U.S. Department of Defense Evaluating National Threat from Crypto; Asks for Probing | Crypto

U.S. Department of Defense Evaluating National Threat from Crypto; Asks for Probing

* The US Department of Defense has engaged a crypto intelligence company to assess the potential security risk posed by cryptocurrency.
* The company, Inca Digital, has been charged by DARPA with creating tools to comprehend how cryptocurrency markets operate and aid in combating the unauthorized uses of digital assets that could be dangerous to national security.
* In this study, the bitcoin universe is being mapped out in considerable depth.
* Veterans-owned Inca Digital and Inca Digital Federal, a federal contractor, analyze data from crypto markets, blockchains, news, and social media to provide insight to financial institutions, technological companies, and governmental organizations.
* The announcement coincides with the government authorities increased scrutiny of the cryptocurrency industry.

U.S. Department of Defense taps intelligence firm to evaluate crypto threat to national security U.S. Department of Defense Evaluating National Threat from Crypto; Asks for Probing

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