Bitcoin News
Grassroots crypto adoption to follow real-world use cases, says Chainalysis APAC policy lead
Blockchain-based gaming and remittances among top drivers toward adoption in central and South Asia.
Will Fee
Lens
Chainalysis
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Bitcoin News
UK emerges as world’s third-largest economy in terms of crypto transaction volume: Chainalysis
The U.K. is also listed as the 14th economy on Chainalysis’ Global Crypto Adoption Index.
Zoltan Vardai
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Bitcoin News
US$30 mln seized from North Korea hacking group: report
Over US$30 million worth of cryptocurrency stolen by North Korea-linked hackers has been seized by law enforcement, with the help of crypto organizations like the Chainalysis Crypto Incident Response Team. See related article: North Korea behind Ronin hack: US Fast facts This marks the first time that digital assets stolen from North Korean hacking groups […]
Zoltan Vardai
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Altcoins
A few large trades likely broke UST’s peg: Chainalysis
Analysis by the blockchain data platform found the collapse of TerraUSD (UST) took place in three stages — a few large trades broke UST’s peg triggering a selloff, there were attempts to restore the peg, but continued selloff finally drained all funds. See related article: Run on UST cuts the ground from under Terra’s feet Fast facts […]
Monika Ghosh
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Altcoins
FTX, OpenSea make the cut to Forbes Fintech 50
Nine cryptocurrency and blockchain companies, including crypto exchange FTX, made it to the 2022 list of the Forbes Fintech 50 released Tuesday, with all nine raising a total of US$6.5 billion in venture capital, according to the business magazine. See related article: FTX.US forays into stock trading Fast facts The latest list features private companies […]
Timmy Shen
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Regulation
Chainalysis launches crypto wallet sanction screening tools
Blockchain analytics firm Chainalysis announced the launch of two screening tools on Friday that will allow cryptocurrency wallet owners to determine if wallets are compliant with global sanctions efforts and will be provided free of charge to the crypto industry. See related article: Coinbase blocks 25,000 Russian crypto wallet addresses Fast facts Centralized exchanges widely […]
Lachlan Keller
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Bitcoin News
North Korea refutes crypto hack allegation, claims the US made it up
North Korea’s foreign affairs ministry wrote on its website Tuesday that the U.S. is behind the claim that the socialist state hacked millions of dollars worth of cryptocurrency. Fast facts The Democratic People’s Republic of Korea (DPRK) warned that it considers the act of spreading rumors about a “non-existent” cryptocurrency theft to be a serious […]
Danny Park
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Bitcoin News
Hackers got $602M in cryptocurrency ransom in 2021: report
Ransomware payments in crypto tallied higher than US$602 million in 2021, according to blockchain forensics firm Chainalysis, with average payments recording US$118,000, or 34% higher than the 2020 average. Fast facts
Ningwei Qin
