Chainalysis News

Blockchain forensics firm Chainalysis has discovered $169 million in Bitcoin connected to the 911 S5 botnet, facilitating the arrest of Chinese national Yunhe Wang. Crypto analysis firm Chainalysis has traced $169 million in Bitcoin linked to the notorious 911 S5…

Phishing scammers utilizing crypto drainers appear to be no longer directing stolen funds to centralized exchanges, turning instead to swap protocols and bridges. Cybercriminals operating drainers have changed their strategy significantly, with the majority of stolen funds now flowing into…

Blockchain forensics firm Chainalysis says ransomware attacks involving payments decreased by 46% in 2023. As the ransomware market becomes increasingly saturated with new schemes due to lower barriers-to-entry, executing profitable attacks involving crypto payments has become a challenging thing, according…

Stablecoin issuer Tether has announced a partnership with blockchain forensics firm Chainalysis to develop a tool for monitoring secondary market activity. Tether is planning to enhance its oversight of the USDT market, as the firm has signed a partnership agreement…

Blockchain forensics firm TRM Labs has expanded its leadership team, appointing Boon Hui Khoo as senior advisor. In a blog announcement on April 11, blockchain forensics firm TRM Labs announced the appointment of Boon Hui Khoo as senior advisor, signalling…

Although darknet markets are far from 2021 levels, their crypto revenue has slightly rebounded since Hydra’s closure in 2022, analysts found. Darknet markets continue to show signs of recovery as their crypto revenue saw a rise in 2023 despite the…

Chainalysis, a blockchain research firm in New York, highlighted a significant rebound in the crypto space, showing strong continued interest within China despite the government's restrictions.

Data confirms that cryptocurrency investors recorded an impressive $37.6 billion in gains in 2023 despite the lackluster market performance, offsetting some of the losses incurred during the 2022 bear market. According to a Chainalysis report shared with crypto.news, investors garnered…

Chainalysis report reveals Myanmar-based romance scammers amassing $100 million in crypto, underscoring the nexus between illicit activities and digital assets. A criminal gang based in Myanmar has netted $100 million worth of crypto from victims over the past two years…

In 2023, ransomware gangs set a new all-time high, surpassing $1 billion in extorted crypto payments from victims, data shows. According to data published by Chainalysis, crypto ransomware payments surged to $1.1 billion, marking a 10% increase from the previous…

North Korea-linked hackers stole nearly $430 million from decentralized finance and also targeted centralized services, exchanges, and wallet providers in 2023. Chainalysis, a blockchain forensic firm, says North Korea-affiliated hacking groups hit record in terms of attempted attacks against decentralized…

We analyzed some of the top cryptocurrency startups of 2024 and their achievements. In 2023, the crypto market saw a notable turnaround, with its market cap increasing by 109%. This surge was largely driven by the first and fourth quarters…

Illicit cryptocurrency addresses received $24.2 billion in 2023, showing a decrease from the estimated $39.6 billion in 2022, as per Chainalysis. In 2023, the value received by illicit crypto totaled $24.2 billion representing nearly a 39% decrease from the 2022…

Crypto 1's C1 Fund targets Australian crypto firms like Animoca Brands and Chainalysis for discounted secondary share acquisitions in a shifting market landscape.

Crypto venture capital firm C1 Fund is eyeing new deals in Australia as it looks to expand its presence in the region. C1 Fund, established by Coinbase backers and lawyers, is said to be actively seeking undervalued assets in the…

KPMG Canada partners with blockchain analytics firm Chainalysis to enhance fraud detection and risk management in the rapidly evolving digital assets sector.