UAE Steps Up Global War On Crypto Crime – Details
The United Arab Emirates is moving harder against financial crime tied to cryptocurrencies, with authorities widening cooperation at home and abroad. Related Reading: Strategic Bitcoin Reserve: Research Chief Claims US Likely To Launch SBR By Year-End Reports show that millions of dollars in virtual asset laundering have already been tracked, and officials are intent on […]
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A crypto wallet connected to the notorious $300 million Coinbase hack has reappeared with another suspicious move on the Ethereum blockchain. Related Reading: UAE Steps Up Global War On Crypto Crime – Details Over the weekend, the address acquired 3,976 ETH worth approximately $18.9 million, according to on-chain data from Arkham Intelligence. The purchase was […]
Israeli authorities have identified a cluster of crypto addresses they say moved about $1.5 billion in Tether (USDT) that is connected to Iran’s Islamic Revolutionary Guard Corps. Related Reading: UAE Steps Up Global War On Crypto Crime – Details According to reports, the National Bureau for Counter Terror Financing (NBCTF) of Israel flagged 187 wallet […]
Wall Street veteran Jordi Visser told reporters that US traditional finance firms are likely to raise their Bitcoin allocations before the end of the year. Related Reading: UAE Steps Up Global War On Crypto Crime – Details He expects demand to pick up in Q4 as portfolio managers set positions ahead of 2025. Some managers […]
The growing popularity of cryptocurrencies has placed Russia among the leaders in adoption. But while it is yet to reach the top of the ranking, the country already has a “disproportionate share” of global activity related to some forms of crime involving cryptocurrency, according to a new study by Chainalysis.
Three Quarters of Ransomware Revenue Traceable to Russia, Researchers Say
Individuals and groups based in the Russian Federation, which is in the top 20 of the Global Crypto Adoption Index by Chainalysis, can be linked to some $400 million in....
A study by blockchain analytics firm Chainalysis finds that cryptocurrency-related crime has fallen significantly. The criminal share of all crypto activity fell to just 0.34% in 2020. This contradicts recent statements by U.S. Treasury Secretary nominee Janet Yellen and ECB President Christine Lagarde that cryptocurrencies are mostly used for illicit financing. Crypto Crime Plummeted in 2020 Chainalysis shared some findings from its 2021 Crypto Crime Report this week. While acknowledging that “cryptocurrency remains appealing for criminals as well due primarily to its pseudonymous....