{"id":28676,"date":"2020-09-15T12:02:13","date_gmt":"2020-09-15T09:02:13","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=28676"},"modified":"2025-08-27T12:50:50","modified_gmt":"2025-08-27T09:50:50","slug":"chainalysis-eastern-europe-leads-darknet-market-activity","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/chainalysis-eastern-europe-leads-darknet-market-activity\/","title":{"rendered":"Chainalysis: Eastern Europe leads darknet-market activity"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Eastern Europe leads darknet-market activity among regions worldwide. This is evidenced by a study from analytics firm Chainalysis.<\/span><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The latest preview of our Geography of Cryptocurrency Report covers Eastern Europe! Grassroots adoption is strong in the region, but we also see disproportionately high ransomware and darknet market activity. Read to learn more! <a href=\"https:\/\/t.co\/s4NJRnwBkX\">https:\/\/t.co\/s4NJRnwBkX<\/a><\/p>\n<p>\u2014 Chainalysis (@chainalysis) <a href=\"https:\/\/twitter.com\/chainalysis\/status\/1305509320109551616?ref_src=twsrc%5Etfw\">September 14, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">According to <a href=\"https:\/\/u1f987.com\/en\/news\/ukraine-and-russia-lead-chainalysiss-global-crypto-adoption-index\"><span style=\"font-weight: 400;\">data<\/span><\/a><span style=\"font-weight: 400;\"> Chainalysis, residents of Russia and Ukraine are among the most active cryptocurrency users in the world.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Analysts place Eastern Europe second after Latin America in the volume of cryptocurrency transactions sent to criminal organisations \u2014 1.4% of the total over 12 months.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In Latin America this figure stands at 1.6%, though the aggregate amount sent is lower.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Eastern Europe accounts for more darknet-market activity than any other region.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-110114\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/5f5f71342ad420225d43dc85_f4pNfiV-vyJGlhKPFXapyyiv6wFaNPjZQReGNyEa3PQj-hcMs8aVSW9wZIfCLCHDCsr79hdxS2IYN74WuHmkKQ1Sfx2Y5NbxI9RyWqIpg8VZvEt3Cu3J8wnCZQtwsnh8MAJ-oXtv-300x185.png\" alt=\"Chainalysis: \u0412\u043e\u0441\u0442\u043e\u0447\u043d\u0430\u044f \u0415\u0432\u0440\u043e\u043f\u0430 \u043b\u0438\u0434\u0438\u0440\u0443\u0435\u0442 \u043f\u043e \u0430\u043a\u0442\u0438\u0432\u043d\u043e\u0441\u0442\u0438 \u043d\u0430 \u0434\u0430\u0440\u043a\u043d\u0435\u0442-\u0440\u044b\u043d\u043a\u0430\u0445\" width=\"820\" height=\"506\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/5f5f71342ad420225d43dc85_f4pNfiV-vyJGlhKPFXapyyiv6wFaNPjZQReGNyEa3PQj-hcMs8aVSW9wZIfCLCHDCsr79hdxS2IYN74WuHmkKQ1Sfx2Y5NbxI9RyWqIpg8VZvEt3Cu3J8wnCZQtwsnh8MAJ-oXtv-300x185.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/5f5f71342ad420225d43dc85_f4pNfiV-vyJGlhKPFXapyyiv6wFaNPjZQReGNyEa3PQj-hcMs8aVSW9wZIfCLCHDCsr79hdxS2IYN74WuHmkKQ1Sfx2Y5NbxI9RyWqIpg8VZvEt3Cu3J8wnCZQtwsnh8MAJ-oXtv-1024x632.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/5f5f71342ad420225d43dc85_f4pNfiV-vyJGlhKPFXapyyiv6wFaNPjZQReGNyEa3PQj-hcMs8aVSW9wZIfCLCHDCsr79hdxS2IYN74WuHmkKQ1Sfx2Y5NbxI9RyWqIpg8VZvEt3Cu3J8wnCZQtwsnh8MAJ-oXtv-768x474.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/5f5f71342ad420225d43dc85_f4pNfiV-vyJGlhKPFXapyyiv6wFaNPjZQReGNyEa3PQj-hcMs8aVSW9wZIfCLCHDCsr79hdxS2IYN74WuHmkKQ1Sfx2Y5NbxI9RyWqIpg8VZvEt3Cu3J8wnCZQtwsnh8MAJ-oXtv.png 1454w\" sizes=\"auto, (max-width: 820px) 100vw, 820px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The bulk of darknet-market cryptocurrency transactions in Eastern Europe go to Hydra, one of the largest by the volume of funds sent in the region.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Chainalysis emphasised that in no other region does a darknet-marketplace rank among the top ten by this metric.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-110113\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/5f5f7134c4207ccc0b92a0dc_13ZlIHGW5cyOrLt22UZ8QCUG4VNcvq_RWpG8xo_p36Em2-AJJwjyD5hlQk4M82vSKArGUAqFCjMDmvqIzSBwLivvrA3C-quRYc-4GkyKPTqvjqmqn6lTvEEgBB1GOBcmngyKpTDU-300x174.png\" alt=\"Chainalysis: \u0412\u043e\u0441\u0442\u043e\u0447\u043d\u0430\u044f \u0415\u0432\u0440\u043e\u043f\u0430 \u043b\u0438\u0434\u0438\u0440\u0443\u0435\u0442 \u043f\u043e \u0430\u043a\u0442\u0438\u0432\u043d\u043e\u0441\u0442\u0438 \u043d\u0430 \u0434\u0430\u0440\u043a\u043d\u0435\u0442-\u0440\u044b\u043d\u043a\u0430\u0445\" width=\"820\" height=\"475\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/5f5f7134c4207ccc0b92a0dc_13ZlIHGW5cyOrLt22UZ8QCUG4VNcvq_RWpG8xo_p36Em2-AJJwjyD5hlQk4M82vSKArGUAqFCjMDmvqIzSBwLivvrA3C-quRYc-4GkyKPTqvjqmqn6lTvEEgBB1GOBcmngyKpTDU-300x174.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/5f5f7134c4207ccc0b92a0dc_13ZlIHGW5cyOrLt22UZ8QCUG4VNcvq_RWpG8xo_p36Em2-AJJwjyD5hlQk4M82vSKArGUAqFCjMDmvqIzSBwLivvrA3C-quRYc-4GkyKPTqvjqmqn6lTvEEgBB1GOBcmngyKpTDU-1024x593.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/5f5f7134c4207ccc0b92a0dc_13ZlIHGW5cyOrLt22UZ8QCUG4VNcvq_RWpG8xo_p36Em2-AJJwjyD5hlQk4M82vSKArGUAqFCjMDmvqIzSBwLivvrA3C-quRYc-4GkyKPTqvjqmqn6lTvEEgBB1GOBcmngyKpTDU-768x445.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/5f5f7134c4207ccc0b92a0dc_13ZlIHGW5cyOrLt22UZ8QCUG4VNcvq_RWpG8xo_p36Em2-AJJwjyD5hlQk4M82vSKArGUAqFCjMDmvqIzSBwLivvrA3C-quRYc-4GkyKPTqvjqmqn6lTvEEgBB1GOBcmngyKpTDU.png 1392w\" sizes=\"auto, (max-width: 820px) 100vw, 820px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">According to analysts, since June 2019 through July 2020 Hydra&#8217;s revenue from cryptocurrency surpassed $1.2 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Eastern Europe accounts for more than 23% of funds sent as ransoms to ransomware programs. This is the highest share among regions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to <a href=\"https:\/\/u1f987.com\/en\/news\/ukraine-and-russia-lead-chainalysiss-global-crypto-adoption-index\"><span style=\"font-weight: 400;\">data<\/span><\/a><span style=\"font-weight: 400;\"> Chainalysis, residents of Russia and Ukraine are among the most active cryptocurrency users in the world.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One of the reasons for Ukraine and Russia&#8217;s leadership in the Chainalysis index, according to specialists, is the low level of public trust in traditional institutions, including government and banks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Earlier, The Block <a href=\"https:\/\/u1f987.com\/en\/news\/study-bitcoin-remains-the-most-popular-darknet-cryptocurrency\"><span style=\"font-weight: 400;\">said<\/span><\/a><span style=\"font-weight: 400;\">, that Bitcoin remains the most popular cryptocurrency on the darknet.<\/span><\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 the full news stream, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eastern Europe leads darknet-market activity among regions worldwide, according to a Chainalysis study.<\/p>\n","protected":false},"author":1,"featured_media":28677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[274,477,167],"class_list":["post-28676","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-chainalysis","tag-darknet","tag-research"],"aioseo_notices":[],"amp_enabled":true,"views":"36","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=28676"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28676\/revisions"}],"predecessor-version":[{"id":28678,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28676\/revisions\/28678"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/28677"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=28676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=28676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=28676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}