Chainalysis

Blockchain & Cryptocurrency

UAE stablecoin usage up 55% YoY

News Desk 2 06/11/2024 0

As new regulations drive market momentum The UAE is witnessing a significant surge in the use of stablecoins as the value of stablecoins transacted in the first half of 2024 reached over $9.8 billion, a 55% increase from the $6.3 billion recorded during the same period in 2023. As a result,

Cybersecurity Gitex

Chainalysis: Romance and address poisoning scams on the rise

News Desk 2 01/09/2024 0

As average lifespan of scams falls Cryptocurrency-related scams are surging in 2024, with billions of dollars flowing into fraudulent schemes, according to a new study by Chainalysis. The study by the New York, US-headquartered blockchain data company reveals that these scams are evolving, significantly shifting toward more targeted attacks. Chainalysis’ report

Blockchain & Cryptocurrency Cybersecurity

Chainalysis: Global crypto crime has fallen 19.6% YTD

News Desk 2 19/08/2024 0

Ransomware emerges as a notable exception New research from Chainalysis, the blockchain analysis firm headquartered in New York City, reveals a significant drop in global crypto-related crime. Year-to-date (YTD) illicit activity has decreased by 19.6%, from $20.9 billion to $16.7 billion. Despite the decline in illicit transactions, ransomware has emerged as a notable

Blockchain & Cryptocurrency Business UAE

New York’s Chainalysis Opens Regional Headquarters In Dubai

News Desk 2 17/05/2024 0

Cementing Commitment To UAE’s Crypto Evolution Chainalysis, a global blockchain intelligence platform, has launched its regional headquarters in Dubai. The New York-headquartered company specialises in cryptocurrency investigation and compliance solutions for global law enforcement agencies, regulators, and private sector entities fighting illicit cryptocurrency

NEWS DESK

Emirates NBD welcomes Chainalysis to Digital Asset Lab Council

News Desk 2 06/05/2024

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has announced Chainalysis as a key council member of the Digital Asset Lab. Chainalysis, the blockchain data platform, will join professional services firm PwC, digital asset transfer and direct custody technology platform Fireblocks, and R3, an enterprise Distributed ledger

Blockchain & Cryptocurrency Markets

Global crypto markets amassed $37.6 billion in 2023

News Desk 1 15/03/2024 0

UAE crypto investors gained $200 million The global crypto markets experienced a robust resurgence in 2023, witnessing a substantial recovery from the tumult of the previous year. According to Chainalysis, a leading blockchain data company, the global crypto investor community amassed total gains of $37.6 billion during the year, marking a significant rebound from the […]