North Korean hackers stole $400M in 2021, mostly ETH: Chainalysis
Hackers from North Korea have nearly doubled their thefts since 2019 by amassing $400 million in crypto via cyber attack in 2021. Go to Source Powered by WPeMatico
Chainalysis
Auto Added by WPeMatico
Crypto crime’s overall impact set to fall even further in 2022: Chainalysis
“Cash is still king when it comes to illicit finance, and that is not likely to change,” says Chainalysis researcher Kim Grauer. Go to Source Powered by WPeMatico
Robinhood Turns to Chainalysis to Boost Compliance Ahead of Crypto Wallet Launch
Popular trading platform Robinhood has partnered with blockchain data platform Chainalysis to meet compliance requirements. Robinhood is preparing to launch its wallet, which has a waitlist of more than 1.6 million users. Robinhood Partners With Chainalysis for Compliance Blockchain data analytics firm Chainalysis announced Monday “an integrated partnership with online brokerage app Robinhood Crypto.” The … Read more
Robinhood partners with Chainalysis ahead of crypto wallet launch
The trading app will adopt Chainalysis’ monitoring compliance solution Know-Your-Transaction as well as the Chainalysis Reactor, its investigations software. Go to Source Powered by WPeMatico
Chainalysis to Offer Lightning Network Monitoring Service to VASPs in 2022
On December 10, the blockchain intelligence firm Chainalysis revealed that the company has added support for Bitcoin’s second-layer protocol the Lightning Network (LN). According to Chainalysis, firms like exchanges and virtual asset service providers (VASPs) can leverage the company’s Know-Your-Transaction (KYT) real-time transaction monitoring software in order to access compliant bitcoin deposits and withdrawals from … Read more
Retail buyers made up more than 80% of NFT transactions in 2021: Chainalysis
Chainalysis has determined that most NFT transactions so far this year were from retail buyers, but the big volumes were driven by collectors and institutions. Go to Source Powered by WPeMatico
Australian Tax Office says it can’t rely on crypto users’ own records
“Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only taxable when the holdings are cashed back into Australian dollars,” said the ATO commissioner. Go to Source Powered by WPeMatico
Blockchain Industry to Surpass $67 Billion by 2027: Fintech Report Names 2021’s Most Influential Blockchain Companies
Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms that are blockchain-specific are projected to be worth over $67.4 billion by 2027. … Read more
Nearly 500,000 Nigerian CBDC Wallets Downloaded Since Launch
Nearly half a million e-naira wallets have been downloaded a few weeks after the central bank digital currency (CBDC) was officially launched by Nigerian President Muhammadu Buhari, the central bank has said. E-Naira’s Initial Trade Volumes In addition to the 488,000 wallets that have been downloaded, Osita Nwanisobi, who is the Central Bank of Nigeria … Read more
DEXs growing faster than CEXs but Binance still sees 171M visitors in a month
According to Chainalysis data the number of DEX’s doubled between Q1 2019 and Q3 2021, while the amount of CEX’s stayed around the same. Go to Source Powered by WPeMatico