The Role of Crypto as a Means of Exchange

Due to the transition of many people around the world into a “stay at home” mode, where the only viable way of communicating and receiving something is through the global network, some new information regarding darknet activity has begun to surface. 

In the time of COVID-19, there has been an increase in both the activity of cyber fraudsters using the capabilities of cryptocurrencies and general illegal activity on the World Wide Web.

Of course, not all darknet operators are using the epidemic for malicious advantage, and comply with the code of honor. Nonetheless, Cointelegraph decided to figure out how Bitcoin is associated with the darknet, whether the global pandemic affects illegal crypto operations, and how authorities around the world are coping.

Crypto and the darknet

Digital assets are used in many areas, including acting as a means of payment on the darknet by those seeking maximum anonymity while performing operations deemed questionable by regulators.

Cryptocurrencies…