Tag: Chainalysis

As blockchain technology and cryptocurrencies become more popular, they can help overcome financial bias, strengthen financial markets and enhance law enforcement, Bas Lemmens, SVP & GM International, Chainalysis, explains in an interview with ZAWYA. In the popular mind, the blockchain and cryptocurrencies are often linked with ransomware and money laundering. But according to Bas Lemmens,…

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, 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…

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…

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…

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…