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Public Key

The Chainalysis 2024 Crypto Crime Report Review

Mar 5, 2024
Ian Andrews, Eric Jardine, and Kim Grauer from Chainalysis discuss the 2024 Crypto Crime Report revealing trends like Tornado Cash resurgence, record ransomware payouts, and stablecoin use. They delve into evolving ransomware landscape, DeFi platform security, and the impact of sanctions. The conversation also touches on market manipulation, law enforcement interventions, and challenges in tracking scams in the crypto space.
48:16

Podcast summary created with Snipd AI

Quick takeaways

  • DeFi platforms are becoming safer with decreasing on-chain vulnerabilities and smart contract exploitation.
  • Ransomware payments surged to over a billion dollars in 2023, influenced by geopolitical events and law enforcement actions.

Deep dives

Increasing Resilience of DeFi Platforms

DeFi platforms are showing signs of increased safety despite ongoing concerns. The decline in on-chain vulnerabilities and smart contract exploitation is a positive indicator. Notably, phishing attacks are experiencing a surge while on-chain risks are diminishing, reflecting improved security measures within the DeFi ecosystem.

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