Be careful out there. Cryptojacking accounted for 73% of the total value received by malware related addresses between 2017 and 2021, according to a new report from blockchain analysis firm chainalysis.
Cryptojacking accounted for 73% of the total value received by malware related addresses between 2017 and 2021, according to a new malware report from blockchain analysis firm Chainalysis.
According to Chainalysis, malware addresses send the “majority of funds on to addresses at centralized exchanges,” but note that figure is declining. As of 2021, exchanges only received 54% of funds from those addresses compared to 75% in 2020 and around 90% in 2019. Chainalysis notes that a specific amount generated by this method is hard to pin down as the funds are transferred from mempools to unknown mining addresses as opposed to “the victim’s wallet to a new wallet” in other cases.
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