Bitcoin Cash Captured More Than 10% of Darknet Sales Last Month

Bitcoin Cash Captured More Than 10% of Darknet Sales Last Month2019 was an interesting year for darknet markets (DNMs) and a number of marketplaces closed for a variety of reasons. Despite the closures, crypto payments on DNMs doubled for the first time in five years. Moreover, statistics from the blockchain analytics provider 1000x Group show digital currencies like bitcoin cash (BCH) have joined BTC’s dominant […]

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Darknet Users Discuss the Connection Between DDoS Attacks and Exit Scams

During the last few weeks, a number of darknet markets (DNMs) like Dread and Empire have been attacked relentlessly with heavy DDoS attacks. Meanwhile, reports disclose that Apollon is allegedly pulling an exit scam in the same fashion as Nightmare Market did last year. Darknetstats.com details that Apollon remains online and is accepting bitcoin deposits […]

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Russia’s Hydra Darknet Marketplace Plans $146M Token Sale

Russia's Darknet Marketplace Hydra Plans Token Sale for $146MAccording to regional reports, the Russian darknet market Hydra is planning an initial coin offering (ICO) in order to expand the marketplace internationally. The sale is set to start on December 16 and Hydra administrators hope to raise $146 million from the token sale. Also read: Regulatory Roundup – Bitcoin Futures Fund Approved, India’s RBI-Backed […]

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Quadrigacx Founder Dead or Alive? Request for Exhumation and Autopsy Filed

Quadrigacx Founder Dead or Alive? Request for Exhumation and Autopsy FiledIt has been a year since the founder of now-defunct crypto exchange Quadrigacx supposedly died in India. However, some 76,000 victims are still out of millions of dollars. A court-appointed lawyer representing them has now requested an exhumation and post-mortem autopsy in Canada of the dead body, highlighting the need to know if Gerald Cotten […]

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Berlusconi Admins Disappear — Darknet Users Rush to Find Alternatives

Berlusconi Admins Disappear — Darknet Users Rush to Find AlternativesThe darknet marketplace Berlusconi Market has been reportedly down for more than two weeks, according to users who patronize the hidden website. The outage has led many to believe the market administrators exit scammed with all the funds. While others speculate that government agents have infiltrated Berlusconi Market as there are no signs of the […]

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Messaging App Kik’s Legal Battle Shines Light on Past ICO Scams

Messaging App Kik's Legal Battle Shines Light on Past ICO ScamsPopular messaging app Kik is shutting down due to a Securities and Exchange Commission lawsuit regarding ICO activity for the company’s cryptocurrency, kin. Ted Livingston, Founder and CEO of Kik and Kin, denies the allegations and maintains that the SEC’s case is based on mischaracterizations, but that shutdown for Kik is necessary to focus on […]

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Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30M

Darknet Users Allege Wall Street Market Exit Scammed, Possibly Snatching $30MDuring the first week of April, news.Bitcoin.com reported on a large swarm of darknet market (DNM) users flocking from Dream to the Wall Street marketplace. However, the migration hasn’t been as successful as it may have first seemed, with some vendors alleging that Wall Street has pulled an exit scam and ran off with $30 […]

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