the blockchain research company Chainalysis warned that as cybercriminals use artificial intelligence (AI) and become more organized, so-called romance scams have surged, with global cryptocurrency fraud revenue estimated to have reached record levels last year. The company said in a report released on Thursday that, according to its preliminary estimates, cryptocurrency wallets associated with scams received $9.9 billion worth of cryptocurrency in 2024. The company predicts that as more scam wallets are discovered, cryptocurrency fraud in 2024 will grow to a record $12.4 billion. (Global Market Broadcast)
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Global Crypto Fraud Amount May Exceed 10 Billion USD in 2024
-
Wechat scan to share
Recommended for you
-
Nexus Chain & Cointime to Host Industry AMA — Unpacking DeFi’s “Missing Layer”
Nexus Chain will host a global AMA on December 27, 2025, at 20:00 (UTC+8) — “DeFi AMA｜Unpacking the Missing Layer in Layer1.” The session will explore a key question facing the industry: as PoS evolves and liquidity remains fragmented, does DeFi still lack a foundational execution layer? -
Japanese listed company ANAP Holdings increased its holdings of Bitcoin by 127.73.
according to market sources, Japanese listed company ANAP Holdings has disclosed an increase in its Bitcoin holdings by 127.73 coins. As of now, the company's total Bitcoin holdings have reached 1,346.58 coins, valued at approximately 118 million USD. -
-
EMC Labs ·
Interest rate cut expectations are priced in at 75 basis points this year; BTC rises 3.77% this week; Altseason proceeds smoothly.
The market may experience fluctuations after next week's interest rate cut, but this will not change the medium- to long-term positive outlook.
-
EMC Labs ·
How to cope with the BTC cycle under the heavy pressure of the cyclical "curse"? (October 13-19)
With the US-China trade war easing, BTC has once again fallen to the bull-bear dividing line, and the cyclical pattern is driving clear signs of a "top".
-
EMC Labs ·
Multiple positive factors have combined to temporarily stabilize BTC, but the predicament remains unresolved (October 20-26).
Risk appetite has not yet improved, and funding in the crypto market remains extremely tight.
-
EMC Labs ·
Passion is being curbed, and BTC is showing signs of a "bear market reversal".
With the resumption of interest rate cuts, BTC initiated a new round of gains, but the turmoil caused by the "reciprocal tariff war" black swan event stifled market enthusiasm, and "cyclical"
-
EMC Labs ·
BTC has fallen to its technical limit, and the bull market is hanging by a thread (November 3-9).
The answer will be given within the next 1-2 weeks.
-
EMC Labs ·
The Fed's hawkish stance triggered panic selling, pushing BTC into a technical bear market (November 10-17).
On the daily chart, the "bull-bear reversal" has been confirmed.
Daily Must-Read
-
Monetizing Personal Data: How BeFlow Turns Every Purchase into a “Digital Asset”
-
MSCI’s crypto treasury rules could spur $15B of forced selling
-
US Fed pulls guidance blocking its banks from engaging with crypto
-
Ethereum could get faster in January with gas limit rise to 80M
-
Lightning Network hits record capacity on crypto exchange adoption
-
Strategy won’t be forced to sell Bitcoin if stock drops, Bitwise CIO says
All Comments