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Ethereum’s Use in Illegal Activities Rises Sharply to Stand at 0.33%, Overtaking BTC

Bankless Times LogoBankless Times1 mo ago

Ethereum’s Use in Illegal Activities Rises Sharply to Stand at 0.33%, Overtaking BTC - Bankless Times

Quick Summary:

This growth is partly due to the increased use of digital assets for illegal purposes.

Cryptocurrency usage is growing faster than ever before.

Illicit services include ransomware addresses, sanctioned entities, darknet markets, and addresses associated with scams and stolen funds.


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Article Details

Author / Journalist: Elizabeth Kerr

Category: CryptoTechnology

Topics: Risk Illegal Markets Activity Cryptocurrency Ethereum Activities Trading Associated Criminals

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-08-09, 18:29:05

News Timezone: GMT +8:00

News Source URL: banklesstimes.com

Language: English

Reading Time: 5 minutes read

Article Length: 723 words

Coverage Area: Canada

Availability: Desktop Web, Mobile Web

News ID: 123720

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About Bankless Times

Bankless Times Logo

Main Topics: CryptoTechnology

Official Website: banklesstimes.com

Update Frequency: 4 posts per day

Year Established: 2011

Headquarters: Canada

News Last Updated: 13m ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #29

Publisher Details

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