Euler Finance hacked funds on the move, crypto’s reaction to the demise of SVB and USDC’s depegging as told by on-chain data, and more
Welcome to the Chainalysis Monthly Roundup newsletter! Each month we capture the most notable news in crypto and at Chainalysis.
$197 Million Stolen: Euler Finance Hacked Funds on the Move
100 ETH stolen in Monday's Euler Finance hack have moved to an address associated with a previous hack carried out by DPRK actors. This may mean the Euler hack is the work of DPRK too, or could be misdirection by other hackers. Read on to learn how hackers stole $197M from Euler Finance, and how the effects of flash loan attacks may be mitigated in the future.
This month saw three mid-sized banks fail, prompting fears of bigger, panic-induced bank runs. What does on-chain data tell us about #crypto’s reaction to the SVB fallout and the temporary USDC depegging?
Oracle Manipulation Attacks are Rising, Creating a Unique Concern for DeFi
In 2022, DeFi protocols lost $386.2 million in 41 separate oracle manipulation attacks. Read on to learn what oracle manipulation attacks are and see an example in Chainalysis Storyline.
Ordinals: A New Innovation Powering Bitcoin NFTs and Maybe More
A new protocol called Ordinals is enabling new use cases on the Bitcoin blockchain, such as NFTs and more. Read here for more info on what Ordinals are, how they work, adoption to date, and what they could mean for Bitcoin's future.
Chainalysis Links NYC 2023: The leading annual event of the cryptocurrency ecosystem
Join us on April 4 - 5, 2023 in New York City for the premiere Chainalysis event. Links NYC 2023 will be a two-day multi-track event where you will have the opportunity to hear from leaders and experts, get trained on emerging crypto technologies, and network with peers in the regulatory, law enforcement, financial services, and crypto native spaces.
Learn how the Dutch National Police were able to fool Deadbolt ransomware strain into handing decryption keys 🔑 for hundreds of victims, enabling them to recover their #data at no cost.
Public Key: Everything You Need To Know About Smart Contract Audits
Episode 47 of the Public Key podcast is here! In this episode, we talk with David Schwed (Chief Operating Officer of Halborn), where he explains smart contract security audits, crypto project vulnerabilities, and bridge hacks. You can listen or subscribe now on Spotify, Apple, or Audible.
Chainalysis is the blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 70 countries. Our data powers investigation, compliance, and market intelligence software that has been used to solve some of the world's most high-profile criminal cases and grow consumer access to cryptocurrency safely. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com.
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1yVery useful
Special Agent at Federal Bureau of Investigation (FBI)
1yI believe the hacker(s) sent most of the funds back....