Bitcoin is Criminals’ ‘Favorite’, Claims Blockchain Forensic; Used in 95% of Crypto Crimes

2019-4-26 19:12

Bitcoin is the reigning champion of cryptocurrency criminals. That’s the conclusion of blockchain analysis firm Chainalysis, which discovered that bitcoin is used in 95% of crypto crimes. This finding isn’t surprising since bitcoin is by far the most popular and widely used of the 2,000 digital currencies around today.

Levin: ‘bitcoin is by far the favorite’ of criminals “Bitcoin is by far the favorite,” Jonathan Levin, co-founder of Chainalysis, told Fortune. Interestingly, Levin says bitcoin is preferred over “privacy coins” such as Monero because it’s the most valuable and most-traded. Indeed, many of the recent drug busts involving fentanyl purchases

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2018-9-13 18:07


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Cash, Not Crypto, Still King When It Comes to Funding Terrorists

One of the main arguments used by cryptocurrency critics is that digital currencies make it easier to finance terrorism. But, as they say, the truth is sometimes stranger than fiction. A defense expert recently told the US Congress that it is actually harder to finance terrorists using cryptos after citing that numerous attempts by terrorist […] Cash, Not Crypto, Still King When It Comes to Funding Terrorists was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

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Tap Coin-Like App as a Panacea to Problems of Digital Advertisement Discussed at Advertising Week

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Blockchain Being Used to Save Lives Amidst Opioid Epidemic

A growing number of start-ups and larger companies have begun to experiment with blockchain’s utility for solving public health crises — like the opioid epidemic in the United States. Cryptocurrencies have had a testy relationship with some law enforcement figures in the United States, who see popular forms like Bitcoin as a scapegoat for an ongoing opioid crisis.

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Washington State Utility Increases Power Rates for Bitcoin Mining

Due to Grant County’s lower power cost that comes from the local hydroelectric plant, many cryptocurrency mining operations have flocked to Washington state. However, their luck is bound to change as the Grant County Public Utility District (PUD) recently announced a rate hike for electricity used by cryptocurrency mining farms by as much as threefold, the International Business Times reported...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

2018-9-7 15:00