Efforts to regulate the cryptocurrency sector have not hurt India’s adoption of the digital currency. In fact, the country now leads the world on the 2024 “Global Adoption Index” from blockchain research firm Chainalysis. “Last year, we noted that India remained a top global cryptocurrency...
Singapore is reportedly growing increasingly fond of stablecoin payments. Payments with the digital assets during the second quarter hit a record high of nearly $1 billion in the city state, Bloomberg News reported Wednesday (Sept. 11), citing data from Chainalysis. Merchants use stablecoins because of “efficiency and low...
The value of funds taken in hacking activities and ransomware attacks rose during the first seven months of the year. These increases were driven by the higher value of bitcoin and by ransomware attacks targeting larger organizations, Chainalysis said in a Thursday (Aug. 15) crypto...
Reduced cryptocurrency activity last year helped lead to a corresponding decline in crypto money laundering. That’s according to a recent report on crypto crime from blockchain data firm Chainalysis, which showed that illicit addresses sent $22.2 billion worth of cryptocurrency to services in 2023, a sharp drop...
January 18, 2024
Stablecoins have held the promise of serving as a link between the cryptocurrency realm and traditional financial services. Turns out that nowadays, the digital holdings are also a favorite of fraudsters. Blockchain analysis firm Chainalysis found in its latest report on the state of crypto crime trends that stablecoins have supplanted bitcoin as a key […]
March 14, 2023
The year 2022 was one of the most tumultuous in the cryptocurrency industry’s brief history. It was a record year for another reason, too, as illicit crypto transactions hit a...
March 06, 2023
Even the criminals have felt the chill of the crypto winter. Kim Grauer, director of research at Chainalysis, told PYMNTS that the state of crypto-related fraud … depends on where...
February 09, 2023
The entire crypto industry should strive for the level of transparency seen in DeFi, Chainalysis Chief Product Officer Pratima Arora writes in the new PYMNTS eBook, “2023 Payments New Year’s...
September 15, 2024
Efforts to regulate the cryptocurrency sector have not hurt India’s adoption of the digital currency. In fact, the country now leads the world on the 2024 “Global Adoption Index” from blockchain research firm Chainalysis. “Last year, we noted that India remained a top global cryptocurrency market, amid evolving regulatory and tax environments,” the company said […]
September 11, 2024
Singapore is reportedly growing increasingly fond of stablecoin payments. Payments with the digital assets during the second quarter hit a record high of nearly $1 billion in the city state, Bloomberg News...
August 15, 2024
The value of funds taken in hacking activities and ransomware attacks rose during the first seven months of the year. These increases were driven by the higher value of bitcoin...
February 18, 2024
Reduced cryptocurrency activity last year helped lead to a corresponding decline in crypto money laundering. That’s according to a recent report on crypto crime from blockchain data firm Chainalysis, which...
