Tagged: chainalysis

July 25, 2021 @ 2:04 pm By Omar Faridi  |  

Compliant crypto firms realize or know what it takes to keep their platforms safe: They have to carry out KYC checks on clients, monitor transactions for counterparty risk, and submit suspicious activity reports or SARs when they see suspicious activity, Chainalysis notes in a blog… Read More

July 17, 2021 @ 4:26 pm By Omar Faridi  |  

Leading blockchain analysis firm Chainalysis has released an update titled, “Not All Blockchain Analysis Providers Are the Same and Other Insights from FATF’s Second 12-Month Review.” The Financial Action Task Force (FATF) is the inter-governmental entity that’s responsible for establishing international standards relating to anti-money… Read More

July 8, 2021 @ 10:20 pm By Tony Zerucha  |  

Decision-makers in the United States are warming to cryptocurrency for a variety of reasons, including self-interest, GlobalBlock sales trader Alexandra Clark said recently. Senator Cynthia Lummis has encouraged people to buy and hold bitcoin in their portfolios as the billions of dollars in stimulus cannot… Read More

July 8, 2021 @ 10:03 am By Omar Faridi  |  

Israel’s National Bureau for Counter Terror Financing (NBCTF) has shared information on the “seizure” of virtual currency held by several different crypto wallets that are believed to be associated with donation campaigns “carried out by Hamas.” As noted in a report from Chainalysis, the seizure… Read More

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 @ 1:22 pm By JD Alois  |  

The Metropolitan Police have seized £114 million in crypto – said to be the largest seizure in the UK and perhaps the largest globally. According to a statement by authorities, the seizure was carried out by detectives from the Met’s Economic Crime Command on the… 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

June 12, 2021 @ 11:59 am By Omar Faridi  |  

2020 was a really important breakout year for Bitcoin (BTC), as an influx of institutional capital “spurred” the digital asset to set new all-time highs, Chainalysis notes while pointing out that many individuals and countries may have benefited from the booming prices in the crypto… Read More

May 27, 2021 @ 9:47 pm By Omar Faridi  |  

Blockchain analysis firm Chainalysis has published a report, titled The Crypto Maturity Model: How Traditional Finance Can Adopt Cryptocurrency in Stages. Chainalysis notes that during the past year, cryptocurrency has become a “more mainstream” asset class, with an inflow of institutional money driving Bitcoin (BTC)… Read More

May 21, 2021 @ 2:16 pm By Omar Faridi  |  

Chainalysis, the blockchain analysis firm, revealed on Thursday (May 20, 2021) that it has launched Chainalysis Business Data, which is described as a “first-of-its-kind” data offering to assist digital asset exchanges and other Fintechs that provide crypto-related services. Chainalysis Business Data should allow service providers… 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 21, 2021 @ 10:01 pm By Samantha Hurst  |  

    Hong Kong-based Crypto.com announced on Friday that Crypto.com Chain, which is set to launch on March 25th, is now teaming up with blockchain analysis company, Chainalysis. According to Crypto.com, the collaboration will use the security of the Crypto.org network, along with Chainalysis’ compliance and… 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