TRM Labs' research reveals Tron's dominance in illicit crypto transactions, accounting for 45% of scams in 2023. Ethereum and Bitcoin follow with 24% and 18%, respectively. Concerns persist over stablecoins' role, notably Tether, totaling $19.3B in illicit activity. Despite a 9% decrease in total illicit volumes, regulatory oversight remains crucial.
Huang BoNorth Korea-linked hackers stole over $600 million in crypto last year, raising concerns among U.S. national security officials. Despite a 30% decrease from the previous year, the funds continue to fuel weapons of mass destruction. The use of social engineering tactics remains prevalent, emphasizing the need for strengthened cybersecurity measures. The Ronin theft in 2022 shifted the national security conversation, prompting a whole-of-government approach to address the ongoing threat. The crypto community faces a persistent and evolving challenge with global implications.
Bernice
JinseFinanceISIS affiliates have ramped up their crypto usage with USDT on the Tron network increasingly becoming a preferred mode.
cryptopotatoBlockchain security firm TRM Labs said ISIS group have raised more than $2 million with cryptocurrencies.
BeincryptoCrypto scam continues to plague the world of digital currency assets, attracting unsuspecting investors with promises of incredible returns.
BitcoinistIn the past, Bitcoin was the primary choice for illicit activities, accounting for a staggering 97% of the total illicit crypto volume in 2016. However, this dominance has diminished significantly over the years. As per the report, Bitcoin now represents merely 19% of all illicit crypto activities in 2022, underscoring its declining prominence in such activities.
Coinlive Nansen's research team dives into the UST de-peg, using on-chain evidence to dispel the myth of a single malicious attacker on Terra.
NansenThe Winnipeg police service received money from the Criminal Property Forfeiture Fund to provide training through the Cryptocurrency Tracing Certified Examiner course.
CointelegraphElliptic has uncovered a suspicious crypto wallet holding "significant amounts of crypto assets" worth millions of dollars.
Cointelegraph