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Digital Intelligence Firm Cellebrite Launches Crypto Tracing Tool Powered by CipherTrace

Israel-based digital forensics firm Cellebrite announced the launch of its cryptocurrency and blockchain tracing tool on Tuesday.

By Jaspreet Kalra
Updated Sep 14, 2021, 9:36 a.m. Published Jul 28, 2020, 3:18 p.m. 1 min read
(Shutterstock)
(Shutterstock)

Israel-based digital forensics firm Cellebrite announced the launch of its cryptocurrency and blockchain tracing tool on Tuesday.

  • In an announcement on its website, the firm said the tracking solution is powered by CipherTrace’s crypto intelligence tool and aims to help investigators identify illicit transactions using digital currencies.
  • According to the announcement, Cellebrite’s forensic tool will allow users to scour the blockchain for transactions, evaluate risk level and flag addresses known to be associated with criminal activity.
  • The announcement also noted that with its new tool Cellebrite offers law enforcement and corporate users the ability to conduct crypto fraud investigation for them.
  • Perhaps best known for its infamous Universal Forensic Extraction Device (UFED), used to extract data from locked cell phones, Cellebrite’s other tools, as detailed by the CPJ and the Washington Post, have been used by Nigerian security forces and Myanmar’s police to suppress journalists and break open their phones to reveal their sources.
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Elon Musk could become a top 5 corporate bitcoin holder if Tesla and SpaceX merge

Ni Helene Braun|Edited by Nikhilesh De
6 oras ang nakalipas
(Win McNamee/Getty Images)

CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world’s fifth-largest corporate bitcoin treasury, worth $3.3 billion.

Ano ang dapat malaman:

  • Elon Musk is exploring a potential merger of Tesla and SpaceX, a move that would deepen operational overlap in areas such as power infrastructure and AI-related computing.
  • A combined Tesla-SpaceX entity would control about 30,221 bitcoin, worth roughly $3.3 billion, making it the fifth-largest public corporate holder of the cryptocurrency.
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