In recent months, a troubling trend has emerged in the world of crypto crime. According to the latest Chainalysis report shared with CryptoPotato, there has been a significant increase in…
On Aug. 15, crypto compliance and research firm Chainalysis released the first part of its 2024 crypto crime report. The firm revealed that aggregate illicit activity on-chain has dropped by…
While overall illicit transactions have decreased since last year, there has been a notable rise in – stolen funds and ransomware. The amount of stolen funds in crypto scams has…
Malicious actors have increasingly used crypto-linked disinformation campaigns to disrupt elections, including the 2020 election. With the 2024 global elections impacting half the world’s population, identifying and addressing these campaigns…
With cybercriminals increasingly leveraging mixers, cross-chain bridges, and hops between intermediary wallets to obscure the origin and movement of their funds, crypto-native money laundering is getting sophisticated. The industry has…
Tether partners with Chainalysis to implement a comprehensive surveillance system that monitors USDT transactions on secondary markets to improve security and compliance. Strengthening Surveillance Tether, the issuer of the largest…
In 2023, cryptocurrency markets experienced a period of recovery following the turmoil of 2022, witnessing improvements in asset prices and market sentiment. According to Chainalysis, all crypto investors collectively amassed…
Following sanctions in August 2022 for laundering over $455 million in stolen crypto assets by the Lazarus Group, controversial coin mixer Tornado Cash faced a major setback. Despite OFAC’s delisting…
According to a recent report published by crypto analytics firm Chainalysis, money laundering involving crypto assets has experienced a notable decline compared to the previous year. However, the report highlights…
Despite efforts to combat cybercrimes and theft in the crypto industry, a recent study by Chainalysis has revealed a significant resurgence of ransomware in 2023. Payments exceeding $1 billion were…
