Tagged: chainalysis

July 14, 2025 @ 5:23 pm By Omar Faridi  |  

Recently, the U.S. Senate Banking Committee convened a pivotal hearing titled “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets,” bringing together industry professionals, policymakers, and experts to discuss the future of cryptocurrency regulation in the United States. The session, attended by figures such… Read More

July 10, 2025 @ 9:05 am By Omar Faridi  |  

In a historic milestone for Greece’s fight against financial crime, the Hellenic Anti-Money Laundering Authority (HAML) executed the country’s first-ever cryptocurrency seizure, successfully recovering a portion of funds stolen in the massive $1.5 billion Bybit exchange hack of February 2025. This breakthrough, announced on July… Read More

July 3, 2025 @ 11:13 am By Omar Faridi  |  

On July 1, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against Aeza Group, a Russia-based bulletproof hosting (BPH) services provider, for its role in facilitating cybercriminal activities targeting victims in the United States and globally. Bulletproof hosting… Read More

June 27, 2025 @ 10:57 am By Omar Faridi  |  

The cryptocurrency ecosystem is evolving, driven by increasing global adoption and the need for robust frameworks to ensure trust, security, and compliance. Recent insights from Chainalysis highlight three critical areas shaping the industry: the global push for crypto regulation, the security risks surrounding stablecoins, and… Read More

June 21, 2025 @ 2:08 pm By Michael Wong  |  

Cryptocurrency adoption has surged globally in 2025, underpinned by a dual wave of institutional engagement in developed markets and real-world utility in lower- and middle-income countries, according to the Chainalysis Global Crypto Adoption Index. While advanced economies are focused on regulatory clarity and structured investment… Read More

June 8, 2025 @ 4:33 pm By Omar Faridi  |  

In a case showcasing the power of blockchain intelligence in combating cybercrime, Chainalysis, a blockchain analytics firm, played a pivotal role in assisting the FBI to trace and freeze millions of dollars in cryptocurrency linked to a 2023 ransomware attack on Caesars Entertainment. The attack,… Read More

June 1, 2025 @ 5:15 pm By Omar Faridi  |  

In 2024, the cryptocurrency industry witnessed an unprecedented surge in scams, with revenues potentially reaching a record-breaking $12.4 billion, according to blockchain analytics firm Chainalysis. The rise of artificial intelligence (AI) and the proliferation of “pig butchering” scams have significantly contributed to this alarming trend,… Read More

May 13, 2025 @ 11:34 pm By Omar Faridi  |  

The financial sector in the US is undergoing a transformative shift, as regulatory challenges that once stifled innovation in digital assets are being addressed with progressive policies and guidelines. According to Chainalysis, a new era is beginning for banks, one where they can explore cryptocurrency… Read More

May 9, 2025 @ 8:50 am By Omar Faridi  |  

Blockchain analytics firm Chainalysis has announced a significant milestone in its strategic partnership with Tether, one of the world’s largest stablecoin issuers. Chainalysis’ compliance and monitoring tools have reportedly been integrated into Hadron by Tether, which is a platform designed to tokenize real-world assets (RWAs)…. Read More

May 5, 2025 @ 7:43 am By Omar Faridi  |  

Chainalysis has unveiled Sentinel, an ecosystem monitoring solution designed to enable crypto token issuers with tools to manage compliance risks and support / participate in safer, more transparent markets. As stablecoins and tokenized assets become more widely adopted, Sentinel arrives at an important juncture, addressing… Read More

May 1, 2025 @ 8:37 pm By Omar Faridi  |  

The cryptocurrency ecosystem continues to face relentless challenges from hacks, scams, and sophisticated laundering operations, with 2025 already marking a grim milestone in crypto crime. According to detailed research reports from Immunefi, Elliptic, and Chainalysis, the scale of financial losses and illicit activity in the… Read More

April 24, 2025 @ 11:17 am By Omar Faridi  |  

Chainalysis has noted that on April 7, 2025, Deputy Attorney General Todd Blanche issued a pivotal memorandum, now widely known as the “Blanche Memo,” marking a significant shift in the U.S. Department of Justice’s (DOJ) approach to digital asset enforcement. This directive signals the end… Read More

April 24, 2025 @ 9:12 am By Omar Faridi  |  

Wyden, the provider of institutional digital asset trading infrastructure, has been selected as a key technology partner in the launch of Sopra Crypto Solutions – together with Fireblocks and Chainalysis. Sopra Crypto Solutions is a white-label platform from Sopra Steria designed to accelerate “the launch… Read More

April 10, 2025 @ 8:07 am By Omar Faridi  |  

Chainalysis partnered with the Spanish National Police in Operation Bonanza to dismantle an international Ponzi scheme that defrauded over 50,000 victims worldwide. This operation, which reportedly amassed more than $500 million in cryptocurrency, underscores the importance of technology and public-private collaboration in combating illicit financial… Read More

March 27, 2025 @ 6:26 am By Omar Faridi  |  

The rise of cryptocurrency has not only disrupted traditional finance but also presented new avenues for illicit activity. However, as detailed in Chainalysis’ report, the transparency of blockchain technology has both advantages and certain drawbacks. Chainalysis explained in the update that while criminals move billions… Read More

March 12, 2025 @ 9:32 am By Omar Faridi  |  

On March 7, 2025, the US Department of Justice (DOJ), in an operation alongside authorities in Germany and Finland, announced the disruption of Garantex, a Russia-based cryptocurrency exchange allegedly known for its deep ties to the global cybercrime economy. This coordinated effort resulted in the… Read More

March 8, 2025 @ 4:23 pm By Omar Faridi  |  

A recent report from blockchain security and analytics firm Chainalysis  highlights the escalating threat of damaging cyberattacks in the web3 and cryptocurrency sector and offers an extensive blueprint for virtual currency exchanges to strengthen their defenses against these malicious activities. The research report leverages insights… Read More

February 26, 2025 @ 9:20 am By Omar Faridi  |  

On Friday, February 21, 2025, the cryptocurrency ecosystem was rocked by one of the largest hacks in its history: a meticulously executed theft of nearly $1.5 billion worth of Ethereum tokens (and some other cryptocurrencies) from Bybit, a prominent crypto exchange. Although many of these… Read More

February 22, 2025 @ 5:50 pm By Omar Faridi  |  

The blockchain and crypto ecosystem last year was marked by significant illicit activity, with sanctioned entities and jurisdictions playing a major role, according to Chainalysis’s latest report, entitled “2025 Crypto Crime Trends: Sanctions.” The blockchain analytics firm reveals that $15.8 billion in crypto flowed to… Read More

February 6, 2025 @ 12:21 am By Omar Faridi  |  

Chainalysis explained that Virtual Asset Service Providers (VASPs) play a crucial role in the cryptocurrency landscape by providing services that facilitate the use and “adoption of digital assets by retail and institutional customers alike.” From exchanges to custody providers to payment processors, VASPs are helping… Read More