The government and heads of banking institutions constantly say that digital currencies have a connection with the black market. They believe that attackers and scammers prefer to pay for various types of services with cryptocurrency. Most often this happens on the dark web.
According to a study by analysts at Recorded Future, Litecoin is a very popular currency on the Darkweb. Those who choose to buy illegal goods and services most often pay with this currency. It is used by 30% of merchants who work with alternative payment gateways, writes Bitcoinist.
The Recorded Future company conducted statistical research, analyzing more than one hundred and fifty sites on the dark web that offer prohibited goods and services.
Bitcoin is in the lead in the overall ranking, which still remains the “gold standard” due to the fact that it is accepted by all vendors without exception.
The second place is firmly occupied Litecoin. Such a demand for this altcoin is explained by the low commission for transferring funds, which, naturally, is reflected in the cost of goods.
The third place in the ranking is occupied by Dash (20%), fourth by Bitcoin Cash (13%), fifth by Ethereum (9%). Monero closes the list (6%), although this is the cryptocurrency that everyone considers a means of payment for drug traffickers.
If we talk about the popularity of currencies in specific regions, then Eastern Europe, in addition to Bitcoin and Litecoin, actively uses Dash (24%), and the English-speaking sector uses XMR (15%).
Whether the study will affect the rates of the above-mentioned digital currencies is unclear, most likely not.
The popularity of cryptocurrencies in The dark web is growing very quickly, perhaps this is due to the widespread ban on their advertising on public social networks. After all, as everyone knows, the dark web attracts users precisely because of its anonymity, which becomes more attractive for crypto enthusiasts on the one hand and for all kinds of scammers on the other.
According to https://www.recordedfuture.com
You May Also Like
The logo of the Floki meme token will decorate the Spartak-Moscow uniform
The Floki token has become an official partner of the Spartak-Moscow football club. The joke coin's logo will appear on the players' uniforms and will be broadcast on LED panels during games.
Monero has fixed a critical bug
According to a statement published on September 25, the Monero developers have fixed a bug that allowed attackers to carry out attacks on the wallets of organizations.
