What if there is a company that can detect web3 cyber attacks and hacks before they happen? In this episode Ian Andrews (CMO, Chainalysis) speaks to Gal Sagie, who is the Co-Founder and CEO of Hypernative, whose company is doing just that. Preventing malicious cyber threats aimed against the most important protocols and blockchains in the ecosystem, Gal showcases Hypernative’s end-to-end security and risk prevention platform and shares insights into the importance of security in driving wider adoption of blockchain technology.  He discusses how Hypernative's platform has successfully detected and prevented hacks and exploits in the industry and highlights the need for a comprehensive security approach beyond traditional smart contract audits and emphasizes the role of real-time monitoring and automated actions in mitigating risks. He also explains the accuracy of detection, the ease of onboarding and the need for his company to maintain low false positive alerts and the team’s focus to expand to more chains and protocols.  Minute-by-minute episode breakdown 2 | Overview of Hypernative and its mission in Web3 security 6 | Discussion on the importance of solving the security problem for wider adoption 10 | The speed of detection: 98% of attacks being detected 2 minutes or more before the first transaction 13 | Chainlink and other ideal users of Hypernative: protocols, chains and investors 16 | The focus on accuracy to minimize false positives and maintain trust  19 | The limitations of smart contract audits and the need for additional security measures  23 | The endless information available on the blockchain for security analysis and the goal to detect all potential risks with minimal effort from customers 27 |The importance of detecting and preventing attacks before any funds are lost  31 | Hypernative's roadmap for the year ahead and plans for expansion  Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Hypernative: Institutional Grade  Web3 SecurityTwitter: Hypernative stops zero day cyber-attacks and economic risksBlog: Chainlink Labs and Hypernative Partner to Enhance Web3 SecurityBlog: Chainalysis Partners with Hypernative for Real-Time Security and Incident ResponsePress Release: ‘SEAL 911’ team of white hats formed to fight crypto hacks in real timeRegistration: Digital premiere of Links 2024 (NYC Main Stage Content - Register Now!) Blog: What You Need to Know About the Bitcoin HalvingPodcast: Bitcoin Mining and Data Centre Innovations: Podcast Ep. 76YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Gal Sagie (Co-Founder & CEO of Hypernative) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

Everything is Bigger in Texas.  Especially blockchain technology and Bitcoin mining operations.  Ian Andrews (CMO, Chainalysis) speaks to Lee Bratcher (Founder & President, Texas Blockchain Council), who is one of the pivotal figures making Texas a leader in Bitcoin, blockchain and digital asset innovation.  Lee shares how he and the TBC are shaping Texas as a front-runner in blockchain policy and they both delve into the intricacies of blockchain technology including its governance, potential for solving societal problems and implications for property rights. Lee highlights the energy economics of bitcoin mining in Texas and the pivotal shifts he has seen in digital asset regulation, with the advent of Bitcoin Spot  ETFs. This episode also breaks down the policy initiatives and legal battles the TBC has had with the U.S. Department of Energy over their emergency energy survey and data collection, as well as TBC’s recent amicus brief submission supporting Coinbase against the SEC.  Minute-by-minute episode breakdown 2 | Lee’s background and how he went from Army reserves to getting into cryptocurrency 4 | The concept of digital property rights and identification and its significance in society 6 | Texas Blockchain Council's impact on changing the narrative around blockchain in Texas and suing the Federal Government 10 | Texas becomes a mining epicenter due to China's blockage 14 | Filing an amicus brief to support Coinbase against the SEC 20 | DeFi Education Fund files preemptive lawsuit against the SEC  22 | The North American Blockchain Summit aims to bring policymakers and regulators together with industry executives  26 | Lee reflects on his interview with Balaji Srinivasan and how the share many profound perspectives 29 | Discussions on criminal activity in crypto and impact of Bitcoin spot ETFS Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: TBC: Making Texas a Leader in Bitcoin, Blockchain & Digital Asset InnovationVideo: What We Do at the Texas Blockchain Council w/Lee BratcherBlog: US energy officials agree to ‘destroy’ all data from crypto mining surveyPolicy: Texas Blockchain Council Policy InitiativesWhitepaper: Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi NakamotoBook: The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else by Hernando De SotoVideo Podcast: Crypto & AI are Redefining US Federal System | Balaji Srinivasan and Lee Bratcher on Shifting Dynamics of US PowerBlog: Bitcoin Fog Case Confirms Chainalysis Analytics is Reliable and Admissible in CourtBlog: Chainalysis Links NYC Summaries | Day 1 | Day 2 YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Lee Bratcher (Founder & President, Texas Blockchain Council) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

It’s that time of year in the USA where the trees are blossoming, the winter jackets are being packed away for the season and there is only one thing on everyone’s mind. Taxes.   But how do you report DeFi transactions, crypto staking and lending and stablecoin purchases? Well Ian Andrews (CMO, Chainalysis) brings in crypto tax generalist, Lorenz Haselberger (Partner at Shearman & Sterling LLP) to dive deep into the most complex tax implications facing the crypto industry.  Lorenz unfolds the nuances of reporting taxes within the dynamic and evolving world of cryptocurrencies and shares his journey into the crypto tax niche and unwraps the critical aspects of current tax considerations. He discusses the tax challenges with DeFi protocols and underscores the  importance of understanding the tax implications for both individual and institutional investors and the need for the US Government to provide more clarity and guidance to the crypto industry  Minute-by-minute episode breakdown 2 | Lawrence's background in taxation and involvement in the crypto industry  6 | Discussion on the complexity of reporting obligations for exotic cases like crypto and DeFi lending  14 | Everything you need to know about staking and potential tax implications 22 | The debate on whether DeFi transactions should be treated as a taxable event 25 | The national and international tax implications for crypto investors vs traders 33 | Debate on expanding information reporting requirements for crypto  36 | Does tax complexity and uncertainty deter some from participating in crypto? 39 | Differentiating stablecoins from cryptocurrencies for tax purposes 42 | The evolution of DeFi protocols and need for Government guidance for crypto tax implications Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Shearman & Sterling: Forbes names senior partner, Adam Hakki to top 200 lawyers in USAReport: New York State Bar Association Tax Section On Crypto and Fungible Digital AssetsBlog: Blockworks: US Treasury once again proposes new crypto tax rules to “modernize” codeBlog: Intellectual Property Infringement: Crypto Used in Sales for Illicit Streaming Services and Counterfeit PharmaceuticalsBlog: What FATF’s Report on Recommendation 15 Means for Regulators & Private SectorEvent: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now!YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments. Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Lorenz Haselberger (Partner, Shearman & Sterling LLP) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

"To really understand market integrity, you need to be able to monitor for market abuse and other forms of illicit finance, on and off-chain." This is a powerful statement from market manipulation, Chen Arad (Co-Founder & CXO, Solidus Labs), who speaks with  Ian Andrews (CMO, Chainalysis) about the heart of market surveillance and integrity in a wildly fluctuating digital asset market. Chen discusses the need for market surveillance to ensure fair and transparent trading and highlights the challenges of monitoring market manipulation and the significance of on-chain and off-chain data. Chen also highlights the prevalence of insider trading and wash trading in the crypto market and explores the future of the industry and the importance of building compliant and safe services. He provides insights on the crypto market's need for robust risk and compliance systems and the growing regulatory recognition of its importance, while revealing alarming statistics revealed in Solidus Labs' Market Manipulation Reports.  Minute-by-minute episode breakdown 2 | Chen Arad's background as a journalist and his path to working in crypto and launching Solidus Labs 7 | Understanding the concept of market surveillance and market integrity in crypto 12 | The approval of ETFs as a vindication for the necessity of market integrity in crypto  16 | The need for cross-market surveillance and integrity 22 | Real-time monitoring in crypto markets and importance of on-chain and off-chain data for market surveillance 28 | Insider trading and wash trading are more widespread than believed  35 | Unpacking the definition and mechanics of wash trading on decentralized liquidity pools 40 | Wash trading involving malicious smart contract scams and potential money laundering  44 | The importance of building compliantly and working with regulators  47 | Potential for cross-market surveillance and growth of on-chain market Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Solidus Labs: Safeguarding Your Crypto BusinessReports:  The Crypto Market Manipulation Report:  Pt. 1 Insider Trading | Pt. 2 Wash TradingBlog: Future of Crypto in the UAE: Insights from Solidus Labs at iFX EXPO DubaiBlog: Combining On-Chain And Off-Chain Analysis: A PrimerEvent: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now!Blog: Chainalysis In Action: Israeli Authorities Disrupt Hezbollah and Iran Quds Force Terrorism Financing Crypto Infrastructure, Seize $1.7 Million in FirstBlog: OFAC Sanctions Russia-based Blockchain Companies, Including Netex24 and Bitpapa, for Facilitating Sanctions EvasionBlog: OFAC and OFSI Sanction Social Media News Outlet Gaza Now for Hamas Fundraising in Wake of October 7 AttacksYouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Chen Arad (Co-Founder & CXO, Solidus Labs) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

In this milestone 100th episode, host Ian Andrews (CMO, Chainalysis) takes a break from his usual role and hands the reins over to Kim Grauer (Director of Research, Chainalysis) to discuss the biggest themes and topics from the last 100 episodes. They reflect on the journey of the podcast, share behind-the-scenes insights, and discuss Ian's transition from the tech industry to the world of crypto and some of the challenges the industry still faces after 2 years of producing the podcast. Kim gets Ian to share some of the most impactful episodes, including discussions on pig butchering scams, market manipulation, and the future of DeFi.  Ian offers advice for marketers and shares his excitement for upcoming developments at Chainalysis, including the recent decision in the Bitcoin Fog case. Minute-by-minute episode breakdown (2:30) – Ian's background at Pivotal and decision to join Chainalysis (9:15) – Ian's foundational technical knowledge and discovery of the global nature of crypto (12:30) – The new role of Chief Marketing Officer and the early mandate to grow the company(14:21) – Ian highlights the pig butchering and market manipulation issue in crypto (18:49) –Are the rules around accredited investors in the US protecting consumers or restricting them(22:00) – DeFi hacks, global crypto adoption and the impact of Bitcoin Spot ETFs(31:05) - Highlighting companies like Ironfish and Hypernative for their exciting innovation(34:25) - Marketing advice for companies to focus on storytelling rather than traditional marketing (38:39) - Ian shares his favorite podcasts, including "Pivot," "Invest Like The Best," and "Lex Friedman"(40:25) - Public Key’s dream podcast guestlist is revealed: Fei-Fei Li, Vitalik Buterin, and Gary Gensler(42:03) - How to start your own podcast in 2024(44:05) - What’s New For Chainalysis: The Bitcoin Fog Decision, NYC Links Conference and Huge Products being shipped in 2024 Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Chainalysis: Our annual Crypto Crime Report is back (Download It Today)Event: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now!Blog: Asset Tokenization Explained: Benefits, Risks, and How It Can WorkBlog: OFAC Sanctions Russian Nationals for Facilitating Disinformation on Behalf of the Government of Russia, Funds Frozen by TetherPodcast: Public Key - Ep. 59: Everything You Need to Know About APAC Crypto RegulationsPodcast: Public Key - Ep. 70: Balancing Privacy and Regulatory Concerns in the Crypto SpacePodcast: Public Key - Ep. 98: Best of Public Key’s Pig Butchering DiscussionsYouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Kim Grauer (Director of Research, Chainalysis) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

With Bitcoin reaching all-time highs we thought it would be best for us to revisit one of our most downloaded episodes on Public Key discussing Crypto Market Manipulation, with former Flashpoint founder, Evan Kohlmann and Ian Andrews (CMO, Chainalysis).  Evan is now the Founder and CEO of Cloudburst Technologies, a company tasked with scraping the dark web to identify potential pump and dump schemes and the associated illicit actors.  In the episode recorded in February 2023, Evan explains the nuances of these targeted market manipulation attacks, who the orchestrators are, and the countries being targeted. He explains how his team’s technology can gather KYC information and shed some light on the extent these schemes have on the total illicit activity in the industry. Evan even records an update to this episode highlighting the sudden rise of crypto prices, what are the biggest market manipulation concerns for 2024 and new data that his team is seeing that the general public should be aware of. Minute-by-minute episode breakdown (2:27) – Understanding market manipulation in the crypto world and what Cloudburst Technologies is doing about it(4:35) – How to identify the illicit actors on dark web forums attempting to manipulate the markets(12:30) – How Evan got the name “The Terrorist Search Engine” and how he helped build up leading dark web intelligence firm, Flashpoint(15:21) – How millions of people in dark web forums and Telegram are organizing themselves to pump certain tokens 50% up to 500% (20:49) – Applying Cloudburst technology to traditional commodity markets and large market cap tokens(28:00) – Are illicit actors targeting decentralized exchanges and protocols or just centralized exchanges(30:05) - How Cloudburst is able to identify KYC on illicit actors across the dark web using OSINT(33:25) - Where are illicit actors operating and the biggest market manipulation concerns for 2024 Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Cloudburst: Crypto is Risky, Invest in Intelligence Report: Bankrolling Terror: Iran's Role in Fundraising and Recruiting for Hamas Post-10/7Report: The Chainalysis 2024 Crypto Crime Report (Download Today)Event: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now!Blog: 54% of ERC-20 Tokens Listed on DEXes in 2023 Display Patterns That May Be Suggestive of Pump and Dump Schemes, but Represent just 1.3% of DEX Trading VolumeBlog: 2023 Cryptocurrency Gains by CountryYouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Evan Kohlmann (Founder and CEO, Cloudburst Technologies) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

This week we’ve got a special episode for you. Over the nearly two years since we started the podcast one of our most frequent topics has been the crypto romance / investment scam known as Pig Butchering.  In a Public Key first Ian Andrews (CMO, Chainalysis)  highlight impactful statements from past guests, including: Erin West, Alona Katz, Alastair McCready, Nicola Staub and Detective Matthew Hogan, who discuss the scam’s exponential growth has been, with Southeast Asia emerging as a hotbed for these criminal operations. The guests emphasize that these crimes are not isolated incidents but part of an organized crime network with ties to human trafficking and forced labor, generating billions in stolen funds annually. The group covers the basics of pig butchering, tactics used by international criminals, challenges in combating the crime and how collaboration and educational awareness are key solutions to preventing this complex crime. Alastair highlights the neglect by authorities in countries housing these pig butchering scam compounds, while the remaining guests explain how public private partnerships have been the key to info-sharing and collaboration of resources.  Minute-by-minute episode breakdown (2:15) - What Is Pig Butchering and how is it executed(8:20) - Detective engages with a pig butchering scammer to gather evidence(12:50) - Discussion on scammers using legitimate crypto exchanges and web wallets(16:50) - Human Trafficking victims forced to become scammers and heroic story of a victim's escape(21:21) - Southeast Asia a hotbed for pig butchering scammers (27:50) - Limited resources of law enforcement and the collaboration of public and private sector(31:25) - REACT Task force formed to combat high tech crime including SIM Swapping and Pig Butchering (36:38) - How are Bitcoin ATMs used to facilitate payment to scammers(39:25) - Erin West describes why the problem is getting worse and what we need to do to stop it Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Report: The Chainalysis 2024 Crypto Crime Report (Download Today)Event: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now!Blog: The On-chain Footprint of Southeast Asia’s ‘Pig Butchering’ Compounds: Human Trafficking, Ransoms, and Hundreds of Millions ScammedBlog: Crypto and the Opioid Crisis: What Blockchain Analysis Reveals About Global Fentanyl Sales [UPDATED 3/7/24]Podcast: Ep. 19: Pig Butchering Crypto Scam: Crypto’s Emerging Human Trafficking And Romance Scam IndustryPodcast: Ep. 45: How Law Enforcement is Combating Pig Butchering Crypto ScamsPodcast: Ep. 72: Investigating the World of Pig Butchering And Crypto ScamsPodcast: Ep.93: Stopping Pig Butchering and Crypto Scam EpidemicYouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Alastair McCready (Producer, Al Jazeera Media Network)Erin West (Deputy District Attorney, Santa Clara County)Alona Katz (Chief, Brooklyn District Attorney's Office)Detective Matthew Hogan (Detective, Connecticut State Police)Nicola Staub (CEO, Co-Founder, CYBERA) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

The highly anticipated Chainalysis 2024 Crypto Crime Report is being downloaded worldwide and Ian Andrews (CMO, Chainalysis) speaks to the driving forces behind the report, Eric Jardine (Cybercrimes Research Lead, Chainalysis) and Kim Grauer (Director of Research, Chainalysis) to talk about what groundbreaking data they uncovered.  The trio dive into the most surprising and interesting trends discovered during their research, including the resurgence of Tornado Cash, the increase in ransomware attacks, the decline in stolen funds from crypto platforms and the use of stablecoins in illicit activities. Eric also goes in depth about the evolving landscape of Darknet markets and Kim highlights the prevalence of market manipulation and how more data is moving on-chain with respect to ransomware-as-a-service infrastructures.  The conversation also explores the impact of sanctions on crypto activities, the effectiveness of law enforcement interventions and the ongoing challenges in tracking and preventing scams in the cryptocurrency space. Minute-by-minute episode breakdown (1:35) - Surprising resurgence of Tornado Cash, record high ransomware payouts and hacking declining (4:20) - Ransomware reaching an all-time high of over a billion dollars(12:50) - Dynamic ecosystem of ransomware actors and the adaptability of strains(18:50) - Debate on whether DeFi platforms are getting safer or if hacking them is becoming less lucrative(24:21) - Stablecoins now account for 60% of overall transactional activity but increased usage for illicit activity and sanctions evasion(27:50) - Discussion on the effectiveness of sanctions as a tool in the crypto world and the uptick in Tornado Cash usage(32:25) - Shifts and developments in the Darknet market ecosystem(37:38) - Market manipulation and pump and dump schemes on newly minted tokens   Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Report: The Chainalysis 2024 Crypto Crime Report (Download Today)Website: Chainalysis: We are paving the way for a global economy built on blockchainsEvent: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now!Blog: 54% of ERC-20 Tokens Listed on DEXes in 2023 Display Patterns That May Be Suggestive of Pump and Dump SchemesBlog: The On-chain Footprint of Southeast Asia’s ‘Pig Butchering’ Compounds: Human Trafficking, Ransoms, and Hundreds of Millions ScammedPodcast: Ep. 44 - Everything You Need To Know About Crypto Market ManipulationYouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Eric Jardine (Cybercrimes Research Lead, Chainalysis) Kim Grauer (Director of Research, Chainalysis) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

Whether it is seizing restaurants, hotels, cars or Bitcoin, our guest, Joanna Summers, Chief Recovery Officer of Asset Reality, has done it all with over a decade of experience working in both the public and private sector on complex asset forfeitures. In this episode, Ian Andrews (CMO at Chainalysis) speaks to Joanna about developing asset forfeiture programs for countries all over the world and working with the Asset Reality team on their new platform to streamline the asset seizure process. Joanna shares her history at the US Marshal Service Asset Forfeiture Division and how cryptocurrency slowly started to play a bigger role in investigations and seizures, including major cases like Silk Road. Joanna also explains why she has recently taken on a role as an ambassador for the Association for Women in Crypto and the importance of having women's voices in the tech and crypto sector be amplified. Minute-by-minute episode breakdown (2:15) - The role of asset forfeiture and the process of seizing and selling complex assets(6:40) - Joanna's first encounter with cryptocurrency during 2013 Silk Road investigation(8:55) - Joining Asset Reality and helping countries improve their asset forfeiture programs(13:13) - The Financial Action Task Force (FATF) focus on global asset recovery(17:21) - The digital asset recovery procedures and importance of moving crypto quickly into law enforcement controlled wallets(21:40) - The emergence of pig butchering scams and how to protect consumers(26:15) - Joanna’s role as an ambassador for the Association for Women in Crypto Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: The Future of Seized Assets: Asset Reality is the seized asset management platformPublication: Amendments to the FATF Standards to Strengthen Global Asset RecoveryNews: Asset Reality Integrates with Fireblocks for Digital Asset CustodyWebsite: The association for  WOMEN IN CRYPTO learn. network. advocate.Event: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - New Training Sessions AddedBlog: U.S. and U.K. Disrupt Lockbit Ransomware Group and Indict Two Russian Nationals While OFAC Levies SanctionsYouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Joanna Summers (Chief Recovery Officer, Asset Reality)  This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

Stablecoin regulations have been slowly popping up around the world and in this episode, Ian Andrews (CMO, Chainalysis) speaks to the newly appointed Vice President and Deputy General Counsel, Global Policy at Circle, Corey Then and our very own policy expert, Caroline Malcolm to discuss stablecoin regulation, USDC’s integration into international markets and the threat of de-dollarization. Corey explains how USDC works  and its role in the digital asset ecosystem, as well as Circle's business model and how it differs from other stablecoin issuers. Corey and Caroline simplify the global regulatory landscape for stablecoins and discuss the importance of regulatory harmonization and the need for the US to enact payment stablecoin legislation, while maintaining high standards for AML/CFT requirements. They also touch on the competition between stablecoins and Central Bank Digital Currencies (CBDCs), as well as the potential for stablecoins to facilitate dollarization in economies facing high inflation or restrictive capital controls. Minute-by-minute episode breakdown (2:00) - Overview of how USDC works and Circle's business model(4:40) - Progress in the regulation and standards for stablecoins globally(6:50) - Circle's role in leading stablecoin policy and increasing regulation concerns in USA(19:50) - The emergence of BRICS and how does that impact global stablecoin ecosystem and industry players (25:21) - Grassroots adoption of cryptocurrency and stablecoins in markets with high inflation and capital controls(30:50) - Importance of following AML and CFT regulations for stablecoin issuers   Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Circle: We’re building a new internet financial systemBlog: Transparency Report:USDC is always redeemable 1:1 for US dollars, and EURC is always redeemable 1:1 for euros.Video Series: The Money Movement (A conversation with Jeremy Allaire and Sheila Warren) Report: The State of the USDC Economy ReportReport: The Chainalysis 2024 Crypto Crime Report (Coming soon!)Event: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now!Blog: 54% of ERC-20 Tokens Listed on DEXes in 2023 Display Patterns That May Be Suggestive of Pump and Dump SchemesPodcast: Ep. 44 - Everything You Need To Know About Crypto Market ManipulationYouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Corey Then (Vice President and Deputy General Counsel, Global Policy, Circle)Caroline Malcolm (Vice President, Global Public Policy, Chainalysis)  This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

“We invest in two people and an idea” is not a statement we heard much during the downturn in the crypto market, but in this episode,  Ian Andrews (CMO, Chainalysis)  speaks with Alon Goren (Founding Partner, Draper Goren Blockchain) explains why him, Tim Draper and their partners are bullish on web3 projects even without product market fit and sometimes even without a product. Alon talks about the launch of their new venture studio and the exciting opportunities in the current blockchain and crypto market, especially their passion for early-stage investing and the importance of finding founders who are truly passionate and dedicated to their ideas. He also highlights two companies in their portfolio, LunarCrush and Ownera, that are making waves in the industry from social media analysis on markets and bringing interoperability to the emerging real world asset tokenization market. They  also discuss the potential of blockchain technology to revolutionize various traditional industries, the accredited investor rules in the USA and how it creates a more decentralized and inclusive financial system. Minute-by-minute episode breakdown (2:15) - Reasons for launching a blockchain venture studio during current market conditions(4:40) - Focus on early-stage companies and finding truly passionate founders(12:30) - Adding value as an investor and passion about decentralization(20:16) - Challenging the accredited investor rule and its place in the modern era(25:13) - Involvement in Lunar Crush and their unique approach to analyzing social sentiment in crypto(32:21) - Discussions about Ownera and its role in interoperability in tokenization  Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. DGB Website: Draper Goren Blockchain: Your partners for the decentralized future.LunarCrush Website: Social media impacts markets: Gain an edge with access to real-time social and market data.Ownera Website Interoperability, Distribution & Liquidity for the Global Tokenization MarketDGB Portfolio Companies: Including Companies: Aivre, Hypermarket, Poser, Xoop and many morePress Release: Draper Goren Blockchain Launches New Venture Studio & General Partnership to Accelerate and Incubate Web3 StartupsEvent: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - New Training Sessions AddedBlog: Ransomware Payments Exceed $1 Billion in 2023, Hitting Record High After 2022 DeclineYouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Alon Goren (Founding Partner, Draper Goren Blockchain) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

Investment schemes, pig butchering and romance scams are plaguing the crypto industry and in this episode Ian Andrews (CMO, Chainalysis) finds out from Nicola Staub (CEO and Co-Founder, CYBERA) how the crypto industry can fight back. Nicola discusses CYBERA's mission to combat crypto scams and fraud by providing a platform for victims to report incidents and for financial institutions, crypto exchanges and law enforcement to share information and data.  Nicola emphasizes the importance of speed in preventing and recovering assets lost to scams and highlights the role of financial institutions and messaging and dating app service providers in the fight against fraud.  He warns the industry about the growing use of AI by scammers and the need for a collaborative approach to combat the use of deepfakes in crypto scams. Minute-by-minute episode breakdown (2:15) - Nicola's background as a prosecutor and passion for fighting scams led to CYBERA(6:40) - Lack of resources and technology in law enforcement(8:25) - The scale of CYBERA’s impact and partnerships(12:27) - Shift in fraud methods, from wire transfers to business email compromise and investment scams(17:50) - CYBERA’s approach to information sharing and prevention (22:21) - Differentiating CYBERA from crypto recovery companies(31:50) - The impact of AI on scams and deepfakes Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: CYBERA:Intelligence for Impact - Premier Scam Reporting and Asset Recovery PlatformBlog: Glossary of ScamsBlog: FAQs: Learn about how CYBERA solves common, yet complex, scams.Article: CYBERA helps 9200 scam victims and recovers $4.3M stolen by scammersArticle: AI Deep Fakes and Crypto ScamsEvent: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now!YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governmentsTelegram: Chainalysis on Telegram Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Nicola Staub (CEO and Co-Founder, CYBERA) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

When Ian Andrews (CMO, Chainalysis)  was recording this episode with Raz Niv (Co-founder and CTO, Blockaid) back in December of 2023, the web3 industry was on full alert due to a Ledger supply chain attack. Blockaid was first to break the news and this episode talks about the attack as it unraveled and how they are working to keep web3 secure. In this episode, Raz expresses Blockaid’s mission to provide security tools for web3 builders and protect users from malicious d’apps, wallet drainers, address poisoning  and suspicious transactions and connections, particularly in the realm of scams, phishing, and hacks. Raz discusses the company's partnerships with major players in the ecosystem, such as MetaMask and OpenSea, and how their technology is providing real-time indications of potential risks and malicious activity in web3.  Minute-by-minute episode breakdown (2:15) - Introduction to Blockaid and the problem of security in Web3(4:05) - Raz's background in Israeli Cyber intelligence units and interest in Web3(6:40) - 1 in 10 dApps are malicious, data collection and trends(10:25) - Blockaid's backend architecture and data sources(12:27) - Ledger supply chain attack and explanation of how similar attacks work(15:50) - Highest fund loss per capita in Web3 than any other industry (19:45) - Blockaid's role in MPC wallet architecture(23:02) - Privacy considerations and data collection by Blockaid(26:35) - Address poisoning attack and its dangers(28:44) - Blockaid's plans to improve detection and expand integrations Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Blockaid: Web3, secured -Enable builders to protect users from fraud, phishing and hacks.Blog: Malicious dApp 101: Wallet Drainers Are Stealthier, More Complex than EverBlog: Blockaid + MetaMask: Securing Web3 Users While Preserving PrivacyAttack Report: Attack Report: Ledger Connect KitPress Release: Tel Aviv–based Blockaid raises $33 million to help root out nefarious crypto walletsEvent: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now!Blog: The Data Accuracy Flywheel: How Chainalysis Consistently Identifies and Verifies Blockchain EntitiesYouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Raz Niv (Co-founder and CTO, Blockaid) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

Hooray !! Spot Bitcoin ETFs are finally approved by the Securities Exchange Commission (SEC) in what is being called a watershed moment for crypto. Now what happens? In this episode, Ian Andrews (CMO, Chainalysis) sits down with Jeffrey Billingham (Strategic Initiatives, Chainalysis) who has been watching the Bitcoin ETF situation unfold since the Winklevoss twins first filed for a bitcoin (BTC) exchange-traded fund (ETF) in July 2013. Jeff and Ian delve into the significance of these ETFs, explaining how they simplify access to bitcoin as an asset class and eliminate the technological hurdles of owning and transacting with cryptocurrency. Jeff also explores the difference between spot and futures ETFs, the role of custodians and authorized participants, and the impact of surveillance-sharing agreements on market manipulation concerns. They cover the immediate impact of these ETFs on the trading volume of Bitcoin and hypothesize on the future of ETFs and the potential for asset tokenization. Minute-by-minute episode breakdown (2:13) - Overview of the launch of Bitcoin ETFs and significant trade volume(4:43) - Explanation of what an ETF is and its significance of it being a Spot Bitcoin ETF(9:20) - Understanding ETF stakeholders like authorized participants, sponsors and custodians (11:40) - Impact of cash model for ETF transactions and hope for future in-kind transactions(15:24) - Regulatory concerns about market manipulation and fraud(18:23) - Surveillance-sharing agreements and increased transparency to secure SEC approvals(20:51) - Maturation of crypto as an asset class and its implications on original Bitcoin ethos(24:05) - Potential influence of ETFs on real-world asset tokenization (26:18) - Expectations for the future of ETFs Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website:  Chainalysis: Paving the way for a global economy built on blockchainsArticle: CNBC: Bitcoin ETFs have a key difference from their stock fund counterpartsArticle: Blockworks: How ‘surveillance-sharing’ is designed to deter bitcoin ETF manipulationBlog: CSAM and Cryptocurrency: On-chain Analysis Suggests CSAM Vendors May Benefit from Privacy Coins like Monero and Other Obfuscation MeasuresAnnouncement: SEC's official X/Twitter account compromisedConference: Chainalysis Links NYC 2024 Conference (Early Bird Pricing Expires Soon)Blog - 2024 Crypto Crime Trends: Illicit Activity Down as Scamming and Stolen Funds Fall, But Ransomware and Darknet Markets See GrowthYouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchainTelegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Jeffrey Billingham (Strategic Initiatives, Chainalysis) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

Has Dubai’s crypto regulatory licensing process become the most stringent in the world? In this episode,  Ian Andrews (CMO, Chainalysis) gets the answer from crypto media personality and thought leader, Henri Arslanian (Co-Founder and Managing Partner, Nine Blocks Capital Management) Henri discusses the recent news of Nine Blocks Capital becoming the first licensed crypto hedge fund in Dubai and stresses the stringent regulatory framework put in place by the Virtual Asset Regulatory Authority (VARA).  He also shares his insights on the challenges and opportunities faced by crypto asset managers during market downturns and the growing role of stablecoins and DeFi in the industry. Ian concludes the conversation with grading Henri’s Top 10 crypto predictions for 2023 and his thoughts on the metaverse, crypto gaming and the need to utilize some of TradFi’s best practices. Minute-by-minute episode breakdown (2:10) - Discussion of NineBlocks Capital's licensing by VARA (Virtual Asset Regulatory Authority) in Dubai (3:58) - Dubai's transformation into a crypto hub and the strict regulatory oversight(8:40) - NineBlocks' success in attracting investments and achieving growth in crypto industry during a downturn in the market(14:25) - Managing risk and counterparty exposure in trading strategy and broader crypto ecosystem(21:27) - Future debate on privacy and transparency in crypto transactions(25:50) - Concentration and counterparty risk in the crypto ecosystem(29:45) - Hong Kong's resurgence and its position in Asia's crypto scene(32:02) - Recap of Henri’s 2023 top 10 crypto predictions (33:35) - Predictions on TradFi best practices, CBDCs and stablecoins as safe haven(35:44) - Predictions on Ethereum domination, regulatory tsunami and growth of DeFi(39:29) - Prediction on lack of crypto gaming surge, global metaverse strategies and self custody make a comeback and NFTs become more mainstream Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website (Henri - Personal):  Learn about Bitcoin, NFTs, DeFi & the Future of MoneyWebsite (Nine Blocks Capital): The leading institutional grade crypto asset management firmPodcast:  The Future of Money Podcast (with Henri Arslanian)Article: Special Issue: My Top 10 Crypto Predictions for 2023Newsletter: The Chainalysis 2023 Crypto Crime Report (Available Now)Book: The Book of Crypto: The Complete Guide to Understanding Bitcoin, Cryptocurrencies and Digital Assets (Available Now) Event: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now!LinkedIn Post: Compromise of the SEC's official X/Twitter accountBlog: Executive Corner: Welcoming Omesh Agam as CISOYouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram     Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Henri Arslanian (Co-Founder and Managing Partner, Nine Blocks Capital Management) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

Fan Tokens and SportsFi might be very new terms to some in the crypto industry, but probably not to the biggest soccer and football fans around the world. In this episode, Ian Andrews (CMO, Chainalysis) learns everything about Fan Tokens from Alexandre Dreyfus (CEO, Socios.com + Chiliz) who are working with premier league soccer clubs, F1 racing teams, NFL and UFC partners to bring fandom to the blockchain . Alex discusses the concept of Fan Tokens and their growth in the sports industry and how they allow fans to have a voice and vote on decisions related to their favorite sports teams.  He also highlights the importance of regulation and compliance in the industry, as well as the challenges of security and user experience. He expresses optimism about the future of Fan Tokens and the potential for further innovation in the space, including challenging regulatory landscapes like in the USA. Alex touches on how Fan Tokens differ from traditional NFTs and how his team is exploring a non-custodial platform in order to give users more autonomy.  Minute-by-minute episode breakdown (2:23) - Alexandre's background in online gaming and poker and the emergence of regulation in the industry(4:43) - Explanation of how Fan Tokens work and how they provide value to fans and teams(13:20) - The goal of opening the ecosystem for developers to build on fan tokens(15:40) - Fan Tokens vs. NFTs (19:24) - The global regulatory landscape and the need for compliance and education of regulators(27:32) - The rewards and risk of launching non-custodial platforms for average users(29:13) - Security concerns in the sports token industry (33:05) - The outlook for entering the US crypto market in the future (35:02) - Excitement about new SportFi features and decentralization Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website:  Socios.com: The biggest teams. The best fan rewards. Reward Your Passion​Website: Chiliz: Building the web3 infrastructure for sports and entertainmentArticle: Chiliz 2023: A Year in Review — Expanding the Frontiers of SportFiArticle: Chiliz unveils SportFi ecosystem with 25 key partnerships: Empowering sports brands to launch innovative productsConference: Chainalysis Links NYC 2024 Conference (Early Bird Pricing Expires Soon)Blog: Targeted Approval Phishing Scams See Explosive Growth Over Last Two Years, With At Least $374 Million Suspected Stolen in 2023YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchainTelegram: Chainalysis on Telegram Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Alexandre Dreyfus (CEO, Socios.com + Chiliz) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

2023 has been a bit chaotic in the crypto industry. There are more questions than anything else, but in this episode,  Ian Andrews (CMO, Chainalysis) speaks with Chainalysis’ very own Director of Research, Kim Grauer about the major events and trends in the cryptocurrency industry in 2023. They cover topics such as the surge in asset prices, the increased focus on combating crypto crime by creative government agencies, the return of ransomware attack and the continued rise of pig butchering and investment/romance scams in the industry. Kim updates us on sophisticated phishing schemes, the crackdown on the crypto related  fentanyl trade and the ongoing threat of North Korean hackers, and other important stats from both the crypto crime and crypto adoption index reports. The pair highlight the growing usage of stablecoins in jurisdictions where local currency is unstable and provide statistics backing up the fact that NFTs are definitely not dead.  Minute-by-minute episode breakdown (2:10) - Introduction and discussion of the upcoming 2023 Chainalysis Crypto Crime Report(3:58) - Analysis of the increase in asset prices and surge in the value of Solana (SOL)(7:40) - Creative efforts by law enforcement in disrupting cybercrime and ransomware(12:35) - Overview of the Global Adoption report and its importance(15:27) - Middle-income countries saw a bounce back in adoption and India topped the index for the first time(18:50) - Stablecoins are becoming a significant part of the crypto ecosystem(20:45) - Ransomware and Pig Butchering activity is on the rise(26:02) - Fentanyl production and distribution networks mapped using cryptocurrency(28:15) - Concerns about North Korea's continued hacking and crypto thefts(30:02) - Are NFTs Dead? Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website:  Chainalysis: Trusted by the world's leading financial institutions, crypto businesses and government agenciesChainalysis Blog:  The best content from the Chainalysis Team Report: The Chainalysis 2023 Geography of Cryptocurrency Report (Download Now)Report: The Chainalysis 2023 Crypto Crime Report (Available Now)Blog: Targeted Approval Phishing Scams See Explosive Growth Over Last Two Years, With At Least $374 Million Suspected Stolen in 2023Event: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now!YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Kim Grauer (Director of Research, Chainalysis) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

You wouldn’t expect a centralized crypto exchange to be launching a self-custody digital asset product, but  Simon McLoughlin (CEO, Uphold) speaks with Ian Andrews (CMO, Chainalysis) on the podcast to talk about VAULT, a self-custody wallet that aims to make holding digital assets easy and convenient for users. Simon shares the growth and challenges Uphold faced during the 2017 bull market and emphasizes Uphold's unique trading infrastructure, which allows for seamless trading between different assets. He explains the rigorous token listing process and the partnership with Ripple to facilitate cross-border payments and their efforts to attract large banks as partners. Simon also covers the various regulatory landscapes in jurisdictions they operate in like the USA, Europe and the UK, as well as global expansion plans to Canada, Brazil, Vietnam, and Australia.  Minute-by-minute episode breakdown (2:07) - Simon's first encounter with cryptocurrency and joining Uphold during the 2017 crypto boom(6:58) - The challenging process of listing new tokens(9:23) - Uphold's unique "anything to anything" trading experience(12:17) - Partnership with Ripple for cross-border payments(16:27) - Encouraging signs with banks approaching crypto partnerships after industry shows resilience(19:50) - Different crypto regulatory approaches by the US, Europe and UK(21:45) - Introduction of Uphold VAULT for easy self-custody(25:13) - Future prospects for the industry and Uphold’s global expansion plans Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website:  Uphold: Discover Crypto BetterPress Release: Uphold launches self-custody wallet that supports XRP tokenArticles: What Is Uphold VaultReport: Uphold Transparency Report Blog: Cryptocurrencies: View all real-time price action for 250+ digital currencies, including majors, alt-coins, emerging tokens, and moreEvent: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now!LinkedIn Post: Ledger Wallet Supply Chain Attack (featuring Raz Niv, CTO of Blockaid)YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Simon McLoughlin (CEO, Uphold) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

The year is 2023 and crypto prices are rising, so why are we approaching private key management like the pirates secured gold in the 1700s? In this episode, Ian Andrews (CMO, Chainalysis) gets a crash course in crypto custody from Diogo Mónica (Co-Founder and President) of Anchorage Digital who are the industry leaders when it comes to crypto custody for institutions.  Diogo explains the need for better private key management and the security challenges faced by institutions in the crypto industry and highlights the importance of Anchorage's federal bank charter and its role in providing trusted custody services to large institutions. He also touches on the crypto regulatory landscapes in USA, Singapore and the EU and the impact on Bitcoin and Ethereum ETFs in the industry, while acknowledging the security issues in DeFi and need for better programming languages. Minute-by-minute episode breakdown (2:10) - Diogo's journey from Docker to the world of crypto and founding Anchorage (5:43) - The need for better private key management in crypto (9:20) - The counterintuitive decision to become a bank in the crypto industry(16:40) - Flight to safety and increased trust in federal banks during banking turmoil(19:15) - Importance of Ethereum's successful transition to staking (25:32) - Potential impact of Bitcoin and Ethereum ETFs on Anchorage and the industry(29:13) - Discussion on the regulatory landscape in the USA, Singapore and the EU(33:45) - Security issues in DeFi and need for better programming languages(37:52) - Partnership with Eaglebrook Advisors for crypto RIAs(41:59) - Excitement for regulatory clarity and stablecoin use cases in the crypto industry Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Company Website:  Anchorage Digital: Crypto for institutionsPersonal Website: Hi, my name is Diogo MónicaAnnouncements: Anchorage Digital and Eaglebrook Advisors Partner to Offer Crypto SMA Platform for Wealth ManagersBlog: Eight Questions: Diogo Mónica, Co-Founder and President, Anchorage DigitalArticle: Anchorage Digital launches custody and trading separately managed accounts for registered investment advisorsCoinDesk Article: What an SEC Proposal Means for RIAs in CryptoConference: Chainalysis Links NYC 2024 Conference (Register Today !!) Post: Crypto Update:The Monetary Authority of Singapore has concluded its public consultationYouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governmentsTelegram: Chainalysis on Telegram Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Diogo Mónica (Co-Founder and President, Anchorage Digital) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.

When Tommy Nicholas (CEO of Alloy) wrote a blog titled, Your Fraud Model Is Broken, you had to know he and Ian Andrews (CMO, Chainalysis) were going to have a fun and insightful conversation. In this episode, Tommy discusses how early NFTs and Bitcoin transaction speed got him interested in the space and years later his company Alloy is now servicing Fintechs, Crypto and TradFi companies managing their compliance, AML, credit, and fraud risk. He explains the broken fraud model and the need for a shift in approach to focus on the person rather than just the transaction. He emphasizes the importance of transparency and accountability by regulators in the industry and the burdensome requirements placed on the private sector. Tommy also breaks down Alloy's Annual State of Compliance Benchmark Report 2023 and how automation and even AI can support compliance teams in any industry.  Minute-by-minute episode breakdown (2:10) - Alloy's role in managing wide variety of risks for companies dealing with money(5:08) - Alloy as an operating system for risk management instead of just another risk solution (7:23) - The frustration behind the blog "Your Fraud Model is Broken"(14:33) - The burden and costs of money laundering controls on the private sector(18:27) - The inefficiency of processing suspicious activity reports(22:56) - Threat actors taking advantage of online onboarding(30:03) - How Alloy got into the crypto industry and fraudulent practices they have identified(33:13) - Involvement in the NFT community and the potential of digital collectibles Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website:  Stop fraud, stay compliant, and solve your identity risk problemReport: Alloy's Annual State of Compliance Benchmark Report 2023Article: Your fraud model is brokenBlog: Banks have a friction challengeBlog:: How an SDK can help companies catch more fraudReport: The Chainalysis 2023 Geography of Cryptocurrency Report (Available Now) Event: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now!Video: De Grandpré Chait navigates crypto tax challenges for clientsYouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Tommy Nicholas  (CEO, Alloy) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.