Elliptic Traces $124M in Bitcoin Swaps From Binance Hack Funds
TL;DR: A November 6 update from blockchain intelligence firm Elliptic says roughly $124 million of assets stolen in the October Binance breach had been converted into Bitcoin, including funds originally held as XRP and SOL. Onchain tracing can reveal movement, but it cannot by itself identify every person controlling those wallets or prove that all…
Iran’s Crypto Market Shaken As Outflows Skyrocket 700%
Hours after explosions were reported in Tehran, digital money began moving. Reports say cryptocurrency withdrawals from Iran’s largest exchange jumped sharply as news of US and Israeli airstrikes spread across the country. Blockchain data reviewed by analytics firms shows outflows rising about 700% in a short window, a spike that stood out against normal daily…