Growth in decentralized finance (DeFi) has driven North America to the world’s second-biggest largest crypto market, new research by crypto intelligence firm Chainalysis said. North American addresses received $750 billion in crypto between July 2020 and June 2021, or 18.4% of global transactions. Central, Northern and Western Europe received $1 trillion in that time period, accounting for 25% of global volume, Chainalysis’s 2021 Geography of Cryptocurrency Report found. Monthly transaction volume in North America grew by over 1,000% between July 2020 and May 2021, from $14.4 billion to $164 billion. Chainalysis ... (full story)