The rise of "pig butchering" scams and the increasing use of generative artificial intelligence likely lifted revenues from ...
Pig butchering scams, in which individuals are targeted and defrauded by being convinced to invest in ponzi schemes via large ...
"GenAI is amplifying scams, the leading threat to financial institutions, by enabling high-fidelity, low-cost, and highly ...
Crypto scam revenue is estimated to have hit record levels last year as cybercriminals leverage new technologies like AI and ...
A major contributor to the growth in pig butchering and employment scams is the ongoing industrialisation of the fraud ecosystem, report finds ...
Chainalysis, a blockchain analytics firm, has sounded the alarm over the spike in AI-powered crypto scams. Since 2021, AI ...
In 2024, crypto scams hit $9.9B with pig butchering surging 40% and AI fraud exploding 1,900%, Chainalysis report reveals.
AI adoption and infrastructure support from platforms like Huione Guarantee, leading to $9.9 billion in total losses despite ...
Fraudsters raked in at least $9.9 billion and possibly as much as $12.4 billion with their methods becoming more ...
A unique innovation around AI models from a start-up spun out of a hedge fund roiled Western markets and is changing how ...
Europe could see a record level of new data centres this year, according to research released on Thursday by CBRE Group, as ...
Taking into consideration an average annual increase of 24% in scam revenue between reporting periods, Chainalysis predicts ...