Want A Thriving Business? Focus On Hydra Market Onion!

Besides medication, Hydra also allows vendors to sell other types 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 area.

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

«Couriers receive shipping orders in a manner very similar to Uber drivers and fall off packages in different locations broadcast to buyers afterwards in order that neither party has to find each other or create an online exchange exchange. No other regions are similar concerning darknet market earnings or sophistication of surgeries,» the Chainalysis Eastern European study concluded.

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

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

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

«During the epidemic, a very trendy purpose of delivery seemed 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 near as possible to the location you suggested. The pleasure is not cheap, but maybe this kind of trend is summarized in relation to the pandemic and lockdowns.»

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

On September 14, the blockchain analysis firm Chainalysis reported to the infamous Russian darknet marketplace (DNM) called Hydra and noted the DNM is Eastern Europe’s»sixth-largest service by volume in the region.» Moreover, the report also shows that Hydra has created a»complex drug delivery program» inside 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 unexpectedly decided to exit scam on August 22. News.Bitcoin.com reported about the aftermath and how DNM patrons scrambled to find options.

On Monday, Chainalysis published a report about the cryptocurrency market activity in Eastern Europe this season, and the company’s finding 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 main focus on medication and RAMP disappeared in late 2017. Reports highlight that after RAMP’s passing,»Hydra seen a rise in consumer registrations and vendor action.»

Hydra’s Dropgangs and Dead Drops

To provide their product, Hydra sellers use a system of GPS-located hiding stains. Vendors employ a network of couriers who deliver contraband purchases to a previously agreed upon concealed place. Once sent, the buyer gets the GPS coordinates for retrieval. This is the planet’s most complex DNM distribution system. This means there’s no in-person exchange required, and it avoids the need for authorities 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).

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

The primary payment system that facilitates trade on Hydra is bitcoin (BTC). Hydra also shows a cost ticker on the top of its platform to ensure that its users are aware 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 revenue between June 2019 and July 2020.

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 capability to make individual online stores to advertise their merchandise. It’s older than some of the current Western DNMs. These included an ICO to finance an expansion into new markets, including Eternos, a new DNM for Western users, and AspaNET, a substitute for TOR. While there’s doubt as to the current status of these jobs, in June of this year that the Hydra team stated that the jobs had been postponed due to the pandemic.

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