CoinDesk Podcast Network - BREAKDOWN: Ransomware Is the Next Big Bitcoin FUD

With a rise in ransomware attacks, many are jumping to blame bitcoin and crypto. Are they right?

This episode is sponsored by Nexo.io.

Today on the Brief:

  • China’s next digital yuan trial
  • More Bitcoin ETF delays
  • Standard Chartered to open crypto prime brokerage


Our main discussion focuses on the rise of ransomware. NLW examines:

  • The real reasons ransomware is on the rise 
  • The factors beyond crypto payments that contribute to ransomware 
  • Why some are using ransomware as justification for crypto bans
  • Why crypto bans would be painfully ineffective at stopping ransomware
  • Why the Biden Administration’s response to ransomware should give the crypto industry cause for optimism

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Nexo.io lets you borrow against your crypto at 6.9% APR, earn up to 12% on your idle assets, and exchange instantly between 100+ market pairs with the tap of a button. Get started at nexo.io.

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Image credit: mikkelwilliam/iStock/Getty Images


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