Category: Chainalysis

Demand for Bitcoin Will See a Dramatic Shift in 8 Years – Retail Addresses to Eat up Entire New Supply

Demand for Bitcoin Will See a Dramatic Shift in 8 Years - Retail Addresses to Eat up Entire New SupplyA recent report from ZUBR Research explains that by 2028, retail demand for bitcoin will exceed the supply. The report highlights that in eight years as Bitcoin’s supply rate decreases “retail size addresses [will] begin to eat up all the new supply alone.” Even the next halving in 2024 could see retail accounting for acquiring […]

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Visualize Crypto Transaction Privacy Scores With Blockchair’s ‘Privacy-o-Meter’

Visualize Crypto Transaction Privacy Scores With Blockchair's 'Privacy-o-Meter'On June 24, the block explorer and blockchain data platform, Blockchair, announced the launch of a new privacy tool called the “Privacy-o-meter.” According to Blockchair, the new service combats blockchain surveillance companies by highlighting privacy issues for crypto transactions. This week the blockchain explorer and crypto analytics firm, Blockchair, revealed a new tool that aims […]

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Skeptics Concerned Plustoken Scammers Plan to Dump $187M Worth of Ethereum

Skeptics Concerned Plustoken Scammers Plan to Dump $187M Worth of EthereumCrypto market skeptics and speculators are concerned about 789,000 ETH that started moving four days ago last Wednesday. The transaction was recorded by Whale Alert, and the $187 million worth of ether stems from the Plustoken scammers. On Wednesday, June 24, 2020, at approximately 9:46 a.m. (ET) the Plustoken scammers who have yet to be […]

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83% of Bitcoin Addresses Currently Profitable, Says Glassnode

83% of Bitcoin Addresses Currently Profitable, Says GlassnodeAt least 83% of existing Bitcoin addresses are currently in a state of profit, according to Glassnode. That’s a 43% increase since bitcoin’s precipitous crash on March 12, now known as the ‘Black Thursday.’ At the time, only 45% of all the BTC addresses were profitable – a low for 2020. Per the new data, […]

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Only 3.5 Million Bitcoin Is Traded Worldwide; Majority of BTC Held Long-Term as Digital Gold, Says Chainalysis

Only 3.5 Million Bitcoin Is Traded Worldwide; Majority of BTC Held Long-Term as Digital Gold, Says ChainalysisOnly 3.5 million bitcoin or 19% of total circulating supply is actively traded throughout the world, while the rest is being held long-term by investors, according to a new report by crypto analytics company Chainalysis. Per the report, nearly 18.6 million bitcoin (BTC) has been mined as of June 2020. Of this, around 60% BTC […]

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Not So Private: 99% of Zcash and Dash Transactions Traceable, Says Chainalysis

Not So Private: 99% of Zcash and Dash Transactions Traceable, Says ChainalysisChainalysis says it can track 99% of transactions involving Zcash, and almost all of Dash’s – coins that both fancy themselves as private and untraceable. Now, that’s because the majority of users do not utilize the optional privacy-enhancing features available on the two blockchains, it said in a June 8 blog, announcing support for the […]

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No Evidence ISIS Is Storing $300 Million in Bitcoin, Says Chainalysis

Blockchain intelligence firm Chainalysis has dismissed claims ISIS is holding a $300 million bitcoin (BTC) war chest. In a “fact-checking” report, published on May 20, 2020, the U.S. company accused the media of sensationalizing allegations about BTC and other cryptocurrencies being used to fund terror groups. Most terrorism financing campaigns have raised less than $10,000 […]

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20 Blockchain Surveillance Firms Monitor Crypto Networks, But Some Apps Show Inaccuracies

20 Blockchain Surveillance Firms Monitor Cryptos, But Some Apps Show InaccuraciesDuring the last few years, blockchain surveillance has increased a great deal and in the early days around 2013-14, there were only a handful of firms. Now there are more than 20 blockchain analysis companies that monitor addresses, transactions, and making sure addresses are AML/CFT compliant as well. The Rise of Blockchain Analysis Ventures In […]

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3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet

3 Reports Look at North Korea's Lazarus Group, Iran's Farhad Exchange, and Crypto Ponzi FuturenetOn May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting service allegedly tied to North Korea, and how Iran-based exchanges are bypassing OFAC sanctions […]

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Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency Spending

Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency SpendingA lot has changed since the coronavirus pandemic swept the globe as it has caused a wide range of negative effects on the world’s economy. On March 30, the blockchain surveillance firm Chainalysis published a report that shows how the cryptoconomy is faring from merchant acceptance to gambling, and darknet purchases as well. The researcher’s […]

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Next Step Mobile Surveillance: How You Walk, Your Heartbeat – Why Bitcoin Matters to Combat Government Privacy Invasion

Next Step Mobile Surveillance: How You Walk, Your Heartbeat – Why Bitcoin Matters to Combat Government Privacy InvasionIt may sound like something from a dystopian cyberpunk movie, but payment providers could soon be validating transactions by the way users walk, their heartbeat, veins, and more. Mastercard has recently revealed they “have been testing heartbeat, vein technology, and the way people walk to authenticate people.” The high tech proposal, designed to fight hackers […]

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There’s No Such Thing as Tainted Bitcoins

There’s No Such Thing as Tainted BitcoinsAll bitcoins are created equal. But in the eyes of blockchain forensics firms, some bitcoins are more equal than others. If these companies are to be believed, coins that have been used in criminal transactions are ‘tainted,’ destined to be forever linked with nefarious activity. The reality, however, is far different, for ‘taint’ is solely […]

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New Chainalysis Report Sheds Light on Darknet Markets and the Need for Onchain Privacy

New Chainalysis Report Sheds Light on Darknet Markets and Highlights the Need for Onchain PrivacyDarknet market activity hit new highs in 2019, as shown in a new report from blockchain forensics firm Chainalysis. Despite concerted attempts from law enforcement (LE) to crack down on darknet markets (DNMs), coupled with several exit scams, crypto inflows and outflows surpassed $800 million last year. Also read: Monopoly Is a Tiny Darknet Market […]

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Data Shows $25 Billion Worth of Bitcoin and Ether Held by Seven Crypto Exchanges

Data Shows $25 Billion Worth of Bitcoin and Ether Held by Seven Crypto ExchangesOn January 3, 2020, a small group of crypto enthusiasts celebrated the second annual Proof-of-Keys day with hopes to get people to withdraw funds from centralized digital currency exchanges. However, exchanges holding massive amounts of BTC only saw their reserves grow larger and data shows that Coinbase now holds 1 million BTC ($8.4 billion). Crypto […]

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