Do you have your money in crypto? Are you ready to protect that digital money? Experts say now might be a
time to add an extra layer of security, with the Feds reporting a big uptick in crypto-crime over the past 12 months.
It's been a turbulent year for crypocurrency, with prices fluctuating wildly and crypto-crime on the rise. In 2021, thieves stole about 11 billion dollars worth of bitcoin and other online currencies - five times as much as in 2020. And criminals are increasingly targeting both large companies and infrastructure. For example, the Colonial Pipeline ransomware attack resulted in a multi-million dollar payout. "Ransomware is a huge issue and last year we saw some massive demands. We've seen, you know, an escalation of demands, and that's the extortion part of it," according to cybersecurity veteran Tony Anscombe, the chief cyber threat officer at digital security firm ESET.
And individual scams are also on the rise: an estimated 34 million Americans own...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...