Big Four accounting firm Deloitte said the partnership could help authorities identify and take down bad actors hiding “behind the keyboard.”
Developer Activity Shows Healthy Growth of the Crypto Space
The trope of developers continuously building even during a bear market rings true in 2023.
Covalent CEO: There’s an ‘unresolved backlog’ of unfilled Web3 data roles
The demand for on-chain analysts is set to further increase with Web3 data outgrowing Web2 data over the next 20-30 years, says Covalent’s Ganesh Swami.
Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode
Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets continues to reach new highs.
High-profile BAYC collector denies allegations of wrongdoing brought by DeFi detective
At the time of publication, it is not clear how the DeFi detective allegedly connected wallets with questionable activities to Jeff Huang.
Hacker bungles DeFi exploit: Leaves stolen $1M in contract set to self destruct
A hacker apparently so thrilled by a successful theft left behind over $1 million in a smart contract that was set to destruct, permanently ensuring the crypto could never be moved.
New York state ramps up blockchain monitoring to enforce sanctions
Blockchain analytics will help ensure that NY-licensed companies don’t send money to sanctioned Russians.
4% of crypto whales are criminals and they have $25B between them: Chainalysis
The report defines criminal whales as private wallets that hold more than $1 million worth of crypto with more than 10% of their balances coming from illicit addresses.
Crypto Recovery Lawyer David Silver Joins Coinfirm’s US Board
The noted attorney will help defrauded investors recover their wrongfully taken cryptocurrencies as a member of Coinfirm’s board in the U.S.
Hackers, Scammers Have Stolen $7.6B in Crypto Since 2011
Billions of dollars have been stolen through exchange hacks and scams, according to a new report from blockchain analytics firm Crystal Blockchain.
‘Digital Mercenaries’: Why Blockchain Analytics Firms Have Privacy Advocates Worried
Blockchain surveillance highlights the tension between further crypto transparency that encourages wider adoption and its cypherpunk roots.
PayPal-Backed Blockchain Analytics Firm Hires Former US Treasury Adviser
TRM Labs, a blockchain analytics firm with backing from PayPal, is adding Ari Redbord as its head of legal and government affairs.
CipherTrace Outlines Regulatory Gray Zones Plaguing Booming DeFi Sector
Here’s how blockchain analytics firms like CipherTrace and Elliptic are viewing DeFi and DEXs after the KuCoin hack.
Elliptic Follows Chainalysis in Adding Zcash to Monitoring Platform
Elliptic, the blockchain analysis company, has added privacy coins zcash and horizen to its monitoring platform.
Blockchain Sleuthing Firm Elliptic Adds 87 Crypto Assets in Arms Race With Chainalysis
Crypto sleuthing firm Elliptic has added 87 new tokens to its analytics offering, expanding its reach to 97% of digital assets by trading volume.
Crypto Forensics Firm TokenAnalyst Shuts Down, Some Employees Hired by Coinbase
TokenAnalyst is shutting down after 2.5 years of operations, with some employees moving on to new roles at Coinbase.
Wells Fargo Invests $5M in Startup Connecting Crypto Exchanges and Banks
Banking giant Wells Fargo is backing blockchain forensics firm Elliptic.
CipherTrace to Tackle ‘Modern-Day Slavery’ With Crypto Analytics
The blockchain security firm has partnered with the Anti-Human Trafficking Intelligence Initiative (ATII) to fight human trafficking.
Blockchain Sleuthing Firm Chainalysis Slashes 20% of Workforce
Chainalysis laid off 39 employees Thursday citing the need for a “path to profitability.”
PayPal Joins $4.2M Round for Crypto Banking Compliance Startup
Reddit founder Alexis Ohanian’s Initialized Capital, Blockchain Capital and PayPal Ventures are backing TRM Labs in its effort to help financial firms manage crypto risk.