Chainalysis released a report on crime in the cryptocurrency ecosystem. The report, which was released in January 2019, highlights the different types of illicit activities taking root in different cryptocurrencies. The report delves into how d ecoding hacks shed light on two prominent groups and their laundering strategies, how Darknet markets demonstrated resilience, and how Ethereum scams are small in scale but evolving fast. In this article we extracted the section that talks about Ethereum scams. The full report can be found here . Fewer scams, bigger revenues: a radically changing landscape for Ethereum crime In 2018, only 0.01% of ether was stolen in scams, worth $36 million, double the $17 million take for 2017. This makes scamming on the Ethereum blockchain one of the lowest-earning types of crypto crime analyzed in this report for 2018. Furthermore, the number of scams declined through 2018, although those that remained were bigger, more sophisticated, and
A community of cryptocurrency and blockchain enthusiasts in Zambia.