The DARPA office hired crypto intelligence from Inca digital to conduct a long term project.

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"The program underway here includes mapping out the cryptocurrency universe in precise detail" stated Mark Flood.

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The deal is the latest proof that federal agencies are working up efforts to thrash rogue regimes, terrorists and other criminal actors utilising crypto to fund their operations.

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The governments still struggle to police the cryptocurrencies.

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The lack of regulatory loopholes has allowed it to grow into a financial system that shrewed criminals have found ample chances to exploit.

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Zarazinski said that " There is a lot of concern regarding crypto scams right now."

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The project is not DARPA's first venture in the blockchain technology.

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