Bitcoin is becoming a less popular virtual coin among cybercriminals and other users that inhabit the dark web, with other lesser-known alternative cryptocurrencies starting to usurp it, according to a new report. Once the firm favorite of ransomware peddlers everywhere â” with demands inevitably made in Bitcoin â” the currencyâs mainstream success means that itâs now being eschewed by criminal types. As Recorded Future, a threat intelligence outfit, observes, the overall growing popularity of Bitcoin is bad news for two reasons: more users means slower transaction times and also higher fees, both of which dampen profitability.
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