Public Key

Web3 Marketing for the Next Evolution of Brands on the Blockchain Collecting emails and phone numbers for marketing purposes seems a little outdated and CRMs like HubSpot and Salesforce are unable to take advantage of the power of on-chain data and insights, which has everyone wondering, what does web3 marketing look like? In this episode, Ian Andrews (Chief Marketing Officer, Chainalysis) looks to answer this question by sitting down with marketing tech co-founders, Antony Gardez (CPTO) and Samir Addamine  (CEO) of Absolute Labs to understand what Wallet Relationship Management (WRM) is and how it’s taking over web3 and crypto marketing. They discuss how big brands like LVMH and Samsung are looking to onboard millions of their customers into web3 and what are some of the challenges with the current marketing platforms and CRMs in a more decentralized environment, where privacy and anonymity are priorities.  Minute-by-minute episode breakdown (2:15) – What is Wallet Relationship Management (WRM) and how does it work?  (4:35) – How an internship turned into a marketing tech juggernaut in Absolute Labs (11:45) – What are the biggest gaps in web2 marketing strategies that WRM and web3 platforms solve for? (17:00) – How does a web3 Marketing Tech company attract top web2 brands like LVMH and what is motivating them to come enter web3 (26:01) – What are the capabilities of the Absolute Labs product and where does the partnership with Chainalysis take the company in the future? (34:15) – Understanding what part privacy and GDPR regulation plays in web3 marketing  (37:25) – What excites the Absolute Labs team the most about other web3 projects Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Report: The Chainalysis 2023 Crypto Crime Report Conference: Chainalysis Links Conference 2023 in New York City Website: Absolute Labs: Web3 CRM for the next Internet Podcast: Wallet Relationship Management: what it is, how it works, and why you need it Podcast: Growth hacking web3 to onboard the next 100 million people: Axie Infinity, First Light Games, PlayEmber Chainalysis Blog: How We Built Chainalysis’ Robust Knowledge Graph for Solana Transactions Twitter: Chainalysis Twitter: Building trust in blockchains TikTok: Newly launched Chainalysis Tik Tok page YouTube: Chainalysis YouTube page is completely revamped Website: Chainalysis: We are paving the way for a global economy built on blockchains. Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Antony Gardez (CPTO and Co-Founder, Absolute Labs)  Samir Addamine (CEO and Co-Founder, Absolute 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.   

Crypto in the Crosshairs: Are Digital Assets Securities or Commodities? Crypto is taking congress by storm and every authority from the SEC, NYAG and CFTC is weighing in on their regulatory oversight over Bitcoin, Ethereum and everything in between.  In this episode,  Ian Andrews (Chief Marketing Officer, Chainalysis) sat down with Michael Selig (Counsel, Asset Management at Willkie Farr & Gallagher LLP) to help demystify the ever-changing landscape of USA regulations and cryptocurrency. Mike and Ian delve into the latest developments, enforcement actions, and challenges facing the crypto industry and anticipate the impact of proposed custody rules and securities implications could have on the crypto ecosystem. They even try to hypothesize what regulations on decentralized protocols could look like.  Minute-by-minute episode breakdown (2:35) – Mike’s origin story and first interaction with Bitcoin before going to law school (5:35) – Why is the question of whether cryptocurrency is a security or not still unanswered? (12:25) – Does the NYAG have a strong case saying that Ether is a security? (20:00) – Nothing starts decentralized and what does that mean for regulatory enforcements (26:30) – What would happen if most cryptocurrencies were deemed commodities? (30:55) – How recent enforcement actions might shape the way crypto staking is offered in the USA (36:25) – How the proposed SEC revisions to the Custody Rule could impact crypto (40:05) – Where does DeFi fit into regulatory oversight in the USA Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Report: The Chainalysis 2023 Crypto Crime Report Conference: Chainalysis Links Conference 2023 in New York City Website: Willkie: Providing leading edge legal solutions Article: Coindesk: What If Regulators Wrote Rules for Crypto? Article: Coindesk: 2023: The Year of Regulation vs. Decentralization Chainalysis Blog: Here’s What On-Chain Data Tells Us About Crypto’s Reaction to the Demise of Silicon Valley Bank And USDC’s Depegging Twitter: Chainalysis Twitter: Building trust in blockchains TikTok: Newly launched Chainalysis Tik Tok page YouTube: Chainalysis YouTube page is completely revamped Website: Chainalysis: We are paving the way for a global economy built on blockchains. Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Michael Selig (Counsel, Asset Management, Willkie Farr & Gallagher 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. 

Everything You Need To Know About Smart Contract Audits Chainalysis recently reported that 2022 was the biggest year ever for crypto hacking with $3.8 billion stolen with the majority of the funds coming from DeFi protocols and it begs the question, why isn’t there better cyber security for these projects? This is the exact reason we brought in our next guest, David Schwed (Chief Operating Officer of Halborn), who sat down with Ian Andrews (Chief Marketing Officer, Chainalysis) and explained everything we need to know about smart contract audits and why projects shouldn’t solely be relying on these audits as part of their cyber security functions.  David gives us expert insights into proper key management and explains the vulnerability of bridge hacks and the need for decentralized projects to prioritize cyber security instead of making it a secondary thought, especially with escalating crypto hacks.  Minute-by-minute episode breakdown (2:05) – What is Halborn and why should security be built into projects foundationally from the beginning? (5:35) – The Origin Story of David Schwed: From Technologist to Law to CISO (8:45) – The importance of smart contract audits and prioritizing security (17:25) – What role does key management play for projects that are protecting digital assets (24:45) – Creating simulated environments to test smart contract code (29:25)) – Are the vulnerabilities of bridge hacks and cross chain exploits solvable? (33:55) – Web2 Infrastructure vulnerabilities in DeFi and what projects are doing it right? (37:25) – What are TWAP oracles and what are the vulnerabilities with projects using them Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Report: The Chainalysis 2023 Crypto Crime Report Conference: Chainalysis Links Conference 2023 in New York City Website: Halborn: Elite Blockchain Security Solutions Blog: What Are TWAP Oracles? Video: How Hackers Exploit DeFi Protocol and Make Money Chainalysis Blog: 2022 Biggest Year Ever For Crypto Hacking with $3.8 Billion Stolen, Primarily from DeFi Protocols and by North Korea-linked Attackers Twitter: Chainalysis Twitter: Building trust in blockchains TikTok: Newly launched Chainalysis Tik Tok page YouTube: Chainalysis YouTube page is completely revamped Website: Chainalysis: We are paving the way for a global economy built on blockchains. Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  David Schwed (Chief Operating Officer, Halborn) 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.     

Is Decentralized Cloud Infrastructure the Killer dApp for Web3? The transition from web2 to web3 seems like a monumental shift for many organizations and although Amazon seemed to replace Radio Shack very quickly, many companies are still struggling to build the infrastructure needed to enter the world of decentralization.  Well that is where our next guest comes in Daniel Keller, who is the co-founder of Flux, a decentralized cloud infrastructure, sat down with Ian Andrews (Chief Marketing Officer, Chainalysis) and explained how Flux may be the Amazon AWS of the blockchain.  Daniel explains the difference between centralized and decentralized cloud infrastructure and how companies are using his technology for a wide range of tasks, from setting up a word press site to facilitating crypto and NFT transactions. Daniel emphasizes the need to keep cloud infrastructure affordable and explains why Flux moved away from their privacy centric origins.  Minute-by-minute episode breakdown (2:35) – What is Flux and why is this decentralized cloud infrastructure  being called the “aws on the blockchain”  (5:25) – Decentralized vs. Centralized cloud service providers  (13:35) – What can be run on Flux’s decentralized cloud infrastructure? (17:00) – The age old question. Why create a Layer 1 (L1) blockchain? (21:45) – Daniel’s origin story of building one of the biggest GPU mining operations in USA (26:15) – How to maintain decentralization on Flux when creating cloud infrastructure  (31:55) – Tokenomics 101 and why Flux created it's own wallet  Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Report: The Chainalysis 2023 Crypto Crime Report Conference: Chainalysis Links Conference 2023 in New York City Flux Dashboard: Overview of Flux Network Dashboard and Token Supply Website: Decentralized Web 3.0 The Next Generation Computational Network Press Release: Flux Launches New Decentralized Persistent Storage Development Upgrade Article: Proof of Useful Work: The Future of AI (Artificial Intelligence)! Twitter: Chainalysis Twitter: Building trust in blockchains TikTok: Newly launched Chainalysis Tik Tok page YouTube: Chainalysis YouTube page is completely revamped Website: Chainalysis: We are paving the way for a global economy built on blockchains. Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Daniel Keller (Co-founder, Flux) This website may contain links to third-paErin West rty 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.   

How Law Enforcement is Combating Pig Butchering Crypto Scams A multi-billion dollar scam operation that incorporates industrial scale scam centers, human trafficking, fake investment websites and cryptocurrency.  Pig butchering is emerging as a serious priority for law enforcement who are seeing victims lose their life savings to scammers that may be victims themselves.  In this episode, Ian Andrews (Chief Marketing Officer, Chainalysis) is joined by cybercrime savvy public sector heroes , Erin West (Deputy District Attorney, Santa Clara County, Office of the District Attorney) and Alona Katz (Deputy Bureau Chief of the Cybercrime and Identity Theft Bureau, Manhattan District Attorney's Office), who give the victim perspective of these complex crypto related crimes.  Alona and Erin explain how victims are being taken advantage of and how public private partnerships and law enforcement coalitions are collaborating to combat this billion dollar industry. They share heartbreaking stories from victims, but also give practical tips on how law enforcement and the general public can do their part in the fight against these investment scams.  Minute-by-minute episode breakdown (2:45) – How Erin and Alona got into the public sector and their first experience with cryptocurrency on the job (5:35) – How are the victims of Pig Butchering lured in by scammers and are victims underreporting this crime? (18:00) – The REACT Task Force and how law enforcement is collaborating to counter Pig Butchering schemes (22:03) – Crypto is more recoverable than some law enforcement might think but victims have to be cautious of third party recovery services (30:15) – How to navigate international jurisdictions where legislation and governments may not be as cooperative  (33:56) – The best advice for protecting yourself against Pig Butchering crypto scammers Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Report: The Chainalysis 2023 Crypto Crime Report Conference: Chainalysis Links Conference 2023 in New York City Forbes Article: Cryptocurrency Scam Victim Who Lost Over $1 Million To Get Over $100,000 Back, Prosecutor Says Cybercrime Hotline: Manhattan DA Office - Cybercrime and Identity Theft Hotline - 212-335-9600 Unchained Podcast (Laura Shin): How This Prosecutor Is Spearheading the Fight Against Crypto ‘Pig Butchering’ Scams – Ep. 455 Twitter: Chainalysis Twitter: Building trust in blockchains TikTok: Newly launched Chainalysis Tik Tok page YouTube: Chainalysis YouTube page is completely revamped Website: Careers at Chainalysis - Join us today Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Erin West (Deputy District Attorney, Santa Clara County, Office of the District Attorney) Alona Katz (Deputy Bureau Chief of the Cybercrime and Identity Theft Bureau, Manhattan District Attorney's Office) 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 You Need To Know About Pump And Dump Schemes Imagine millions of people on a dark web chat group waiting in anticipation to pump a token 500% on a targeted exchange, while unsuspecting investors, traders and regulators have no insights as to what is about to take place.  In this episode, Ian Andrews (Chief Marketing Officer, Chainalysis) is joined by former Flashpoint founder, Evan Kohlmann, who 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.  Evan explains the nuances of these targeted attacks, who are the orchestrators and the countries being targeted.  He explains how his technology is able to gather KYC information and shed some light on the extent these schemes have on the total illicit activity in the industry. 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 Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Report: The Chainalysis 2023 Crypto Crime Report Blog: 24% of New Tokens Launched in 2022 Bear On-Chain Characteristics of Pump and Dump Schemes Conference: Chainalysis Links Conference 2023 in New York City LinkedIn Post: Cloudburst tracks almost 700,000 online actors involved in cryptocurrency price manipulation fraud and pumping and dumping Twitter: Chainalysis Twitter: Building trust in blockchains TikTok: Newly launched Chainalysis Tik Tok page YouTube: Chainalysis YouTube page is completely revamped Website: Careers at Chainalysis - Join us today 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.   

DeFi Success in the Wake of Centralized Crypto Exchange Struggles In 2022 we saw the failures of several centralized crypto exchanges and service providers, which has led to many consumers choosing to move towards self-custody wallet options and using decentralized protocols.  In this episode, Ian Andrews (Chief Marketing Officer, Chainalysis) is joined by former colleague, Salman Banaei (Head of Policy at Uniswap Labs) to discuss the sudden migration from centralized exchanges to DeFi protocols and how policy makers are approaching regulating decentralized ecosystems.  Salman takes us back to the origins of Decentralized Finance (DeFi) and the practical use cases around the world for these protocols to benefit consumers. He explains how the transparency of these decentralized protocols could be a huge advantage for those that are unbanked and underbanked.  Minute-by-minute episode breakdown (2:30) – What’s new in Decentralized Finance (DeFi) around the world  (4:35) – The origins of Bitcoin and Ethereum that led to DeFi and what role Uniswap plays in the decentralized ecosystem (11:25) – The shift from centralized crypto exchanges to decentralized finance products and self custody options (19:21) – What is the international regulator’s perception of DeFi and additional transparency not so prevalent in traditional markets (25:21) – Can DeFi solve the problem of predatory fees of traditional financial institutions  (29:15) – Responding to anti-crypto sentiment that has increased since major failures in 2022 (32:25) – New Uniswap features and outlook for 2023 Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Report: The Chainalysis 2023 Crypto Crime Report (Coming February 2023) Blog: How DeFi Can Cut Costs & Boost Transparency in Foreign Exchange Markets Conference: Chainalysis Links Conference 2023 in New York City LinkedIn Post: UK & US Governments Sanctioned Members of Russia-based Cybercrime Gang Trickbot Twitter: Chainalysis Twitter: Building trust in blockchains TikTok: Newly launched Chainalysis Tik Tok page YouTube: Chainalysis YouTube page is completely revamped Website: Careers at Chainalysis - Join us today Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Salman Banaei (Head of Policy, Uniswap 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.    

The Chainalysis 2023 Crypto Crime Report Preview (Part 2 of 2) Sanctions was a huge focus for regulatory bodies in 2022 and we saw an increase of designations of Russian based cryptocurrency exchanges and organizations propagating the war efforts against Ukraine.   In this episode, Ian Andrews (Chief Marketing Officer, Chainalysis) is joined by occasional co-host and Director of Research at Chainalysis, Kim Grauer, for the second part of a great conversation.  Kim provides insights into the sanction designations and also highlights that the crypto crime report will answer whether cryptocurrency sanctions are effective. She discusses cryptocurrency recovery efforts by law enforcement and explains how much we should be weighing proof of reserves as a sign of crypto exchange solvency.  Minute-by-minute episode breakdown (2:15) – Is web3 and cryptocurrency dead? (7:10) – What to expect in 2023 regarding cryptocurrency seizures and law enforcement recovery activity   (11:45) – The outlook on cryptocurrency sanctions after significant enforcement actions in 2022 (1742) – Should proof of reserves be the proper method to audit crypto exchanges financial solvency  (21:45) – Cybersecurity and the other big themes for 2023 (25:25) – The collapse of crypto juggernauts and the contagion felt by the entire industry Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Report: The Chainalysis 2023 Crypto Crime Report (Coming February 2023) Newsletter: 2023 Crypto Crime Report: Sanctions Preview, Key Crypto Moments From 2022, and more Conference: Chainalysis Links Conference 2023 in New York City Blog: Crypto Money Laundering: Four Exchange Deposit Addresses Received Over $1 Billion in Illicit Funds in 2022 Press Release: Treasury Targets Global Sanctions Evasion Network Supporting Russia’s Military-Industrial Complex Twitter: Chainalysis Twitter: Building trust in blockchains TikTok: Newly launched Chainalysis Tik Tok page Youtube: Chainalysis Youtube page is completely revamped Website: Careers at Chainalysis - Join us today 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.   

Tax Season: What Crypto Investors and Tax Agencies Need to Know This podcast is 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. If you want to make an active crypto trader nervous there are few things that work better than reminding them there are only 2 and half months left until the US Tax filing deadline. For most people a tax return is full of arcane and complex rules that you’re not quite sure if you got everything right, but for crypto investors the rules are being written and rewritten each year. In this episode, Ian Andrews (Chief Marketing Officer, Chainalysis) had to bring Chainalysis’ in-house expert, Roger Brown (Global Head of Tax Strategy) to understand the tax principles that apply to crypto and how recreational users and institutional investors are managing bitcoin on their balance sheets.  Roger informs us on the latest tax changes in the US and abroad and speculates on how many people are correctly reporting big crypto gains or losses.  Minute-by-minute episode breakdown (2:35) – How the ambiguity of the classification of Bitcoin, challenged traditional tax principles (4:30) –Understanding tax law and foreign currency and where cryptocurrency fits in  (9:15) – How countries around the world are taxing Bitcoin and cryptocurrency  (13:07) – Are stablecoins treated as currency based on the assets backing them?  (14:45) – Taxes may not being paid on massive crypto gains and how the IRS is reacting (18:35) – Do crypto exchanges have reporting requirements for tax purposes to their customers (23:16) - Tax strategies going from bull to bear markets and the impact on staking crypto  (27:04) - What happens when your assets are locked in Celsius, FTX or the victim of a rug pull (30:00) - The complexities of institutions and companies holding crypto  (33:37) - The future of crypto taxation and what part regulators will play   Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Article: Tax Gap Estimates for Tax Years 2014-2016 Blog: 2021 Cryptocurrency Gains by Country: Ethereum Leads as Gains Skyrocket Around the World Blog: Crypto Tax 101, 201 & 301: What Taxpayers and Tax Authorities Should Consider After Cryptocurrency’s Breakout Year Blog: Crypto Money Laundering: Four Exchange Deposit Addresses Received Over $1 Billion in Illicit Funds in 2022 Report: The Chainalysis 2023 Crypto Crime Report (Coming February 2023) Conference: Chainalysis Links Conference 2023 in New York City  Twitter: Chainalysis Twitter: Building trust in blockchains TikTok: Newly launched Chainalysis Tik Tok page Youtube: Chainalysis Youtube page is completely revamped Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Roger Brown (Global Head of Tax Strategy, 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.   

Scaling Ethereum Could be the Answer for CBDCs and Web3 Ecosystem When you are a content aggregator and you want to enable crypto payments for creators located all around the world, what do you do? Build a brand new layer-2 blockchain of course! Well probably not most of us, but that’s exactly what the team at Nahmii has undertaken.   In this episode, Ian Andrews (Chief Marketing Officer, Chainalysis) is joined by Jacobo Toll-Messia (CEO, Nahmii) to understand what makes Nahmii so useful and what’s new in the just released 3.0 version of the technology.  Interestingly some of the first customers for the Nahmii platform are central banks looking to launch CBDCs. The platform is particularly well suited to governments and financial institutions who want to implement permissioned blockchain technology. Minute-by-minute episode breakdown (2:20) – The origins of Nahmii, a content aggregate company built before the Bitcoin blockchain  (9:25) – The thought process on building a revolutionary layer-2 solution on Ethereum  (15:18) – The finality of transactions was a main driver behind the design of the Nahmii protocol (17:00) – The evolution from Nahmii 1.0 to Nahmii 2.0 led to Nahmii 3.0 in Testnet phase (20:55) – Integrating web3 solutions with financial institutions that require KYC and AML  (25 :40) – The launch of SkunkDAO and onboarding web2 companies into web3 (29:01) - A better understanding of CBDCs and why countries are looking to take part in the digital asset revolution  (33:00) - Weighing decentralization with AML and KYC requirements for crypto  Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Nahmii is a revolutionary layer-2 scaling solution for Ethereum Blog: Norges Bank CBDC Sandbox Code Now Public Blog: Russian Cybercriminals Drive Significant Ransomware and Cryptocurrency-based Money Laundering Activity Blog: U.S. Authorities Move Against High-Risk Exchange Bitzlato for Providing Money Laundering Services to Ransomware Attackers and Other Russia-based Criminals Conference: Chainalysis Links Conference 2023 in New York City Twitter: Chainalysis Twitter: Building trust in blockchains TikTok: Newly launched Chainalysis TikTok page YouTube: Chainalysis YouTube page is completely revamped Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Jacobo Toll-Messia (CEO, Nahmii) 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.