ZebPay teams up with Chainalysis to monitor transactions in India as the firm re-expands services in its home country. Major Indian cryptocurrency exchange and wallet provider Zebpay has commissioned blockchain forensics firm Chainalysis to monitor transactions executed across its platforms in India. The move comprises an expansion in the partnership between Chainalysis and ZebPay, with…
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The head of the agency that enforces the Bank Secrecy Act and KYC requirements in the U.S. says the agency aims to help crypto innovate responsibly. In a May 27 interview sponsored by Chainalysis, Director of the United States Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco was adamant that the regulator is not the enemy.…
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Scammers impersonating a Michael Bloomberg BTC giveaway on YouTube want your Bitcoins. Scammers are streaming Michael Bloomberg speeches on YouTube, claiming that the former presidential candidate is giving away free Bitcoin (BTC). Michael Bloomberg BTC Giveaway On May 14, there were at least two such incidents with an apparent combined audience of almost 60,000. The…
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Andreas Antonopoulos believes that companies like Chainalysis violate the civil rights of millions of individuals. In an interview from April 25, Andreas Antonopoulos compared working at Chainalysis to working for a weapons manufacturer or a company that builds cages for concentration camps. Andreas Antonopoulos, perhaps, the best known Bitcoin (BTC) educator, had very harsh words…
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PlusToken is not behind the recent Bitcoin price crash, but as scam activity peaks amid the pandemic they may still affect the market. Bolstered by the new coronavirus pandemic, scams continue to be rampant in the cryptocurrency world. From malware to fake investment programs and even fake donations to health organizations, scammers are known for…
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According to Chainanalysis’ latest report, there were over $1 trillion worth of crypto transactions in 2019 with only 1.1% percent of them being illicit. According to Chainalysis’ March 5th webinar, over $1 trillion worth of cryptocurrency transactions took place in 2019 with only 1.1% of them being illicit. Source: Chainalysis Diminishing of darknet markets Overall,…
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North Korean hacking group Lazarus reportedly created an elaborate ruse to phish DragonEx exchange employees into installing a malware-infested trading bot. The North Korean hacking team Lazarus Group targeted several crypto exchanges last year, Chainalysis reports. One of the attacks involved the creation of a fake, but realistic trading bot website that was offered to…
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A UK high court imposed a proprietary injunction on Bitcoin paid as ransom in a ransomware attack. A United Kingdom High Court ordered a proprietary injunction on Bitcoin (BTC) obtained through a ransomware attack on a Canadian insurance company. A proprietary injunction is an order which prevents a person from dealing with their own assets…
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