Crypto launderers are increasingly abandoning centralized exchanges in favor of decentralized platforms and privacy tools, Chainalysis reports, complicating law enforcement tracking and reshaping illicit finance patterns.
Crypto money laundering surged to $82B in 2024, with Chinese-language platforms emerging as key conduits, Chainalysis reports, raising alarms over enforcement gaps and cross-border regulatory blind spots.
The latest report from Chainalysis indicates that the US is falling behind in the global adoption of stablecoins. This trend highlights the need for strategic regulatory approaches to address the lag in stablecoin adoption.
Chainalysis, an analytics firm focused on blockchain data, made the difficult decision this week to lay off 15% of its workforce due to the economic pressures of the pandemic. The company said it was “regretfully” letting go of some “extended family” members.
Chainalysis, the leading on-chain sleuthing firm, has reportedly cut 135 jobs, or 28% of its staff, due to the COVID-19 pandemic. The firm, which specializes in investigating cryptocurrency transactions, cited reduced customer demand as the primary reason.
Despite the ongoing crypto winter, the OTC markets in Hong Kong and China remain active, according to Chainalysis. This reveals the underlying resilience of the crypto markets despite the current bear market.
The UAE is leading the way in decentralized finance (DeFi) adoption among Middle Eastern and North African (MENA) countries, according to a new report from Chainalysis. This pioneering move stands to further expand the use of cryptocurrencies in the region.
New York City mayor, Michael Bloomberg, accused certain groups of mounting a ‘smear campaign’ against blockchain analytics firm Chainalysis. Bloomberg’s comments were made in response to recent allegations of improprieties concerning its data security protocols.
India, Nigeria, and Thailand have emerged as top countries in Chainalysis’s 2023 Global Crypto Adoption Index, a new survey highlighting global trends in digital currency usage. The countries showed strong enthusiasm for cryptocurrencies among their respective populations.
Chainalysis, a cryptocurrency analysis company, denounced Bitcoin Core contributor Gregory Maxwell as “unqualified” and lacking the expertise required for the job. Maxwell had been involved with the project since its inception.