Ransomware Payments in 2021 Already Dwarf Last Year’s Total, FinCEN Reports

Payments tied to ransomware attacks in 2021 are already exceeding 2020′s total, the U.S. government’s financial crimes watchdog said Friday. Exchanges and other financial institutions reported more than $590 million in payments tied to ransomware attacks, including cryptocurrency payments, to the Financial Crimes Enforcement Network (FinCEN) in the first half of 2021, outstripping a 2020 […]

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Institutional Investing Platform FalconX Recently Valued $3.75B: Insights

Institutional interest in cryptocurrency experienced exponential growth in 2021, and companies like FalconX, a cryptocurrency exchange solely focused on providing financial services to institutions have front-row seats to the action.  The company has seen its net revenue grow 30x year-over-year, directly linked to the increased demand for crypto from institutional investors. FalconX is considered one […]

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