Recent Posts
Crypto Scam Revenue Dropped 46% in 2022, While Blockchain Analysis Finds Links Between What Appear to be Distinct Scams
While scams remain the largest form of cryptocurrency-based crime (that is, if we ignore transactions associated with OFAC-sanctioned entities, which…
DeFi Success in the Wake of Centralized Cryptocurrency Exchange Struggles: Podcast Ep. 43
Episode 43 of the Public Key podcast is here! In this episode, we have our first guest of Public Key…
The U.S. and U.K. Sanction Members of Russia-Based Trickbot Cybercrime Gang
Our data shows ransomware strains related to Trickbot extorted at least $724M worth of crypto, making Trickbot the 2nd highest earning cybercrime group.
How Darknet Markets and Fraud Shops Fought for Users In the Wake of Hydra’s Collapse
2022 saw a decline in revenue from the previous year for darknet markets and fraud shops. Total darknet market revenue…
Challenges and Opportunities in Cryptocurrency Sanctions Compliance and How Blockchain Analysis Can Help
This year, the research team at Chainalysis found that illicit activity in crypto reached an all-time high in 2022. Why?…
The Chainalysis 2023 Crypto Crime Report Preview (Part 2 of 2): Podcast Ep. 42
Episode 42 of the Public Key podcast is here! In this episode, we are back for the second part of…
2022 Biggest Year Ever For Crypto Hacking with $3.8 Billion Stolen, Primarily from DeFi Protocols and by North Korea-linked Attackers
2022 was the biggest year ever for crypto hacking, with $3.8 billion stolen from cryptocurrency businesses. Hacking activity ebbed and…
Crypto Tax Season: What Investors and Tax Agencies Need to Know: Podcast Ep. 41
Episode 41 of the Public Key podcast is here! It’s tax season, and we sat down with our Global Head…
DOJ and Europol Announce Disruption of Hive Ransomware
Today, the U.S. Department of Justice (DOJ) and Europol announced the disruption of the Hive ransomware strain, following a joint…
Crypto Money Laundering: Four Exchange Deposit Addresses Received Over $1 Billion in Illicit Funds in 2022
Money laundering is crucial to all financially motivated crime because it’s what enables criminals to access the funds they generate…
The Blockchain Bandit is On the Move: Wallet of Prolific Crypto Thief Moves Funds for First Time in Six Years
After six years of hodling, the notorious “Blockchain Bandit” has woken up and begun moving some of the $90 million…
[CHAINALYSIS PODCAST EPISODE 40] Scaling Ethereum Layer-2 Protocols Could be the Answer for CBDCs and Web3 Ecosystem
Episode 40 of the Public Key podcast is here! In this episode, we talk with someone on the front lines…
Ransomware Revenue Down As More Victims Refuse to Pay
2022 was an impactful year in the fight against ransomware. Ransomware attackers extorted at least $456.8 million from victims in…
U.S. Authorities Move Against High-Risk Exchange Bitzlato for Providing Money Laundering Services to Ransomware Attackers and Other Russia-based Criminals
Today, the Department of Justice (DOJ) announced the arrest of Russian national Anatoly Legkodymov for his role as founder and…
[CHAINALYSIS PODCAST EPISODE 39] The Chainalysis 2023 Crypto Crime Report Preview (Part 1 of 2)
Episode 39 of the Public Key podcast is here! In this episode, we talk with occasional co-host and Director of…
2023 Crypto Crime Trends: Illicit Cryptocurrency Volumes Reach All-Time Highs Amid Surge in Sanctions Designations and Hacking
Every year, we publish our estimates of illicit cryptocurrency activity to demonstrate the power of blockchains’ transparency – these kinds…
[CHAINALYSIS PODCAST EPISODE 38] Why Incident Response Needs Are Surging Amidst New Cryptocurrency Cyber Threats
Episode 38 of the Public Key podcast is here! In this episode, we talk with the cyber risk team at…
Ambition to Action: The UK as a Digital Asset Hub in 2023
In April 2022, the UK Government and then Chancellor Rishi Sunak first stated the ambition “to turn the UK into…