February 2, 2019 @ 11:14 am By Cali Haan  |  

In its latest “Crypto Crime Report,” blockchain forensics firm Chainalysis says that two groups are responsible for 60% of hacks on cryptocurrency exchanges, the most lucrative types of crypto hacks by far: “Hacking dwarfs all other forms of crypto crime, and it is dominated by… Read More

January 25, 2019 @ 1:04 am By Cali Haan  |  

Many have seen ads on social media from fake accounts of “celebrities” asking followers to send Ethereum cryptocurrency and receive much more back. According to Blockchain forensics” firm Chainalysis, these scams were much more profitable last year. In 2018, ETH-scam pervaders boosted their profits from… Read More

January 24, 2019 @ 1:14 am By Cali Haan  |  

Bitfury, one of the world’s largest “blockchain” companies (they manufacture cryptocurrency miners, run “cryptomining pools” and generate software) has appointed a new CEO to run its blockchain forensics leg Crystal, according to a company release. Marina Khaustova, reportedly the former chief marketing officer and  co-founder of a digital token… Read More

January 20, 2019 @ 10:00 am By Cali Haan  |  

An average of $2 million USD in Bitcoins per day is still flowing into Dark Net markets, despite an 80% price slump and the mid-2017 shuttering of Alpha Bay and Hansa, two popular Dark marketplaces, Reuters reports. Reuters says that flow represents a doubling of… Read More

November 24, 2018 @ 12:51 pm By Cali Haan  |  

Despite Bitcoin having achieved some of the price stability advocates have long said would facilitate its adoption at the retail level, the retail use of Bitcoin declined 80% in 2018, says blockchain analysis firm Chainalysis. Currently, many Bitcoin transactions are settled directly to the blockchain, meaning… Read More

October 18, 2018 @ 3:16 am By Erin Hobey  |  

Chainalysis, a cryptocurrency compliance and investigation solutions provider, has completed a global roll-out of its compliance solution with Binance, the world’s largest cryptocurrency exchange by trade volume, to help address the challenges at the intersection of cryptocurrencies, regulators and traditional financial institutions. “Cryptocurrency businesses of… Read More

September 26, 2018 @ 8:26 pm By Cali Haan  |  

Government agencies in the US have more than tripled the amount of money they are allotting to private firms doing forensics on blockchains like Bitcoin, says weekly newsletter for institutions, diar. The biggest spender by far is the Internal Revenue Service (IRS), which is “accounting… Read More