Thoughts, Stories, Analysis

A walkthrough on using graph analytics to query for patterns of interest on Uniswap with the help of Bigquery, Neo4j and Motif.

Motif makes visual discovery on graph datasets simple and accessible to analysts, data scientists and managers.

Blockchain forensics of the TMPL rug pull. We traced how scammers masked the trail of funds through mixer, gambling platforms, and cash out stolen ETH through exchanges.

An investigative report explaining what cryptocurrency exit scams and DeFi rug pulls are, how they are carried out, and the tracing and investigations of such crypto frauds.

We evaluated 8 different graph visualisation packages in areas spanning performance, algorithms and components

Cyberattacks are often closely related to financial crime as the recent DOJ indictment charges show. We highlight key takeaways from the report.

An overview of applications of network analytics in the financial services industry for fraud detection, including entity link analysis and cycle detection algorithms.

To what extent are Cryptocurrency prices being driven by institutional investors or retail traders? We explore this question and more with a deep dive into 3 on-chain metrics which investors or anyone interested in the virtual asset markets should keep track of.

We present a guide to using machine learning for fraud detection, going through the advantages of ML vs rule-based methods, use cases and some important considerations to keep in mind when adopting such an approach.

Singapore/Hong Kong, 15 December 2020 – Cylynx has been recognised as 'One to Watch' in Blockchain Transaction Monitoring in the 3rd Regulation Asia Awards for Excellence 2020 in an online ceremony on 15 December 2020.

FinCEN has taken action against Larry Dean Harmon, founder and operator of bitcoin mixing service Helix and Coin Ninja for violations of the Bank Secrecy Act. What can we learn about how suspicious entities operate and what do these guidelines mean to exchanges operating in the United States?

Structuring of Funds. Use of Mixers / Tumblers. Doctored identities. What are the AML red flags that you should be aware of? A summary of money laundering and terrorist financing indiciators highlighted by the FATF.

The G20 TechSprint initiative, aims to highlight the potential for technologies to resolve regulatory compliance and supervisory challenges. Team Cylynx is shortlisted as one of the finalists in the problem statement of monitoring AML/CFT risks on crypto assets.

With its total market cap exceeding $10 Billion in May 2020, stable coins are becoming increasingly popular with investors in the cryptocurrency space. In this article, we investigate 5 popular ERC20 stable coin - TUSD, USDT, PAX, USDC and BUSD. Through a combination of time series analysis and network plots, we characterise their growth trajectory and highlight key patterns and behaviours.

Blockchain forensics of the Upbit hack. We traced how the Upbit hackers concealed the origin of funds and cash out stolen ETH through exchanges.

The structure of a blockchain fits very naturally into a graph representation, with addresses being the nodes and transactions being the edges of a graph. By modelling the blockchain as a graph, we can get a comprehensive view of the activities that are on-going and how the different entities are related to each other.