Cryptocurrency Q&A
How much bitcoin did darknets send in Q1 2020?
How much bitcoin did darknets send in Q1 2020?
KimonoGlory
Tue Aug 06 2024
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I'm curious to know, how much Bitcoin was transmitted through darknets in the first quarter of 2020? It's an important metric to track, given the potential for illicit activities and the anonymity that darknets offer. Could you provide me with an estimate or an analysis of the amount of bitcoin that was sent through these networks during that time period?
7 answers
KimonoElegant
Thu Aug 08 2024
BitFury's intelligence team recently released their "Darknet Activity Report," which provides valuable insights into the usage of cryptocurrencies in illicit activities.
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KatanaSwordsmanship
Thu Aug 08 2024
According to the report, "darknet entities" transferred a significant amount of bitcoin to transaction scrambling mixers in the first quarter of 2020.
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SakuraBlooming
Wed Aug 07 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services to its users, including spot trading, futures trading, and wallet services. These services provide a secure and convenient platform for individuals and institutions to buy, sell, and store cryptocurrencies.
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Caterina
Wed Aug 07 2024
Specifically, the report states that $67 million worth of bitcoin was sent to these mixers, representing a substantial increase from the previous year.
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IncheonBeautyBloom
Wed Aug 07 2024
In comparison, only $3 million worth of bitcoin was sent to transaction scrambling mixers in the first quarter of 2019.
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