Emirates NBD has announced Chainalysis as a key council member of the Digital Asset Lab. Chainalysis, the blockchain data platform, will join professional services firm PwC, digital asset transfer and direct custody technology platform Fireblocks, and R3, an enterprise Distributed ledger technology platform, as founding council members of the Lab.Read More…
Shining a spotlight on the laundering of cryptocurrencies, Chainalysis revealed that such activity fell sharply, by nearly 30% last year. The blockchain data company’s researchers have found that in 2023, crypto criminals managed to launder just US$22.2 billion worth of illicit earnings, compared to the all-time high of US$31.5 billionRead More…
After an encouraging decline in 2022, the ransomware landscape saw a major escalation in the frequency, scope, and volume of attacks, resulting in victims paying out over US$1.1 billion in cryptocurrencies to cyber criminals last year. The findings, which are part of Chainalysis’ upcoming 2024 Crypto Crime Report, also highlightedRead More…
In its latest annual analysis of crypto-related crime, blockchain data platform, Chainalysis, found that the value received by illicit cryptocurrency addresses through 2023, totalled US$24.2 billion, a significant drop compared to the all-time high of US$39.6 billion in 2022. Of this, US$14.9 billion, representing the largest portion (61.5%) of theRead More…
As 2023 draws to a close, Chainalysis, the blockchain data company, has revealed the results of its research on ‘approval phishing’ scams through the past year. The technique, in which scammers trick their targets into signing a malicious blockchain transaction that allows them to spend specific tokens inside the victim’s wallet,Read More…
Chainalysis, the blockchain data platform, has unveiled the Middle East and North Africa (MENA) findings of its 4th annual Geography of Cryptocurrency Report, providing comprehensive insight into the actual state of crypto markets and cryptocurrency utilisation across the world. This report revealed that between July 2022 and June 2023, the majorityRead More…
The outlook of global crypto markets, which have been recovering well this year with the prices of digital assets like Bitcoin up over 80% as of June 30, has been infused with further positivity following the release of the latest Crypto Crime Midyear Update from Chainalysis.Read More…
2022 was the biggest year ever for crypto hacking, with US$3.8 billion stolen from cryptocurrency businesses, up from US$3.3 billion in 2021. This increase is even more pronounced when compared to 2019 and 2020, when the total for each year was significantly lower at US$0.5 billion. Over the course ofRead More…
In an era where the mere mention of ransomware conjures negative headlines and narratives — which organisation just fell victim, how large the pay-out was, or how the attack left operations crippled — the latest Crypto Crime Report by Chainalysis finally offers a positive sign. The company’s analysis demonstrates thatRead More…
Chainalysis today announced its plans to participate at GITEX Global 2022 (stand Z4-L67), taking place in Dubai from Oct 10-14. Through a series of panel and keynote discussions as well as several ‘Lightning Talks’, Chainalysis will use the event to raise awareness and educate attendees on some of the mostRead More…
