Tag: chainalysis

Jan 25 2021

Data Shows Under 1% of Bitcoin and Crypto Transactions Have Criminal Intent

Jan 25 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt chainalysis

The new US Treasury Secretary Janet Yellen’s recent negative comments about Bitcoin and crypto have revolved around alleged “illicit use.” However, data from a top blockchain analysis firm claims that under 1% of all cryptocurrency transactions are related to criminal activity. Here's why the former Federal Reserve Chair's assumptions about the digital asset class are way off base. Under...

Jan 20 2021

Stop The Bitcoin FUD: Criminal Cryptocurrency Transactions Are Falling

Despite a 2020 that saw the price of bitcoin rise to all-time highs and set new records for stability, it isn’t too difficult to find Bitcoin FUD being spread. But recently released blockchain analysis demonstrates that the “bitcoin is for criminals” narrative is weaker than ever. The FUD Keeps Coming...

Jan 19 2021

Criminal Activity in Crypto Transactions Fell Sharply in 2020, Says Chainalysis

Jan 19 2021 Published at CoinDesk under tags  chainalysis coinflash criminal news transactions

Partly offsetting the positive trend is an explosion in ransomware attacks, which rose 311% from 2019.

Jan 14 2021

Alt-Right Groups Received $500K in BTC Month Before Capitol Riot: Chainalysis

Chainalysis declined to directly link the donation to the Jan. 6 storming but said the timing "warrants suspicion."

Dec 03 2020

Darknet Markets Face Headwinds After Year of Mixed Results

Dec 03 2020 Published at CoinDesk under tags  chainalysis ciphertrace darknet elliptic news

Darknet markets are falling off the radar and watching their customer base level off.

Nov 20 2020

Chainalysis Sees Raising $100M in Venture Capital at $1B Valuation: Report

Nov 20 2020 Published at CoinDesk under tags  business chainalysis news tech

Cryptocurrency investigation firm Chainalysis expects to raise $100 million venture capital at a $1 billion valuation as early as next week, the company told Forbes.

Nov 12 2020

Chainalysis Wants to Help the Feds Sell Millions in Forfeited Bitcoin

The new service launch comes just one week after federal agents announced the seizure of over $1 billion in bitcoin.

Nov 06 2020

Government Seizes 69,730 Bitcoin ($1 Billion) Tied To Silk Road

On November 5, 2020, federal prosecutors filed a civil complaint describing the seizure of 69,370 bitcoin (worth about $1.06 billion at the time of this writing) from an individual who was able to steal the funds from darknet marketplace Silk Road. According to the complaint, the funds were stolen from Silk Road across 54 previously undetected bitcoin transactions in 2012...

Oct 27 2020

Ontology Integrates Chainalysis to Improve Security

Ontology, the digital identity open-source blockchain, announced their integration with Chainalysis, a blockchain analysis company. The integration between Ontology and Chainalysis is expected to increase security. It will also increase compliance in the Ontology ecosystem due to security features of Chainalysis. Ensuring a safer experience for Ontology...

Oct 11 2020

Monero Price Rises While IRS Tries to Break Anonymity

The Internal Revenue Service (IRS), which is the U.S. tax authority, has been drawn towards the most renowned private cryptocurrency, Monero. Reportedly one of the best choices for privacy-focused cryptocurrency, Monero has attracted the attention of the tax agency. As a result, the IRS has employed analysts to unmask Monero's activities. However, it does appear that Monero price is...

Oct 08 2020

BitMEX Branded as ‘High Risk’ Exchange – Chainalysis

BitMEX, one of the leading cryptocurrency exchange and derivative trading platform received a major blow from CFTC last week. Following which investors rushed to remove more than 50,000 bitcoin tokens from BitMEX. The situation is worsening for the exchange as leading cryptocurrency investigation firm Chainalysis has now labeled the platform as a “high risk” exchange. According to the...

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