Cryptocurrencies took a step closer to Mass Adoption in 2024 with the approval of the Bitcoin ETF and Ether ETF in the U.S. However, data on cryptocurrency inflows from specific cybercrime-related entities remains concerning, and Chainalysis previously released its Crypto Industry Security Report, which found that illegal transactions have been down overall compared to the same time period last year, but that two noteworthy illegal activity - stolen funds and ransomware - have been on the rise. Stolen funds in cryptocurrency thefts have increased year-over-year, doubling from $857 million to $1.58 billion as of the end of July. In addition, 2022 and 2023 saw a surge in cryptocurrency entities sanctioned by governments or international organizations.