Attacks on DeFi platforms, crypto exchanges and related websites It has almost become common in the past few years. This was followed by the use of “transaction concealment services” from cybercriminals. which made the highest record
When concealing transactions through crypto mixers, services are intended to confuse the origins of crypto transactions – before they end up in attackers’ wallets.
It is important to note that service to conceal the transaction Overall, one of the traditional principles of the crypto market is: anonymity. which many people who use the service to conceal transactions It is often used to try to maintain privacy or to circumvent laws in one’s home country that prohibit or impede the use of one’s own property.
but unfortunatelyreportThe latest released by blockchain data analysts at Chainalysis shows that The percentage of funds coming from cybercriminals and other bad guys has hit a record level in 2022 after rising through 2021.
The maximum volume passed from the transaction concealment service. It happened in April 2022 – with $51.8 million in digital assets, nearly double the volume recorded in April 2021.
Although crypto mixers are an important part of the blockchain ecosystem This provides anonymity for crypto users who may not want to use privacy coins, but their popularity among cybercriminals cannot be underestimated. And it creates a complex problem for regulators looking to stop cybercrime without harming legitimate users. which simply requires the privacy associated with these services.
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