One Word: Hydra Market Onion

The primary payment method that facilitates trade on Hydra is bitcoin (BTC). Hydra even shows a price ticker on the top right of its platform to ensure that its users are conscious of the current value of bitcoin in both US dollars (USD) and Russian rubles (RUB). A report by blockchain analysis firm Chainanalysis estimates that Hydra created over $1.2 billion in crypto earnings between June 2019 and July 2020.

Vendors, for example Walt Disney Drugs, Pyramid Market, and PokemonGo, show off their merchandise, which comes with detailed descriptions and customer testimonials to make sure buyers know what they are purchasing.

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

The Russian darknet marketplace is among the biggest prohibited marketplaces operating on the dark net. The platform was established in 2015 to provide vendors with the ability to create individual online stores to market their merchandise. It’s older than any of the current Western DNMs. These comprised an ICO to fund an expansion into new markets, Eternos, a brand new DNM for Western consumers, and AspaNET, an alternative to TOR. While there’s doubt regarding the current status of those jobs, in June of this year the Hydra team said that the jobs were postponed due to the pandemic.

«Hydra prefers severe Russian drug vendors, only 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 vendors that are actually scammers law enforcement utilizing the site for entrapment and manipulation.»

In lots of ways, darknet marketplaces like Hydra mimic the user experience of internet retail platforms like Amazon, which can be among those aspects which contribute to their popularity with users prepared to participate with illegal market places.

To deliver their product, Hydra vendors utilize a method of GPS-located hiding spots. Vendors employ a network of couriers who deliver contraband buys to a previously agreed upon concealed location. Once delivered, the purchaser receives the GPS coordinates for recovery. This is the world’s most sophisticated DNM distribution platform. It means there’s not any in-person exchange demanded, and it avoids the need for government controlled delivery services.

The darknet marketplace Hydra was launched in 2015 and it ran alongside the notorious Russian Anonymous Marketplace (RAMP). But, Hydra catered it’s primary focus on drugs and RAMP vanished in late 2017. Reports emphasize that following RAMP’s departure,»Hydra witnessed a rise in consumer registrations and vendor action.»

Hydra, Russia’s largest darknet marketplace generated more than $1.2 billion in crypto revenue between June 2019 and July 2020 and now intends to establish a new darknet market targeting Western users. Was it the most illegal token sale to date?

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

One consumer called Sasha reported that Hydra and the deep net was beneficial toward getting drugs throughout the pandemic. Sasha explains a range of Hydra vendors are leveraging»geotagged» locations so people do not have to meet.

«Couriers receive delivery orders in a manner very similar to Uber drivers and drop off packages in different locations broadcast to buyers later so that neither party has to see each other or make an online exchange exchange. No other areas are comparable in terms of darknet market earnings or elegance of operations,» that the Chainalysis Eastern European study concluded.

«Throughout the epidemic, a very trendy function of delivery seemed 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 suggested. The pleasure is not cheap, but maybe such a trend is summarized in relation to the pandemic and lockdowns.»

On September 15, Filtermag.org printed an article that interviewed lots of drug users from Russia to see how they were coping with all the Covid-19 pandemic. A few of the people interviewed leveraged the thriving DNM economy in Russia, and specifically spoke Hydra’s involved delivery surgeries.

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