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…
As 2023 draws to a close, Chainalysis, the blockchain data company, has revealed the results of its research on ‘approval phishing’ scams through the past year. The technique, in which scammers trick their targets into signing a malicious blockchain transaction that allows them to spend specific tokens inside the victim’s wallet,Read More…
Chainalysis, the blockchain data platform, has unveiled the Middle East and North Africa (MENA) findings of its 4th annual Geography of Cryptocurrency Report, providing comprehensive insight into the actual state of crypto markets and cryptocurrency utilisation across the world. This report revealed that between July 2022 and June 2023, the majorityRead More…
The outlook of global crypto markets, which have been recovering well this year with the prices of digital assets like Bitcoin up over 80% as of June 30, has been infused with further positivity following the release of the latest Crypto Crime Midyear Update from Chainalysis.Read More…
