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

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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.

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Jakkkhttps://thecryptobasic.com/
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.

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