India tops global crypto use despite offshore exchange ban
India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to ranking second in the CSAO region in terms of crypto value received. Go to Source
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Leaked Chainalysis video suggests Monero transactions may be traceable
A copy of the now-deleted Monero tracing video was shared with Cointelegraph, suggesting that Monero transactions and associated IP addresses can be traced by the firm. Go to Source
Scammers ditch ‘elaborate’ crypto Ponzis for pig butchering: Chainalysis
The lifespan of scams is getting shorter as cybercriminals change tactics and target individuals on social media. Go to Source
Coinbase, KuCoin, others join in Turkey crypto license application
As the CMB continues to update the list and companies work to meet regulatory requirements, the Turkish crypto market is poised for significant changes. Go to Source
Chainalysis alerts rise in crypto hacks and ransom in 2024
Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024. Go to Source
Australia Flags Over 2,000 Compromised Crypto Wallets
More than 2,000 compromised cryptocurrency wallets belonging to Australians were recently uncovered during a global operation targeting cryptocurrency scammers. The Australian Federal Police is reportedly investigating Australian losses identified in “Operation Spincaster” and gathering intelligence on scammer tactics. Gathering Intelligence on Scammer Tactics The Australian Federal Police (AFP) recently discovered more than 2,000 compromised cryptocurrency … Read more
Australian federal police to probe 2,000 exploited crypto wallets
Chainalysis’ Operation Spincaster found over 2,000 Australian-owned crypto wallets were hit by “approval phishing” scams. Go to Source
Bill proposes to give Secret Service more power to pursue crypto crime
Stronger threat assessments are needed to catch “seedy financial enterprises” facilitating money laundering schemes,” US Senator Charles Grassley said. Go to Source
Chainalysis Chief Economist Joins Tether Amidst Ongoing Class Action Lawsuit
Amidst a legal challenge, Tether, the USDT stablecoin issuer, has made a strategic appointment. The Chief Economist of crypto surveillance company Chainalysis, Philip Gradwell, has been brought on board as Tether’s Head of Economics. This move comes at a time when Tether and its sister crypto exchange Bitfinex are facing a class action lawsuit. The … Read more
Chainalysis: $100 Billion in Illicit Crypto Funds Traced Since 2019
Crypto analytics firm Chainalysis has previewed an in-depth report on money laundering within the crypto space, providing insights into tracing illicit funds and advanced identification techniques. The firm discovered that since 2019, nearly $100 billion has been transferred from known illicit wallets to conversion services. The report underscores the need for broad expertise among law … Read more
