Crypto Crash Rattles Cybercriminals, Pushing Them Beyond Ransomware

Posted on AllSides July 3rd, 2022
From The Center
Getty Images

The collapse of cryptocurrencies is rippling through the world of ransomware, security researchers say, even though bitcoin, ether and other digital tokens remain the payment of choice for cybercriminals locking up corporate computer systems.

Over the past few months, the value of cryptocurrencies has plummeted amid rising inflation, economic shocks caused by the war in Ukraine and falling global stock markets. Hundreds of billions of dollars in value has been wiped out over that period, which is starting to be known as crypto winter. On one day alone, more than $200 billion in value was wiped from...

Read full story

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right