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Terrorists are funding their horrible deeds with crypto: UN officials
31.10.2022
Cash and hawala remain the “predominant methods of terror financing,” according to a UN official, however, "advanced" terror organizations are turning to cryptocurrencies
Southeast Asia Leads the World in Crypto Adoption, Propelled by Play-to-Earn Gaming: Chainalysis
25.10.2022
Games like Axie Infinity and cross-border crypto transfer applications push “lower middle income” nations to global leadership in crypto adoption
Chainalysis: Stablecoins Used to Fight Devaluation and Inflation in Latam
24.10.2022
According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic problems that both countries are facing. 34% of the “small” transactions include...
Vietnam Ranks 1st in Crypto Adoption, USA is 5th, China Back in Top 10 - Chainalysis
21.10.2022
While emerging markets generally dominate the global adoption list, when it comes to the top 10 list, three developments stand out: Vietnam taking the crown again, the US climbing to fifth place, and China re-entering the list, according to the latest report by blockchain analysis company...
Remittances drive ‘uneven, but swift’ crypto adoption in Latin America
21.10.2022
The Latin American region now makes up for a 9.1% share of the global crypto value received in 2022 with remittances and high inflation the highest drivers of adoption
Crypto Adoption Slowed in Last Year but Remains Above Pre-2021 Levels: Chainalysis Study
20.10.2022
Chainalysis' 2022 Geography of Cryptocurrency report also found that 18 of the 20 countries where crypto adoption was highest were low- to middle-income countries
Bridge Security Is ‘Unresolved Technical Challenge,’ Chainalysis Research Director Says
17.10.2022
Chainalysis director of research Kimberly Grauer joined “First Mover” to discuss what the rising string of crypto hacks could mean for investors and why addressing cybersecurity could be the best preventive measure
War Spurs Crypto Activity in Russia and Ukraine, Chainalysis Reports
15.10.2022
The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in transaction volumes this year, the blockchain forensics firm has found, while Eastern...
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...
Hodlers prefer centralized exchanges over DeFi for security: Chainalysis
13.10.2022
Security remains a perennial concern for DeFi protocols, but DeFi will still inevitably “grow and flourish,” Bitfinex CTO Paolo Ardoino believes
Barely halfway and October’s the ‘biggest month’ in crypto hacks: Chainalysis
13.10.2022
While 2021 was the biggest year on record for crypto hacks, 2022 could “likely” beat the record “at this rate” according to Chainalysis
Russian stablecoin usage surged after Ukraine invasion: Report
13.10.2022
According to Chainalysis data, Russia's stablecoin usage has increased since the onset of the war, due partly to ordinary Russian citizens seeking to protect their assets
'High Risk' Crypto Activity Surges in Eastern Europe Amid Russia-Ukraine War: Chainalysis
12.10.2022
Crypto activity determined as "high risk" and "illicit" has surged in Eastern Europe since the start of the Russia-Ukraine war, according to a report by blockchain analytics firm Chainalysis
World’s Largest Custodian Bank BNY Mellon Launches Crypto Custody Service
12.10.2022
Banking giant BNY Mellon announced that its Digital Asset Custody platform is now live in the US, with bitcoin (BTC) and ethereum (ETH) on the menu.
The bank said on Tuesday that,
“With select clients now able to hold and transfer bitcoin and ether, this milestone reinforces BNY Mellon's...
Report: The Oldest Bank in America, BNY Mellon Can Now Custody Bitcoin and Ethereum
11.10.2022
America’s oldest bank, the Bank of New York Mellon Corporation, commonly known as BNY Mellon, has announced the financial institution can now custody cryptocurrencies. A report published by the Wall Street Journal on Tuesday, says BNY Mellon was approved by the New York State Department...
Study: MENA Crypto Volumes Grew Fastest Between July 2021 and June 2022 — Turkey Cements Position as Region’s Largest Market
8.10.2022
Of the $566 billion in cryptocurrency transaction volume for the Middle East and North Africa (MENA) region between July 2021 and June 2022, nearly 40% went to Turkey, which kept its place as the region’s biggest cryptocurrency market, according to the latest Chainalysis data....
Taliban had a ‘massive chilling effect’ on Afghan crypto market: Report
6.10.2022
Crypto value received in Afghanistan surged in the wake of the Taliban seizing power in August 2021, but crypto markets have flat lined under the regime
Middle East and North Africa Was the Fastest Growing Crypto Market Over Recent 12-Month Period: Chainalysis
5.10.2022
The Middle East and North Africa (MENA) was the fast growing market for crypto adoption the 12-month period to June 2022, according to blockchain analytics firm Chainalysis
Despite Accounting for 2% of Global Activity, Sub-Saharan Africa Has ‘Some of the Most Well-Developed Cryptocurrency Markets of Any Region’: Report
30.9.2022
According to a recent Chainalysis report, although Sub-Saharan Africa is believed to account for as little as 2% of global transaction activity, the area “contains some of the most well-developed cryptocurrency markets of any region.” Additionally, Sub-Saharan Africa’s...
Ghana set to catch up to Nigeria and Kenya in terms of crypto adoption: Chainalysis
29.9.2022
Paxful CEO Ray Youssef said that the current growth trends in Ghana show that it has the potential to be a leader in terms of crypto adoption