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Today in Crypto: Binance Saw ‘Significant’ Outflows Since CZ Announcement, KuCoin Launches KuCard, 10101.art Reveals Sale of Banksy’s Turf War
22.11.2023
Source: 10101_art / Twitter Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Exchange news According to the blockchain data analytics platform Nansen‘s analysis of Binance’s netflows, Binance...
Polygon Network Records Robust User Activity Amid Broader Crypto Market Weakness in Q3 2023: Report
14.11.2023
Source: AdobeStock / Mahoa Creative In a recent report by the blockchain data analytics platform Nansen, the Polygon network showcased remarkable resilience and robust user activity during the third quarter of 2023, defying the broader weakness observed in the crypto markets. The report emphasizes...
Today in Crypto: ‘End of NFT Winter is Not Yet Visible’, Tattoos Come With Digital Twins, NEAR Partners with Berklee College of Music
3.11.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ NFT news Blockchain data analytics platform Nansen‘s analyst Sandra Leow found that “based on our study, the...
India, Nigeria, Vietnam Lead Chainalysis Global Crypto Adoption Index
14.9.2023
Blockchain data analytics firm Chainalysis has finalized its latest Global Crypto Adoption Index. India, Nigeria, and Vietnam hold the top three positions, followed by the U.S., Ukraine, Philippines, and Indonesia. “The Central & Southern Asia and Oceania (CSAO) region dominates the...
Chainalysis: Crypto Scam Revenue Dropped 46% in 2022
21.2.2023
Revenue from cryptocurrency scams dropped 46% in 2022, according to blockchain data analytics firm Chainalysis. “We attribute most of this decline to market conditions, as scam performance tends to worsen when cryptocurrency prices are in decline,” the firm explained. ‘Crypto Scam...
Crypto Hackers Gross Over $3 Billion From 125 Hacks so Far This Year
15.10.2022
Data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest year ever for hacking activity.” The firm added that crypto hackers have grossed over $3 billion across 125 hacks so far this year. Crypto-Hacking Activity Soars in October...
US Seizes Cryptocurrency Worth $30 Million From North Korean Hackers
9.9.2022
Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers. “This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident...
Chainalysis: Illicit Crypto Activity Falls — Scam Revenue 65% Lower Than Last Year
18.8.2022
Chainalysis has found that illicit crypto volumes are down this year, with total scam revenue sitting at $1.6 billion, 65% lower than where it was through the end of July last year. “Those numbers suggest that fewer people than ever are falling for cryptocurrency scams,”...
Chainalysis: Crypto Gains Skyrocket Worldwide — Investors’ Profit Grew 5x to $163 Billion in 2021
25.4.2022
Blockchain data analytics firm Chainalysis has found that the total cryptocurrency gains worldwide amounted to $163 billion in 2021, which was 5x the previous year or a 400% increase. Chainalysis on Crypto Gains Worldwide Blockchain analysis firm Chainalysis published a blog post last week titled...
Crypto Scam Websites Attracted Millions of Indians Last Year, Chainalysis Says
20.1.2022
Indians visited crypto scam websites nearly 10 million times last year, according to blockchain data analytics firm Chainalysis. The top crypto scam sites alone were visited 4.6 million times by Indian users. Millions of Indians Visit Crypto Scam Sites Indians visited scam crypto websites in droves...
North Korean Hackers Stole $400 Million in Cryptocurrency Last Year — Ether Accounts for 58% of Stolen Funds
15.1.2022
North Korean hackers stole cryptocurrency worth about $400 million last year in at least seven major attacks on crypto platforms. “Only 20% of the stolen funds were bitcoin … And for the first time ever, ether accounted for a majority of the funds stolen at 58%,” said...
Defi Portfolio Tracking Startup Debank Raises $25M From Sequoia China, Crypto.com, Circle
29.12.2021
The decentralized finance (defi) portfolio tracking startup Debank raised $25 million from investors according to an announcement on Tuesday. Following the equity financing round, Debank says it has an overall valuation of around $200 million. Defi Dashboard Debank Raises $25 Million 2021 was...
Robinhood Turns to Chainalysis to Boost Compliance Ahead of Crypto Wallet Launch
13.12.2021
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...
Chainalysis Adds Bitcoin to Balance Sheet — Its First Cryptocurrency Acquisition
20.10.2021
Blockchain data platform Chainalysis has announced that it is adding bitcoin to its corporate investment portfolio. This is the company’s first acquisition of cryptocurrency, the CEO revealed. Chainalysis is valued at $4.2 billion. Chainalysis’ First Acquisition of Cryptocurrency...
Ukraine, Russia, South Africa, Nigeria Among Top Countries by Cryptocurrency Adoption
9.9.2020
Ukraine, Russia, China, South Africa, Nigeria, Kenya, and the U.S. are among the top-ranking countries by cryptocurrency adoption, according to the 2020 Global Crypto Adoption Index compiled by blockchain data analytics firm Chainalysis. Countries With Highest Crypto Adoption Chainalysis’...
Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge
8.9.2020
Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs. Latin American Bitcoin Adoption Blockchain data analytics firm...
Venezuela’s Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption Index
31.8.2020
Venezuelans have become increasingly interested in cryptocurrency as their country faces dire economic crisis and hyperinflation, a new study by blockchain data analytics firm Chainalysis shows. The firm’s Global Crypto Adoption Index ranks Venezuela third as “The country has reached...