Chainalysis has crypto’s 'heightened momentum' to thank for multibillion-doll...

Chainalysis has crypto’s 'heightened momentum' to thank for multibillion-doll...

The company recently raised $100M in VC funds. How does it plan to spend that money? Blockchain analytics firm Chainalysis recently added $100 million to its books thanks to investments from a number of parties, including Salesforce CEO Marc Benioff.In a report from CNBC on Friday, Chainalysis CEO Michael Gronager suggested that the success of this fundraising round was due to a feeling of "heightened momentum" in the cryptocurrency space.“Chainalysis, the blockchain analysis company, today announced it secured a $100 million Series D financing led by Paradigm, bringing its valuation to....


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Chainalysis will add Bitcoin to its balance sheet as price surges

"This is Chainalysis’ first acquisition of cryptocurrency, and we will continue to pursue other digital assets as potential future investments," said CEO Michael Gronager. Blockchain analytics firm Chainalysis plans to purchase an undisclosed amount of Bitcoin for the firm’s balance sheet through New York Digital Investment Group’s brokerage services.In a Tuesday blog post, Chainalysis said it will expand its partnership with the New York Digital Investment Group, or NYDIG, to buy an undisclosed amount of Bitcoin (BTC), the price of whicreached a five-month high of $63,293 earlier on....

Chainalysis Adds Bitcoin to Balance Sheet — Its First Cryptocurrency Acquisition

Blockchain data platform Chainalysis has announced that it is adding bitcoin to its corporate investment portfolio. This is the company’s first acquisition of cryptocurrency, the CEO revealed. Chainalysis is valued at $4.2 billion. Chainalysis’ First Acquisition of Cryptocurrency Blockchain data analytics firm Chainalysis announced Tuesday the addition of bitcoin to its balance sheet. Chainalysis will acquire bitcoin using the brokerage services of the New York Digital Investment Group (NYDIG), the bitcoin investment arm of Stone Ridge Asset Management.....

Running With The Big Dogs: Chainalysis To Cover Dogecoin In Its Reports

Blockchain intelligence company Chainalysis has announced that going forward its reports will also include Dogecoin coverage. Chainalysis Now Covers The Dogecoin Network As per an announcement on Chainalysis’ website, the leading blockchain intelligence company now includes Dogecoin (DOGE) in its reports. Lately, the coin has become very popular, and it now accounts for the fourth […]

Buying the Dip: Multibillion-Dollar Microstrategy Invests $10 Million More in...

Nasdaq-listed multibillion-dollar company Microstrategy has purchased more bitcoins. With the latest buy of the cryptocurrency worth $10 million, the company now holds 70,784 bitcoins in its treasury. Microstrategy’s Bitcoin Holdings Rise to 70,784 The Nasdaq-listed Microstrategy (NASDAQ: MSTR), with over $5 billion in market cap, has bought 314 more bitcoins. CEO Michael Saylor announced Friday: Microstrategy has purchased approximately 314 bitcoins for $10.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $31,808 per bitcoin. We....

Chainalysis: More Ransomware Arrests Are Coming

Ransomware has been on the rise as of late, and it is a cyber security threat a lot of businesses and government services are taking seriously. According to Chainalysis, the blockchain monitoring company, more ransomware-related arrests from law enforcement are on the horizon. Can Companies Like Chainalysis Curb Ransomware and Cyber Crime? Cybercriminals....