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

On September 14, the blockchain analysis company Chainalysis reported to the infamous Russian darknet marketplace (DNM) called Hydra and noted the DNM is Eastern Europe’s»sixth-largest service by quantity in the area.» Moreover, the report also reveals that Hydra has produced a»complex drug delivery program» within 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 exit scam on August 22. News.Bitcoin.com reported on the aftermath and how DNM patrons scrambled to find alternatives.

On Monday, Chainalysis published a report regarding the cryptocurrency market action in Eastern Europe this year, along with the organization’s finding touched on the Russian DNM named Hydra.

The darknet marketplace Hydra was launched in 2015 and it ran along with the notorious Russian Anonymous Marketplace (RAMP). However, Hydra catered it’s primary focus on medication and RAMP disappeared in late 2017. Reports emphasize that after RAMP’s passing,»Hydra seen an increase in user registrations and vendor activity.»

Hydra’s Dropgangs and Dead Drops

Besides drugs, Hydra also allows vendors to sell other types of wares like digital products, SIM cards, and other miscellaneous products.

The Chainalysis report notes these days, the DNM Hydra, is currently Eastern Europe’s»sixth-largest» crypto support by quantity in the area. If you have any inquiries pertaining to in which and how to use рынок гидры гидра, you can call us at our own internet site. Moreover, Chainalysis details that Hydra uses a extremely involved scheme for deliveries.

«As one of the largest darknet markets in the world, Hydra has built out a intricate drug delivery system in Russia and other Eastern European nations,» the Chainalysis record notes.

«Couriers get shipping orders in a manner similar to Uber drivers and fall off packages in different places broadcast to buyers later in order that neither party has to see each other or make an in-person exchange. No other areas are similar in terms of darknet market earnings or sophistication of surgeries,» that the Chainalysis Eastern European study concluded.

«Hydra prefers severe Russian medication vendors, just allowing sellers who would like to pay’rent’ because of their shops and requiring a monthly payment of $100 USD for use of their service,» Darkowl.com writes. «This [method] reduces the odds of sellers who are actually scammers or law enforcement utilizing 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 consumer named Sasha said that Hydra and the heavy net was beneficial toward getting drugs throughout the pandemic. Sasha clarifies a number of Hydra sellers are leveraging»geotagged» locations so people don’t even have to meet.

«During the outbreak, a very trendy purpose of delivery appeared on Hydra,» Sasha said in her interview. «To use it, you need to pay five thousand rubles [$67], however the’treasure’ (medication ) is put as close as possible to the location you suggested. The pleasure is not affordable, but maybe this kind of trend is outlined in connection with the pandemic and lockdowns.»

The principal payment system that facilitates trade on Hydra is bitcoin (BTC). Hydra also shows a cost ticker on the top right of its platform to make sure that its users are conscious of the present worth of bitcoin in both US dollars (USD) and Russian rubles (RUB). A report by blockchain analysis company Chainanalysis estimates that Hydra created over $1.2 billion in crypto revenue between June 2019 and July 2020.

To provide their product, Hydra sellers use a method of GPS-located hiding stains. Vendors employ a network of couriers who deliver contraband purchases to some previously agreed upon concealed location. Once delivered, the purchaser gets the GPS coordinates for retrieval. This is the world’s most sophisticated DNM distribution platform. This means there’s no in-person exchange required, and it bypasses the need for authorities controlled delivery services. 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).

Hydra primarily functions as a marketplace for drugs but other contraband such as fake passports, stolen credit cards, and counterfeit currency is also available. In this sense, the market is similar to its pioneering predecessor Silk Road.

Vendors, for example Walt Disney Drugs, Pyramid Marketplace, and PokemonGo, show off their merchandise, which comes with detailed descriptions and customer reviews to make sure buyers are aware of what they’re buying.