Ransomware crypto payments hit at least $602M last year: Chainalysis
The total amount of value extracted through ransomware payments in 2021 is expected to rise above 2020 levels once all the data is sorted through.
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Report: Chainalysis Detects ‘Significant’ Wash Trading Using NFTs
Chainalysis, one of the leading blockchain and cryptocurrency auditing firms, has issued a report indicating signs of significant wash trading activity involving NFTs. In these operations, some actors effectively sell…
Crypto money laundering up by one third in 2021 but still below record
Chainalysis report detailed how cyber criminals laundered their crypto funds in 2021 compared to the previous year, with DeFi protocols seeing the biggest increase in use.
‘Less sophisticated’ malware is stealing millions: Chainalysis
Chainalysis warned that even “low-skilled cybercriminals” are using malware to swipe funds from crypto hodlers.
Robinhood Turns to Chainalysis to Boost Compliance Ahead of Crypto Wallet Launch
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…
Robinhood partners with Chainalysis ahead of crypto wallet launch
The trading app will adopt Chainalysis' monitoring compliance solution Know-Your-Transaction as well as the Chainalysis Reactor, its investigations software.
Chainalysis to Offer Lightning Network Monitoring Service to VASPs in 2022
On December 10, the blockchain intelligence firm Chainalysis revealed that the company has added support for Bitcoin’s second-layer protocol the Lightning Network (LN). According to Chainalysis, firms like exchanges and…
Retail buyers made up more than 80% of NFT transactions in 2021: Chainalysis
Chainalysis has determined that most NFT transactions so far this year were from retail buyers, but the big volumes were driven by collectors and institutions.
Australian Tax Office says it can’t rely on crypto users’ own records
“Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only taxable when the holdings are cashed back into Australian dollars,” said the ATO commissioner.