Chainalysis
Multichain's 'Mysterious Withdrawals' Suggest Major Hack or Rug Pull: Chainalysis
Cross-chain router protocol Multichain has been exploited for nearly $130 million after an attacker siphoned capital out of numerous token bridges. A new report from Chainalysis suggests that the withdrawals could potentially point to a hack or rug pull by insiders. "The Hash" panel breaks down the latest developments.
Crypto’s Fentanyl Trade Worth Tens of Millions: Security Researchers
Law enforcement around the world has long pointed to China as being a source of deadly fentanyl as well as the precursors used to manufacture it. New research from both Chainalysis and Elliptic have put a number on how much of this trade is done in crypto. "The Hash" panel discusses the illicit use of cryptocurrencies.
Tornado Cash Developer Facing Dutch Charges to Question Chainalysis Data
Tornado Cash developer Alexey Pertsev will be allowed to cross-question blockchain analytics company Chainalysis as he seeks to clear his name of money laundering charges, according to the rulings of a Dutch court. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses what to expect from Pertsev's case and his upcoming trial. Chainalysis did not immediately respond to a request for comment.
EU-Funded Report Calls for Crypto ID Checks to Combat Darknet Markets
A European Commission-funded report has called for tougher identity checks on crypto exchange users as regulators seek to combat the rising use of darknet marketplaces to buy illegal substances. CoinDesk Regulatory Reporter Jack Schickler discusses the agency's approach to regulation and the role of Chainalysis in this report. Plus, what to expect from the vote next week on landmark new licensing rules for the crypto sector.
Chainalysis Examines Crypto Hacks In the Bear Market
A new Chainalysis report reveals that last year was the biggest annual period ever for crypto hacks, with roughly $3.8 billion stolen from crypto businesses. Chainalysis Director of Research Kim Grauer breaks down the findings, saying, "there are certain types of crimes are really connected to the bear market."
Illicit Crypto Volumes Hit All-Time Highs: Chainalysis
The new "Crypto Crime Report" from blockchain analytics firm Chainalysis reveals that illicit crypto transaction volume increased for the second straight year, hitting an all-time high of nearly $21 billion. Chainalysis Director of Research Kim Grauer discusses crypto crime trends in 2023. Plus, fresh insights on crypto hacking activity and money laundering.
Binance Processed $346M Worth of Bitcoin Trades for Bitzlato: Reuters
Binance, the world's largest crypto exchange by trading volume, processed $345.8 million worth of bitcoin (BTC) transactions for crypto exchange Bitzlato, Reuters reported Tuesday, citing data by blockchain research firm Chainalysis. "The Hash" panel discusses the latest developments after Bitzlato's founder was recently arrested in Miami.
Scammers Took Advantage of the Ethereum Merge to Make Millions: Chainalysis
A report from crypto analytics research firm Chainalysis reveals bad actors took advantage of the Ethereum Merge to make millions. Chainalysis Cybercrimes Research Lead Eric Jardine shares insights into the key findings, breaking down the number of countries affected and tips for avoiding merge scams.
Chainalysis Exec on How Bad Actors Scammed $2M From Ethereum Merge
Chainalysis Cybercrimes Research Lead Eric Jardine discusses how bad actors were able to take advantage of the Ethereum merge and drain $2 million from the ecosystem in and around the merge date. It was a "classic scam setup," Jardine said. "A 'doubling your money for free' type approach."
These Countries Are Most Affected by Ethereum Merge-Related Scams: Chainalysis
A Chainalysis report reveals bad actors took advantage of the Ethereum Merge to make millions via scams. Cybercrimes Research Lead Eric Jardine breaks down the countries that were most heavily affected, including Finland, Panama and Vietnam.
