Archives

July 3, 2021 @ 10:44 am By Omar Faridi  |  

Cryptocurrency adoption has grown considerably during the past year, however, many people still may not yet fully understand how diverse this space really is as an “asset class,” according to a new report from Chainalysis. The team at Chainalysis, a leading blockchain analysis firm, notes… Read More

July 1, 2021 @ 9:27 pm By Omar Faridi  |  

Chainalysis, the leading blockchain data platform, reveals that it has introduced three subscription options to Market Intel, which is described as a data-driven product that offers key insights into virtual currency markets. Developed on Chainalysis’ “trusted” and proprietary data platform, financial institutions are able to… Read More

June 25, 2021 @ 9:36 am By Omar Faridi  |  

The team at Chainalysis, a leading blockchain analysis firm, is pleased to confirm that they’ve acquired $100 million in capital via a Series E round that was led by Coatue, bringing the company’s valuation to $4.2 billion. Previous investors Benchmark, Accel, Addition, Dragoneer, Durable Capital… Read More

June 17, 2021 @ 4:00 pm By Omar Faridi  |  

Since Bitcoin’s (BTC) launch back in 2009, virtual currency has managed to drive new markets, while spurring advancements in modern financial infrastructure. It has also led to innovative thinking in how to address the global economic requirements, the Chainalysis team writes in a blog post…. Read More

April 24, 2021 @ 12:19 pm By Omar Faridi  |  

Last week, the US sanctioned several groups and individuals because of their alleged association with “disinformation” campaigns that were reportedly coordinated by the Russian government. Blockchain analysis firm Chainalysis points out that a few of the sanctioned utilized virtual currency in their “criminal endeavors,” and… Read More

April 7, 2021 @ 3:35 pm By Omar Faridi  |  

Gurvais Grigg recently revealed why he joined blockchain analysis firm Chainalysis as its Global Public Sector CTO after working for over two decades at the Federal Bureau of Investigation (FBI), most recently as Assistant Director of the FBI Laboratory. In his new role, Grigg will… Read More

March 26, 2021 @ 10:43 pm By Samantha Hurst  |  

Blockchain analysis company, Chainalysis, announced on Friday it raised $100 million through its Series D funding round, which was led by Paradigm with participation from TIME Ventures, the investment fund for Marc Benioff, along with previous investors Addition and Ribbit. Chainalysis reported that it is now… Read More

March 20, 2021 @ 7:37 pm By Omar Faridi  |  

Notabene has teamed up with blockchain analysis firm Chainalysis to bring a “scalable” Travel Rule solution to cryptocurrency-focused businesses. Crypto-related businesses are working consistently to meet updated regulatory guidelines involving counterparty risk. According to a blog post by Chainalysis, the most notable of these requirements… Read More

March 2, 2021 @ 7:43 am By Omar Faridi  |  

On January 27, 2021, the US Department of Justice (DOJ) revealed that there had been a significant disruption of the NetWalker ransomware strain. FBI agents assigned to the case had taken down a website NetWalker attackers had allegedly used to communicate with the unsuspecting victims…. Read More

January 30, 2021 @ 4:02 pm By Omar Faridi  |  

Ransomware “skyrocketed” last year, however, there might be “fewer culprits” than we may think or expect, according to a report from blockchain analysis firm Chainalysis. Chainalysis acknowledges that 2020 will “forever be known” as the year of COVID-19, but when it comes to cryptocurrency-related crime,… Read More

January 20, 2021 @ 6:34 pm By Omar Faridi  |  

Blockchain analysis firm Chainalysis notes that 2020 was an “incredible” year for Bitcoin (BTC) and the larger cryptocurrency market. Despite the devastation and socioeconomic problems resulting from the global Covid-19 pandemic, Bitcoin, the flagship digital currency, managed to shatter its previous all-time highs. The Bitcoin… Read More

December 9, 2020 @ 9:49 pm By Omar Faridi  |  

Blockchain analysis firm Chainalysis has teamed up with top Japanese system integrators in order to boost its compliance network. Chainalysis announced on December 7, 2020, that it has partnered with Japan-based system integrators Hitachi and SB C&S. These firms are the latest to join Chainalysis’… Read More

December 5, 2020 @ 4:11 pm By Omar Faridi  |  

Blockchain analysis firm Chainalysis notes that global darknet markets have long “fascinated” the general public, beginning with the infamous Silk Road, which represented around 20% of all Bitcoin (BTC) related activity during its “heyday” back in 2013. But since that time, these illicit activities account… Read More

November 26, 2020 @ 8:53 am By Omar Faridi  |  

Chainalysis, a leading blockchain research firm, says that the best way to assess or determine the risk of a virtual currency address or group of associated addresses (e.g., like a wallet) is to analyze all the other addresses with which it has conducted transactions. According… Read More

November 21, 2020 @ 5:13 pm By JD Alois  |  

Chainalsysis, a top firm aiding both public and private entities monitor and track crypto transactions, is expected to raise $100 million at a $1 billion valuation according to a report by Forbes. The new funding is said to be led Lee Fixel’s VC firm, Addition,… Read More

November 20, 2020 @ 1:37 pm By Omar Faridi  |  

The Bitcoin (BTC) price has been hovering around $18,000 for the past few days. According to blockchain analysis firm Chainalysis, this means that we’re in the midst of a significant price surge that has not been seen since the bull run of late 2017 and… Read More

November 13, 2020 @ 8:54 am By Omar Faridi  |  

Chainalysis, a leading blockchain analysis firm, has introduced an asset realization program to assist government departments and insolvency practitioners with handling, storing, “realizing,” and monitoring seized assets. As mentioned in a blog post by Chainalysis, this announcement has come soon after the largest ever seizure… Read More

November 1, 2020 @ 4:24 pm By Omar Faridi  |  

Blockchain analysis firm Chainalysis confirms that decentralized finance (DeFi) is growing at “warp speed,” however, regulatory guidelines and compliance requirements still remain unclear. The Chainalysis team states in a blog post that DeFi’s explosive growth has been one of cryptocurrency’s “biggest stories” of 2020. The… Read More

October 14, 2020 @ 9:41 am By Omar Faridi  |  

Chainalysis, a leading blockchain analysis firm, has revealed that it managed to grow its revenue 100% year-over-year. The New York-based firm says it’s now preparing for an expected surge in private sector business. Chainalysis claims that it has managed to grow its customer base by… Read More

October 10, 2020 @ 3:03 pm By Omar Faridi  |  

Blockchain analysis firm Chainalysis notes that its Reactor tools lets researchers and investigators track and analyze the movement of virtual currencies between different crypto addresses. The Reactor tool is also used to identify transactions that may involve stolen or otherwise illicit digital currency. Cybercriminals might… Read More