Tom Robinson News

Crypto investors have been hit hard this year by hacks and scams. One reason is that cybercriminals have found a particularly useful avenue to reach them: bridges.

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As more institutions explore digital assets, the need for on-chain analytics platforms has never been higher. 

Hackers targeting the Solana ecosystem drained thousands of crypto wallets of funds.

“Crypto forensics firms” such as Elliptic and Chainalysis appear to be making a name for themselves in the international media – with their blockchain analysis tools allowing them to allegedly make key advances in Western governments’ search for crypto-using Russian sanction evaders.

Blockchain security and forensics firm Elliptic has been working with authorities to expose crypto wallets affiliated with sanctioned individuals or organizations.

crypto donations, adding to crowdfunding efforts that have raised more than $5 million in Bitcoin, Ether and other tokens since Friday. Ukraine’s official Twitter handle, as well an account belonging to the country’s Vice Prime Minister Mykhailo Fedorov, shared details of the crypto wallets on Saturday. Victor Zhora, one of Ukraine’s top cyberdefense officials, confirmed to Bloomberg that the tweets and the wallet addresses were accurate. The addresses posted by these accounts have received hundreds of donations worth more than $3 million in less than 24 hours, according to transaction information available for the wallets and data from blockchain analytics firm Elliptic. The median donation was worth around $95, Elliptic co-founder Tom Robinson previously told Bloomberg News by email.

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About 100 miles from the Ukrainian border, in the regions of Kursk and Voronezh, more than 1,00,000 Russian troops have already amassed ahead of an impending global fear that Russia might invade Ukraine.

The DeFi bridge between Solana (SOL) and other blockchains Wormhole lost wETH 120,000 (USD 325m) in a hack, once again stressing the weaknesses of this nascent sector. The team offered the hacker a USD 10m bounty if they return the funds.