• CBInsights funding crypto blockchain fell 30%
    Cryptocurrencies,  Technology

    Funding for crypto and blockchain projects fell 30% last year, report finds

    It isn’t all bad news, according to CBInsights. Projects haven’t dried up entirely, it’s just that each of them is receiving less financing on average

    The CBInsights’ Blockchain Report 2020 reveals that, despite the substantial decline in funding dollars, the number of deals backed by venture capital firms was relatively steady—falling just 2% year on year. To cut a long story short, projects haven’t dried up entirely… it’s just that each of them is receiving less financing on average.

  • bitcoin use in dark markets growing
    Bitcoin

    Criminals are using bitcoin more than ever for illegal activity

    If police shut down one darknet market, another one opens

    After a small dip in criminal activity in 2018, total dark market activity, which included mainly drug sales but also things like stolen credit cards, soared 70% in 2019 to more than $790 million, according to a report released Tuesday by cryptocurrency forensic firm Chainalysis. 

  • Calling the (un)caped crypto crusaders! (via Pixabay)
    Cryptocurrencies,  Technology

    Student crypto crime-fighting league forms

    Cryptocurrency intelligence firm CipherTrace will provide education and tracking tools to students for hands-on training solving real thefts and scams

    CipherTrace is working with the student-founded Blockchain Acceleration Foundation in California and Mexico and several universities to create the CipherTrace Defenders League.

  • FBI Director Christopher Wray testifying before the U.S. Senate discussing Bitcoin on November 7, 2019 (screenshot via C-SPAN).
    United States

    FBI director passes on calling for cryptocurrency tracking law

    Christopher Wray avoided Mitt Romney’s question about tracking Bitcoin, turning instead to the need for messaging service ‘back doors’

    FBI Director Christopher Wray declined to swing at a gentle pitch over the plate for more regulation of cryptocurrency anonymity at a recent Senate Homeland Security hearing.