Back to BTC: Darknet Markets Shift Following Monero’s Binance Delisting, Says Chainalysis Insights
Darknet markets are shifting back to using Bitcoin as their main cryptocurrency due to challenges with privacy coins like Monero. Eric Jardine from Chainalysis highlighted that as some major exchanges stopped supporting Monero, Bitcoin’s usage increased significantly. Previously, many darknet markets had favored Monero for its privacy features, but its removal from exchanges made it ...