đ Exciting News for BTC Enthusiasts! đ
Chainalysis has just released the first part of its 2024 crypto crime report, and there's a silver lining for Bitcoin lovers! đ On-chain illicit activity has dropped by a whopping 19.6% year-to-date, from $20.9 billion to $16.7 billion. This shows that legitimate activity is outpacing the bad actors. đ
But hold onto your hats, folks! While overall crime is down, stolen funds and ransomware are on the rise. Stolen funds have nearly doubled, and ransomware payments are breaking records. đ±
Despite these challenges, the fight against cybercrime is intensifying. More staffing and expertise are needed to keep our crypto world safe. đȘ
Stay optimistic, BTC believers! đ
