How Green Is Your Hydra Market Onion?

Hydra’s’Complex Drug Delivery System’ in Russia Overshadows Western Darknet Markets

On September 14, the blockchain analysis company Chainalysis reported on the infamous Russian darknet marketplace (DNM) known as Hydra and also noted that the DNM is Eastern Europe’s»sixth-largest service by quantity in the region.» Moreover, the report also reveals that Hydra has created a»complicated drug delivery program» inside Russia and throughout various countries in Europe as well.

Russia’s Hydra Market: The 6th Largest Crypto Service by Volume in Eastern Europe

In the end of August, the darknet marketplace (DNM) community said goodbye to the Empire Market, which unexpectedly decided to leave scam on August 22. News.Bitcoin.com reported on the aftermath and how DNM patrons scrambled to find options.

About Monday, Chainalysis released a report regarding the cryptocurrency market action in Eastern Europe this year, and the organization’s discovering touched upon the Russian DNM named Hydra.

The darknet marketplace Hydra was launched in 2015 and it ran along with the infamous Russian Anonymous Marketplace (RAMP). However, Hydra catered it’s primary focus on drugs and RAMP disappeared in late 2017. Reports highlight that after RAMP’s departure,»Hydra seen a rise in consumer registrations and vendor action.»

Hydra’s Dropgangs and Dead Drops

In lots of ways, darknet marketplaces such as Hydra mimic the user experience of internet retail platforms like Amazon, which can be one of those factors which lead to their popularity with customers prepared to participate with prohibited market places.

To provide their merchandise, Hydra sellers use a system of GPS-located hiding spots. Vendors employ a network of couriers who deliver contraband buys to a previously agreed upon hidden place. Once delivered, the buyer receives the GPS coordinates for retrieval. This is the world’s most complex DNM distribution platform. It means there’s no in-person exchange required, and In case you loved this information and you would like to receive more details relating to ссылка i implore you to visit the website. it avoids the requirement for authorities controlled delivery solutions. This method of delivery is only available in Russia and big towns across The Commonwealth of Independent States (CIS) (Azerbaijan, Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Uzbekistan and Ukraine).

The Russian darknet marketplace is among the largest illegal marketplaces working on the dark net. The platform was launched in 2015 to provide vendors with the ability to create individual online shops to advertise their products. It is older than any of the current Western DNMs.

The primary payment method that facilitates trade on Hydra is bitcoin (BTC). Hydra even reveals a price ticker on the top of its platform to ensure that its customers are aware of the current value of bitcoin in both US dollars (USD) and Russian rubles (RUB). A report by blockchain analysis company Chainanalysis estimates that Hydra generated more than $1.2 billion in crypto earnings between June 2019 and July 2020.

Besides drugs, Hydra also allows vendors to market other types of commodities like electronic products, SIM cards, and other miscellaneous products.

The Chainalysis report notes these days, the DNM Hydra, is now Eastern Europe’s»sixth-largest» crypto support by volume in the region. Additionally, Chainalysis details that Hydra uses a extremely involved scheme for deliveries.

«As one of the most significant darknet markets in the world, Hydra has built a complex drug delivery system in Russia and other Eastern European countries,» the Chainalysis report notes.

«Couriers get delivery orders in a way very similar to Uber drivers and fall off packages in discrete places broadcast to buyers later in order that neither party ever has to find each other or create an in-person exchange. No other areas are comparable concerning darknet market revenue or elegance of surgeries,» the Chainalysis Eastern European study concluded.

«Hydra prefers severe Russian drug vendors, just allowing sellers that would like to pay’rent’ because of their shops and requiring a monthly payment of over $100 USD for use of their support,» Darkowl.com writes. «This [method] reduces the likelihood of sellers who are actually scammers law enforcement using the website for entrapment and exploitation.»

On September 15, Filtermag.org published an article that interviewed a number of drug users from Russia to observe how they were dealing with the Covid-19 pandemic. A few of the people interviewed leveraged the flourishing DNM economy in Russia, and especially spoke Hydra’s involved delivery operations.

One user called Sasha said that Hydra and the heavy web was beneficial toward obtaining drugs during the pandemic. Sasha clarifies that a range of Hydra sellers are leveraging»geotagged» places so people do not even have to meet.

«Throughout the outbreak, a very cool function of delivery appeared on Hydra,» Sasha said in her interview. «To use it, you have to pay five million rubles [$67], however the’treasure’ (medication ) is put as close as possible to the place you suggested. The pleasure isn’t affordable, but maybe such a trend is summarized in connection with the pandemic and lockdowns.»