Cross-Chain Bridge
A protocol that connects different blockchain networks and allows assets to be transferred across chains. It can also be exploited by attackers to create blind spots in on-chain tracing.
Timeline (last 90 days)
Cross-chain bridges are responsible for locking and minting assets between different blockchains, and their contracts custody enormous funds while having complex logic and being difficult to audit.
Single-chain clustering is no longer sufficient to address the reality of cross-chain money laundering, and on-chain analysis tools are evolving toward cross-chain correlation capabilities.
Cross-chain Hopping uses cross-chain bridges, decentralized exchanges or wrapped assets to move value between different blockchains, breaking the tracing clues on the original chain.
Scammers' common methods for countering on-chain tracking include: splitting funds into a large number of small transfers, routing through multiple layers of wallets, using mixing protocols such as Tornado Cash to break the fund trail, or moving assets to another chain via cross-chain bridges.
The use of mixing services and cross-chain bridges intentionally disrupts on-chain tracking paths for funds, making source tracing more difficult.
All Facts (5)
Cross-chain bridges are responsible for locking and minting assets between different blockchains, and their contracts custody enormous funds while having complex logic and being difficult to audit.
50%UnverifiedCross-chain Hopping uses cross-chain bridges, decentralized exchanges or wrapped assets to move value between different blockchains, breaking the tracing clues on the original chain.
50%UnverifiedScammers' common methods for countering on-chain tracking include: splitting funds into a large number of small transfers, routing through multiple layers of wallets, using mixing protocols such as Tornado Cash to break the fund trail, or moving assets to another chain via cross-chain bridges.
50%UnverifiedThe use of mixing services and cross-chain bridges intentionally disrupts on-chain tracking paths for funds, making source tracing more difficult.
50%UnverifiedSingle-chain clustering is no longer sufficient to address the reality of cross-chain money laundering, and on-chain analysis tools are evolving toward cross-chain correlation capabilities.
50%