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Ransomware
Cyber Security

Ransomware Payments Declines 35% In 2024

Deepak
0
After ransomware gangs extorted a record-breaking US$1.25 billion in 2023, and the value stolen in the first half of 2024 rose 2.38 per cent year-on-year, cybercriminals seemed poised for another record payday. However, a sharp pullback in the latter half of 2024 radically changed the year’s outcome, instead resulting in overall ransomware payments seeing a sharp and encouraging 35 per cent decline. This is according to findings from the Chainalysis 2025 Crypto Crime report, which also noted that the US$813 million […]
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Kim-Grauer-Director-of-Research-Chainalysis
News

Crypto Crime Down 65% But Ransomware Headed For Huge Year

Deepak
0
The outlook of global crypto markets, which have been recovering well this year with the prices of digital assets like Bitcoin up over 80% as of June 30, has been infused with further positivity following the release of the latest Crypto Crime Midyear Update from Chainalysis. This research shows that cryptocurrency inflows to known illicit entities have declined by a staggering US$5.2billion (a 65% decrease) compared to the same time last year, while inflows to risky entities such as high-risk […]
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Bas Lemmens, General Manager International, Chainalysis
Cyber Security

Chainalysis to discuss blockchain risks, opportunities and compliance at GITEX Global 2022

Deepak
0
Chainalysis, the blockchain data platform, has announced its plans to participate at GITEX Global 2022 (stand Z4-L67), taking place in Dubai from Oct 10-14. Chainalysis supports the UAE and other GCC countries as they look to leverage blockchain technology to establish a safe, secure, and transparent digital ecosystem, Through a series of panel and keynote discussions as well as several ‘Lightning Talks’, Chainalysis will use the event to raise awareness and educate attendees on some of the most pressing challenges and […]
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