News

20% Decrease in Illegal Activities in Cryptocurrency Sector

The research company Chainalysis reported in its annual report that illegal activities on the blockchain have decreased by 19.6% since the beginning of this year, falling from $20.9 billion to $16.7 billion. This indicates that legal activities are growing faster than illegal ones. However, two categories of illegal activities (stolen funds and ransomware) are rising. Stolen funds have nearly doubled, increasing from $857 million to $1.58 billion. Ransomware incidents have risen by about 2%, reaching $459.8 million. Research shows that the average amount stolen in each attack has increased by almost 80%.

Source: cryptopotato.com

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button