Experts say Cryptocurrency Crimes will be on the Rise this Year

Several financial and blockchain experts recently spoke on a panel called “Blockchain, The New Digital Age” at Tel Aviv University’s annual Cyber Week cybersecurity conference. The experts touched on some of the obstacles that blockchain and cryptocurrency face on their way to mass adoption. Crime being a deterring factor in the spread of cryptocurrency was a central theme of the discussion. Lotem Finkelsteen, a threat intelligence analyst with the Israeli cybersecurity company Check Point Software Technologies, thinks that crypto-related crimes including hacks, and financial scams will surpass all other cyber crimes in 2018. The panel also generally agreed that the as the market matures and regulations eliminate a lot of the crime that revolves around cryptocurrencies, the public will become more comfortable with using the digital assets for everyday transactions.

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