After Exit Scam, Incognito Darknet Market Operators Now Threaten User Data Leak in Extortion Twist

Numerous accounts have recently revealed that shortly after the darknet market (DNM) Incognito apparently conducted an ‘exit scam,’ its operators have now informed their clients and merchants they are facing extortion. The team behind Incognito claims possession of crypto asset transaction logs and archived conversations from its users, warning that this information will be leaked […]

Go to Source

FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders

FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to InsidersAccording to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8 […]

Go to Source

Powered by WPeMatico

World’s Largest Monero Accepting Darknet Market Reveals Retirement Plan — White House Admins Say DNM ‘Reached Its Goal’

World's Largest Monero Accepting Darknet Market Reveals Retirement Plan — White House Admins Say DNM 'Reached Its Goal'One of the largest darknet markets (DNM), White House, announced the market is retiring as the DNM’s administrators say the team has reached its goal. After revealing the retirement plan, White House admins explained that user registration and orders have been disabled. Darknet Market White House Plans to Close Its Doors Soon, User Registration and […]

Go to Source

Powered by WPeMatico

Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only

Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments OnlyThe prominent darknet marketplace, White House Market, has dropped bitcoin payments and now accepts monero only. The darknet marketplace administrators detailed that there was an issue with a payment processor blocking Tor exit nodes, but the full transition to monero was always planned. A number of crypto proponents have reported on the darknet marketplace, White […]

The post Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Kim Dotcom Says Bitcoin Cash ‘Great for Payments,’ Expects BCH to Cross $3K in 2021

Kim Dotcom Says Bitcoin Cash 'Great for Payments,' Expects BCH to Cross $3K in 2021On December 17, the internet entrepreneur and political activist Kim Dotcom spoke about bitcoin being a “great asset for storage,” and then further stressed that bitcoin cash was “great for payments.” Dotcom said he expects bitcoin cash to jump in value by 900% next year and reach a $3k per unit handle. Megaupload creator, Kim […]

The post Kim Dotcom Says Bitcoin Cash ‘Great for Payments,’ Expects BCH to Cross $3K in 2021 appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Televend’s Complex System of Telegram Drug Bots Swell as German Police Seize 9 Telegram Drug Channels

Televend’s Complex System of Telegram Drug Bots Swell as German Police Seize 9 Telegram Drug ChannelsDuring the last few months following the departure of the infamous Empire darknet market (DNM), a great number of DNM users have been flocking to alternative vendors. More recently, a new bot service on Telegram called Televend has been attracting tens of thousands of users and the service has grown colossal since it was first […]

The post Televend’s Complex System of Telegram Drug Bots Swell as German Police Seize 9 Telegram Drug Channels appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

A System of Robot Drug Dealers on Telegram Allows People to Buy Illegal Products for Bitcoin

A System of Robot Drug Dealers on Telegram Allows People to Buy Illegal Products for BitcoinThere’s a new avenue darknet market (DNM) customers have found that allows them to purchase illegal wares 24 hours a day via a robot drug dealer hosted on Telegram. The platform dubbed ‘Televend,’ is an automated software program that peddles illicit narcotics for people paying with bitcoin and during the last few months, the complex […]

The post A System of Robot Drug Dealers on Telegram Allows People to Buy Illegal Products for Bitcoin appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Hydra’s ‘Complex Drug Delivery System’ in Russia Overshadows Western Darknet Markets

On September 14, the blockchain analysis firm Chainalysis reported on the infamous Russian darknet marketplace (DNM) known as Hydra and noted the DNM is Eastern Europe’s “sixth-largest service by volume in the region.” Moreover, the report also reveals that Hydra has created a “complex drug delivery system” inside Russia and throughout various countries in Europe […]

The post Hydra’s ‘Complex Drug Delivery System’ in Russia Overshadows Western Darknet Markets appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

After Empire’s Exit Scam, Darknet Market Patrons Scramble to Find Alternatives

Ever since the darknet market (DNM) Empire went under, DNM patrons have been scrambling to find reliable marketplaces on the deep web. On forums, individuals are discussing which markets are safe, the logistics of how to use different DNMs, and how much they lost from Empire Market’s exit scam aftermath. Years ago, after the infamous […]

The post After Empire’s Exit Scam, Darknet Market Patrons Scramble to Find Alternatives appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

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 […]

The post Darknet Users Discuss the Connection Between DDoS Attacks and Exit Scams appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico