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