Key Takeaways from the 2024 Crypto Crime Mid-Year Update
We’re over halfway through the year, and ChainAnalysis has released parts one and two of their 2024 Crypto Crime Mid-Year Update . The update provides valuable insight into the cryptocurrency and cybersecurity landscape, so let’s look at the key takeaways and what they mean. There’s Been an Overall Decline in Illicit Activity Contrary to what one might expect, aggregate illicit activity on the blockchain decreased 19.6% from H1 2023 to H1 2024, falling from $20.9B to $16.7B. Although ChainAnalysis notes that illicit activity totals will likely rise over time, these statistics demonstrate that…
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