BREAKDOWN: Ransomware Is the Next Big Bitcoin FUD

BREAKDOWN: Ransomware Is the Next Big Bitcoin FUD

By CoinDesk

With a rise in ransomware attacks, many are jumping to blame bitcoin and crypto. Are they right?

This episode is sponsored by Nexo.io.

Today on the Brief:

China’s next digital yuan trialMore Bitcoin ETF delaysStandard Chartered to open crypto prime brokerage


Our main discussion focuses on the rise of ransomware. NLW examines:

The real reasons ransomware is on the rise The factors beyond crypto payments that contribute to ransomware Why some are using ransomware as justification for crypto bansWhy crypto bans would be painfully ineffective at stopping ransomwareWhy the Biden Administration’s response to ransomware should give the crypto industry cause for optimism

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Nexo.io lets you borrow against your crypto at 6.9% APR, earn up to 12% on your idle assets, and exchange instantly between 100+ market pairs with the tap of a button. Get started at nexo.io.

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Image credit: mikkelwilliam/iStock/Getty Images


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