One Word: Hydra Market Onion

The Russian darknet marketplace is among the biggest illegal marketplaces working on the dark web. The platform has been established in 2015 to provide vendors with the capability to make individual online stores to advertise their merchandise. It’s older than some of the present Western DNMs. These comprised an ICO to fund a growth into new markets, including Eternos, a new DNM for Western users, and AspaNET, an alternative to TOR. Though there is uncertainty as to the present status of these projects, in June of the year that the Hydra team said that the projects had been delayed due to the pandemic. In this way, the market is similar to its pioneering predecessor Silk Road.

In lots of ways, darknet marketplaces such as Hydra mimic the user experience of online retail platforms like Amazon, which can be among those aspects that lead to their popularity with customers ready to engage with illegal market places.

Besides medication, Hydra also allows vendors to market different kinds of wares like digital products, SIM cards, and other miscellaneous items.

The Chainalysis report notes these days, the DNM Hydra, is now Eastern Europe’s»sixth-largest» crypto service 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 assembled out a complex drug delivery system in Russia and other Eastern European nations,» the Chainalysis report notes.

«Couriers get delivery orders in a way very similar to Uber drivers and drop off packages in different places broadcast to buyers afterwards so that neither party has to find each other or create an online exchange exchange. No other areas are similar in terms of darknet market earnings or elegance of surgeries,» the Chainalysis Eastern European study concluded.

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

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

One consumer named Sasha said that Hydra and the deep net was beneficial toward getting drugs throughout the pandemic. Sasha clarifies a number of Hydra sellers are leveraging»geotagged» places so people don’t have to fulfill.

«Throughout the epidemic, a very cool function of delivery appeared on Hydra,» Sasha said in her interview. «To use it, you need to pay five million rubles [$67], but the’treasure’ (drugs) is placed as near as possible to the location you indicated. The pleasure is not cheap, but perhaps such a trend is outlined in connection with the pandemic and lockdowns.»

Hydra’s’Sophisticated Medication Delivery System’ at Russia Overshadows Western Darknet Markets

On September 14, the blockchain analysis company Chainalysis reported to the infamous Russian darknet marketplace (DNM) called Hydra and also 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 system» inside Russia and throughout several countries in Europe too.

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

About Monday, Chainalysis published a report about the cryptocurrency market activity in Eastern Europe this year, along with the company’s finding touched upon the Russian DNM called Hydra. But, Hydra catered it’s primary focus on medication and RAMP disappeared in late 2017. Reports emphasize that after RAMP’s passing,»Hydra witnessed a rise in consumer registrations and seller activity.»

Hydra’s Dropgangs and Dead Drops

The primary payment method that facilitates transaction on Hydra is bitcoin (BTC). Hydra even reveals a price ticker on the top right of its own platform to ensure that its customers are conscious of the current worth 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 revenue between June 2019 and July 2020.

Hydra, Russia’s largest darknet marketplace generated over $1.2 billion in crypto revenue between June 2019 and July 2020 and today plans to establish a brand new darknet market targeting Western users.

To provide their product, Hydra sellers utilize a system of GPS-located hiding spots. Vendors employ a network of couriers who deliver contraband purchases to a previously agreed upon hidden location. Once sent, the buyer receives the GPS coordinates for retrieval. This is the planet’s most sophisticated DNM distribution system. It means there’s no in-person exchange demanded, and it bypasses the requirement for government controlled delivery services. This method of delivery is only available in Russia and big cities across The Commonwealth of Independent States (CIS) (Azerbaijan, Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Uzbekistan and Ukraine).

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