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Friday

14 August 2020

Dark Web Crypto Use Has Grown Exponentially

Dark Web Crypto Use Has Grown Exponentially


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According to a new report issued by Bitfury – a bitcoin technology firm – dark web activity in the crypto arena has surged by more than 300 percent over the past three years.

The report suggests that dark net players garnered more than a quarter of a billion dollars in bitcoin units during quarter one of this year.

Interestingly, however, it looks like bitcoin activity itself in the dark web space has fallen in recent months as more and more players turn to altcoins to do their dirty work.

The firm can monitor the activity surrounding bitcoin, Ethereum, Litecoin, bitcoin cash and all ERC-20 tokens, but Monero is often another story.

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