Monero crypto of choice as ransomware ‘double extortion’ attacks increase 500% Post author:MiamiCrypto Post published:April 20, 2022 Post category:CipherTrace / cyberattacks / Monero / Privacy / ransomware / xmr A surge in ransomware in 2021 has also resulted in a surge in Monero usage as the method of payment as more criminal groups want only XMR. You Might Also Like ‘AI can be defeated with cryptography,’ says Chelsea Manning at SXSW March 15, 2023 How blockchain can open up energy markets: EU DLT expert explains June 23, 2022 Ransomware crypto payments hit at least $602M last year: Chainalysis February 11, 2022