Cryptocurrency Analysis and News Portal
Blockchain analysis firm Chainalysis has compared the fall of Mt. Gox to FTX to determine how FTX’s bankruptcy will impact the ecosystem.It concluded that FTX was a relatively smaller part of the crypto industry than Mt. Gox was at the time and that the industry should bounce back stronger than
Read More
Eric Jardin, cybercrime research lead at blockchain firm Chainalysis, discusses how scammers were able to capitalize on the second biggest blockchain’s transition and how $2 million in Ether was swindled from the blockchain’s ecosystem. Source
Read More
Once again the ranking is dominated by countries categorized by the World Bank as “lower middle income,” such as Vietnam, Philippines, Ukraine, India, Pakistan and Thailand. Generally, these are economies where the national currency is weak and there is low availability of services for sending or receiving the currency across
Read More
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
Read More
Chainalysis director of research Kimberly Grauer joined “First Mover” to discuss what the rising string of crypto hacks could mean for investors and why addressing cybersecurity could be the best preventive measure. Original Source
Read More
The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in transaction volumes this year, the blockchain forensics firm has found, while Eastern Europe as a whole sustained its role in
Read More
While 2021 was the biggest year on record for crypto
Read More
The figure that skews the data is connected to high risk activity, which could be anything from online gambling to a high-risk exchange or decentralized finance (DeFi) protocol. As Russians have been prohibited from accessing European crypto businesses due to sanctions, the rise in high risk activity connected to exchanges
Read More
The largest increase in percentage terms was in Egypt, where crypto transaction volume more than tripled. Chainalysis cited the devaluation of the Egyptian pound of 13.5% as well as the country's remittance market. Remittances account for about 8% of Egypt's gross domestic product. Original Source
Read More
As emerging markets take the lead in crypto adoption, Ghana, a country located in West Africa, may soon catch up to other African countries regarding cryptocurrency use. In a report released by blockchain analytics platform Chainalysis, researchers found that Ghana has the potential to achieve crypto adoption levels similar to Kenya
Read More