According to the Chainalysis report, crypto-based crime hit an all-time high in 2021, with illicit addresses receiving $14 billion over the year, up from $7.8 billion in 2020. Janey Young, the head of Global Investigations at Chainalysis, explained how blockchain analytics can help combat cryptocurrency crime in the UAE. The last 12 months have been…
The supply ratio has shrunk by 3%, and Bitcoin exchange supply is the lowest in 37 months. BTC exchanges now hold only 10.8% of the supply. Amid global adoption and holding trends, BTC owners have substantially moved their digital assets from trading platforms to crypto wallets in the last three years. Santiment’s recent data highlights…
The Ethereum blockchain transitioning from the PoW consensus algorithm to PoS is the most anticipated event of the crypto world in 2022. It is supposed to give the platform a “second wind” and allow it to maintain its leadership in DeFi. The big question is, can Vitalik Buterin’s team do everything as they planned? The…
The NEAR Protocol blockchain is not as flashed out in the crypto news as many other platforms. However, its impact on the market and its role in the development of DeFi is becoming more and more noticeable. The NEAR blockchain platform is an infrastructure layer similar to many other comparable platforms. Developers deploy decentralized applications,…
China is using the Olympic Games they’re hosting to bring its CBDC, the digital yuan, to a qualitatively new level. The methods of achieving this goal are consistently impressive, although far from always pleasant. Just ahead of the 2022 Winter Olympics in Beijing, the People’s Bank of China (the country’s central bank) confirmed that it…
While money returns to the crypto market, derivatives data shows that investor confidence is strengthening as the market forms a bottom, signaling a possible trend reversal. The Tether/CNY premium and CME futures basis have recently flipped bullish, indicating a positive investor attitude. Over last week the total capitalization of the crypto market raised 10% to…