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3232Crypto ATMs: A Hotbed of Illicit Activity and Regulatory Crackdowns, Says Report
https://www.digit.info/crypto-atms-a-hotbed-of-illicit-activity-and-regulatory-crackdowns-says-report/
Fri, 30 Aug 2024 20:05:55 +0000https://www.digit.info/crypto-atms-a-hotbed-of-illicit-activity-and-regulatory-crackdowns-says-report/Read more]]>A recent TRM Labs report reveals that crypto ATMs have processed at least $160 million in illicit transactions since 2019, with 2023 alone seeing over $30 million directed to known scam addresses. The rate of illicit activity at crypto ATMs is double that of the overall crypto industry, standing at 1.2% of total volume. Global […]
]]>Crypto Theft Surge: Hackers Steal $1.38 Billion in First Half of 2024, Doubling 2023 Figures
https://www.digit.info/crypto-theft-surge-hackers-steal-1-38-billion-in-first-half-of-2024-doubling-2023-figures/
Sat, 06 Jul 2024 00:32:57 +0000https://www.digit.info/2024/07/06/crypto-theft-surge-hackers-steal-1-38-billion-in-first-half-of-2024-doubling-2023-figures/Read more]]>A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to 2023, with $1.38 billion stolen by June 24. Major hacks constitute 70% of losses, with private key compromises and smart contract exploits as top attack vectors. Crypto projects are advised to adopt comprehensive […]
A recent TRM Labs report reveals that crypto ATMs have processed at least $160 million in illicit transactions since 2019, with 2023 alone seeing over $30 million directed to known scam addresses. The rate of illicit activity at crypto ATMs is double that of the overall crypto industry, standing at 1.2% of total volume. Global […]
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A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to 2023, with $1.38 billion stolen by June 24. Major hacks constitute 70% of losses, with private key compromises and smart contract exploits as top attack vectors. Crypto projects are advised to adopt comprehensive […]
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