Chainalysis has announced its acquisition of Alterya, an AI-powered fraud detection solution that identifies scammers before they meet their victims. This deal follows the company’s acquisition last month of the web3 security solution Hexagate, and represents the blockchain data leader’s doubling down on its strategy to become the leader inRead More…
In 2023, North Korea-affiliated hackers stole approximately $660.50 million across 20 incidents; in 2024, this number increased to $1.34 billion stolen across 47 incidents — a 102.88% increase in value stolen. These figures represent 61% of the total amount stolen for the year,Read More…
Chainalysis has acquired Blockchain security company Hexagate for a reported $60 million. Hexagate provides web3 security solutions that detect and mitigate real-time threats, including cyber exploits, hacks, and governance and financial risks.Read More…
In recent weeks, Bitcoin, the world’s most valuable cryptocurrency, has once again been making headlines for the impressive bull run that saw it surpassing US$100,000 for the first time ever. While this milestone is likely to draw further investment into digital assets,Read More…
With several billion dollars in inflows, scams that involve cryptocurrency are mounting in 2024 and are one of the largest areas of crypto-related illicit activity year to date (YTD). This is according to new research by Chainalysis, the blockchain data company, which also found that 43% of the total YTDRead More…
In addition to the SEC’s approval of Spot Bitcoin ETFs in January, and the unveiling of the Central Bank of the UAE’s stablecoin regulations last month, the crypto sector has been bolstered by another significant development. New research by Chainalysis, the blockchain data company, has shown that while the yearRead More…
After an encouraging decline in 2022, the ransomware landscape saw a major escalation in the frequency, scope, and volume of attacks, resulting in victims paying out over US$1.1 billion in cryptocurrencies to cyber criminals last year. The findings, which are part of Chainalysis’ upcoming 2024 Crypto Crime Report, also highlightedRead More…
In its latest annual analysis of crypto-related crime, blockchain data platform, Chainalysis, found that the value received by illicit cryptocurrency addresses through 2023, totalled US$24.2 billion, a significant drop compared to the all-time high of US$39.6 billion in 2022. Of this, US$14.9 billion, representing the largest portion (61.5%) of theRead More…
