PYMNTS-MonitorEdge-May-2024

Chainalysis

$2 Billion Self-Hack Highlights DeFi’s Slow Crisis Reaction Problem
$2 Billion Self-Hack Highlights DeFi’s Slow Crisis Reaction Problem
November 04, 2022  |  Cryptocurrency

Decentralized finance has a control problem it must solve if it is to become the economic force supporters believe — and opponents fear — that...

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Crypto and the Circle of Disintermediation
Crypto and the Circle of Disintermediation
November 01, 2022  |  Cryptocurrency

Banks have been getting louder and louder about their opposition to central bank digital currencies (CBDCs) like the digital dollar over the course of 2022,...

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Chainalysis Says ‘Crypto Winter’ Hasn’t Discouraged Developing Nations
Chainalysis Says ‘Crypto Winter’ Hasn’t Discouraged Developing Nations
October 31, 2022  |  Cryptocurrency

China put in a mighty showing in blockchain data firm Chainalysis’ annual Global Crypto Adoption Index, landing a 10th place ranking despite the country’s total...

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Chainalysis Sees Growing Push for Crypto Regulation Amid Record Hacks
Chainalysis Sees Growing Push for Crypto Regulation Amid Record Hacks
October 31, 2022  |  Cryptocurrency

Crypto, which was born during the 2008-2009 financial crisis, is about to see how it handles the next one. That is something Michael Gronager, CEO...

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Hacktober’s $718M Losses Are an Existential Threat to DeFi
Hacktober’s $718M Losses Are an Existential Threat to DeFi
October 26, 2022  |  Cryptocurrency

October hasn’t been kind to crypto, with $730 million lost to 18 hacks this month alone, driving the 2022 total loss to $3 billion. With...

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EMEA Daily: Expanded Tink Partnership Brings Open Banking Payments to Adyen
EMEA Daily: Expanded Tink Partnership Brings Open Banking Payments to Adyen
October 05, 2022  |  emea

Today in Europe, the Middle East and Africa, Adyen has tapped Tink to enable open banking payments, and Google announced its intention to launch a...

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Chainalysis: MENA Is World’s Fastest-Growing Crypto Market
Chainalysis: MENA Is World’s Fastest-Growing Crypto Market
October 05, 2022  |  Cryptocurrency

The Middle East and North Africa (MENA) region is the fastest-growing cryptocurrency market on the planet, a report by blockchain researcher Chainalysis has found. The...

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Retail Transactions Boost Crypto Adoption in Sub-Saharan Africa
Retail Transactions Boost Crypto Adoption in Sub-Saharan Africa
October 03, 2022  |  Cryptocurrency

A recent analysis of global cryptocurrency transactions by Chainalysis sheds light on the unique nature of Sub-Saharan Africa’s crypto market, which represented just 2% of...

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FIs Seek Expert Insights on How Best to Tame Crypto
FIs Seek Expert Insights on How Best to Tame Crypto
September 29, 2022  |  Cryptocurrency

When Chainalysis helped U.S. authorities track down and retrieve $30 million in crypto stolen in March by a very sophisticated North Korean government-sponsored hacking group,...

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