Cryptocurrency Crime Takes a Nosedive in 2023, But Ransomware Threat Looms Large

According to the “Crypto Crime Mid-year Update” report from blockchain forensics firm Chainalysis, the first half of 2023 has witnessed a significant decline in cryptocurrency-related crimes. However, ransomware incidents are set for a massive spike due to the resurgence of “big game hunting.” The analysis of the Chainalysis blog post reveals that the volume of