Blockchain start-ups see record Q2 despite crypto plunge

Plant growing from coins

Blockchain start-ups worldwide raised a record £3.2 billion in funding during Q2 2021, in spite of the significant decline the cryptocurrency market has been experiencing since mid-April.

This data, collected by analytics firm CB Insights in its 'State of Fintech' report, represents a 50% increase over last quarter and a ninefold increase compared to the same time last year.

The global fintech industry also reached new heights in this quarter, with £22.4 billion being...

Chainalysis investigation shows connections between four notorious ransomware strains

Chainalysis, a blockchain analysis company, has released part of a report showing potential connections between four major ransomware cybercrime groups.

The company's 2021 Crypto Crime Report, which is due to be fully released in February, analyses blockchain ledgers to identify how cybercriminals are using cryptocurrencies.

Maze, Egregor, SunCrypt, and Doppelpaymer are the primary groups identified in the report.

Use of ransomware massively increased in 2020,...