Dark Net Markets Are Booming From Better Quality & Safety
Dark Net Markets (DNM) are growing bigger than ever, with the Economist reporting over $50 million USD in transactions flowing through these marketplaces. The publication used data collected from Gwern Branwen’s dark web archive and broke down quite a bit of the behavior taking place in the Dark Net Market environment. Dark Net Markets are Booming. Since....
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Walmart recently opened its Food Safety Collaboration Center in Beijing. The new initiative means the multinational is collaborating with IBM and Tsinghua University to improve food quality through the supply chain. It means the food safety partnership is utilizing blockchain technology to provide better food tracking and consumer safety. Three....
Paying a higher price can be annoying, but it is still worth it to the majority of deep web users. Plus, Bitcoin developers are working on adding privacy and anonymity to the protocol, which will benefit users of dark markets even more. The recent Bitcoin network congestion has been a topic of substantial debate on Reddit. But could it affect something as obscure as the dark markets? Despite the block reward halving, they should have no imminent need of switching to different forms of payments. It would be shortsighted to deny the success Bitcoin has on the deep web. Underground....
Drug sales on the dark web actually increased after the closure of bitcoin-only marketplace Silk Road, a new survey has shown. Established by addiction specialist Dr Adam Winstock in 2011, the Global Drug Survey is a harm reduction initiative that seeks to provide accurate statistics on substance use worldwide. Analysing over 100,000 responses from 50 countries, the survey found the number of users buying drugs from dark marketplaces rose by 1.2% in 2014. The UK led this surge in demand, with 15.1% of British drug users buying from the dark web, a near-3% rise from the year before.....
At least 400 dark net web domains have been reported seized and 17 individuals arrested in connection with Operation Onymous, an ongoing global cybercrime crackdown. A number of high-profile dark net markets, most notably Silk Road 2.0, have been shut down by law enforcement agencies in the US and Europe over the past 24 hours. The European Union's Judicial Cooperation Unit, or Eurojust, reported on 7th November that 414 dark web domains have been seized so far as part of Operation Onymous. All of the sites in question were accessible through the Tor network, which according to those....
In this concluding article of our series looking at Silk Road, a year after its closure, we examine the impact the Silk Road bust had on the dark markets and their most widely used digital currency, bitcoin. The FBI may have taken down the Silk Road in spectacular fashion, slapping a seizure notice on the dark marketplace's website and executing the high-profile public arrests of Ross Ulbricht, and later, bitcoin executive Charlie Shrem and digital currency trader Robert Faiella. According to academics and researchers studying dark web markets - which transact almost exclusively in bitcoin....