Report: Ransomware groups show preference for Monero, charge more for Bitcoin ransom
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Ransomware attackers prefer to receive their ransom payment in a popular privacy token, Monero (XMR), due to its ability to obfuscate sending and receiving wallets, according to a report by…
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The United States has seized servers, domain names, and approximately $1 million in cryptocurrency from the BlackSuit ransomware group, a notorious cybercriminal operation linked to hundreds of attacks on critical infrastructure. The Justice Department (DOJ) announced Monday that the action was the result of a coordinated international law enforcement effort…
Key Highlights Even with fewer exchanges, Monero users stay active, proving privacy demand outweighs convenience in crypto trading. About 48% of new darknet markets now run exclusively on Monero, showing its continued niche for anonymous transactions. Monero’s network behavior shows quirks that could reveal patterns, but strong encryption keeps real-world…