Public Key Chainalysis

“They want to destroy as many of our systems and resources as they can get the access to." - Yevhenii
In this episode Ian Andrews (CMO, Chainalysis) speaks to Yevhenii Panchenko (Head of Operational Analysis, Ukraine Cyberpolice Department. Yevhenii discusses the global fight against Russian cyber actors, who target not only Ukraine but also other countries and shares the work his organization is doing to combat cyber threats, including investigating crimes related to fraud, ransomware, and illegal content.
He shares the challenges they face in stopping Russian organizations and the importance of international collaboration and volunteers in identifying fraud and scam projects.Yevhenii also announces their new project, SCAMFARI and how they use OSINT to identify crypto fraud and collect data and the impressive features of the DIIA City and the implementation of digital documents in Ukraine. 
Minute-by-minute episode breakdown
2 | Discussion on the Ukraine Cyber Police mandate and global nature of cyber threats 
5 | Describing Russian cyber attacks on Ukrainian infrastructure 
8 | A day in the life of the Ukraine Cyber Police Unit
10 | Russian hackers using cryptocurrency to receive ransoms and evade sanctions 
12 | Collaboration with US and  EU agencies and training on using Chainalysis 
15 | Discussion on the effectiveness of sanctions on crypto flows 
18 | What is Scamfari and how they use OSINT to identify crypto fraud and collect data
21 | Impressive features of the DIIA City and the implementation of digital documents 
23 | Recommendations for supporting Ukraine, including cryptocurrency investigation skills 
Related resources
Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.
Website: Cyber Police of Ukraine is a law enforcement agency within the Ministry of Internal Affairs of Ukraine dedicated to combating cyber crime.
Blog: Summary of Yevhenii Panchenko speech at Chainalysis Links Conference (NYC 2024)
Article: Ukraine's cyber police talks crypto, ransomware and documenting war crimes after Russia's invasion
Blog: SCAMFARI: This Ukrainian Startup Is Looking to Automate Crypto Crime Reporting Using Smart Contracts, AI
Registration: Digital premiere of Links 2024 (NYC Main Stage Content and more - Register Now!)
Blog: Crypto Staking Overview: How It Works, Benefits, Risks, and Future
Blog - OFAC and Department of State Sanction Nearly 300 Individuals and Entities Involved in Russia’s War Machine, One Known to Have Accepted Crypto
YouTube: Chainalysis YouTube page
Twitter: Chainalysis Twitter: Building trust in blockchain
Tik 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) 
Yevhenii Panchenko (Head of Operational Analysis, Cyberpolice Department, National Police of Ukraine)
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

"Compliance always needs to be improving.” - Noah 
In this episode Ian Andrews (CMO, Chainalysis) speaks to Noah Perlman (Chief Compliance Officer, Binance), whose exchange was very focused on trading and users in the early days and now turning the  page to building out a robust Compliance program. Noah shares his journey from being a prosecutor at the US Attorney's Office, working at Morgan Stanley, to his current role at Binance. 
He discusses the challenges and opportunities of working in compliance in the crypto industry, the importance of trust and transparency and the steps Binance is taking to improve its compliance program.
Noah also talks about the collaboration between Binance and law enforcement agencies, the regulatory landscape in different countries, and his excitement for innovation and the future of centralized exchanges vs decentralized platforms. 
Minute-by-minute episode breakdown
2 | Noah's transition from a prosecutor to Chief Compliance Officer at Binance 
6 | Experience and cultural differences between TradFi and Crypto 
9 | Importance of rebuilding trust in the crypto market and industry 
12 | Impact of the settlement with the US government on Binance and Chief Compliance Officer role 
15 | Collaboration with law enforcement and focus on rooting out bad actors 
19 | Discussion on the future of crypto and the role of centralized exchanges
21 | Debate on the US government's approach to crypto regulation 
25 | Excitement about innovating in compliance through technology and killer crypto use cases 
Related resources
Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.
Website: Binance: 188,487,264 Users Trust Us!
Blog: Binance FZE Receives a VASP Licence from Dubai’s Virtual Assets Regulatory Authority
Blog: Binance’s Proof-of-Reserves System: A Year of Upgrading User Assets Transparency
Press Release: Statement Regarding Tigran Gambaryan
Registration: Digital premiere of Links 2024 (NYC Main Stage Content and more - Register Now!)
Blog: London’s Metropolitan Police Lead Disruption of Phishing-as-a-Service Provider LabHost
YouTube: Chainalysis YouTube page
Twitter: Chainalysis Twitter: Building trust in blockchain
Tik 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) 
Noah Perlman (Chief Compliance Officer, Binance)
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.

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 Security
Twitter: Hypernative stops zero day cyber-attacks and economic risks
Blog: Chainlink Labs and Hypernative Partner to Enhance Web3 Security
Blog: Chainalysis Partners with Hypernative for Real-Time Security and Incident Response
Press Release: ‘SEAL 911’ team of white hats formed to fight crypto hacks in real time
Registration: Digital premiere of Links 2024 (NYC Main Stage Content - Register Now!)
Blog: What You Need to Know About the Bitcoin Halving
Podcast: Bitcoin Mining and Data Centre Innovations: Podcast Ep. 76
YouTube: Chainalysis YouTube page
Twitter: Chainalysis Twitter: Building trust in blockchain
Tik 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.

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 Innovation
Video: What We Do at the Texas Blockchain Council w/Lee Bratcher
Blog: US energy officials agree to ‘destroy’ all data from crypto mining survey
Policy: Texas Blockchain Council Policy Initiatives
Whitepaper: Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto
Book: The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else by Hernando De Soto
Video Podcast: Crypto & AI are Redefining US Federal System | Balaji Srinivasan and Lee Bratcher on Shifting Dynamics of US Power
Blog: Bitcoin Fog Case Confirms Chainalysis Analytics is Reliable and Admissible in Court
Blog: Chainalysis Links NYC Summaries | Day 1 | Day 2
YouTube: Chainalysis YouTube page
Twitter: Chainalysis Twitter: Building trust in blockchain
Tik 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 podc

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 USA
Report: New York State Bar Association Tax Section On Crypto and Fungible Digital Assets
Blog: Blockworks: US Treasury once again proposes new crypto tax rules to “modernize” code
Blog: Intellectual Property Infringement: Crypto Used in Sales for Illicit Streaming Services and Counterfeit Pharmaceuticals
Blog: What FATF’s Report on Recommendation 15 Means for Regulators & Private Sector
Event: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now!
YouTube: Chainalysis YouTube page
Twitter: Chainalysis Twitter: Building trust in blockchain
Tik 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

"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 crypto12 | 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 Business
Reports:  The Crypto Market Manipulation Report:  Pt. 1 Insider Trading | Pt. 2 Wash Trading
Blog: Future of Crypto in the UAE: Insights from Solidus Labs at iFX EXPO Dubai
Blog: Combining On-Chain And Off-Chain Analysis: A Primer
Event: 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 First
Blog: OFAC Sanctions Russia-based Blockchain Companies, Including Netex24 and Bitpapa, for Facilitating Sanctions Evasion
Blog: OFAC and OFSI Sanction Social Media News Outlet Gaza Now for Hamas Fundraising in Wake of October 7 Attacks
YouTube: Chainalysis YouTube page
Twitter: Chainalysis Twitter: Building trust in blockchain
Tik 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, completene