Insane World

Cryptocurrency scammers stole record $14 billion in 2021

Scammers took home $14 billion in cryptocurrency in 2021, thanks in large part to the rise of decentralized finance (DeFi) platforms, according to new data from blockchain analytics firm Chainalysis. Losses from crypto-related crime rose 79 percent from a year earlier, driven by a spike in theft and scams. Scamming was the greatest form of […]