The cryptocurrency industry faced staggering losses in 2024, with an estimated $2.2 billion stolen across 303 hacking incidents, according to a new report from Chainalysis. This...
Stablecoins now constitute 43% of cryptocurrency transactions in Sub-Saharan Africa, according to a report by Chainalysis. Currency devaluation in Nigeria and Ethiopia has contributed to the...
A 2024 report on crypto adoption by Chainalysis shows that countries in Central and Southern Asia, along with Oceania, are leading the way in adopting cryptocurrencies...
After experiencing a revenue decline in 2022, Chainalysis reports a resurgence in Darknet Markets within the Web3 space, with revenue surging to $1.7 billion in 2023....
A recent report by Chainalysis sheds light on how cryptocurrency crimes are changing. While scams have brought in less money compared to before, there’s been a...
Cryptocurrencies are under heightened scrutiny due to concerns about terrorist financing. Terrorist organizations are drawn to cryptocurrencies such as Bitcoin for their anonymity, cross-border transactions, and...
According to Chainalysis’ 2023 Web3 security report, between January and December 2023, a total of 370,000 tokens were introduced on the Ethereum network, with approximately 168,600...
Chainalysis, a Web3 security firm, has recently published a report indicating that crypto-related sanctions imposed by the OFAC in 2023 surged by more than 100%. The...
Despite the ongoing threat of cryptocurrency hacking, there were some notable shifts in 2023. Chainalysis’s report revealed that while the number of hacking incidents increased from...
Chainalysis reported that illicit addresses facilitated the transfer of $22.2 billion in cryptocurrency in 2023, marking a notable decrease from the $31.5 billion recorded in 2022....
According to Chainalysis’ 2023 cybercrime report, ransomware payments have surged beyond $1 billion, hitting a new all-time high. This number represents a resurgence in ransomware activity...
Animoca Brands, a blockchain-based gaming business once listed on the ASX, is one of the companies included in a $500 million fund that is seeking to...
Sub-Saharan Africa, while still a relatively small player in the global cryptocurrency landscape, has shown remarkable resilience and growth in the face of economic challenges. With...
Amid criticism of the crypto market for lacking n regulations to ensure the industry’s safety , the EU is taking a different stance with MiCA. The...
Following reports that some cryptocurrency exchanges facilitated illicit activities, especially related to the ongoing Israel-Hamas war, the Stablecoin (USDT) issuer has issued a statement, warning against...
Central, Northern, and Western Europe (CNWE) has become a prominent player in the global cryptocurrency space, establishing itself as the second-largest cryptocurrency economy worldwide, with North...
Eastern Europe, a significant player in the global cryptocurrency market, continues to display resilience and determination in the face of the Russia-Ukraine war, Chainalysis said in...
Latin America is increasingly becoming a key participant in the global cryptocurrency landscape, based on a report by Chainalysis on the global crypto index. Many countries...
Elliptic, a blockchain analytics company, refuted allegations that Hamas has received significant cryptocurrency donations to fund its activities. In an October 25 statement, Elliptic stated that...
