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95% of Cryptocurrency Crimes Linked to Bitcoin: Analyst

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NEW YORK CITY – Jonathan Levin, the co-founder, and COO of Chainalysis, on one of the episodes of Fortune’s “Balancing the Ledger” said that Bitcoin is the favorite cryptocurrency crime of criminals to carry out illicit activities. The analyst said that despite the availability of 2000 different cryptocurrencies and many privacy coins, about 95% of cryptocurrency crimes are linked to Bitcoin. It is so because Bitcoin is the top digital coin in the market and enjoys the highest value among all cryptocurrencies. Also, the transaction volume of Bitcoin is the highest in trading and spending, among all the other cryptocurrencies.

The firm, Chainalysis has been responsible for developing software to help cryptocurrency firms and law enforcements in tracing the public ledger of transactions on 10 different blockchains. Also, many dollar-backed stablecoins have been added under this. Levin said that most of the illegal activities in the US have been conducted to buy opioid drugs such as fentanyl and other drugs from pharmacies in China by paying in bitcoin cryptocurrency. Homeland Security and the DEA have managed to seize people involved in illegal activities related to cryptocurrencies.

Out of all latest blockchain & cryptocurrency news, this bitcoin mystery gained the attention of a huge number of people all across the world. Chainalysis, in its earlier attempt, could not manage to crack the mystery behind the lost access to 190$ million of customer funds through the Canadian cryptocurrency exchange, QuadrigaCX post the death of its CEO. However, in the end, it was explained by Levin that Quadriga never had those customer funds and where that money went is an intriguing subject to ponder.

From television to the internet platform, Jonathan switched his journey in digital media with Bigtime Daily. He served as a journalist for popular news channels and currently contributes his experience for Bigtime Daily by writing about the tech domain.

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Resist Temptation and Get More Productive With Website and App Blockers

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From reading the latest news to looking for your next big vacation (or being captivated by social media), the Internet has become a massive landscape of diverse content. With the digital world filled with countless distractions, resisting temptation and being able to focus has become more and more difficult. The development of website and app blockers provides a simple solution to avoid scooting down portal pathways that hinder productivity and, sometimes, lead to negative consequences. 

As a worldwide societal phenomenon, the Internet is rapidly evolving, with entire economies and personal relationships relying on the web. A website and app blocker intentionally restricts access to specific internet sites and apps through software programs. Website and app blocker software can be downloaded as add-ons or extensions for browsers, like website blocking on Chrome. Such blocking can include programs that assist in URL-based blocking, Platform-based blocking—specifically when using search engines, and Domain Name Systems blocking, which all make it difficult to access specified domains and websites on the Internet. 

Many website and app blockers allow you to enter websites and apps that you want to restrict access to for a certain time period throughout the day or a certain length of time. This can be helpful to those who need to focus on studying but keep falling into temptation’s trap, straying away from what needs to be done to engage in unnecessary Google searches or scrolling through Instagram posts. 

However, there are website and app blockers that can permanently restrict access to specified sites and apps. With potentially crucial reasons to restrict access to Internet content, blocking software could improve daily lives. Those struggling with shopping addiction or facing negative consequences at work for an inability to remain focused may find website and app blockers incredibly beneficial. 

Website and app blocking isn’t confined to personal, individual use. It has become a rising trend for many governments to utilize this software when blocking illegal content. Yet, the software can also help parents, guardians, and other family and friends block access to harmful content and inappropriate material for children. 

By restricting access to certain websites or apps, you allow yourself to build new and more productive habits, or keep yourself and your kids safe. Through establishing “forced focus” times for yourself, concentrating solely on your work or tasks at hand becomes easier. Protectivity has many proven benefits. Committing to what needs to be done can help build your self-worth, creating a feeling of accomplishment that is good for your mood. Even if the things you need to focus on and get done are smaller tasks in nature, accomplishing your daily tasks can help ward off excessive stress and anxiety, as well as depression.

NetNanny, BlockSite, and Surfblocker as some of the most effective website and app blocking software. BlockSite is a blocking software used globally by millions of people, and it provides relief from temptation by temporarily blocking websites and apps, so you can focus, be productive, and build self-control habits. 

Whether you are trying to keep yourself in check or your family safe, website and app-blocking software limits screen time while providing customization to users that help tailor usage to individual needs. 

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