Deep Web Confusion: Ostensible Alphabay Admin ‘Desnake’ Claims the Darknet Market Has Returned

Deep Web Confusion: Ostensible Alphabay Admin 'Desnake' Claims the Darknet Market Has ReturnedIn mid-July 2017, the largest darknet marketplace (DNM) Alphabay went dark and patrons didn’t know if the administrators were busted by law enforcement or if it was an exit scam. Not too long after the site went dark, law enforcement disclosed that an organized police task force, from various jurisdictions, infiltrated Alphabay alongside the DNM […]

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Bitcoin Use on Darknet Markets Jumps 65% in First Quarter

Bitcoin Use on Darknet Markets Jumps 65% to Over $400 Million in First QuarterBitcoin transactions on darknet markets jumped 65% in value during the first quarter, according to research by a blockchain analytics firm. The amount of bitcoin sent from darknet entities to mixers also grew rapidly as exchanges with verification requirements became less popular among darknet users. Growing Bitcoin Use on Darknet Markets Crystal Blockchain’s analytics team […]

The post Bitcoin Use on Darknet Markets Jumps 65% in First Quarter appeared first on Bitcoin News.

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