News about CHAINALYSIS

News about Chainalysis

Just 0.24% of all crypto transaction volume in 2022 was associated with illicit activity according to Chainalysis

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Sanctions couldn’t terminate Tornado Cash, says Chainalysis

The decentralised nature of Tornado Cash has made it nearly impossible to put an end to it. Chainalysis revealed that total inflows to the mixer dropped by 68% in the 30 days after sanctions. Tornado Cash’s smart contract code can be used...

Sanctions couldn't 'pull the plug' on Tornado Cash: Chainalysis

While it has become harder to access the crypto mixer today, for better or worse, decentralization means it’s near impossible to put an end to it. Sanctions aimed at d...

Proactive sanctions can help spare the ecosystem: Chainalysis exec

Andrew Fierman highlighted the nuances of sanctions depending on who is involved, what is at stake and where they’re coming from. As many countries, entities and even...

Crypto Survived MtGox and it Will Survive FTX: Chainalysis

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Crypto has survived worse than the fall of FTX: Chainalysis

According to Chainalysis, the downfall of FTX is likely to have a relatively smaller effect on the crypto ecosystem than the demise of Mt. Gox. Blockchain analysis fir...

DEXs were winning the crypto battle well before FTX meltdown: Chainalysis

Figures from this Reuters article on the merits of CEXs vs DEXs https://www.reuters.com/markets/currencies/cryptoverse-lets-talk-about-dex-baby-2022-11-22/ There has been a broader, more subtle shift to decentralized exchanges, with data from Chainal...

Chainalysis Absolutely Dropped The Ball On FTX

Chainalysis is supposedly the leading firm behind blockchain analysis, providing data for international law enforcement and regulat agencies as well as private security clients. Im sure we’ve all seen several articles about the adept on-chain sleuthi...

Chainalysis: Stablecoins Used to Fight Devaluation and Inflation in Latam

According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic problems that both countries are facing. 34% of th...

North Korea Responsible for About 60% of Crypto Hacks: Chainalysis

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Crypto, 2022 Is The Best Year For Hacks According To Chainalysis!

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War Spurs Crypto Activity in Russia and Ukraine, Chainalysis Reports

The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in transaction volumes this year, the blo...

Hackers have already stolen $3 billion worth of crypto in 2022: Chainalysis

Hackers have so far stolen $718 million from DeFi protocols in October, which could yet be the biggest month for hackers, Chainalysis said in a report. Total value hacked and the number of hackings across the decentralised finance (DeFi) ecosystem ha...

Hodlers prefer centralized exchanges over DeFi for security: Chainalysis

Security remains a perennial concern for DeFi protocols, but DeFi will still inevitably “grow and flourish,” Bitfinex chief technology officer Paolo Ardoino believes....

Barely halfway and October’s the ‘biggest month’ in crypto hacks: Chainalysis

While 2021 was the biggest year on record for crypto hacks, 2022 could “likely” beat the record “at this rate” according to Chainalysis. Blockchain analytics firm Chai...

High Risk Crypto Activity on The Rise in Eastern Europe Amid Russia-Ukraine War - Chainalysis

Illicit cryptocurrency activities have increased in the region driven by economic sanctions. (Read More)

MENA Region Emerges as The Fastest Growing Crypto Market: Chainalysis Report

Much of the crypto growth in the Middle East & North Africa (MENA) region is driven by savings preservation, remittance payments, and friendly crypto regulations. (Read More)

Crypto Is Quietly Thriving in Sub-Saharan Africa: Chainalysis Report

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Ghana set to catch up to Nigeria and Kenya in terms of crypto adoption: Chainalysis

Paxful CEO Ray Youssef said that the current growth trends in Ghana show it has the potential to be a leader in terms of crypto adoption. As emerging markets take the...

Tornado Cash saga left a void, says Chainalysis chief scientist: Finance Redefined

A new report suggests the Ethereum staking ecosystem could become a formidable industry impacting a wider crypto economy. Welcome to Finance Redefined, your weekly dos...

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 mixer’s sanction and ban by the U.S. Treasury. T...

Crypto Adoption Grows among Asian Countries, Says Chainalysis Report

Chainalysis has released the analysis report, showing that countries in Central & Southern Asia and Oceania (CSAO) region received more than $900 billion in crypto value from July 2021 to June 2022. (Read More)

Crypto-Tracer Chainalysis Busts Bitcoin (BTC) Anonymity - Bloomberg

Crypto-Tracer Chainalysis Busts Bitcoin (BTC) Anonymity& & Bloomberg

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 market...

Emerging markets lead global adoption index: Chainalysis report

Lower-middle income countries hold a majority of the positions in the top 20 countries in terms of crypto adoption. While global adoption slowed down because of the ch...

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