Chainalysis have revealed that its blockchain analysis company have successfully received $30 million USD worth of fund from its latest funding round led by Accel, an American venture capital firm. In their shared announcement, “As our second European office following Copenhagen, London will act as our hub for European business as well as anchoring our research.”
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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