The price of crypto coins went up. So did some net worths.
, the value of popular coins jumped a lot from the end of 2020 to the end of 2021, according to data from Yahoo Finance:Ethereum: ended 2020 around $737, ended 2021 around $3,700Put another way, most of the crypto criminals had at the beginning of 2021 would’ve ballooned in value by the end of the year, if they kept it around.
Ransomware operators were the fastest to get rid of them, keeping funds for an average of 65 days in 2021, compared to the 468-day all-time average. Even darknet market operators, whose previous average was a long-haul 1,252 days, were only holding onto funds for just over 250 days . Fraudsters and scammers fell somewhere in-between, keeping funds for an average of over 100 days in 2021.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shiba Inu and Dogecoin Facing Strong Price Increase as Crypto Market RecoversICYMI: ShibaInu and Dogecoin spike 6% and 3%, facing a strong price increase in the last six hours $SHIB $DOGE
Read more »
Crypto Could Derail Financial Stability, Global Financial Watchdog SaysCrypto's scale, structural vulnerabilities and increasing interconnectedness with traditional finance could threaten global financial stability, according to a new FinStbBoard report. By iamsandali
Read more »
No Crypto Loans and Fewer Trading Options – Russian Finance Ministry Clarifies Regulatory Plan – Regulation Bitcoin NewsRussian authorities are not going to allow crypto lending, the finance ministry says, clarifying its proposals for crypto market regulation.
Read more »
Crypto is Down But Not Out | HackerNoonCrypto & tech markets 'on sale' says Cathie Wood of ARK Investments. First crypto fund directors buy more during the dip
Read more »
Here's the Outlook for Bitcoin as Geopolitical Tensions Heat Up and Interest Rates RiseCrypto winter could last several more months, but that’s historically when the industry does its best work in preparation for the next bull run.
Read more »
How Balance Sheet Reduction will Potentially Impact Crypto Markets | HackerNoonThe essential thing to consider is the rate of change in the money supply, the first derivative of the money supply
Read more »