New Chainalysis Report Sheds Light on Darknet Markets and the Need for Onchain Privacy

Darknet market exercise hit new highs in 2019, as proven in a brand new report from blockchain forensics agency Chainalysis. Regardless of concerted makes an attempt from regulation enforcement (LE) to crack down on darknet markets (DNMs), coupled with a number of exit scams, crypto inflows and outflows surpassed $800 million final yr.

Additionally learn: Monopoly Is a Tiny Darknet Market With Large Aspirations

Darknet Markets Are Recession-Proof

“What two companies have historically been recession proof since time immemorial?” asks Tony Soprano in an episode of the American crime drama. “Sure features of present enterprise…and our factor,” replies his consigliere Silvio Dante. At this time “our factor” – specifically, organized crime – more and more takes place on the internet, and the darknet specifically. Monitoring its well being falls to software program firms armed with the instruments to research the movement of digital property in and out of recognized…

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