Ukraine

East Asia Dominates World’s Onchain Crypto Activity, Europe and North America Trail Behind

Crypto activity continues to flourish worldwide, according to a new cryptocurrency adoption index published by the blockchain intelligence firm Chainalysis. The researchers compile onchain digital currency retail value transferred, onchain crypto deposits, peer-to-peer exchange volume, and other types of methodology. Chainalysis recently published a new report called the “2020 Geography of Crypto,” a study that …

East Asia Dominates World’s Onchain Crypto Activity, Europe and North America Trail Behind Read More »

Eastern Europe’s sixth-largest crypto service is a darknet market

Blockchain forensics firm Chainalysis has found that darknet markets exert a disproportionate presence in Eastern Europe’s crypto sector. In an excerpt from Chainalysis’ 2020 Geography of Cryptocurrency Report, the firm asserts that Eastern Europe is responsible for “more global darknet market activity than any other region,” with the anonymous free market Hydra comprising the region’s …

Eastern Europe’s sixth-largest crypto service is a darknet market Read More »

Crypto Firm Bitsonar Had Signs of a ‘Deliberate Fraud’, Ex-Employee Claims in FBI Report

Yaroslav Shtadchenko, former project manager at now defunct crypto fund Bitsonar, has formally accused his former employer of fraud. As previously reported, Bitsonar is an investment firm that managed to raise up to $2.5 million dollars in crypto from investors worldwide and went bust this summer. Investors from the U.S., U.K., Canada, Ukraine and other …

Crypto Firm Bitsonar Had Signs of a ‘Deliberate Fraud’, Ex-Employee Claims in FBI Report Read More »

Whistleblower Kidnapped in Ukraine After Accusing Crypto Firm of Exit Scam

A group of people pushed a man into a gray minivan on a dark street. The man yelled, “Help! Help! No!” and pushed against the van. Passersby shouted, “Let him go!” and tried to stop the van. The man was finally stuffed inside and the van left.  This blurry video, apparently filmed by an unidentified …

Whistleblower Kidnapped in Ukraine After Accusing Crypto Firm of Exit Scam Read More »

China’s Bitcoin Mining Industry Impacted the Most This Year, Says Report

The researchers and analysts from Tokeninsight published it’s “2020 Q2 Cryptocurrency Mining Industry Report” which shows the industry has grown exponentially during the last six months. The findings indicate cryptocurrency mining has expanded a great deal but China’s bitcoin mines “suffered a great impact” in H1. Tokeninsight published its “2020 Q2 Cryptocurrency Mining Industry Report” …

China’s Bitcoin Mining Industry Impacted the Most This Year, Says Report Read More »

Binance and Ukraine Capture Cyber Criminals Laundering $42M

Binance, the world’s largest cryptocurrency exchange, is collaborating with law enforcement authorities in Ukraine to take down some large-scale money laundering schemes. Working with the exchange, Ukraine’s cyber police identified and arrested a group of criminals involved in a $42 million ransomware and money laundering operation, Binance told Cointelegraph in a criminal investigation report on …

Binance and Ukraine Capture Cyber Criminals Laundering $42M Read More »

Ukraine’s Digital Ministry to Trace Suspicious Crypto Using Crystal Blockchain Software

Ukraine’s Ministry of Digital Transformation signed a deal last week with BitFury’s crypto-tracing spin-off Crystal Blockchain B.V. to kick-start the government’s virtual asset monitoring initiative, a company executive told CoinDesk. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of …

Ukraine’s Digital Ministry to Trace Suspicious Crypto Using Crystal Blockchain Software Read More »