Saturday, January 16, 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.

Owner of TheCryptoBasic. Involved in cryptocurrencies for more than five years, Love to trade, and write on cryptocurrencies. My basic aim is to provide genuine information to cryptocurrencies readers because crypto is filled with frauds and scams. True information is very rare to get. So I 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

Reasons Behind Chainlink (LINK) Price Making New All Time High

Chainlink (LINK) price achieved new highs increasing over $20 touching 22 USD. The price of LINK has risen by close to 30% in the...

SIMBA Chain Got A $1.5 Million Contract From The U.S. Office Of Naval Research To Develop Blockchain-Based Solution For Critical Military Weaponry Parts

SIMBA Chain, a blockchain-based company, has been received a contract of $1.5 million to create a system for predicting demand for critical parts of...

Another Cryptocurrency Exchange Backed XRP: “We Will Continue Listing XRP”

The U.S. financial authority, the SEC, has sued Ripple over the XRP sales. After the securities lawsuit, many popular cryptocurrency exchanges removed XRP from...

A Chinese Hospital Started Issuing Electronic Invoices On Blockchain Technology

The state hospital of Chengmai County in Hainan Province, which positions itself as the center of technology development in China, has released the first...

Kraken Allow Buying Of Monero With A Debit Or Credit Card

The Monero team tweets that it is possible to buy Monero directly on the Kraken crypto exchange with debit or credit card.

Subscribe To Our Newsletter

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