Chainalysis | ForkLog

ForkLog 15 06.02.2025

Bitcoin Ransomware Revenues Plummet from $1.25 Billion to $813 Million

In 2024, ransomware operators generated $813 million in revenue, marking a 35% decline from the previous year’s $1.25 billion, according to a report by Chainalysis. Source: Chainalysis. The amount of stolen funds in the first half of the year rose by 2.4% compared to 2023, including $75 million paid to the Dark Angels group. However, […]

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ForkLog 88 16.01.2025

Illicit crypto activity totaled $40.9 billion in 2024

In 2024, the total volume of illicit cryptocurrency transactions reached $40.9 billion, with 63% conducted in stablecoins, according to Chainalysis analysts. ?The Introduction to the 2025 Chainalysis Crypto Crime Report is here! ? Check out our blog to learn the latest about the on-chain illicit ecosystem’s increasing ? professionalization, featuring a broadening array of illicit […]

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ForkLog 28 09.01.2025

BloFin’s 2024: WOW trading tournament, philanthropy, and partnerships with Fireblocks and Chainalysis

In 2024, the cryptocurrency exchange BloFin partnered with Fireblocks and Chainalysis, launched the Heart & Hope Network charity initiative, and held its first War of Whales (WOW) trading contest, the exchange said in a press release.

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ForkLog 12 19.12.2024

North Korean Hackers Seize $1.34 Billion in Crypto in 2024

Since the beginning of the year, hackers linked to North Korea have stolen crypto assets amounting to $1.34 billion, marking a record high, according to a report by Chainalysis.

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ForkLog 10 04.10.2024

Chainalysis CEO Departs Due to ‘Personal Reasons’

Michael Gronager, co-founder and CEO of the analytics firm Chainalysis, has stepped down from his leadership role after a decade, citing “personal issues.” This was reported by The Block. Sari Granat, the president and COO, is temporarily acting as CEO. She joined Chainalysis in April 2022 from the information services provider IHS Markit. According to […]

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ForkLog 11 20.09.2024

Chainalysis CEO: AI to Aid in Crypto Crime Investigations

In the coming five years, government prosecutors and tax authorities are expected to begin employing artificial intelligence to analyze blockchain and solve crimes. This perspective was shared by Michael Gronager, CEO of the analytics firm Chainalysis, as reported by Cointelegraph. “In a few years, cryptocurrencies will become more or less the only way to solve […]

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ForkLog 24 11.09.2024

Ukraine and Russia Among Top 10 in Global Crypto Adoption

Ukraine and Russia have secured the sixth and seventh positions, respectively, in the 2024 Global Crypto Adoption Index by the analytics firm Chainalysis. Our 2024 Global Crypto Adoption Index is here! The top 10 countries spanned 5 continents, but Central & Southern Asia and Oceania (CSAO) dominated the list. Read on to see the top […]

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ForkLog 100 09.09.2024

Leaked Chainalysis Video Suggests Monero Tracking Method

A leaked video from the analytics firm Chainalysis has sparked speculation that transactions of the privacy-focused cryptocurrency Monero (XMR) can be traced. The firm likely uploaded the video by mistake and quickly removed it. However, users downloaded and re-uploaded the material on YouTube. According to the description, the video was recorded back in August 2023. […]

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ForkLog 19 06.09.2024

Chainalysis: Russia’s Crypto Laws Aimed at Sanctions Evasion

In a new report, analysts at Chainalysis highlighted the adoption of “significant” laws in Russia that legalise mining and the use of cryptocurrencies for international payments. The company noted that the new direction represents a “significant departure” from the government’s previous stance, when in 2022 the Central Bank of Russia advocated for a complete ban […]

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ForkLog 21 01.09.2024

Chainalysis: Shift from Ponzi Schemes to ‘Pig Butchering’ in Crypto Crime

Cryptocurrency criminals have shifted their focus from complex Ponzi schemes to more targeted scams, such as ‘pig butchering’. This is according to a report by Chainalysis, as reported by The Block. ‘Pig butchering’ involves luring victims into purchasing supposedly promising digital assets. The perpetrator gains trust through social engineering and then steals the investor’s funds. […]

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ForkLog 11 16.08.2024

Chainalysis Reports Shift in Cybercriminal Focus from DeFi to Centralized Exchanges

In the first half of the year, cybercriminals stole nearly $1.6 billion in cryptocurrencies, increasingly targeting centralized exchanges (CEX), according to Chainalysis. ? Part 1 of our mid-year #cryptocrime update is here! ? Illicit on-chain activity dropped by nearly 20% YTD, but stolen fund activity is surging and ransomware payments are breaking records. Read our […]

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ForkLog 18 12.07.2024

Chainalysis Estimates $100 Billion in Laundered Cryptocurrency

Since 2019, crypto platforms have received digital assets worth approximately $100 billion from known illicit wallets, according to a report by Chainalysis. Our Money Laundering report reveals how bad actors now use crypto to launder funds from off-chain crimes — not just crypto-native crimes like ransomware. We explore advanced tracing techniques and how blockchain data […]

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