Crypto Security On The Rise: 27.78% Year-On-Year Decline In Hacks, Scams
November stood out as the month with the highest reported losses last year, totaling $363,367,327 from 45 incidents.
Source: ibtimes.com
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Ransomware and Darknet Markets Top List For Most Prominent Crypto Crimes
A new report from blockchain analysis firm Chainalysis found that crypto related crimes decreased in 2023. While notable, findings also show that ransomware…
Source: biztoc.com
Crypto crime fell overall in 2023, but experts warn of rising threats
Cryptocurrency crimes declined last year overall, but analysts warn criminals are getting better at covering their tracks and hiding illegal activities.
Source: foxbusiness.com
Child abusers are covering their tracks with better use of crypto
“Mixers” and “privacy coins” like Monero enable them to launder profits, stay online.
Source: arstechnica.com
Child Abusers Are Getting Better at Using Crypto to Cover Their Tracks
Crypto tracing firm Chainalysis found that sellers of child sexual abuse materials are successfully using “mixers” and “privacy coins” like Monero to launder their profits and evade law enforcement.
Source: wired.com