Crypto News
Ransomware Payments Fell 35% in 2024 as More Victims Refuse to Pay: Chainalysis
The ransomware business took a hit in 2024, with payments falling 35% year-over-year, according to a new report from Chainalysis.Though the number of ransomware attacks increased in 2024, ransomware gangs made less money, pulling in $814 million compared to 2023’s record-high sum of $1.25 billion. The blockchain analytics firm attributes the decline to a variety of factors, including an uptick in law enforcement actions and sanctions, as well as a growing refusal by victims to pay their attackers.Last year, less than half of all recorded ransomware attacks resulted in victim payments. Jacqueline Burns Koven, Chainalysis’ head of cyber threat intelligence, told CoinDesk that part of the non-payment trend can be attributed to a growing distrust that complying with attackers’ demands...
Ex-Google Employee Charged With Stealing AI Trade Secrets, Faces 175 Years in Jail
The U.S. Department of Justice has accused former Google engineer Linwei Ding of leaking trade secrets to Chinese firms in an indictment.Source link
Bitcoin-Gold Ratio at 12-Week Low as U.S. Physical Gold Deliveries Soar
Gold (XAU) is reaffirming its status as a safe haven asset amid ongoing fears of a U.S.-led trade war, while bitcoin (BTC) struggles to gather upside traction. The dynamic is driving the bitcoin-gold ratio lower.The ratio between bitcoin's USD price and gold's per ounce dollar price has dropped to 34, the lowest since Nov. 14, almost testing the previous peak hit in March 2024, data from charting platform TradingView show. It's down 15.4% since hitting a peak above 40 in mid-December.Gold's year-to-date surge of nearly 10% to a per-ounce record price of $2,877 has been driven by safe-haven demand amid the escalating U.S.-China trade war, according to Reuters. The tariffs threat has dedicated metal products Comex futures prices trading...
QCP Capital: Crypto Markets Face Volatility Amid Geopolitical Uncertainty
According to an analysis by QCP Capital, crypto markets remain turbulent as traders evaluate unfolding geopolitical events and macroeconomic influences. QCP Analysts Remain Cautious About Negative Geopolitical Shocks From U.S.-China Tensions QCP Capital notes that traditional financial markets continue to experience erratic trading, with the S&P 500 laboring to sustain the crucial 6,000 mark. ThisSource link
U.S. Spot Bitcoin ETF Inflows Surge 175% Year-Over-Year
U.S.-listed spot bitcoin (BTC) exchange-traded funds (ETFs) have seen a 175% year-over-year increase in almost the first three weeks of trading. In 2025, from Jan. 13 to Feb. 5, net inflows equaled $4.4 billion, while the 2024 net inflows for the first three weeks equaled $1.6 billion.The spot bitcoin ETFs were one of the most successful ETF launches of all time, and have accumulated over $40.6 billion in total net inflows. In the same time, BlackRock iShares Trust (IBIT) has seen a total of $40.7 billion in net inflows. While the total net inflow for all 11 spot BTC ETFs is $40.6 billion, due to Grayscale GBTC witnessing outflows of $21.9 billion.To determine whether these inflows reflect a directional long...