Monero Usage in Ransomware Payments Rise while Bitcoin Accepted With Premium

Monero Usage in Ransomware Payments Rise while Bitcoin Accepted With Premium

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Ransomware attackers are increasingly asking for payments in privacy coins like monero (XMR), while still mostly accepting bitcoin (BTC) payments but with a premium, per a new report.

According to the report by CipherTrace, a crypto intelligence company, demanding ransomware payments in XMR has been a trend among attackers in 2021. 

“Most of the groups and strains listed as using XMR are relatively new,”…


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