Chainalysis Releases its Annual Crypto Crime Report
Chainalysis Crypto Crime Report shows US$40.9 billion was received by illicit addresses in 2024; figure projected to reach US$51 billion as ongoing analysis uncovers further...
Tag : Chainalysis
Chainalysis Acquires AI-Powered Fraud Detection Firm, Alterya,
Chainalysis has just announced its acquisition of Alterya, the AI-powered fraud detection solution that identifies scammers before they meet their victims. This deal follows the...
Chainalysis Enhances Portfolio with Hexagate Acquisition
Chainalysis has announced its acquisition of Hexagate, a provider of Web3 security solutions that detect and mitigate real-time threats including cyber exploits, hacks, and governance...
Chainalysis: Hackers Stole US$2.2 Billion in Crypto Through 2024
In recent weeks, Bitcoin, the world’s most valuable cryptocurrency, has once again been making headlines for the impressive bull run that saw it surpassing US$100,000...
UAE Crypto Market Grows 42% YoY
The UAE crypto market shows impeccable growth by emerging as the region’s third largest crypto economy, receiving US$34billion in cryptocurrencies between July 2023 and June...
Chainalysis Study: Pig Butchering Scams Surge
With several billion dollars in inflows, scams that involve cryptocurrency are mounting in 2024 and are one of the largest areas of crypto-related illicit activity...
Crypto Crime Falls 19.6% YTD
In addition to the SEC’s approval of Spot Bitcoin ETFs in January, and the unveiling of the Central Bank of the UAE’s stablecoin regulations last...
Chainalysis Establishes Regional HQ in Dubai
Chainalysis, the blockchain intelligence platform, has inaugurated its headquarters for Southern Europe, Middle East, Central Asia, and Africa in Dubai. This move follows three years...
Crypto Criminals Laundered US$22.2billion in 2023
Shining a spotlight on the laundering of cryptocurrencies, Chainalysis revealed that such activity fell sharply, by nearly 30% last year. The blockchain data company’s researchers...
Chainalysis Report: Sharp Decline in Crypto Crime and ‘New Growth Phase’ in 2024
Illicit transactions accounted for just 0.34% of total transaction volume in 2023, down from 0.42% in the previous year; Majority of illicit activity is being...