MARA raises $23M from Coinbase Ventures and FTX to build Africa’s portal to the crypto economy

The use of cryptocurrency in sub-Saharan Africa, particularly among its young people, cannot be overstated. Data from blockchain intelligence firm Chainalysis says the region’s crypto usage grew 1,200% last year, making it the third-fastest growing cryptocurrency economy. But despite the proliferation of local and foreign crypto exchanges and the introduction of novel models by up-and-coming […]

Crypto forensics startup Chainalysis raises $170M at $8.6B valuation

Chainalysis, a startup that provides crypto investigation and compliance services, has secured $170 million in a Series F funding round led by GIC, a sovereign wealth fund of Singapore. The company, which is known for helping law enforcement nab illicit crypto activities, saw its valuation double to $8.6 billion from its round last June. The […]

Asia Leads NFT Adoption In 2022, New Report Shows

Central and Southern Asian traders make up the largest portion of NFT owners in the world, a report from blockchain data firm Chainalysis showed. As of early-2022, nearly 30% of the market was dominated by Asian traders, the firm said. Asian dominance …

Just-In: Chainalysis Partners With Bahamian Bank To Roll Out Crypto Services

Bahamian lender Capital Union Bank has engaged blockchain data platform Chainalysis to assist in rolling out crypto services. The move comes shortly after the island state adopted crypto-friendly legislation to attract investments. Chainalysis will hel…