CipherTrace CEO Tackles the Rise in Crypto Thefts

CipherTrace CEO Tackles the Rise in Crypto Thefts

Assessment

Interactive Video

Business, Information Technology (IT), Architecture, Social Studies

University

Hard

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The video discusses the rapid growth of the cryptocurrency market in 2018, highlighting the increase in exchanges and the associated security challenges. It explores the global nature of crypto crime and the varied regulatory responses from different countries, with some regions like Malta and Bermuda taking a progressive approach. The video also delves into the sophisticated tactics used by criminals to exploit exchanges, such as phishing and social engineering. Finally, it emphasizes the industry's maturation and the development of solutions like anti-money laundering capabilities and risk scoring to enhance security.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are being taken to ensure the security of cryptocurrency exchanges?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can bad actions within cryptocurrency be traced?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of institutional investors in the cryptocurrency market?

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