Chainalysis
Chainalysis Exposes the Underbelly of Crypto Money Laundering
A recent Chainalysis report highlights the increasing use of on-chain money transfers by traditional money launderers. Kim Grauer, the Head of Research at Chainalysis, identified the “large-scale money laundering infrastructure”...
China’s Crypto Crackdown Failing? Billions in Illegal Transactions Exposed
Recent developments in China suggest the continued use of cryptocurrencies despite an existing ban by the government. Multiple raids by the Chinese police uncovered the use of cryptocurrencies for illicit...
Bitcoin Becomes the Most Preferred Cryptocurrency in the UAE
A recent report unveiled the significant gains in the crypto sector in the United Arab Emirates (UAE) over the last year. According to a Chainalysis report, the UAE has marked...
Scammers Amassed $241 Million Via Pump-and-Dump Scheme, Says Analyst
Chainalysis reports that 54% of Ethereum tokens in 2023 resembled a pump-and-dump scheme. The report states that the scammers have amassed $241 million through market manipulation. The platform analyzed the...
Critic: Chainalysis Backtracks Previous Claims of $450K Terrorism Funding
Recently, X user “Cryptadamist,” with a notable following on the platform, highlighted alleged contradictions regarding the value of crypto funds in terrorism financing, which blockchain analysis firm Chainalysis had earlier...
Chainalysis Cuts 15% of Workforce, Second Round of Layoffs in 2023
According to a report from Bloomberg, the prominent blockchain security data company Chainalysis has recently announced another round of layoffs in the crypto sector. The report quoted a spokesperson for...
CoinDesk’s Op-Ed Retractions Spotlight Alleged Ties With Tron and Chainalysis
CoinDesk rarely retracts articles. However, an op-ed written under a pseudonym criticizing Tron’s CEO, Justin Sun, was so far below “standards” that they retracted it. Kevin Reynolds, the editor-in-chief at...
Chainalysis Spotlights How S.Korean New Act Combats Integrity Concerns
Leading data analytics firm, Chainalysis, brought attention to the groundbreaking development in South Korea’s crypto landscape. The data analytics firm took to Twitter to highlight the implication of the Virtual...
Data Platform Reveals North Korea’s Illicit Financial Activities
On April 25, blockchain data platform Chainalysis reported that three individuals operating in China have been sanctioned by U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today...
Chainalysis Expert Predicts Dark Future for Crypto Taxes in 2022
A disastrous end for cryptocurrency in 2022 would play a role in shaping the future crypto tax regime, according to Roger Brown, Head of Global Tax at Chainalysis. Brown made...
Revenue From Crypto Scams Fell By 46% In 2022: Chainalysis
A new report by blockchain analytics firm Chainalysis revealed the impact of last year’s crypto winter on crypto scams and their revenues. As per the report, the revenue from crypto...
Ransomware Revenue Falls by 40% as Majority of Victims Refuse to Pay
The illegal revenue accruing to crypto criminals from ransomware exploits declined in 2022 as more victims refused to pay, according to recent data published by market intelligence firm, Chainalysis. The...
Chainalysis’s Gronager Hopeful for Future of Crypto Regulations
Michael Gronager, co-founder and CEO at Chainalysis, discusses his outlook for crypto regulations and trading for 2023 as he spoke to Bloomberg. As per Bloomberg, one of the anchors asked...
Almost 104 BTC Moved Out of QuadrigaCX, Reports Chainalysis
With possible signs of the undead, Chainalysis, a crypto analysis company, has observed that over 104 bitcoins have moved out of the bankrupt crypto exchange QuadrigaCX Among the 104 BTC,...
Chainalysis Alerts Exchanges to Freeze FTX Hacker Cash Outs
Chainalysis alerts exchanges to keep an eye out for illicit transfers of stolen FTX funds. Funds on FTX being transferred to The Bahamas Securities Commission were false. Chainalysis promises to...
Crypto Ranked 2nd as Investment Option for 401(k) Participants
Around 25% of workers outside their 401(k), invests in crypto to save for retirement. When asked about their investments, around 33% claimed to have invested in crypto. 11% of Gen...
