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Europol: Criminals are still using Bitcoin, but ISIS loves ZCash

Wednesday, September 19, 2018 by Piyush Suthar | Comments

Home News Tech Europol: Criminals are still using Bitcoin, but ISIS loves ZCash

Europol has found that Bitcoin is still the chosen cryptocurrency of the internet underworld. The insight comes from Europol’s latest Internet Organised Crime Threat Assessment (IOCTA) report. Among other things, the research claims cybercriminals still favor Bitcoin over other cryptocurrencies – despite its lack of anonymity features. Europol also notes Bitcoin’s share of the cryptocurrency market has dropped significantly, from over 80 percent to less than 35 percent (it’s worth pointing out Bitcoin currently accounts for 55 percent of the market, according to CoinMarketCap). “The abuse of cryptocurrencies by cybercriminals continues to play a pivotal role in the commission, perpetration…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

Authored by Piyush Suthar
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