Crystal Blockchain Study Reveals $16.7 Billion in Crypto Assets Stolen Since 2011
Crystal Blockchain, a company that provides blockchain data and analytics, published a study covering security breaches, fraud, and scams related to cryptocurrency and decentralized finance (defi). According to the study, approximately $16.7 billion in crypto assets have been stolen since 2011. Last year, Crystal’s intelligence team documented 199 incidents resulting in the theft of $4.17 […]
Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers
Elementus, a New York-based blockchain firm, has raised $10 million as part of its Series A-2 funding round, led by Web3 VC company Parafi Capital. The raise, which values the company at $160 million, aims to allow Elementus to keep improving its processes for providing effective and sound blockchain analytics to Web3 companies and government […]
Bitcoin Network Braces for Notable Difficulty Increase in 3 Days
Bitcoin’s mining difficulty, the measure of how difficult it is to find a new block and add it to the blockchain, is set to increase significantly on Jan. 15, 2023, according to current estimates. At the time of writing, Bitcoin’s mining difficulty appears to be on track for a 10% increase, rising from 34.09 trillion […]
USDC transfer volume hit 5X USDT’s in fallout from FTX collapse
Although it has a much smaller market cap, on-chain data shows that USDC has a much greater transfer volume than its main competitor USDT.This post was originally published on this site
Illicit cross-chain transfers expected to grow to $10B: Here’s how to prevent them
Forecasts predict cryptocurrency criminals laundering more than $10 billion through cross-chain bridges by 2025, leading to calls for holistic screening solutions.This post was originally published on this site
FTX debacle sees Nansen take stock of major exchange onchain holdings
Blockchain analytics firm Nansen has released an overview of major cryptocurrency exchanges’ onchain asset holdings and portfolios in the wake of FTX’s collapse. This post was originally published on this site
Man and Machine: Nansen’s analytics slowly labeling worldwide wallets
Nansen CEO Alex Svanevik sat down with Cointelegraph for an exclusive interview during Token2049.This post was originally published on this site
Total exchange BTC inflows have been net negative since July '21
There have been more outflows than inflows to most exchanges except Binance, FTX, Bittrex, and Bitfinex since last July, suggesting sellers may be exhausted according to Glassnode.This post was originally published on this site