Topic

On-chain forensics

Tracing stolen or suspicious cryptocurrency flows using public blockchain records and wallet address labels.

Current clusters

invest2 publishers

Circle and Tether froze about 0.08% of the $387.5 million stolen from Bitget

Circle and Tether froze about $318,000 tied to the $387.5 million Bitget hack after the attacker had swapped most of it into Ether. Bitget's own protection fund is paying customers, so the cost lands on the exchange whose hot-wallet software was breached.

Publishers:cryptopolitan.comdecrypt.co

Reality

Evidence62
Adoption: Insufficient
Hype gap+10
Incentives55
Confidence60

invest1 publisher

Bitget's attacker pulls $1.23 million out of Binance into a wallet linked to the hack

Bitget's attacker withdrew $1.23 million from Binance into a wallet linked to a breach now put at up to $387.5 million. For Bitget customers the exposure stays with Bitget, whose $464 million protection fund covers the loss with at least $76.5 million to spare.

Publishers:cryptobriefing.com

Reality

Evidence35
Adoption: Insufficient
Hype gap+15
Incentives: Insufficient
Confidence38