Chainalysis – Cryptocurrency Market Price

Chainalysis: Criminals moved $34 million in crypto through DeFi in 2020

Roughly $144.3 billion passed through decentralized exchanges (DEXs) in 2020, but not all transactions involved legally-obtained crypto. Blockchain analysis firm Chainalysis estimates that about $34 million of decentralized finance (DeFi) transactions were conducted by criminal actors. Source: Chainalysis The $34 million figure might not sound like a lot — it’s only 0.02% of the estimated …

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ETC labs announces partnership with Chainalysis

News / By Cryptocurrency Market

Ethereum Classic Labs (ETC) announced a partnership with the blockchain analysis company, Chainalysis to offer Chainalysis KYT (Know Your Transaction) that would help cryptocurrency businesses comply with local and global regulations. With regard to this partnership, Chainalysis said it would also offer the ETC Labs startups, projects, and grantees access to Chainalysis subject matter experts …

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Crypto scammers see less revenue during coronavirus pandemic due to fallen prices: Chainalysis

News / By Cryptocurrency Market

Cryptocurrency scammers may be taking advantage of coronavirus to invent new fraudulent narratives, but their profits have declined since the outbreak of the pandemic because of a drop in crypto market prices, according to blockchain analysis firm Chainalysis. In an April 10 report by Chainalysis, researchers found that the coronavirus pandemic has triggered an increase in …

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Bitcoin payments on dark markets most impacted by coronavirus pandemic: Chainalysis report

News / By Cryptocurrency Market

A report from blockchain analysis Chainalysis this week indicates that the correlation between bitcoin spending and the digital asset’s price went through dramatic changes amid the recent market volatility. The report published on March 30 broke down the impact of the coronavirus on the consumer end of bitcoin. Although purchases related to merchant services, gambling services, the …

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