BTC/USD Rockets to Highest Print Since June: Sally Ho's Technical Analysis 27 July 2020 BTC

12d
cryptodaily

Exploring Decentraland: A Review of the Virtual World Built on Ethereum

12d
thebitcoinnews

J. A. McDonald: The Longest Running Case of Mass Hysteria

12d
thebitcoinnews

Popular Indian Youtube Channel Hacked to Promote Bitcoin Giveaway Scam

12d
thebitcoinnews

Tips on How to Minimize the Risks When Trading Cryptocurrencies

12d
thebitcoinnews

Analyst Who Predicted Bitcoin’s V-Shaped Reversal Expects Rally to $17k

12d
bitcoinist

Charles Edwards: BTC Could Shoot Up with Banks’ Help

12d
livebitcoinnews

These 3 Metrics Suggest Bitcoin Is Building Up Bullish Momentum

12d
bitcoinist

Are Institutional Investors Not Buying Bitcoin Anymore?

12d
coininsider

Visa Moving to Integrate With Digital Currency Platforms

12d
thebitcoinnews

Bakkt Hasn’t Experienced Any BTC Options Trading Since Mid-June

12d
livebitcoinnews

XRP Is Surging But Not Everyone Is Convinced a Bull Run Is Certain

12d
bitcoinist

Bitcoin Is Readying for “Big Move,” Says Fund Manager Who Predicts $50k BTC

12d
bitcoinist

Market Update: Crypto Cap Nears $300 Billion, BTC Hits $10K, ETH Rallies Hard

12d
thebitcoinnews

ETH/USD Launches to Highest Print Since July 2019: Sally Ho's Technical Analysis 26 July 2020 ETH

12d
cryptodaily

After Surging 25% in 5 Days, Ethereum Forms Sign Last Seen Before March Dump

12d
bitcoinist

Visa Claims It Will Support More Stable Currencies in the Future

12d
livebitcoinnews

Analyst Who Predicted BItcoin’s 2018 Bottom Thinks $10k Is Imminent

12d
bitcoinist

Adam Back & Satoshi Nakamoto: friends or strangers?

12d
cryptodaily

Bitcoin Falls Back Into The $9K Zone After Its Brief $10K Breach

12d
coingape

Bitcoin and Ethereum Surge to New Highs, Gold Almost at All-Time High

12d
cryptoglobe

After Surging 15% in 5 Days, XRP Prints Textbook Sell Signal

12d
thebitcoinnews

Bitcoin SV Is Stuck Below $200, May Resume Upside Range Correction

12d
coinidol

Here’s Why Bitcoin is Poised to Hit $11,500 Following Overnight Rally

12d
bitcoinist

Former CFTC commissioner believes the US should bring in outside stakeholders for a CBDC to bring in a new perspective

12d
cryptodaily


Russia: Darknet Marketplace Plans $149M ICO for Global Expansion

cointelegraph

8mon ago

Russia’s largest darknet marketplace is looking to raise $146 million in a token offering that would allow it to go global.

As Forklog reported on Dec. 11, the token sale is almost certainly illegal — in this case not merely for flouting securities laws or other financial regulations.

The operators of the marketplace, known as “Hydra,” have ambitions to roll out their model of anonymized, rogue trading for illicit substances at a massive scale. An investment memorandum, accessible only via dark web browsers like Tor, claims the platform’s global  expansion “will start a new era in the West” at a scale that is “hard to imagine.”

Hydra provides an anonymous service, whereby couriers disperse purchased goods to designated, concealed spots in public spaces, later to be collected by the client. Neither buyer, seller nor courier ever cross paths in person.

The operators plan to use the funds to build out a new service “Eternos” — combining encrypted messaging services, a privacy-focused browser, automated dispute resolution and an over-the-counter marketplace and crypto exchange.

Scheduled for Dec. 16, the token sale will offer investors bundles of 100 tokens, conferring rights to a 0.003% share of company profits. The tokens are valued at $100 apiece, payable in Bitcoin (BTC).

Issuance is set at 1,470,000 tokens, accounting for 49% of Eternos’ value and pledging $500 in monthly dividends for those purchasing more than 100 tokens. Forklog has warned readers the project may turn out to be an exit-scam.

The numbers are based on a forecast of $15 million monthly revenue, which the operators justify citing their current growth metrics.

Hydra claims it has a user base of over 3 million, processing over 100,000 transactions daily for illicit substances, hacking services, forged documents, stolen data and cash.

As of June 2019, Russian investigative site Proekt confirmed that Hydra had 2.5 million registered accounts, 393,000 of which had made at least one purchase.

The crypto industry’s most infamous darknet marketplace remains Silk Road, which launched in February 2011 before being shut down by the authorities in October 2013.

Its founder Ross Ulbricht — aka “Dread Pirate Roberts”  — was arrested and sentenced to life in prison in 2015, convicted of money laundering and aiding in the distribution of drugs, computer hacking and fraud, among other charges.

In 2017, U.S. authorities shuttered the major darkweb marketplace Alphabay, through which vendors had purportedly hawked fentanyl, heroin, weapons, malware and a series of Bitcoin-related heists.

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments