According to research by blockchain analysis firm Chainalysis, the income level of darknet markets where cryptocurrencies are used has started to decline.
According to research by Chainalysis, the combined annual revenue of darknet marketplaces, Hydra, was shut down last year. From $2.6 billion to $1.3 billion fell.
Hydra, whose user base is mostly in Russia, before it shuts down drugs, forged documents, money laundering It was the largest market place where such transactions were made.
According to Chainalysis’s analysis, vendors on the darknet have found that after Hydra shut down, OMG!OMG! He started to switch to another market place called. Blockchain data shows that wallets that have traded in Hydra in the past are now trading with wallets on OMG!OMG!.
The US added the crypto wallets used by Hydra to the sanctions list in April 2022, and the authorities in Germany later They closed the market place by confiscating 543 bitcoins..
market share in this space shortly after the shutdown of Hydra. More than 50% of OMG!OMG! took. But OMG!OMG!, which was later attacked by a DDoS attack, was later replaced by the Mega Darknet Market and Blacksprut.