The cryptocurrency industry has had a tremendous year in 2018. mainstream adoption. Recent ReportGrayscale Investments discovered that the average household income was greater than $200,000 One-quarter (26%) of US investors surveyed owned their own property (BTC(up from 23% in 2020). MagnifyMoney, a financial services company is also preparing for the holiday season. Find itIt is believed that almost two-thirds the respondents to our survey want cryptocurrency gifts this year.

While crypto’s growth is notable, there has also been an increase in the number of scams associated with digital assets. The Chainalysis blog post highlighting the company’s “2022 Crypto Crime Report” revealed that scams were the dominant form of cryptocurrency-based crimes by transaction volume this year. This post mentions that scam victims have been able to steal more than $7.7 million worth of cryptocurrency. According to Chainalysis’ previous research, this number represents an 81% increase compared to 2020, a year in which scamming activity dropped significantly compared to 2019.