Category: Chainalysis

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Huobi Partners With Astropay to Facilitate Fiat Payments in Latam

Huobi Global, one of the biggest exchanges in volumes traded, has announced a partnership to make it easier for its Latam-based customers to acquire cryptocurrencies. The exchange has allied with Astropay, a payment services platform, to allow customers in Latam to purchase cryptocurrency with fiat currencies in several countries. Huobi to Make Crypto Easier…
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Tornado Cash left a void, time will tell what fills it — Chainalysis chief scientist

There’s a hole to be filled where Tornado Cash once was, and “junior mixers” are vying for position in the wake of the mixers sanction and ban by the U.S. Treasury. The sanctions on cryptocurrency mixer Tornado Cash has left a vacuum for illicit fund mixing services, but more time is needed before we’ll know…
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NFTs ‘biggest on-ramp’ to crypto in Central, Southern Asia and Oceania — report

NFT-related websites accounted for the largest share of crypto-related web traffic in most CSAO countries over the last 12 months, according to Chainalysis. Nonfungible tokens (NFTs) may be the biggest driver of crypto adoption in Central, Southern Asia, and Oceania (CSAO), a new report has found.  According to a Sept. 21 Chainalysis post titled “Crypto…
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Vietnam, Philippines, India, China Among Top Countries for Crypto Adoption, Chainalysis Global Index Shows

Blockchain analytics firm Chainalysis has published its 2022 cryptocurrency adoption index. Vietnam, the Philippines, India, and China are among the countries with the highest crypto adoption. While the overall adoption slows worldwide in bear markets, it “remains above pre-bull market levels,” the firm said. Chainalysis’ Latest Cryptocurrency Adoption Index Chainalysis published an excerpt of its…
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US Seizes Cryptocurrency Worth $30 Million From North Korean Hackers

Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers. “This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident it won’t be the last,” the firm’s director of investigations said. $30 Million…
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Ether price could ‘decouple’ from other crypto post Merge — Chainalysis

Chainalysis suggests ETH could decouple from other cryptocurrencies post Merge as its staking rewards could make it similar to bonds or commodities. Crypto analytics firm Chainalysis has suggested that the price of Ether (ETH) could decouple from other crypto assets post-Merge, with staking yields potentially driving strong institutional adoption. In a Sept. 7 report, Chainalysis…
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Trezor and Wasabi to Implement a Coinjoin Mixing Scheme Into Hardware Wallets

This week, the hardware wallet manufacturer Trezor, and the non-custodial bitcoin wallet with a built-in Coinjoin mixer, Wasabi, revealed the two teams are working together to introduce Coinjoin mixing into hardware wallets. On Sunday, Wasabi tweeted “hardware wallet Coinjoins are coming next year with our friends at [Trezor].” Trezor Says Company Is ‘Working on a…
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Chainalysis: Illicit Crypto Activity Falls — Scam Revenue 65% Lower Than Last Year

Chainalysis has found that illicit crypto volumes are down this year, with total scam revenue sitting at $1.6 billion, 65% lower than where it was through the end of July last year. “Those numbers suggest that fewer people than ever are falling for cryptocurrency scams,” the blockchain data analytics firm wrote. Data Shows Illicit Crypto…
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Crypto Hacking, Theft Rise This Year While Scams, Darknet Markets Retreat – Chainalysis

Some forms of cryptocurrency-based crime, including hacking and theft of funds, have so far increased in occurrence this year, but others, related to scams and darknet markets, have declined more than the market overall, according to a recent report by blockchain analysis company Chainalysis…. Read More: Crypto Hacking, Theft Rise This Year While Scams, Darknet…
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Crypto scams fall 65% after gullible noobs exit the market: Chainalysis

Less gullible retail investors and falling asset prices have made scamming a less enticing endeavor, but the tsunami of new DeFi applications has hackers licking their lips. Fewer people have fallen victim to cryptocurrency scams in 2022 so far due to falling asset prices and the exit of inexperienced crypto users from the market, a…
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