Crypto scammers feel the chill: Revenue drops 46% in 2022 — Chainalysis
Falling crypto prices caused crypto scam revenue to plummet in 2022, but two scam types managed to persist.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Falling crypto prices caused crypto scam revenue to plummet in 2022, but two scam types managed to persist.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
IREN’s bitcoin mining revenue drops 58% as firm plans full exit by year-end
IREN has been shifting its focus to the AI infrastructure business, and its AI cloud revenue rose 182% in the past quarter to $200...
Trump-linked American Bitcoin swings to $126 million profit but misses revenue estimates
Revenue fell to $63.4 million in the third quarter and missed analysts’ forecasts as bitcoin production declined and higher summer...
Why Bitcoin’s Next Soft Fork Could Feel Like a Practice Run
Bitcoin developers look set to address four flaws in Bitcoin’s consensus rules that have lingered for years. Issues like quantum r...
Terawulf and IREN Bet Big on AI as Bitcoin Mining Revenue Shrinks
Despite top-line growth, Terawulf’s operating loss widened to $88.2 million in Q3 while IREN saw bitcoin mining revenue fall 88% y...
Bitcoin whale that sold near $89,000 buys back 3,000 BTC at lower prices
The whale's strategic buyback suggests confidence in Bitcoin's current valuation, potentially influencing market sentiment and liq...
TeraWulf’s bitcoin mining revenue falls 69% as HPC leasing surges amid Anthropic buildout
TeraWulf reported $63 million in artificial intelligence-related quarterly HPC lease revenue, up 774% year over year.