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Over 99% Of Cryptocurrency On-Chain Is Legal, Bitcoin Use In Criminal Activity Falls Again
Friday, January 19, 2024 - 4:00pm | 568The majority of cryptocurrency transaction volume, roughly 99.6%, is used for legal purposes. That's according to a new crypto crime report by blockchain analytics firm Chainalysis, which found that the total value of cryptocurrency sent to illicit addresses dropped to $24.2 billion in...
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Illicit Crypto Transaction Volume Hits All-Time High In 2022: Which Crimes Are Rising?
Tuesday, February 28, 2023 - 1:26pm | 448Despite the ongoing market downturn in the cryptocurrency industry, illicit cryptocurrency transaction volume has risen for the second consecutive year, reaching an all-time high of $20.6 billion in 2022, according to a report by blockchain analytics firm Chainalysis. The estimate is a lower bound...