Russian darknet dominated crypto drug trade in 2024 with $1.65 billion transactions

Blockchain security firm TRM Labs reported that Russian-language darknet marketplaces dominated crypto-linked drug transactions in 2024. According to the report, the platforms were behind more than 97% of the drug-related crypto activity on the Bitcoin and TRON networks. That translates to around $1.65 billion out of the $1.7 billion traced to drug trade on both […]

The post Russian darknet dominated crypto drug trade in 2024 with $1.65 billion transactions appeared first on CryptoSlate.

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Maine Senator Urges Biden to Consider Clemency for Ross Ulbricht During President’s Auburn Visit

On July 28, 2023, U.S. president Joe Biden made a trip to Auburn, Maine, where he delivered a speech at Auburn Manufacturing and subsequently attended a private fundraising gathering. Eric Brakey, the Republican senator representing Maine, greeted Biden upon his arrival in Auburn and handed him a note. In the message, he suggested that the [...]

The post Maine Senator Urges Biden to Consider Clemency for Ross Ulbricht During President’s Auburn Visit appeared first on Crypto Breaking News.

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U.S. Sanctions Iran-Based Administrator for Darknet Marketplace Fentanyl Sales

The U.S. Treasury's OFAC has sanctioned an Iran-based darknet marketplace administrator for facilitating global fentanyl sales, highlighting the extensive use of cryptocurrencies in illegal drug trades. (Read More)

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Revived: Darknet Marketplace Wallet Holds $400M in Bitcoin After 9 Years

The recent discovery of a dormant wallet containing a staggering 400 million bitcoins has sent shockwaves through the darknet marketplace community. This wallet, inactive for nearly a decade, has suddenly come to life, sparking intense speculation and curiosity among crypto enthusiasts. The resurgence of this significant amount of bitcoins has raised questions about its origin [...]

The post Revived: Darknet Marketplace Wallet Holds $400M in Bitcoin After 9 Years appeared first on Crypto Breaking News.

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US Imposes Sanctions on Cryptocurrency Addresses Tied to Nemesis Darknet Marketplace

The United States imposes sanctions on the operator of a notorious darknet marketplace, known as the nemesis. The individual behind this illegal online platform has faced severe consequences for engaging in illicit activities and enabling criminal enterprises to thrive in the shadows of the internet. Despite the anonymity and encryption typically associated with darknet marketplaces, [...]

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Alleged Admin of Darknet Marketplace Monopoly Market Extradited to US

The suspected administrator of the Monopoly Market darknet marketplace has been extradited from Austria to face charges in the U.S. The man, a citizen of Serbia and Croatia who was arrested in Vienna last November, has been accused of facilitating $18 million in illegal drug transactions using cryptocurrencies. DNM Administrator Charged in U.S. With Running

The post Alleged Admin of Darknet Marketplace Monopoly Market Extradited to US appeared first on BTC Ethereum Crypto Currency Blog.

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Roger Ver at Webx Asia: Reflections on Payments, Self-Custody, and the Role of Crypto Lawbreakers

When asked whether he’d rather be called a “bitcoin evangelist,” or “Bitcoin Jesus” at the recent Webx seminar in Tokyo, Roger Ver responds: “I prefer to be called Roger.” The enthusiastic and outspoken figure in crypto, scattering sats around the world with unapologetic frankness about government, the bitcoin block size wars, and conflations of legality [...]

The post Roger Ver at Webx Asia: Reflections on Payments, Self-Custody, and the Role of Crypto Lawbreakers appeared first on Crypto Breaking News.

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Over 100,000 Compromised Chatgpt Accounts Discovered on Darknet Markets

Cybersecurity researchers have found tens of thousands of devices storing Chatgpt credentials that have been infected with info-stealing malware. The account details have ended up being sold on the dark web, they said, pointing out that the Asia-Pacific leads by number of such offers. Increase of Compromised Accounts Testifies to the Growing Popularity of Chatgpt

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Crypto’s Fentanyl Trade Worth Tens of Millions: Security Researchers

Law enforcement around the world has long pointed to China as being a source of deadly fentanyl as well as the precursors used to manufacture it. New research from both Chainalysis and Elliptic have put a number on how much of this trade is done in crypto.Elliptic, which published its report on the topic Tuesday

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Top Russian Darknet Market HACKED, Bitcoin Taken... then Transferred to Ukraine!

Computer Security specialist Alex Holden was born in Ukraine, and while he now lives in the United States, he's doing what he can to help his countries efforts against Russia. 

Holden is sharing his accomplishment of infiltrating Russia's largest online drug market, called Solaris, steal 1.6 bitcoin (BTC) from the website's main wallet, and donate it to Ukraine.

The funds were sent to a Ukrainian non-profit called 'Enjoying Life", and the organizations co-founder Tina Mikhailovskaya confirms it was received, saying it was "given directly to the elderly, families and internally displaced people who suffered from the Russian war."

Holden declined to tell how he did the robbery, only sharing that it involved help from his team of hackers from he employs at his company Hold Security, and that they took 'partial control of the Solaris infrastructure' which somehow included access to the wallet. 

While an amusing story, this is small compare to the true impact of crypto on this war...

Ukraine is the nation in history to formally accept bitcoin and other cryptocurrencies to finance the costs of a war, and so far their wallet has received 645 BTC in donations from around the world. That is equivalent to $10 million USD at current rates, and $45 million at Bitcoin's high.

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Author: Mark Pippen
London News Desk 
Breaking Crypto News

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Russian Darknet Market HACKED, Bitcoin Taken... Transferred to Ukraine!

Computer Security specialist Alex Holden was born in Ukraine, and while he now lives in the United States, he's doing what he can to help his countries efforts against Russia. 

Holden is sharing his accomplishment of infiltrating Russia's largest online drug market, called Solaris, steal 1.6 bitcoin (BTC) from the website's main wallet, and donate it to Ukraine.

The funds were sent to a Ukrainian non-profit called 'Enjoying Life", and the organizations co-founder Tina Mikhailovskaya confirms it was received, saying it was "given directly to the elderly, families and internally displaced people who suffered from the Russian war."

Holden declined to tell how he did the robbery, only sharing that it involved help from his team of hackers from he employs at his company Hold Security, and that they took 'partial control of the Solaris infrastructure' which somehow included access to the wallet. 

While an amusing story, this is small compare to the true impact of crypto on this war...

Ukraine is the first nation in history to formally accept bitcoin and other cryptocurrencies to finance the costs of a war, and so far their wallet has received 645 BTC in donations from around the world. That is equivalent to $10 million USD at current rates, and $45 million at Bitcoin's high.

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Author: Mark Pippen
London News Desk 
Breaking Crypto News

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Silk Road Was The Darknet Market Testing Ground For Bitcoin

Silk Road showed people that bitcoin could be effectively used as a medium of exchange on an open marketplace.

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Block By Block: Facing Life In Prison, Bitcoin’s Resilience Inspires Me

“Through the rise and fall of Silk Road, through the relentless years of my incarceration … Bitcoin keeps going.”

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Crypto scams fall 65% after gullible noobs exit the market: Chainalysis

Less gullible retail investors and falling asset prices have made scamming a less enticing endeavor, but the tsunami of new DeFi applications has hackers licking their lips.

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Bitcoin Is Losing Favor On Darknet Markets

A deep dive into how Bitcoin’s lack of privacy and, by extension, its insufficient fungibility has led to its loss of market share in darknet markets.

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How and Why Did German Authorities Just Seize 543 Bitcoin?

Despite what you may hear, your Bitcoin is not bulletproof from seizure. Covered: World’s Largest Darknet Market Nixed Mixed Bitcoin, Custodial Exchange World’s Largest Darknet Market Nixed The world’s largest darknet market (DNM) has been shut down by German authorities. The servers of Hydra Market, “the most prominent Russian darknet platform for selling drugs and […]

The post How and Why Did German Authorities Just Seize 543 Bitcoin? appeared first on CryptosRus.

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US sanctions Russia's largest darknet market and crypto exchange Garantex

The sanctions were part of an international effort aimed at “[disrupting the] proliferation of malicious cybercrime services, dangerous drugs and other illegal offerings.”

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Germany Seizes $25M in Bitcoin in Darknet Marketplace Bust

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Investigating The Staged Assassinations Of Silk Road

Staged assassinations perpetrated by federal agents were key to the demise of the Silk Road darknet marketplace, a critical Bitcoin use case.

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Breaking: White House Darknet Market Reveals Retirement Plans

White House, one of the world’s largest DNM, has announced its retirement plans. It is also the world’s biggest Monero-accepting

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