Crypto News
Chainalysis Buys Israeli Fraud Detection Startup Alterya for $150M
Blockchain analytics company Chainalysis said Monday it had acquired fraud detection startup Alterya. The deal carried a price tag of $150 million, according to Business Insider.Chainalysis, the largest company tracing illicit crypto flows on behalf of financial institutions and governments, plans to bolster its scam-stopping capabilities with Alterya, CEO Jonathan Levin told CoinDesk.The two companies attack a thematically similar problem – bad actors on the blockchain – from different positions. Chainalysis amasses troves of intel on crypto wallets to trace where money is moving. Alterya, meanwhile, uses data on scammers to nix their transactions mid-route."Alterya has collected the most comprehensive set of information about all of the scammers' financial infrastructure that's out there," Levin said. Exchanges that plug into its...
Stablecoin Issuer Tether Relocates to Bitcoin-Friendly El Salvador
Tether, the company behind stablecoin USDT, is moving to Bitcoin-friendly El Salvador—a poor country that is now attracting tech talent.Source link
U.S. Banking Should Ease Path for Crypto, Republican Taking Reins at FDIC Suggests
The Federal Deposit Insurance Corp. will soon be under new management, and the senior Republican there, Travis Hill, has outlined some pro-crypto policy thoughts just before he'll take over – at least on a temporary basis, if not as the permanent new chairman.FDIC Vice Chairman Hill, who is expected to be among those in contention for the job once President-elect Donald Trump takes office, is calling for the U.S. banking regulator to issue new guidance for digital assets. He wants to shed the agency's current, one-by-one approach to directing banks' cryptocurrency ties."It has stifled innovation and contributed to a public perception that the FDIC is closed for business if institutions are interested in anything related to blockchain or distributed ledger...
Donald Trump Jr. Joins Prediction Market Kalshi Ahead of Dad’s Inauguration
President-elect Donald Trump's son is now an advisor on the trading platform after bettors predicted dad's political comeback last year.Source link
Semler Scientific Expands Bitcoin Holdings to Over 2,300 BTC
Semler Scientific, a developer of technology solutions for healthcare providers, has provided updates on its bitcoin (BTC) holdings and capital markets activities, highlighting its evolving treasury strategy. Semler Scientific Achieves Nearly 100% Bitcoin Yield Since Treasury Strategy Launch Following Microstrategy’s latest purchase announcement, Semler said that between Dec. 16, 2024, and Jan. 10, 2025, theSource link