Monday, October 25, 2021
Home Crypto News Market Darknet Marketplace Has Stopped Supporting Payments In Bitcoin And Now Accepts Only...

Darknet Marketplace Has Stopped Supporting Payments In Bitcoin And Now Accepts Only Monero

- Advertisement -

The well-known darknet marketplace has stopped supporting payments in Bitcoin and now accepts only Monero. This is a statement issued by the platform and distributed in social networks.

Reports are coming that White House Market, Which is a major marketplace on the darknet has stopped taking Bitcoin payments.

It says that the Darknet marketplace no longer accepts Bitcoin, as the third-party exchange API provider Morphtoken suddenly decided to block access to Tor nodes.

Removing Bitcoin was necessary in order to help move to XMR. we now support only Monero, as planned, writes the Darknet.

Earlier, Europol analyst Jarek Jakubcek said that tracking Bitcoin transactions was not particularly difficult for them, but everything changes when crooks decide to use Monero. When the suspects used a combination of TOR and Monero, we could not track the movement of funds. We couldn’t track the IP addresses. In other words, we were at a dead end. Everything happening on the Bitcoin blockchain was available for viewing, which is why we can go far enough in investigations. But with the Monero blockchain, we’ve reached a point where our investigations will stop.

Earlier, Jakubcek reported that cybercriminals are increasingly abandoning Bitcoin in favor of more anonymous alternatives, such as Monero, Zcash, and Dash because they are able to better hide their tracks while using these cryptocurrencies.

- Advertisement -
Owner of TheCryptoBasic. Involved in cryptocurrencies for more than five years, Love to trade and write on cryptocurrencies. My primary aim is to provide genuine information to cryptocurrency readers because crypto is filled with frauds and scams. Accurate information is scarce to get. So We at TheCryptoBasic will be providing accurate information about cryptocurrencies topics that users can trust.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Good Games Guild Announces Triple IDO on Seedify, Ignition, MoonStarter

Jakarta, Indonesia, 24th October, 2021, Good Games Guild, a gaming hub that aims to create the largest virtual world economy by optimizing its owned...

YearnNFT Finance: An Advanced Approach to NFTs with Digital Art and Collectibles

Since August, the market sales with respect to NFTs have skyrocketed, where a single NFT sales round up to millions worth. There have been...

The Bank Of Israel Aims To Launch Its CBDC On Ethereum

For now, central banks around the world are still working on developing and testing their own CBDCs, but there are new ones that are...

Russian Central Bank Head Says Russia Is Not Ready To Launch Crypto ETFs

The head of the Bank of Russia, Elvira Nabiullina gave a negative answer to the question about the possibility of trading cryptocurrency ETFs in...

Spanish Banks Anxiously Waiting For Central Bank Approval To Work With Cryptocurrencies

Spanish banks are interested in providing cryptocurrency services directly to clients and expect the Spanish Central Bank will bring regulatory clarity for crypto.

Reddit Intend To Bring Its Non Fungible Token (NFT) Platform

Reddit is looking to hire people for what could become a new platform for non-fungible tokens (NFTs) and digital goods. ...

Second Bitcoin ETF, Valkyrie Bitcoin Strategy ETF (BTF) Started Trading On Nasdaq

On the Nasdaq Stock Exchange under the ticker BTF, a Bitcoin futures ETF from Valkyrie Investments began trading at a price of $25.5.

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.