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

Published 09/15/2020, 01:30 AM
Updated 09/15/2020, 03:00 AM
Eastern Europe's sixth-largest crypto service is a darknet market

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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