Various cryptocurrencies claim to be private, or at least provide some privacy-oriented solutions for its users. A new report by Chainalysis confirms that both Dash and ZCash should not be classified as such, albeit that isn’t a big surprise anymore. Providing privacy in the cryptocurrency world isn’t as easy as […]
Tag: Chainalysis
Chainalysis Worries Over PlusToken Scammers Driving the Bitcoin Price Down
It has been a while since an update on the PlusToken scam was provided. According to Chainalysis, this may be the reason why the Bitcoin price is dropping hard. It is evident that PlusToken has caused a lot of damage. PlusToken is on the Radar of Chainalysis Not only did […]
Bitcoin Briefly Drops Below $10,000 as Report Reveals That the OGs Aren’t Selling
After a stellar run that saw bitcoin set an 18-month record, it has now dropped below the critical $10,000 mark for the first time since June 22. The digital currency dropped to $9,930 before gaining slightly to hit $10,483 as of press time. In the past 24 hours, the top […]
Bitcoin Price Watch: Currency Adds $600 In a Week
Another crazy week is in the books for bitcoin. The granddaddy of crypto is trading for just over $8,600 at press time. This marks a gain of roughly $600 since our last price piece. Thus, bitcoin is still on the rebound and being controlled by the bulls. A Brief, but […]
Two Hacker Groups Have Stolen over $1 Billion, Accounting for over Half the Hacks: Report
Hackers have made away with billions of dollars in the past few years. And as it turns out, it may have been primarily the work of two criminal groups. A new report by Chainalysis revealed that the two groups have stolen over $1 billion in successful heists in recent years. […]
Bitcoin’s Use in Commerce Falls by a Worrying 85%
Bitcoin will replace cash and card payments in the near future. This is a statement you’ve heard often. From its ease of use to the elimination of third-party payment processors, Bitcoin could be the ultimate payment method for the future. However, according to recent research, the reality on the ground […]