The latest report suggests cryptocurrency-based crime hit a new all-time high in 2021, with illicit addresses receiving $14 billion in 2021, which amount was doubled to 2020, according to Chainalysis. (Read More)

Non-fungible tokens have been witnessed a rise in malpractices as the sector turns increasingly volatile, blockchain analytics platform Chainalysis reported. (Read More)

Findings from Chainalysis shows the NFT space to be prone to wash trading, but most traders are not profiting.

“Cash is still king when it comes to illicit finance, and that is not likely to change,” says Chainalysis researcher Kim Grauer.