Monero Is The Choice For Hackers As Cases Of Double Extortion Spike By 500

Last updated: June 9, 2025, 10:08

Monero Is The Choice For Hackers As Cases Of Double Extortion Spike By 500

A new report by blockchain

Why Are More Cybercriminals Using Monero Cryptocurrency?

A new report by blockchain analytics firm CipherTrace highlights the growing role that privacy-focused cryptocurrencies such as Monero are playing in the rising tide of

According to the report titled “ Current Trends in Ransomware,” there was a 500% rise in “double extortion” ransomware attacks from 2025 to 2025. In this type of cyber

The reason Monero has become

Monero Becomes First Choice Of Ransom Payments: “double

Monero emerges as crypto of choice for cybercriminals

The reason Monero has become the primary asset of choice for those asking for ransoms since Monero is a privacy-focused cryptocurrency that leverages a combination of

The firm revealed there was

Monero crypto of choice as ransomware ‘double extortion’ attacks

Monero’s crypto of choice as ransomware ‘double extortion’

The firm revealed there was almost a 500% increase in “double extortion” ransomware attacks from 2025 to 2025. These are cyber attacks in which malicious actors

La firma reveló que hubo

Monero is the choice for hackers as cases of “double extortion”

La firma reveló que hubo un aumento de casi 500% en los ataques de ransomware de doble extorsión de 2025 a 2025. Se trata de ciberataques en los que los

The rise of monero comes as authorities race to crack down on cyber crime in the wake of a series of audacious attacks, notably the hack on the Colonial Pipeline, a major

With Monero

Monero es la criptomoneda elegida mientras los ataques de

With Monero's high levels of privacy and anonymity, it's no surprise that it's become a favorite among cybercriminals, and it's likely that we'll continue to see its prevalence grow in this illicit