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Crypto Hacks and Ransomware Increase, Illicit Crypto Transactions Decline: Chainalysis
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Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
A recent Chainalysis report revealed a decline in overall illicit cryptocurrency transactions in 2024, even as specific types of criminal activities within the sector surged. Released on August 15 as part of the mid-year crypto crime update, the report found that hacking and ransomware attacks were becoming increasingly prevalent.
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