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 […]
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 […]
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 …
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…
