Chainalysis | ForkLog

ForkLog 15 03.05.2024

Tether and Chainalysis to Develop Secondary Market Monitoring Solution

Tether, the issuer of USDT, and security firm Chainalysis have entered into a partnership to create a system for tracking activity in the secondary market. According to the press release, this pertains to “transactions occurring within the broader USDT ecosystem beyond the limited liability organizations that directly buy and sell the stablecoin.” “The solution allows […]

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ForkLog 9 15.03.2024

Chainalysis Reports $37.6 Billion Profit for Cryptocurrency Investors in 2023

In 2023, cryptocurrency investors achieved a total profit of $37.6 billion, according to the analytics firm Chainalysis. This year proved significantly more successful than 2022, during which digital asset holders lost $127.1 billion. However, the record of $159.7 billion set in 2021 remained unbroken. Data: Chainalysis. Analysts noted that monthly figures remained relatively stable throughout […]

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ForkLog 11 08.03.2024

Chainalysis: $250 Million in Cryptocurrency Received by Precursor Suppliers Since 2015

The analytics firm Chainalysis identified thousands of wallets linked to illegal producers of drug ingredients. From July 2015 to February 2024, these wallets processed at least $250 million in various cryptocurrencies. Researchers found that approximately $100 million of this amount went to pharmaceutical factories in China. They believe the recipients of these transfers are shops […]

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ForkLog 19 15.02.2024

North Korean Hackers Turn to YoMix After Sinbad Sanctions

The North Korean hacking group Lazarus Group has increasingly turned to the cryptocurrency mixer YoMix following sanctions imposed on the Sinbad service, according to the analytics firm Chainalysis. They discovered that in 2023, the inflow of funds to YoMix increased fivefold, with about a third of the assets originating from wallets linked to cryptocurrency platform […]

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ForkLog 40 14.02.2024

Forbes Recognizes Three Crypto Firms Among Top 50 Fintech Companies

Chainalysis, Fireblocks, and Gauntlet have been included in Forbes’ list of the top 50 fintech companies for 2024. “Only three [firms] from the blockchain sector, recovering from major scandals and bankruptcies, were included. These are startups aimed at building a more reliable and secure infrastructure for the future,” the publication noted. Journalists highlighted that overall […]

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ForkLog 8 25.01.2024

North Korean Hackers’ Crypto Heists Yield Lower Profits

In 2023, North Korean hackers stole approximately $1 billion in cryptocurrencies through 20 breaches, compared to $1.7 billion from 15 cyber incidents in 2022, according to Chainalysis. In 2023, we estimate that the total amount of crypto stolen by North Korea-affiliated hackers is slightly over $1 billion, and the number of hacks rose to 20. […]

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ForkLog 22 19.01.2024

Chainalysis Reports Decline in Illicit Crypto Revenues for 2023

In 2023, the volume of illegal revenues from crypto scams and hacks decreased by 29.2% and 54.3%, respectively, according to a report by Chainalysis. For the first year since 2020, illicit transaction volume fell, from $39.6B in 2022 to $24.2B. As always, these figures are estimates based on illicit addresses we’ve identified as of now. […]

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ForkLog 11 25.12.2023

Chainalysis: Over 2½ years, phishing has yielded hackers more than $1 billion in cryptocurrencies.

Since May 2021 phishing victims have lost more than $1 billion, with $516.8 million lost in 2022 and $374.6 million in the current year.

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ForkLog 8 24.10.2023

US residents conduct over $1 trillion in crypto transactions in a year

From July 2022 to June 2023, US residents conducted cryptocurrency transactions totaling over $1 trillion, the highest in the world.

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ForkLog 30 19.10.2023

Chainalysis flags error in counting terrorism-linked cryptocurrencies

Recent assessments of Hamas-linked cryptocurrency use have erroneously included funds not directly linked to terrorism financing.

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ForkLog 9 18.10.2023

Britain becomes Europe’s largest crypto economy with about $252 billion in transactions

The annual volume of crypto transactions in the United Kingdom reached about $252.1 billion. This was the highest figure in Europe and the third-largest globally, according to Chainalysis's report.

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ForkLog 19 03.10.2023

Chainalysis cuts 15% of staff

Security-focused Chainalysis announced a cut of 150 employees, representing 15% of its staff.

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