Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, Report

Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin BalancesBitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and had its France-based server infrastructure seized in January. Bitzlato Customers Allowed to Withdraw Up to 50% of Their Bitcoin at the Exchange Users of Bitzlato’s […]

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Russian Darknet Markets, Ransomware Groups Thrive Despite Sanctions, Report

Russian Darknet Markets, Ransomware Groups Thrive Despite Sanctions, ReportRussian marketplaces on the dark web have continued to operate despite Western sanctions and efforts to shut them down, according to a report accessing the illicit blockchain space amid the world’s “first crypto war.” Ransomware actors and high-risk crypto exchanges have also remained active. Underground Russian Crypto Platforms Adapting to Disruptions Caused by Ukraine War […]

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Darknet Market Solaris Hacked by Competitor, Elliptic Reveals

Darknet Market Solaris Hacked by Competitor, Elliptic RevealsA leading marketplace on the dark web, Solaris, has been hit by a rival, according to crypto analytics company Elliptic. The Russia-linked platform, which tried to occupy space vacated by the busted Hydra, is believed to have conquered up to a fifth of the illicit market before the hack. Solaris Allegedly Taken Over by Darknet […]

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Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner

Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests OwnerCryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an “international cryptocurrency enforcement action,” the U.S. Justice Department announced. The Russian owner of the platform has been arrested for his role in the alleged transmission of illicit money. Bitzlato claimed it was hacked. US, France […]

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Ukrainian Steals Bitcoin From Russian Darknet Market, Donates to Charity

Ukrainian Steals Bitcoin From Russian Darknet Market, Donates to CharityA Ukrainian living in the U.S. has reportedly hacked a major drug market on the Russian dark web, diverting some of its crypto proceeds. The man says he donated the digital cash stolen from the illicit website to an organization delivering humanitarian aid across his war-torn homeland. Wisconsin Resident With Ukrainian Roots Hacks Russian Dark […]

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4 Years After the 2017 Law Enforcement Takedown, Alphabay Is Once Again the King of Darknet Markets

Following the demise of the largest darknet marketplace (DNM) in mid-July 2017, the underground market Alphabay returned in August 2021, and during the last year, Alphabay has managed to once again regain its position as the world’s top DNM. Furthermore, Alphabay relentlessly conducted business amid a domino effect of DNMs folding last year and throughout […]

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Alleged Hydra Administrator Refuses to Provide Access to His Crypto Wallet, Report Claims

Alleged Hydra Administrator Refuses to Provide Access to His Crypto Wallet, Report ClaimsA Moscow court has ordered the seizure of the crypto wallet of one of the alleged administrators of darknet market Hydra. Media reports reveal, however, that the man — who was arrested in Russia in mid-April — is refusing to share access to his presumed crypto stash with Russian law enforcement. Investigators Fail to Obtain […]

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Alleged Hydra Administrator Dmitry Pavlov Reportedly Arrested In Russia

Alleged Hydra Administrator Dmitry Pavlov Reportedly Arrested In RussiaA district court in Moscow has arrested a man whom local media reports identify as Dmitry Pavlov, alleged administrator of the recently shut down darknet market Hydra. Russian authorities believe he has been involved in drug-related crime punishable by up to 20 years in prison. Moscow Court Arrests Russian Believed to Be Hydra Administrator Meshchansky […]

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Germany Shuts Down Hydra Market, Seizes Servers and Bitcoin

Germany Shuts Down Hydra Market, Seizes Servers and BitcoinLaw enforcement agencies in Germany have targeted Hydra, a leading darknet market (DNM). As part of an operation conducted with U.S. support, the German police were able to establish control over the servers of the Russian-language platform in the country and take down its website. Investigators Hit Hydra in Germany, Confiscate Millions in Crypto Hydra […]

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