Bybit’s recent hack involving $1.5 billion worth of ETH is still making rounds in the industry. The exchange bounced back sooner than expected by closing the ETH deficit within a couple of days. However, several industry players are planning to uncover the hack to take measures against these types of
It’s another week’s end and thus the folks at the crypto community are hoping for another bull run. However, this time they hope it will stay. Meanwhile, apart from price actions, web3 firms have shown activity in terms of partnerships and advancements or new announcements. Notably, crypto-based firm Chainalysis’s co-founder
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.
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
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
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
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.
SINGAPORE, 4 November 2021 – Cabital, a leading digital assets institution, today announced that it seeks to apply for formal approval from the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019 to provide digital payment token services as a Major Payment Institution. Securing regulatory approval under the
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
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,
