Bitcoin Remains Most Popular Digital Currency on Dark Web

24 March 2016, 11:24
Seth Dompreh
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Two professors at the Department of War Studies at King’s College London have published the results of their deep dive into The Onion Router, or Tor, network, which is designed to make it difficult to track the activity of online users.

The study found that websites offered illicit goods and services in 12 categories, including finance, and that bitcoin was still the digital currency of choice for conducting a wide range of other transactions.

“Bitcoin is the most common currency employed in all Tor hidden-services trade,” wrote Daniel Moore, a cyber-threat intelligence engineer in the Department of War Studies.READ MORE