A survey performed by The Block Analysis has discovered that bitcoin stays the cryptocurrency of alternative for funds and withdrawals for a lot of darknet marketplaces.
The Block’s Steven Zheng discovered that among the many 49 darknet markets surveyed, about 98% of them assist bitcoin.
Monero is the second-most standard cryptocurrency — it is utilized by 45% of markets — with litecoin and bitcoin money drawing assist from 29% and 12% of the survey markets, respectively. The outcomes largely mirror these gleaned throughout a 2019 survey, although in that case, ETH was third-most standard on the time.
A report revealed earlier this 12 months by Bitfury Crystal discovered that darknet entities are turning to transaction mixers — which assist obscure the provenance of funds — in rising numbers.
Learn The Block Analysis’s full report right here.
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