Here’s How Scammers Adapted to Crypto Winter: Chainalysis
Crypto winter forced scammers to switch their tactics.
![image cryptopotato](https://image.coinlive.com/24x24/cryptotwits-static/35e5d01929d8b47a7dcb0453bdd88ac3.png)
Crypto winter forced scammers to switch their tactics.
While many believe the crypto bear market season is the time to build, scammers have always viewed it as otherwise.
Layoffs continue in the crypto sphere despite increasing BTC prices as Bittrex and Chainalysis lays off 83 and 44 employees, respectively.
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With the Cardano testnet hard fork complete, all that remains is to fork the mainnet, which will come in about four weeks, or when developers have had enough time to prepare their tools for the upgrade.
The firm said it was starting a 'Crypto Incident Response’ hotline to "help bring bad actors to justice and demonstrate that crypto is not the asset class of anonymity and crime.”
Three experts from the private sector appeared before the Senate committee Tuesday to talk about ransomware attacks and how to combat them.
Blockchain analytics firm Chainalysis introduced a new tool to help monitor transactions and tokens across DeFi protocols and multiple blockchains.
Launched in late 2021, the Cronos network has amassed over 450,000 DeFi and NFT users, requiring proper compliance tools.