Cryptocurrency Analysis and News Portal
“NFTs are one of the most exciting spaces in cryptocurrency, but they will only be successful in the long term if we can ensure a safe environment for our customers,” Naeem Bawla, associate director of compliance at Dapper Labs, said in a press release. “We’re thrilled to partner with Chainalysis
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The report looks to provide more insight into crypto usage in particular regions, noting some interesting trends. For instance, the report shows that Africa is the smallest crypto market in the world, accounting for only 3% of the total market size across regions, but peer-to-peer trading, remittances and savings needs
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Blockchain analytics firm Chainalysis has purchased cybercrime investigative company Excygent for an undisclosed amount, hinting the two will continue to work together to help “dismantle ransomware operations.”In an Oct. 5 announcement, Chainalysis CEO Michael Gronager said the firm had collaborated with Excygent on projects including seizing cryptocurrency connected to the
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Blockchain data platform Chainalysis announced it had acquired Excygent, a professional services firm that helps government agencies with cybercrime investigations, data processing and lead generation.Financial terms weren’t disclosed for the deal, which marks Chainalysis’s first acquisition.The acquisition follows Chainalysis’s $100 million funding round in March at a $2 billion valuation.“Cybercrime
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“We’re seeing huge growth [in India’s DeFi ecosystem], with many developers moving into the space after having worked at traditional tech unicorns,” Krishna Sriram, managing director at blockchain security firm Quantstamp, said to Chainalysis in the report, titled “Central & Southern Asia and Oceania Have High Grassroots Adoption But Reasons
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Emerging markets across Central and Southern Asia have registered a dramatic uptick in cryptocurrency transactions, highlighting a diverse range of motivations among locals for gaining exposure to digital assets such as Bitcoin (BTC) and Ether (ETH).New research from blockchain analytics firm Chainalysis finds that crypto transactions surged 706% in Central
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The region of central, northern and western Europe, or CNWE, has emerged as the world’s most active cryptocurrency block, receiving over $1 trillion worth of digital assets over the past year, according to new research from blockchain analytics firm Chainalysis. The report, which was released Tuesday, found that the CNWE region
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According to leaked documents reviewed by CoinDesk, Chainalysis, the largest of the blockchain tracing firms, owns and operates “walletexplorer.com.” Like other block explorers, the service lets anyone view the history of public cryptocurrency wallet addresses. Chainalysis figures that bad actors would use its site to check transactions without fear of
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Data from blockchain analytics firm Chainalysis suggests that Bitcoin (BTC) may not be the hedge against inflation that many seem to believe it is.“Right now, we can't show a statistically significant correlation between inflation in the US and Bitcoin prices, but we know anecdotally that many people invest in Bitcoin as a hedge
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While Africa is seen as one of the smallest cryptocurrency markets, according to a preview of Chainalysis’ Geography of Cryptocurrency annual report, this region has “some of the highest grassroots adoptions in the world.” African Volumes Mainly Composed of Retail Transfers The crypto adoption observation for Africa is corroborated by the blockchain
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