{"id":11049,"date":"2021-08-16T07:54:03","date_gmt":"2021-08-16T07:54:03","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/darknet-users-leverage-a-new-blockchain-analytics-tool-that-scans-for-ties-to-criminal-activity\/"},"modified":"2021-08-16T07:54:03","modified_gmt":"2021-08-16T07:54:03","slug":"darknet-users-leverage-a-new-blockchain-analytics-tool-that-scans-for-ties-to-criminal-activity","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/darknet-users-leverage-a-new-blockchain-analytics-tool-that-scans-for-ties-to-criminal-activity\/","title":{"rendered":"Darknet Users Leverage a New Blockchain Analytics Tool That Scans for Ties to Criminal Activity"},"content":{"rendered":"

According to the blockchain intelligence firm Elliptic, cybercriminals are leveraging cryptocurrency analytics to get ahead of law enforcement. Elliptic says a \u201cblockchain analytics tool has been launched on the dark web\u201d and the tool is called \u201cAntinalysis.\u201d<\/strong><\/p>\n

Meet the Blockchain Analytics Tool \u2018Antinalysis\u2019 Hosted on Tor<\/h2>\n

On August 13, the blockchain surveillance company Elliptic published a blog post<\/a> that details how the firm discovered a blockchain analytics tool that is leveraged by cybercriminals to protect themselves. The tool dubbed \u201cAntinalysis\u201d allows \u201cbitcoin addresses to be checked for links to criminal activity,\u201d Elliptic claims.<\/p>\n

The company\u2019s announcement further states that Antinalysis gives individuals the ability to \u201ctest whether their funds will be identified as proceeds of crime by regulated exchanges.\u201d The company\u2019s blog post adds:<\/p>\n

Antinalysis seeks to help crypto launderers to avoid this, by giving them a preview of what a blockchain analytics tool will make of their bitcoin wallet and the funds it contains. The site runs on Tor, an anonymous version of the web commonly used to host darknet markets and other illicit services.<\/p>\n

<\/p>\n

Elliptic says that the creator of Antinalysis is a software developer behind the darknet market (DNM) Incognito Market. The tool\u2019s mission statement is: \u201coffering a perspective from the opponent\u2019s point of view,\u201d Elliptic\u2019s blog post details.<\/p>\n

Screenshot of the Antinalysis tool via Elliptic\u2019s blog post published on August 13, 2021.<\/p>\n

People utilizing the Antinalysis tool are paying $3 to look at a single bitcoin address and the tool breaks down onchain movements. Users can pay for the service by using bitcoin (BTC)<\/a> or monero (XMR)<\/a>, Elliptic\u2019s report highlights.<\/p>\n

\u201cAntinalysis claims to offer highly accurate results and to have verified this by comparing them to those generated by commercially available blockchain analytics tools,\u201d Elliptic said. \u201cHowever, Elliptic\u2019s own evaluation of the results returned for a range of bitcoin addresses shows that it was poor at detecting links to major darknet markets and other criminal entities.\u201d The blog post further stresses:<\/p>\n

Regardless, the tool represents a significant new capability for crypto launderers.<\/p>\n

Furthermore, Elliptic emphasized in the blog post that an article<\/a> published by the well known security researcher Brian Krebs also came to the same conclusions. Both Krebs and Elliptic detail that Antinalysis likely leverages the AMLBot API which is a tool crafted by the blockchain intelligence firm Crystal Blockchain.<\/p>\n

\u201cThe results provided by Antinalysis are identical to those provided by AMLBot,\u201d Elliptic\u2019s account of the new tool explains.<\/p>\n

What do you think about the new tool called Antinalysis? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
\nNews, AMLBot, AMLBot API, Antinalysis, bitcoin address, Brian Krebs, checking BTC address, Crypto, crypto launderers, Crystal Blockchain, cybercriminals, Darknet Users, DNM Users, Elliptic, Incognito Market, Incognito Market dev, launderers, new tool, Research, security researcher<\/p>\n","protected":false},"excerpt":{"rendered":"

According to the blockchain intelligence firm Elliptic, cybercriminals are leveraging cryptocurrency analytics to get ahead of law enforcement. Elliptic says a \u201cblockchain analytics tool has been launched on the dark web\u201d and the tool is called \u201cAntinalysis.\u201d Meet the Blockchain Analytics Tool \u2018Antinalysis\u2019 Hosted on Tor On August 13, the blockchain surveillance company Elliptic published…<\/p>\n","protected":false},"author":0,"featured_media":11050,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-11049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/11049"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=11049"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/11049\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/11050"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=11049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=11049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=11049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}