Chainalysis: MENA region was the world’s fastest-growing crypto market

    Blockchain analytics firm Chainalysis’s study revealed that the Middle East and North Africa region was the fastest-growing market for crypto adoption over the 12-month period that ended on June 30. Crypto users in the region received $566 billion in crypto from July 2021 to June 2022. Users based in The Middle East and North Africa…

    Christie’s goes on-chain starting the new NFT marketplace

    Christie’s, the British auction giant, launched on Sept. 27 its own dedicated NFT on-chain auction platform,” allowing auctions to be carried out fully on-chain on the Ethereum network. For the launch of the new platform, Christie’s is offering just one exclusive collection from multidisciplinary artist Diana Sinclair. Titled Christie’s 3.0, the new platform was created…

    FBI and Chainalysis recover $30 million stolen hackers from Axie Infinity

    With the help of blockchain analysts firm Chainalysis, FBI agents seized $30 million worth of crypto stolen by the North Korean threat group Lazarus from the token-based play-to-earn game Axie Infinity. Hackers stole over $600 million from Axie earlier this year. The news was announced during the AxieCon event on Sept. 8, where the hosts…

    Chainalysis to train UAE state employees for blockchain tech adoption

    The UAE has signed a memorandum of understanding with blockchain intelligence firm Chainalysis. The agreement will see Chainalysis train employees of government institutions in the areas of blockchain technology and digital assets. According to a report by UAE’s official news agency Emirates News Agency (WAM), the memorandum of understanding (MoU) was signed by Omar bin…

    Chainalysis announces free sanctions screening tools for crypto industry

    Blockchain-data analytics company Chainalysis announced a fast-tracked launch of two free screening tools to help provide sanctions oversight to the crypto industry. According to the blog post provided by Chainalysis on Thursday, the screening tools include two main components of new tracking software that will assist exchanges in screening wallets and transactions for activities that…

    Blockchain analytics aids to beat crypto crime in the UAE

    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…