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22 September 2020

Hydra's 'Complex Drug Delivery System' in Russia Overshadows Western Darknet Markets | Bitcoin News

Hydra's 'Complex Drug Delivery System' in Russia Overshadows Western Darknet Markets | Bitcoin News


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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 as well.

On Monday, Chainalysis published a report about the cryptocurrency market action in Eastern Europe this year, and the company’s finding touched upon the Russian DNM called Hydra.

The darknet marketplace Hydra was launched in 2015 and it ran alongside the notorious Russian Anonymous Marketplace (RAMP).

The Chainalysis report notes that these days, the DNM Hydra, is currently Eastern Europe’s “sixth-largest” crypto service by volume in the region.

“As one of the largest darknet markets in the world, Hydra has built out a complex drug delivery system in Russia and other Eastern European countries,” the Chainalysis report notes.

Sasha explains that a number of Hydra vendors are leveraging “geotagged” locations so people don’t even have to meet.

In the Chainalysis study published this week, the research notes that Eastern Europe dominates with the most DNM activity, in terms of DNM value sent to a specific region.

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