2022 Global Crypto Adoption Index, $30 Million of Stolen Crypto by North Korean-linked Hackers Seized, OFAC FAQs on Tornado Cash, and more
Welcome to the Chainalysis Monthly Roundup newsletter! Each month we'll capture the most notable news in crypto and at Chainalysis.
For the third consecutive year, we ranked all countries by grassroots cryptocurrency adoption. In this blog, learn what grassroots cryptocurrency adoption is, our methodology, which countries ranked in the top 20, and key takeaways from the index.
With the help of law enforcement and leading organizations in the cryptocurrency industry, more than $30 million worth of cryptocurrency stolen by North Korean-linked hackers has been seized. This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident it won’t be the last.?
What could a bridgeless and cybersecurity-focused crypto ecosystem look like? This week on Public Key: Omer Sadika, the founder and CEO of dWallet Labs and co-founder of the Odsy Network, joins host Ian Andrews to discuss why programmable and transferable wallets could be a game changer. Listen or subscribe now on Spotify, Apple, or Audible.?
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OFAC Publishes FAQs on Tornado Cash, Designates Iranian Nationals For Their Role in Cyber Attacks, and Task Force Rusich, a Russian paramilitary organization operating in Ukraine
Following OFAC’s designation of Tornado Cash last month, OFAC published FAQs related to their designation of the Ethereum mixer Tornado Cash that answer some of the industry’s questions.?
This week OFAC also announced two separate designations involving crypto. The first involved ten individuals and two entities affiliated with Iran’s Islamic Revolutionary Guard Corps (IRGC) for their roles in conducting malicious cyber acts, including ransomware activity. Our blog explores some of the ransomware activity associated with the entities designated. The second involves Task Force Rusich, a Russian paramilitary organization affiliated with Wagner Group, operating in Ukraine. We previously analyzed the solicitation of cryptocurrency donations by Rusich and other pro-Russia groups on our blog.?
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