Cash-to-Crypto Industry Dominated by ATMs Is a Law-Enforcement Concern: TRM LabsCrypto ATMs are increasingly being used in scams, leading to significant losses and regulatory crackdowns.
'Pig Butchering' Scams Remain Dangerous Threat in Crypto Markets, Chainalysis Report SaysCrypto scams are significantly prevalent, representing a major portion of the $2 billion crypto-crime sector in 2024.Although scams are prominent, the overall illicit crypto activity accounts for less than 1% of on-chain value.
Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin TransactionsThe Elliptic2 dataset is significantly larger than the previous dataset for detecting money laundering with bitcoin.
New AI technique detects money laundering via cryptocurrenciesBlockchain analytics and AI are being utilized to detect and prevent money laundering in cryptocurrencies.
Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin TransactionsThe Elliptic2 dataset is significantly larger than the previous dataset for detecting money laundering with bitcoin.
New AI technique detects money laundering via cryptocurrenciesBlockchain analytics and AI are being utilized to detect and prevent money laundering in cryptocurrencies.
Bitcoin Price Recovery Lacks Whale Participation, Onchain Data ShowLarge holders owning 0.1% of Bitcoin's supply are not accumulating yet.
Illicit Funds in Crypto Ecosystem Shrank 9% Last Year, Yet Criminals Still Handled Nearly $35B: TRM LabsIllicit funds in crypto ecosystem down by 9% in 2023Sales of illicit drugs on darknet markets increased to $1.6 billion from $1.3 billion in 2022.
North Korea may have attacked Indian crypto exchange WazirXIndian crypto exchange WazirX lost over $230 million in virtual assets due to a cyber attack linked to North Korea.