A Chainalysis report reveals that Argentina surpassed Brazil in cryptocurrency value received during the period examined, highlighting the high adoption of stablecoins in Latin America. However, Venezuela was the market that grew the most, rising by 110% despite the current political and economic turmoil the nation is facing. Chainalisis Latam Report: Argentina Beats Brazil, Venezuela’s […]
India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations. Chainalysis Highlights Global Cryptocurrency Adoption Blockchain data analytics firm Chainalysis published an excerpt from its 2024 Geography […]
Amidst a legal challenge, Tether, the USDT stablecoin issuer, has made a strategic appointment. The Chief Economist of crypto surveillance company Chainalysis, Philip Gradwell, has been brought on board as Tether’s Head of Economics. This move comes at a time when Tether and its sister crypto exchange Bitfinex are facing a class action lawsuit. The […]
Crypto analytics firm Chainalysis has previewed an in-depth report on money laundering within the crypto space, providing insights into tracing illicit funds and advanced identification techniques. The firm discovered that since 2019, nearly $ 100 billion has been transferred from known illicit wallets to conversion services. The report underscores the need for broad expertise …
Blockchain analytics firm Chainalysis has found that law enforcement finds cryptocurrency relevant to many investigations and holds positive overall views. The firm also notes the growing adoption of cryptocurrency and its increased criminal exploitation, including intellectual property theft and drug trafficking. Despite the availability of various tools, many respondents are dissatisfied with current resources, highlighting […]