Chainalysis – Page 6

Today in Crypto: Police Looking for the Killer of MobileCoin Exec Bob Lee, MicroStrategy Acquires Additional 1,045 BTC, Fashion Giant Ralph Lauren Enables Crypto Payments in Miami Store

April 5, 2023

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: Today in Crypto: Police Looking for the Killer of MobileCoin Exec Bob Lee, MicroStrategy Acquires Additional 1,045 BTC, Fashion Giant Ralph Lauren Enables Crypto Payments in Miami Store Read more »Sign…
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Euler Finance to enter talks with exploiter over the return of funds

March 21, 2023

The flash loan exploiter claims they have “no intention of keeping what is not ours” and wants to “come to an agreement” with Euler Finance. Ethereum-based lending protocol Euler Finance could be a step closer to recovering funds stolen in a $196 million flash loan attack last week, with private discussions now initiated with the…
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Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash

March 17, 2023

The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to funds during crises. The collapse of Silicon Valley Bank saw investors loading their bags with USD Coin (USDC), along with an exodus of funds from centralized exchanges (CEXs) to decentralized exchanges (DEXs). Outflows from centralized exchanges…
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Euler Finance’s offer to hacker: Keep $20M or face the law

March 15, 2023

The hacker committed a $196 million flash loan attack on the Ethereum-based lending protocol on March 13. Ethereum-based noncustodial lending protocol Euler finance is trying to cut a deal with the exploiter that stole millions from its protocol, demanding the hacker returns 90% of the funds they stole within 24 hours or face legal consequences.…
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Today in Crypto: Tel Aviv Stock Exchange to Let Nonbank Members’ Customers Trade Crypto, Two Hackers Arrested in France, $70M in BTC and ETH Donated to Ukraine

February 27, 2023

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: Today in Crypto: Tel Aviv Stock Exchange to Let Nonbank Members’ Customers Trade Crypto, Two Hackers Arrested in France, $70M in BTC and ETH Donated to Ukraine Read more »Sign up…
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Chainalysis: Crypto Scam Revenue Dropped 46% in 2022

February 21, 2023

Revenue from cryptocurrency scams dropped 46% in 2022, according to blockchain data analytics firm Chainalysis. “We attribute most of this decline to market conditions, as scam performance tends to worsen when cryptocurrency prices are in decline,” the firm explained. ‘Crypto Scam Revenue Fell Significantly in 2022’ Blockchain data analytics firm Chainalysis published its 2023 Crypto…
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Crypto investors spent $4.6B buying ‘pump and dump’ tokens last year

February 17, 2023

Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis. Cryptocurrency investors funneled as much as $4.6 billion into crypto tokens suspected to be part of “pump and dump” schemes in 2022. A Feb. 16 report from blockchain analytics firm Chainalysis…
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Crypto scammers feel the chill: Revenue drops 46% in 2022 — Chainalysis

February 17, 2023

Falling crypto prices caused crypto scam revenue to plummet in 2022, though two scam types managed to persist. Crypto scam revenue was slashed by almost half in 2022 due mainly to falling crypto asset prices, but two scam types managed to stay immune. Crypto scam revenue in 2022, which includes investment scams, NFT scams and…
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North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils

February 8, 2023

The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state. Cybercrime Groups Linked to North Korea Get…
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Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis

February 4, 2023

Blockchain analytics firm Chainalysis says 2022 was “the biggest year ever for crypto hacking,” with $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (defi) protocol hacks accounted for 82.1% of all cryptocurrency stolen by hackers during the year. Crypto Hacking Hit Record High in 2022 Blockchain analytics firm Chainalysis published a…
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