$108,319.00
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0.39%$281.50
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-3.32%Reading
A blockchainblockchain analytics tool designed to help dark web users check how clean their BitcoinBitcoin is has opened again—just one week after it was shut down.
Antinalysis is a website that advertises “blockchain privacy” and lets users check where the Bitcoin they hold originates and how risky it is to hold it. The website was designed by the developers of an online illegal drugs marketplace, according to an investigation by Tom Robinson, co-founder of blockchain investigation firm Elliptic.
The tool shut down last week when anti-money laundering software AML Bot, which Antinalysis used to pull data, cut off their third-party service.
Antinalysis, the blockchain analytics tool built for criminals, by criminals, is back! It is "no longer dependent on any third party for address labelling". Of course, only monero is accepted as payment: pic.twitter.com/ZXO8Qw7qrI
— Tom Robinson (@tomrobin) August 24, 2021
But it’s back and now running on a “clear web” webpage: one that anyone can access. Before, the website ran only on the Tor network—a privacy-oriented web browser and gateway to the dark web.
“We are now back and no longer dependent on any third party for address labelling,” the website reads, boasting a brand new blockchain analytics system. “If you are looking for blockchain privacy, you have arrived at the right place,” it adds.
Despite the website being used by criminals who want to check how likely it is that cryptocurrency exchanges will flag their crypto as proceeds of crime, it isn’t actually illegal, Tom Robinson told Decrypt.
“It has the same functionality as before, in that it attempts to tell you where the Bitcoins at an address have originated from,” he said. “It isn't actually illegal, so I guess they don't have any concerns about it being shut down.”
Norway’s National CyberCrime Center is trying to pry open Monero and Dash—two cryptocurrencies known for their privacy-protection capabilities—amidst the search for missing person Anne-Elisabeth Hagen. Police believe that the privacy coins were used in connection with a ransom attempt and that tracing these transactions could help lead them to Hagen’s whereabouts. “I do not want to comment specifically on what we have done or are doing in the context of Dash and Monero, or what we have achieved...
Those who want to use Antinalysis’ service have to pay—but can now only do so using Monero, a so-called privacy coin designed to mask the identities of those who use it. Unsurprisingly, then, Monero has been notoriously favored by cybercriminals, such as ransomware hackers.
Earlier this month, Elliptic tested the Antinalysis tool and found that it wasn’t actually that good at detecting links to major dark web markets.
Yet it still has a market, it would seem—though how long it will last this time round is anyone’s guess.
The Tony Blair Institute helped form a plan that proposed selling land in Gaza via blockchain tokens, the Financial Times reported Monday, after paying Palestinians to leave their land. The tokenization project would have also seen the region rebuilt with Dubai-style artificial islands and “blockchain-trade initiatives,” complete with Elon Musk and Donald Trump-themed areas. The report was met with major uproar from Palestinian activists—one of whom described the proposed plan to Decrypt as “not...
Crypto exchange Gate crossed 30 million active users worldwide last week, with the crypto exchange's founder calling the milestone "deeply meaningful." Gate CEO Dr. Han told Decrypt that the exchange's growth over its 12-year lifespan is "honestly incredible," especially considering the high levels of competition in the digital assets sector. 30 million and counting! Gate just crossed 30M global users, and we're only getting started! 🔹Top 2 in 24h spot volume🔹Fastest growing CEX in derivative...
Hamak Gold, an early-stage mineral exploration company focused on discovering orogenic and greenstone-hosted gold deposits in Liberia, West Africa, is shifting part of its treasury into Bitcoin. Listed on the London Stock Exchange since 2022, the company announced Thursday that it had raised £2.47 million through a share placement, though it did not specify when the funds were secured. The "injection of new capital" makes Hamak Gold "well-positioned to pursue two core objectives in parallel,”...
