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ALL From Chainalysis

Crypto Startup Ramp Network Starts Brazilian Unit as First Step in LatAm Expansion

According to coindesk, In the South American country, the company will offer its software development kit (SDK) for clients — including Web2 enterprises, crypto wallets and Web3 games — enabling their users to buy crypto via an end-to-end, non-custodial on-ramp, as well as offering a crypto to fiat off-ramp.

Deloitte and Chainalysis Partner to Improve Crypto Compliance for US Public Sector and Financial Institutions

Deloitte and Chainalysis have formed a strategic partnership to enhance cryptocurrency compliance for their shared clients, with a focus on US public sector customers and financial institutions. The partnership will allow clients to use Chainalysis' blockchain data and analytics software, as well as its training programmes, while also benefiting from Deloitte's forensic, investigative, and compliance services.

Chainalysis' Head of Investigations Unaware of Scientific Evidence for Accuracy of Flagship Software, Testifies in Case Challenging Its Use in Criminal Investigations

Elizabeth Bisbee, head of investigations at Chainalysis Government Solutions, testified in a case between the U.S. government and Roman Sterlingov, the alleged creator of Bitcoin Fog, a cryptocurrency mixer used to anonymize bitcoin transactions. Chainalysis’ Reactor software was used to track cryptocurrency payments in Sterlingov’s criminal investigation, and is now being challenged by Sterlingov’s defense. Bisbee was unable to provide the court with statistical error rates for Chainalysis’ Reactor software and denied being aware of any scientific evidence for its accuracy. Chainalysis reportedly judges its software’s accuracy using customer feedback.

Report Shows Decrease in Crypto Crimes but Increase in Ransomware Attacks Could Result in $898.6 Million Loss by Year End

A recent report by Chainalysis reveals that crypto-related crimes have decreased by 65% compared to the same period in 2022, mainly due to a drop in crypto scams and dark web market activity.

Jacqueline Burns Koven of Chainalysis discusses Mid-year Crypto Crime Report on CNBC Crypto World

CNBC Crypto World delivers up-to-date news and trading updates from the digital currency markets, along with exclusive interviews and stories from the dynamic crypto industry. In today's episode, Jacqueline Burns Koven, the head of cyber threat intelligence at Chainalysis, discusses the findings of the company's mid-year crypto crime report. Stay informed about the latest developments in the world of cryptocurrency with CNBC Crypto World.

Possible Internal Rug Pull Behind Multi-Million Dollar Exploit of Multichain Cross-Chain Bridge Protocol: Chainalysis

Blockchain security and analytics firm Chainalysis has suggested that the recent multi-million dollar exploit of cross-chain bridge protocol Multichain may have been an internal rug pull. The firm believes that administrator keys may have been compromised, leading some to suggest that the exploit could have been an "inside job".

Fake Police Officers Are the Bad Actors in a Rising Crypto Scam

The city of Calgary in Alberta has issued a warning about a crypto scam where fraudsters impersonate police officers and convince victims to pay legal fees or lawyer fees. The scammers often use high-pressure tactics and request payment in Bitcoin, making it difficult to trace the funds.

TIME100 Most Influential Companies 2023: Meet the Heroes of the Crypto Scene

June 22 (Cointime) - TIME magazine has released its 2023 list of the most influential companies, which includes four cryptocurrency businesses: Polygon Labs, Chainalysis, Circle Inc., and Mercado Libre. Polygon Labs was recognized for its collaborations with major companies such as Starbucks, Nike, and Meta, while Chainalysis was honored for its efforts to combat crime financing and money laundering through cryptocurrency. Circle Inc. was added to the list for its humanitarian mission, and Mercado Libre was recognized for its partnership with Amazon and its role in bridging the gap for citizens of underdeveloped regions of Latin America. Additionally, JPMorgan Chase was honored in the "Titans" section for its role in mitigating a potential global banking recession.

Chainalysis Acquires Blockchain Data and Infrastructure Company Transpose

Chainalysis has announced its acquisition of Transpose, a blockchain data and infrastructure company. The specific transaction details are currently unknown. Transpose allows for accurate real-time and historical indexing of blockchain data through its API and proprietary infrastructure, and offers several integration options for clients to incorporate Transpose data into their production environments. Previous reports indicate that Transpose completed a $3 million funding round in May 2022, with MaC Venture Capital leading and participation from HOF Capital, Soma Capital, Pareto Holdings and other investors.

Nami Foundation Enhances Compliance with Chainalysis Blockchain Data Platform

Nami Foundation, a leading digital asset and technology financial economics organization in Vietnam, has partnered with Chainalysis to strengthen its transaction monitoring and investigation capabilities for detecting money laundering and terrorist financing on its blockchain services.