DeFi Hack Linked to North Korea
The DeFi world was rocked when Euler Finance fell victim to the biggest DeFi hack of 2023, with $197 million in funds stolen. Since then, the crypto community has been…
Eastern Asia’s Crypto Market Growth Halts, China’s Crypto Transaction Volume Drops by 31% YoY
Chainalysis, a US blockchain analysis firm, released a new research study Thursday, showing that Eastern Asia is the fourth-largest cryptocurrency market, receiving $777.5 billion worth of crypto between July 2021 and June…
High Risk Crypto Activity on The Rise in Eastern Europe Amid Russia-Ukraine War – Chainalysis
Chainalysis, a US blockchain analysis firm, on Wednesday, released a new research study showing that Eastern Europe is the fifth-largest cryptocurrency market, with $630.9 billion in value received on-chain in the…
BNY Mellon Launches Crypto Custody Service – Report
Bank of New York (BNY) Mellon has announced that its digital assets custody service is now live as it seeks to deepen its foothold in the emerging cryptocurrency ecosystem. Ranked…
MENA Region Emerges as The Fastest Growing Crypto Market: Chainalysis Report
US blockchain analysis firm Chainalysis released its latest report Wednesday, indicating that the region of the Middle East & North Africa (MENA) enjoys the fastest growing tendency in terms of cryptocurrency adoption despite it is…
Crypto Adoption Grows among Asian Countries, Says Chainalysis Report
Countries in the Central & Southern Asia and Oceania (CSAO) region received more than $900 billion in crypto value from July 2021 to June 2022, according to Chainalysis released on Wednesday.…
Chainalysis Partners with US Regulators to Recover $30m from Ronin Loot
Blockchain analytics and security service provider, Chainalysis has helped in the recovery of $30 million in funds stolen from the Ronin Bridge by the elite North Korean hacking outfit Lazarus…
Crypto Scam Revenue Has Dropped by 65% in 2022: Chainalysis
Illicit crypto volumes have been diminishing year-over-year, with scams making the largest drop, according to a report by blockchain analytic firm Chainalysis. Chainalysis pointed out: “Total scam revenue for 2022…
Pro-Russia Groups Evaded Sanctions With Over $2M Crypto Donations
American blockchain analysis firm, Chainalysis, has released a detailed report on how over $2 million in cryptocurrency donations have been used to fund the Russian-wing of the war in Ukraine…
Use of Crypto Mixers Reaches ATH in 2022: Chainalysis Report
Blockchain analysis firm, Chainalysis has released a report on the doubled use of crypto mixers this year with illicit addresses responsible for about 10% of the total usage. Based on…