According to a study conducted by The Block, Bitcoin is still the users' favorite crypto for making payments and withdrawing money on the darknet.<\/p>\n
As per the results of the study, 98% of the 49 darknet markets analyzed support the largest cryptocurrency on the market.<\/p>\n
However, it is not the only one. Monero, a popular privacy-centered crypto, is the second most widely used cryptocurrency, as it is used in 45% of the darknet markets studied.<\/p>\n
The third and fourth place are occupied by Litecoin and Bitcoin Cash, which are used in 29% and 12% of the markets, respectively.<\/p>\n
iHodl reported in mid-July the use of BTC's mixing services, which allow users to hide their trace on the network, surged during the first quarter of the year.<\/p>\n
In May it was known the total dollar value of Bitcoins transferred on the dark web had increased by 65%.<\/p>\n
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Bitcoin Still the Favorite Currency on the Darknet - ihodl.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" According to a study conducted by The Block, Bitcoin is still the users' favorite crypto for making payments and withdrawing money on the darknet. As per the results of the study, 98% of the 49 darknet markets analyzed support the largest cryptocurrency on the market. However, it is not the only one. Continue reading