Chainalysis – Page 10

South African Professor Accuses Central Bank Official of Spreading Misinformation That Damages Crypto Industry

August 3, 2022

A South African professor, Steven Boykey Sidley, has branded as “balderdash” claims by the South African central bank deputy governor that “90% of cryptocurrency transactions” are illicit. The professor also accused the senior central bank official of spreading inaccurate information that “does immeasurable damage to an important new industry.” Only 0.15% of Crypto Transactions Are…
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Traders Withdraw $3.6 Billion in Ethereum From Crypto Exchanges in 17 Days

July 24, 2022

The pencilled-in preliminary date for The Merge, revealed by the Ethereum developer Superphiz, is less than two months away and the announcement seemingly caused a number of developments to happen. First off, the network’s native token ether saw a significant spike in value and secondly, Ethereum’s hashrate has dropped 18.21% since June 30. Data also…
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Mixers Receiving ‘More Cryptocurrency than Ever in 2022’ – Chainalysis

July 15, 2022

Crypto mixers – services that exist to increase the anonymity of crypto users – are more popular than ever, while illicit addresses account for 23% of funds sent to mixers so far this year, a new report from blockchain intelligence firm Chainalysis has found. The 23% number for these seven months of 2022 marks a…
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Report: Crypto Market Crash Wipes Millions of Dollars From North Korea’s Kitty of Stolen Cryptocurrencies

July 1, 2022

The recent plunge in the value of cryptocurrencies may have wiped out millions from North Korea’s fund comprised of stolen crypto assets. The diminishing value of cryptocurrencies is believed to be affecting Pyongyang’s ability to fund its weapons programs. Stolen Crypto Assets and North Korea’s Weapons Programs The recent crash of the crypto market may…
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BlockFi Withdrawals Drop, Bitcoin Mining Difficulty, New NFT Wallets, 3 Crypto Films + More News

June 22, 2022

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: BlockFi Withdrawals Drop, Bitcoin Mining Difficulty, New NFT Wallets, 3 Crypto Films + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card

Terra Honeypot Scam, Blocked Bored Ape NFT Sale, FTX Offers Stocks + More News

May 19, 2022

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Terra Honeypot Scam, Blocked Bored Ape NFT Sale, FTX Offers Stocks + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card

Chainalysis Reaches $8.6 Billion Valuation In $170 Million Series F Funding Round

May 14, 2022

Chainalysis, a cryptocurrency security and blockchain auditing firm, has announced it has completed a new funding round for its operations. The company raised $170 million in its Series F funding round, which was led by GIC — the Government of Singapore Investment Corporation — and also had the participation of earlier investors. With this capital…
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Good News for German Crypto Investors, Spot Trading Increased in April + More News

May 11, 2022

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Good News for German Crypto Investors, Spot Trading Increased in April + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card

Chainalysis: Crypto Gains Skyrocket Worldwide — Investors’ Profit Grew 5x to $163 Billion in 2021

April 25, 2022

Blockchain data analytics firm Chainalysis has found that the total cryptocurrency gains worldwide amounted to $163 billion in 2021, which was 5x the previous year or a 400% increase. Chainalysis on Crypto Gains Worldwide Blockchain analysis firm Chainalysis published a blog post last week titled “2021 Cryptocurrency Gains by Country: Ethereum Leads as Gains Skyrocket…
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ETH Mixer Tornado Cash Reveals Blocking OFAC Sanctioned Ethereum Addresses via Chainalysis Oracle Contract

April 16, 2022

According to the project’s official Twitter account, Tornado Cash, the ethereum mixing service that allows participants to shuffle ether, is blocking flagged ethereum addresses listed on the Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals And Blocked Persons list (SDN). The decision follows the recent OFAC update, that lists the Ronin exploiter’s ethereum address,…
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