Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports

Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis ReportsWhile the number of ransomware hits may not have decreased significantly, the revenue from such attacks has fallen sharply last year, according to Chainalysis. The blockchain forensics firm believes that to a large extent the trend can be attributed to more of the targeted organizations refusing to pay the perpetrators. Chainalysis Registers Significant Decline in […]

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Report Attributes Large Share of Global Crypto Crime to Russia, Moscow City

Report Attributes Large Share of Global Crypto Crime to Russia, Moscow CityThe growing popularity of cryptocurrencies has placed Russia among the leaders in adoption. But while it is yet to reach the top of the ranking, the country already has a “disproportionate share” of global activity related to some forms of crime involving cryptocurrency, according to a new study by Chainalysis. Three Quarters of Ransomware Revenue […]

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Amex, Visa, Citi, Paypal Invest in Crypto Transaction Monitoring and Forensics Platform

Amex, Visa, Citi, Paypal Invest in Crypto Transaction Monitoring and Forensics PlatformAmerican Express’ Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace, Block (formerly Square Inc.), and Paypal Ventures are among investors in the latest funding round of crypto transaction monitoring and forensics platform TRM. Amex, Visa, Citi, Paypal Invest in TRM Platform Crypto transaction monitoring and forensics platform TRM announced Tuesday investments […]

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Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency Spending

Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency SpendingA lot has changed since the coronavirus pandemic swept the globe as it has caused a wide range of negative effects on the world’s economy. On March 30, the blockchain surveillance firm Chainalysis published a report that shows how the cryptoconomy is faring from merchant acceptance to gambling, and darknet purchases as well. The researcher’s […]

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Next Step Mobile Surveillance: How You Walk, Your Heartbeat – Why Bitcoin Matters to Combat Government Privacy Invasion

Next Step Mobile Surveillance: How You Walk, Your Heartbeat – Why Bitcoin Matters to Combat Government Privacy InvasionIt may sound like something from a dystopian cyberpunk movie, but payment providers could soon be validating transactions by the way users walk, their heartbeat, veins, and more. Mastercard has recently revealed they “have been testing heartbeat, vein technology, and the way people walk to authenticate people.” The high tech proposal, designed to fight hackers […]

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The Daily: Crypto’s Latest VR World, New Blockchain Analytics Tools

The Daily: Crypto’s Latest VR World, New Blockchain Analytics ToolsAs the maxim goes, bear markets are good for building out cryptocurrency infrastructure – or “buidling” as the meme of the meme goes. Thursday’s installment of The Daily is rich in examples of the sort of development work being undertaken across the industry. From dapp trackers to virtual worlds, there’s a little bit of everything […]

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Shapeshift CEO Responds to Wall Street Journal Laundering Claims

Shapeshift CEO Responds to Wall Street Journal Laundering ClaimsReporters at the Wall Street Journal (WSJ) tied innovative ecosystem cryptocurrency exchange Shapeshift to money laundering. “How Dirty Money Disappears Into the Black Hole of Cryptocurrency,” was its published product from months of investigative journalism. The company’s CEO, Erik Voorhees, claims cooperation with the WSJ was obtained “under false pretenses.” He also charges the WSJ […]

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