Eastern Europe's sixth-largest crypto service is a darknet market

Cointelegraph

Published Sep 15, 2020 01:30AM ET

Updated Sep 15, 2020 03:00AM ET

Blockchain forensics firm Chainalysis has found that darknet markets exert a disproportionate presence in Eastern Europe’s crypto sector.

In an excerpt from Chainalysis’ 2020 Geography of Cryptocurrency Report, the firm asserts that Eastern Europe is responsible for “more global darknet market activity than any other region,” with the anonymous free market Hydra comprising the region’s sixth-largest crypto service.

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