Bitcoin Top Crypto on the Darkweb, but Privacy-Oriented Cryptos Are Gaining Steam

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Cryptocurrency Crime

Bitcoin remains the cryptocurrency of choice on the dark web, according to a report from TheNextWeb. That might be mostly a matter of inertia, however, as privacy-oriented cryptos are gaining steam. Cryptos like Monero and Dash, as well as others, have features baked into their underlying blockchain that can make it much harder to trace transactions. From TheNextWeb‘s coverage:

Bitcoin is still very much the dark web‘s favorite cryptocurrency, but those looking to cover their tracks are slowly learning to use privacy-focused alternatives. […] Authorities say there has been a more “pronounced shift” towards more privacy-orientated cryptocurrencies, and expects this trend to continue as criminals become more security aware.