Tagged: chainalysis

June 1, 2020 @ 5:13 pm By Omar Faridi  |  

Zebpay, a digital currency wallet and exchange provider that began its relaunch in India earlier this year, will be working with blockchain security and analysis firm Chainalysis to monitor crypto-asset transactions performed across its platforms for Indian consumers. Chainalysis had already been providing its Know… Read More

April 26, 2020 @ 10:32 pm By Samantha Hurst  |  

Korean cryptocurrency trading platform Upbit has reportedly expanded its partnership with Chainalysis, a blockchain analysis company, to provide support across the broader Asia Pacific (APAC) region. According to the duo, Upbit APAC will also use Chainalysis KYT (Know Your Transaction) to ensure safe, secure trading experiences… Read More

April 9, 2020 @ 10:50 am By Samantha Hurst  |  

Blockchain security and analytics firm Chainalysis announced on Thursday the launch of its partnership program, which will reportedly work with key infrastructure providers to “broaden” cryptocurrency transaction monitoring through integrations, distribution partners in new global markets and data providers to strengthen Chainalysis’ crypto intelligence. Chainalysis… Read More

March 24, 2020 @ 7:58 am By Omar Faridi  |  

Chainalysis, a leading blockchain analytics and security company, has teamed up with Paxful, a major peer-to-peer (P2P) digital asset exchange. The partnership involves Chainalysis helping  Paxful with enhancing its compliance and KYC processes. Paxful will reportedly be using Chainalysis’ know your transaction (KYT) and “reactor”… Read More

February 25, 2020 @ 10:31 am By JD Alois  |  

Michael Mosier has joined the Financial Crimes Enforcement Network (FinCEN) as its new Deputy Director and Digital Innovation Officer. FinCEN is part of the US Department of Treasury. Mosier will be FinCEN’s first Digital Innovation Officer helping the agency to adapt to the fast-changing world… Read More

January 16, 2020 @ 9:58 am By Omar Faridi  |  

Chainalysis, a leading blockchain analytics and cybersecurity firm, revealed on January 15, 2020 that it had managed to trace $2.8 billion in Bitcoin (BTC) being transferred to criminals via cryptocurrency exchanges in 2019, with the vast majority of these transactions going through Binance and Huobi,… Read More

December 19, 2019 @ 3:29 am By Cali Haan  |  

Cryptoforensics firm Chainalysis says massive OTC cryptocurrency cash-outs by “PlusToken” scammers may be driving down the price of bitcoins. According to the firm: “Based in China, PlusToken presented itself as a cryptocurrency wallet that would reward users with high rates of return if they purchased… Read More

October 5, 2019 @ 10:50 am By Cali Haan  |  

Chainalysis, producer of KYT (know your transaction) and AML-compliance software that currently supports monitoring of 10 cryptocurrencies (Bitcoin, Litecoin, Bitcoin Cash, Ether, Binance Coin, Gemini Dollar, TetherUSD, Paxos Standard, and TrueUSD), has issued a “multi-currency release” that the company says will allow users to track transactions on… Read More

September 26, 2019 @ 3:10 pm By JD Alois  |  

Digital asset trading platform Bittrex has signed up to leverage Chainalysis and its Know Your Transaction (KYT) platform. As regulators have focused more energy and attention on the crypto market, exchanges have had to up their game to make certain they operate within the parameters… Read More

August 23, 2019 @ 8:54 am By Cali Haan  |  

Blockchain forensics firm Chainalysis has launched a “Know Your Transaction (KYT)…real-time anti-money laundering (AML) compliance solution for monitoring cryptocurrency transactions…across 15 cryptocurrencies.” Networks covered by the software include Bitcoin, Ethereum, Bitcoin Cash, Litecoin, stablecoins and ERC-20 tokens such as Tether, Maker, and Dai. The company… Read More

July 19, 2019 @ 7:27 am By Cali Haan  |  

About two years ago, crypto-forensics startup Chainalysis figured out it that its software could be adapted to help banks and cryptocurrency exchanges comply with anti-money laundering requirements, and Forbes believes the company is set to become a unicorn as a result. “We’re now helping banks… Read More

June 27, 2019 @ 1:42 am By Cali Haan  |  

Blockchain forensics firm Chainalysis, which recently expanded into providing KYC/AML support services to cryptocurrency businesses, has added another member to its powerful compliance team. According to a company release, Michael Mosier, former high-ranking employee at the Department of Justice (DOJ), the Office of Foreign Assets Control… Read More

June 6, 2019 @ 10:58 am By JD Alois  |  

Crypto forensics firm Chainalysis has partnered with Lendingblock, the institutional lending exchange for digital assets. Chainalysis will provide AML/KYC technology to Lendingblock. Lendingblock allows hedge funds, exchanges, asset managers, etc. to find liquidity and facilitate strategies, in the digital asset sector. Lendingblock is regulated by… Read More

April 28, 2019 @ 6:07 pm By Cali Haan  |  

Israeli civic-defence groups have been sounding the alarm since January that the militant Palestinian-liberation organization Hamas has started raising funds via Bitcoin. And while donations of Bitcoins to Hamas so far pale in comparison to the millions of dollars Hamas is believed to receive from… Read More

April 26, 2019 @ 11:33 am By Cali Haan  |  

Chainalysis, an American company at the forefront of cryptoforensics (cryptocurrency transaction investigation), says it has added tracking of four “stable coins” to the suite of coins its “KYT” software can monitor. Chainalysis says its KYT (Know Your Transaction) software has already been being used by,… Read More

April 16, 2019 @ 11:00 pm By JD Alois  |  

Mitsubishi UFJ Financial Group (MUFG), via MUFG Innovation Partners (MUIP), has invested in Chainalysis – a provider of cryptocurrency compliance solutions. MUIP invested $6 million into Chainanalysis as part of a $36 million Series B funding round. The Series B was announced in February. Mitsubishi… Read More

March 11, 2019 @ 9:17 pm By Cali Haan  |  

CipherTrace, a “blockchain forensics” firm that provides law enforcement and other clients with real-world data on cryptocurrency transactions, has issued a statement assuring the public that it does not sell data it obtains during the course of business to any third parties. The statement comes… Read More

March 10, 2019 @ 11:17 am By Cali Haan  |  

Blockchain forensics firm Chainalysis has blogged to address possible concerns that its services could be being used to violate crypto users’ privacy. The company’s statement comes after controversy erupted last week when it was revealed that Coinbase, a large American crypto trading platform, had acquired… Read More

March 8, 2019 @ 7:49 pm By Cali Haan  |  

Expert panelists have informed the UN Security Council’s North Korea Sanctions Committee that the tiny country has been hacking global cryptocurrency trading platforms to obtain capital, Nikkei Asian Review reports. This is the first time the panel has addressed the UN Security Council regarding cyberattacks… Read More

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