The dark web's biggest marketplace just got taken down | Digital Trends

Ireland News News

The dark web's biggest marketplace just got taken down | Digital Trends
Ireland Latest News,Ireland Headlines
  • 📰 DigitalTrends
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 65%

The darkweb just got a little less darker: The biggest dark web marketplace in the world, Hydra, has been taken offline.

The dark web just got a little less dark: The biggest dark web marketplace in the world has been taken offline.

When the services being sought involve drugs and money laundering in particular, though, the potential payout can lead to a financial windfall that generates billions of dollars. Case in point: Germany’s cybercrime and criminal police divisions stated that Hydra Market obtained around $1.35 billion in 2020 for its services.

Furthermore, as highlighted by Engadget, if reports are to be believed, Hydra was responsible for about 80 percent of all cryptocurrency transactions performed on the dark web. Ultimately, the darknet marketplace had reportedly secured around $5.2 billion in crypto alone since 2015.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

DigitalTrends /  🏆 95. in US

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Germany Halts Russian Darknet Marketplace Hydra, Confiscates $25 Million in BitcoinGermany Halts Russian Darknet Marketplace Hydra, Confiscates $25 Million in BitcoinUpon shutting the servers of 'the world’s largest illegal Darknet marketplace Hydra,' the German authorities confiscated 543 BTC worth over $25 million.
Read more »

Germany Shuts Down Hydra Market, Seizes Servers and Bitcoin – Bitcoin NewsGermany Shuts Down Hydra Market, Seizes Servers and Bitcoin – Bitcoin NewsLaw enforcement agencies in Germany have targeted Hydra, a leading darknet market, seizing its servers in the country.
Read more »

Germany shuts down servers for Russian darknet marketplace HydraGermany shuts down servers for Russian darknet marketplace HydraAuthorities seized millions in Bitcoin from the illegal marketplace.
Read more »

Shutdown of Russia's Hydra Market Disrupts a Crypto-Crime ATMShutdown of Russia's Hydra Market Disrupts a Crypto-Crime ATM'It has this dual function of being a drugs market and a service for cybercriminals—and particularly Russian cyber criminals.' More than just a market for illegal drugs, the dark web site allowed criminals to launder or cash out hundreds of millions.
Read more »

Hydra Market: 543 Bitcoin Seized as World's Biggest Darknet Platform Shut Down | CoinMarketCapHydra Market: 543 Bitcoin Seized as World's Biggest Darknet Platform Shut Down | CoinMarketCapEstimates suggest Hydra Market was the darknet platform with the highest turnover worldwide — with sales of $1.35 billion in 2020 alone.
Read more »

Germany seizes the world's largest, longest-serving dark web market | EngadgetGermany seizes the world's largest, longest-serving dark web market | EngadgetGerman police have shut down Hydra, the world's oldest and largest dark web marketplace..
Read more »



Render Time: 2025-04-01 11:33:57