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Bitcoin loses ground; hackers opt for other encrypted digital currencies

05
Jan
2018
Bitcoin loses ground; hackers opt for other encrypted digital currencies

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Bitcoin’s popularity is waning as alternatives such as Stellar, ZCash or monero climb the cybercriminals’ preferred list. Hackers are switching to other cryptocurrencies that law enforcement may be less familiar with, so chances of detecting crime or money laundering related transactions decrease. ZCash and monero, for example, allegedly bring better encryption and privacy features to the table.

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