platforms. The platforms [...]

Read More

IoTeX contains hack, dismisses $4.3M loss concerns

IoTeX reported containing a hack with losses around $2 million, disputing on-chain analyst estimates placing the theft at $4.3 million. Summary IoTeX confirms $2M exploit and pauses chain for security upgrades. Analysts estimate $4.3M after token minting and cross-chain laundering. Exchanges and law enforcement work to freeze stolen funds. The [...]

Read More