The Hydra Dark Link Trap

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

The Chainalysis report notes these days, the DNM Hydra, is now Eastern Europe’s»sixth-largest» crypto service by volume in the region.

«As one of the largest darknet markets on earth, Hydra has assembled out a intricate drug delivery program in Russia and other Eastern European countries,» the Chainalysis record notes.

«Couriers get shipping orders in a manner similar to Uber drivers and fall off packages in discrete locations broadcast to buyers afterwards in order that neither party ever has to find each other or create an in-person exchange. No other areas are comparable in terms of darknet market revenue or sophistication of surgeries,» that the Chainalysis Eastern European study concluded.

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

On September 15, Filtermag.org published an article that interviewed lots of drug users from Russia to see how they were dealing with all the Covid-19 pandemic. Some of the individuals interviewed leveraged the flourishing DNM economy in Russia, and specifically discussed Hydra’s involved delivery surgeries.

One user called Sasha said that Hydra and the heavy net was beneficial toward getting drugs throughout the pandemic. Sasha explains that a number of Hydra sellers are leveraging»geotagged» locations so people don’t have to meet.

«During the outbreak, a very cool purpose of delivery seemed on Hydra,» Sasha said in her interview. «To use it, you have to pay five million rubles [$67], however the’treasure’ (drugs) is put as near as possible to the place you indicated. The pleasure is not cheap, but maybe this kind of trend is summarized 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 on the notorious Russian darknet marketplace (DNM) called Hydra and noted the DNM is Eastern Europe’s»sixth-largest service by quantity in the area.» In addition, the report also shows that Hydra has produced a»complicated drug delivery program» within Russia and throughout several countries in Europe as well.

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

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

About Monday, Chainalysis published a report regarding the cryptocurrency market action in Eastern Europe this year, and the company’s finding touched on the Russian DNM named Hydra. But, Hydra catered it’s main focus on medication and RAMP vanished in late 2017. Reports highlight that following RAMP’s passing,»Hydra seen an increase in consumer registrations and vendor action.»

Hydra’s Dropgangs and Dead Drops

In many ways, darknet marketplaces such as Hydra mimic the user experience of online retail platforms such as Amazon, which can be among those aspects that lead to their popularity with customers prepared to participate with prohibited market places.

The principal payment method that facilitates trade on Hydra is bitcoin (BTC). Hydra even shows a price ticker on the top right of its platform to make sure that its customers are conscious of the present 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 revenue between June 2019 and July 2020.

Hydra, Russia’s biggest darknet marketplace generated more than $1.2 billion in crypto earnings between June 2019 and July 2020 and now intends to establish a new darknet market targeting Western users. Can it be the most illegal token sale thus far?

The Russian darknet marketplace is among the biggest prohibited marketplaces operating on the dark net. The platform was launched in 2015 to provide vendors with the ability to create individual online shops to market their products. It’s older than any of the present Western DNMs. These included an ICO to finance a growth into new markets, including Eternos, a new DNM for Western users, and AspaNET, a substitute for TOR. While there is uncertainty regarding the current status of these jobs, in June of this year that the Hydra team said that the projects had been postponed on account of the outbreak. In this sense, the market is similar to the pioneering predecessor Silk Road.

Vendors, such as Walt Disney Drugs, Pyramid Market, and PokemonGo, show off their merchandise, which includes detailed descriptions and customer reviews to make sure buyers know what they are purchasing.

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