Clarifying Recent Binance Communications
We have been receiving inquiries concerning the Chainalysis metrics cited in a latest Binance announcement and blog. To make clear:
- This evaluation was performed by Binance based mostly on choose Chainalysis knowledge. Chainalysis didn’t conduct the evaluation.
- The knowledge Binance used for his or her evaluation doesn’t seem to incorporate all classes of illicit exercise that Chainalysis tracks; for instance, it doesn’t embody ransomware and funds stolen in hacks.
- The Binance evaluation additionally signifies that it’s based mostly on direct publicity solely; in different phrases, if a bootleg entity sends funds to a private pockets, after which that pockets sends funds to Binance, it’s not included on this evaluation.
The submit Clarifying Recent Binance Communications appeared first on Chainalysis.
