Cryptocurrency Analysis and News Portal
In 2022, Aussies reported a loss of AUD 221 million (USD 146 million) in cryptocurrency, an increase of 162.4% from the previous year, according to the announcement. This year, Swyftx has stopped AUD 3 million in customer funds from going to scammers. Source
Read More
TRM Labs has announced that it has acquired Bitcoinabuse.com, a popular platform for reporting crypto scams. The acquisition will enhance Chainabuse, the world’s largest destination for reporting malicious crypto activity, which TRM Labs powers. Chainabuse is a community-driven platform that allows anyone to report and check crypto scams, such as phishing, ransomware,
Read More
Blockchain intelligence platform TRM Labs recently released a report that presents several case studies highlighting the use of cryptocurrency by ISIS affiliates across Asia. The report links on-chain connections between these groups and pro-ISIS fundraising campaigns in Syria.Published on July 21, the report indicated that there was “mounting on-chain evidence”
Read More
Crypto has been utilized by terrorists and insurgent groups around the world over the past few years. In 2021, global crypto exchange Binance reportedly froze the accounts controlled by the militant wing of Hamas, which accumulated around $80,000 in a single month, CryptoX reported. Apparently, the traceability of bitcoin led
Read More
Ponzi schemes dominated the crypto crime landscape in 2022, with $7.8 billion funneled from victims, blockchain analytics firm said in a new report. Source
Read More
According to new research, fewer cybercriminals are turning to Bitcoin as their primary method of moving illicit funds, with bad actors opting to go back to fiat channels or choosing other cryptocurrencies.Digital asset compliance and risk management firm TRM Labs revealed that illicit finance volumes involving Bitcoin (BTC) had fallen
Read More
The partnership of the CFTC with the industry professional seems to be in stark contrast with the other US agencies, such as the SEC, which has presented itself very coldly towards cryptocurrencies. The Commodity Futures Trading Commission (CFTC) declared the former White House Official Carole House as the new chair and
Read More
"To protect our markets from increasingly-sophisticated cyber attacks, to ensure responsible development of digital assets in a way that protects customers, and to ensure that the implications of emerging technologies like artificial intelligence are well understood, the Commission requires advice from technology experts," Goldsmith Romero said in a statement. "These
Read More
Ransomware Gang Conti Has Re-Surfaced and Now Operates as Three Groups: TRM Labs Original Source
Read More
“TRM has differentiated itself as the premier blockchain intelligence solution to the public and private sector, with a unique breadth of asset coverage, cross-chain analytics and level of product innovation,” said Thoma Bravo Principal Christine Kang in the press release. “In the rapidly evolving regulatory landscape, TRM’s capabilities are ever
Read More