BLOCKCHAIN TECHNOLOGY AND CYBERSECURITY. CRYPTOCURRENCIES AND THEIR IMPACT ON CYBERCRIME

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Karshiyev Abdumalik

Abstract

Cryptocurrencies, such as Bitcoin and Ethereum, have transformed the financial landscape, offering a decentralized and transparent medium for digital transactions. However, they have also facilitated cybercriminal activities by providing anonymous and untraceable methods for financial transactions. This article explores the intersection of cryptocurrencies and cybercrime, focusing on how digital currencies have been used in illegal activities such as ransomware, money laundering, and darknet transactions. The study also reviews existing literature on the impact of cryptocurrencies on cybercrime and presents potential measures to curb their misuse while maintaining their benefits.

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How to Cite

BLOCKCHAIN TECHNOLOGY AND CYBERSECURITY. CRYPTOCURRENCIES AND THEIR IMPACT ON CYBERCRIME. (2025). International Bulletin of Medical Sciences and Clinical Research, 5(2), 61-64. https://doi.org/10.37547/

References

Houben, R., & Snyers, A. (2018). Cryptocurrencies and blockchain: Legal context and implications for financial crime, money laundering, and tax evasion. European Parliament, PE 619.024.

Böhme, R., Christin, N., Edelman, B., & Moore, T. (2020). Bitcoin and the Darknet: Implications for Cybercrime. Journal of Economic Perspectives, 34(2), 213-238.

Meiklejohn, S., Pomarole, M., Jordan, G., & Levchenko, K. (2019). A Fistful of Bitcoins: Characterizing Payments Among Men with No Names. Communications of the ACM, 56(6), 86-93.

Catalini, C., & Gans, J. S. (2021). Some Simple Economics of the Blockchain. MIT Sloan Research Paper No. 5191-16.

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