Ransomware cashouts down 35% as victims snub demand: Chainalysis
Ransomware attacks surged last year, but victim payments declined as users refused to meet demands amid increased recovery efficiency by law enforcement. The lucrative ransomware business earned less from victim payouts year-over-year despite a rise in attacks launched by bad actors in 2024, according to a Chainalysis crime report. The report found that ransomware payments […]
Chainalysis partners Lukka to integrate off-chain data in VASP risk product
Blockchain analysis firm Chainalysis has partnered with data and software solutions provider Lukka to enhance its Virtual Asset Service Providers risk product. VASPs play a crucial role in the crypto ecosystem by facilitating access and adoption for both retail and institutional users. However, the market comes with certain VASP-related risks that users may want to […]
Europe sees fastest growth in extremist crypto donations, Chainalysis warns
North America remains the largest source of extremist crypto donations, but Europe’s rapid growth demonstrates shifting regional dynamics, analysts alarm. Extremist groups worldwide are increasingly relying on crypto, with Europe seeing a concerning rise in activity, U.S.-based blockchain analytics firm Chainalysis warns. While North America still leads in overall contributions, amounting to over $20 million, […]
Chainalysis partners with Sui Foundation to strengthen ecosystem security
Blockchain analytics firm Chainalysis has partnered with the Sui Foundation to enhance compliance and security within the Sui ecosystem. The collaboration integrates Chainalysis’s intelligence capabilities with data from the Sui (SUI) Guardian program, enabling more effective monitoring of on-chain activity and the identification of illicit behavior. Through this partnership, Chainalysis customers, including major cryptocurrency exchanges, […]
Chainalysis acquires AI fraud detection startup Alterya
Chainalysis has acquired the artificial intelligence-powered fraud detection startup Alterya. The blockchain analytics platform announced the acquisition on Jan. 13, with details in a Business Insider report indicating Chainalysis completed the deal at $150 million. Chainalysis’ announcement did not disclose any financial details. Alterya’s AI-powered architecture allows it to identify scammers before they reach their […]
