Sources Say World’s Largest Darknet Empire Market Exit Scammed, $30 Million in Bitcoin Stolen

One of the world’s largest darknet markets (DNM), Empire Market, allegedly exit scammed after the marketplace was taken offline for a number of days this week. DNM patrons are upset about Empire Market’s departure and customers say that $30 million in bitcoin held by the darknet’s admins has been stolen. Three days ago news.Bitcoin.com reported […]

The post Sources Say World’s Largest Darknet Empire Market Exit Scammed, $30 Million in Bitcoin Stolen appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Darknet Giant Empire Market Offline for 36 Hours, Blame Cast at Massive DDoS Attack

Darknet Giant Empire Market Offline for 36 Hours, Blame Cast at Massive DDoS AttackAccording to a number of sources, one of the largest darknet markets in the world, Empire Market has been offline for well over 36 hours. The researcher and analyst Dark.fail has been tweeting about the subject, as the market hasn’t been down for this long since 2019. It seems the popular darknet market (DNM) Empire […]

The post Darknet Giant Empire Market Offline for 36 Hours, Blame Cast at Massive DDoS Attack appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

The Covid-19 Crisis Fueled Darknet Markets – A Patron’s Biggest Concern Is Mail Disruption

Ever since the coronavirus outbreak swept the globe, darknet markets (DNM) have grown exponentially and the lockdowns worldwide are prompting first-time DNM buyers. Currently, the largest DNM on the invisible web is the marketplace Empire, and the only thing impeding the rush of DNM sales these days are the general worries over the postal and […]

The post The Covid-19 Crisis Fueled Darknet Markets – A Patron’s Biggest Concern Is Mail Disruption appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency Spending

Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency SpendingA lot has changed since the coronavirus pandemic swept the globe as it has caused a wide range of negative effects on the world’s economy. On March 30, the blockchain surveillance firm Chainalysis published a report that shows how the cryptoconomy is faring from merchant acceptance to gambling, and darknet purchases as well. The researcher’s […]

The post Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency Spending appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Darknet Vendors Work Overtime as Police Halt Drug Arrests

Darknet Vendors Work Overtime as Police Halt Drug ArrestsThe coronavirus is having a strange effect on the war on drugs. Narcotics activities that were deemed serious crimes only a week ago have been dropped by U.S. law enforcement, who have greater concerns now that cities are under effective lockdown. Meanwhile, darknet vendors are doing their best to match increased demand for mail order […]

The post Darknet Vendors Work Overtime as Police Halt Drug Arrests appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Darknet Markets Keep Shipping as Shoppers Shun the Streets

Darknet Markets Keep Shipping as Shoppers Shun the StreetsThese are strange times for crypto. While it’s blood in the markets, it’s business as usual on the darknet, where marketplaces are seeing a steady inflow of cryptocurrency. They’re also seeing an inflow of new users as the repercussions of the coronavirus pandemic make online commerce the safest way to shop. Also read: Darknet Markets […]

The post Darknet Markets Keep Shipping as Shoppers Shun the Streets appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

The Beginner’s Guide to Buying Goods on the Darknet

The Beginner’s Guide to Buying Goods on the DarknetDarknet markets (DNMs) supply all manner of goods, some legal, others less so, but all purchasable with cryptocurrency and delivered to your door. Indeed, many people’s first exposure to bitcoin is when they have the need to purchase something off the darknet. For shopping of last resort, you need money of last resort – bitcoin, […]

The post The Beginner’s Guide to Buying Goods on the Darknet appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Darknet Markets Flourish as White House and Empire Toast Milestone Achievements

Darknet Markets Flourish as Empire and White House Toast Milestone AchievementsBusiness is booming on the darknet. Despite ongoing DDoS attacks, Empire Market has now passed 1 million users and two years’ trading. White House Market is also going strong, boasting almost 100% uptime in its first six months and over 60,00 users. In related news, the darknet has gained a new search engine that features […]

The post Darknet Markets Flourish as White House and Empire Toast Milestone Achievements appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

US Develops Cryptocurrency Intelligence Program Targeting P2P Sites, Forums, Darknet Markets

US Develops Cryptocurrency Intelligence Program Targeting P2P Sites, Forums, Darknet MarketsThe U.S. Department of Homeland Security has revealed a cryptocurrency intelligence program aimed at identifying unlicensed crypto businesses using P2P sites, online forums, and darknet markets. These areas have consistently presented “a significant challenge to law enforcement” and the Financial Crimes Enforcement Network (FinCEN). Also read: Regulatory Roundup — Trump’s Cryptocurrency Proposals, IRS Changes Rule, […]

The post US Develops Cryptocurrency Intelligence Program Targeting P2P Sites, Forums, Darknet Markets 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