
Ransomware revenues dip 40% as victims ‘refuse to pay’: Chainalysis
The Chainalysis report says that a record 48% all cyber criminals now prefer centralized exchanges, shining a light on Binance and other unregulated exchanges.
The Chainalysis report says that a record 48% all cyber criminals now prefer centralized exchanges, shining a light on Binance and other unregulated exchanges.
Chainalysis says 2022’s estimates are further complicated by the year’s unprecedented carnage that followed the collapse of major crypto firms, such as Celsius, Three Arrows Capital (3AC), and FTX.
The founder of DXS clarifies that the incident in March that led to the capture of 7,579 BSV was not a security breach but a system vulnerability tied to unlawful profit-taking.
According to a recent assessment by Chainalysis, a large chunk of ETH tokens that went missing from FTX wallets was stolen, while some funds had gone to the Bahamian regulator's wallets.
The MENA region processed digital asset trade worth nearly $600 million in a 12-month window, according to a Chainalysis report.
Using the right blockchain analysis tools and assigning experienced field investigators from the public and private sectors are key to combatting cybersecurity threats, Chainalysis finds.
Chainalysis has warned of huge current and future problems that public agencies involved in investigating digital assets crimes may face if they do not keep up with the digital assets industry.
Under the memorandum of understanding, Chainalysis' UAE Centre of Excellence will provide a virtual training program in the blockchain field for government employees.
The hackers launched at least seven attacks targeting exchanges and investment firms and laundered the money through an intricate web of DEXes and mixers.
Africa has seen massive growth since June last year, with the need for cheap remittances, rise of P2P platforms, and savings needs leading the adoption, according to Chainalysis.
Kenya has ranked first in the world for P2P volume for the second year in a row and fifth for adoption – local traders and startup founders share their views.
According to the latest report by Chainalysis, ransomware attacks have led to over $80 million in ransom payments globally in the first four months of 2021.