Over the past fortnight, Chainlink has witnessed a notable surge in accumulation by both entities and individual holders. This accumulation trend has led to a reduction in the altcoin’s circulating supply as large wallet investors opt to withdraw their holdings from exchanges. The recent data from crypto intelligence tracker Lookonchain reveals a compelling narrative. A […]
Chainalysis, a leading blockchain analysis company, has unveiled its latest annual report, shedding light on the intricate world of crypto money laundering. The report, released today, divulges insights into how criminals leverage cryptocurrency to mask their illicit gains. In a significant revelation, the report discloses a notable 30% decrease in crypto money laundering activities throughout […]
Chainlink’s soaring rally faces a bearish turn as top bulls retreat. Chainlink (LINK) recently experienced a noteworthy ascent, reaching $16.60, only to subsequently plummet by 15%, hinting at a looming bearish trajectory. This corrective phase is linked to waning bullish activities following a month of relative stability. Particularly influential were the top 150 Chainlink bulls, […]
The cryptocurrency industry has experienced a year of recovery in 2023, bouncing back from the turbulence of 2022. As of June 30, prices of digital assets like Bitcoin have surged over 80%, offering renewed hope to investors and enthusiasts. Meanwhile, the latest mid-year report by Chainalysis, a leading blockchain analysis company, reveals a significant decrease […]
According to research by blockchain analysis company Chainalysis, cybercriminals sponsored by North Korea stole $1.7 billion (£1.4 billion) in cryptocurrency in 2022, breaking the previous record for cryptocurrency theft by at least four times. According to Chainalysis’ study, last year was “the biggest year ever for crypto hacking.” Cybercriminals in North Korea are allegedly turning […]
Senior director at Chainalysis Erin Plante revealed at the Axiecon event held on Thursday that US authorities had confiscated about $30 million worth of cryptocurrency from North Korean-sponsored hackers. Noting that the operation was aided by law enforcement and top crypto organizations, Plante explained: “More than $30 million worth of cryptocurrency stolen by North Korean-linked […]
On-chain analytics data provider Chainalysis reported some interesting developments in the cryptocurrency market with its mid-year crypto crime update, termed “Illicit Activity Falls With Rest of Market, With Some Notable Exceptions,” published on August 16. Chainalysis wrote in the report: “Illicit volumes are down just 15% year over year, compared to 36% for legitimate volumes.” […]
