Thu, September 19

Crypto Scam in Australia Affecting 2000 Wallets Uncovered by Chainalysis 

Recently, Chainalysis’s “ Operation Spincaster” revealed that over 2000 crypto wallets have been compromised by “approval phishing scams” in Australia. The Australian Federal Police (AFP) is examining the financial losses from these attacks impacting a large number of users. Approval of phishing scams involves deceiving users into authorizing fraudulent transactions.

August 5, 2024 2 mins read

India Dominates Crypto Adoption: Chainalysis

Blockchain analysis platform Chainalysis unveiled its Global Crypto Adoption Index for 2023, revealing that India has surged to the top spot in terms of cryptocurrency adoption despite grappling with a challenging regulatory and tax environment. This marks a two-spot rise from its position in the previous year’s rankings. The report

September 13, 2023 3 mins read

Chainalysis Announces Layoff Amid Prolonged Crypto Winter

As private sector demand has decreased in tandem with the sell-off in cryptocurrencies for much of the last year. Chainalysis is laying off around 44 of its 900 workers, or 4.8% of its staff. According to Maddie Kennedy, the company’s senior director of communications, the layoffs will mostly affect members

February 2, 2023 1 min read

Ransomware Payments Down by 40% in 2022 as per Chainalysis Report

As reported by blockchain forensics company Chainalysis, ransomware payments have decreased by 40.58 percent. Chainalysis claims in a research published on Thursday that ransomware attackers stole at least $456.8 million in 2022, down from the $765.6 million they stole in 2021. Criminals that deploy ransomware demanding Bitcoin or other cryptocurrencies

January 22, 2023 1 min read

Much Needed Crypto Incident Response Program Launched by Chainalysis

An asset recovery attorney and law enforcement liaison may be provided upon request. Chainalysis investigators have worked with commercial and public sector organizations. Crypto Incident Response is Chainalysis’s new quick response solution for organizations targeted by a cyber-attack or unauthorized network penetration that includes theft or demand for a cryptocurrency.

June 23, 2022 2 mins read

Chainalysis Announces It Will Cover DOGE in Its Forthcoming Reports

Chainalysis, the blockchain analysis firm, announced it will now incorporate Dogecoin (DOGE) in its forthcoming reports. Dogecoin (DOGE) is a well-known meme coin. Dogecoin started as a joke meme, but now it becomes one of the most popular cryptocurrencies. Chainalysis experienced constant growth this year, as a result of government

August 11, 2021 2 mins read

Indian Crypto Investment Raised Nearly 19,900% Over the Past Year

Indian crypto investment raised nearly 19,900% over the past year. Chanalysis evaluates the sum invested in cryptocurrency over India. Over $13,000, invested by Richi Sood in crypto assets. Regardless of India’s uncertain regulatory climate concerning crypto belongings. Over the past year, nationwide investments in crypto belongings raised nearly 19,900%. Moreover,

June 29, 2021 2 mins read