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Tag: AlphayBay

Bitmixer’s Exit and Darknet Market Chaos: How Monero Stands to Benefit

Category: Altcoins, Bitcoin, Commentary, News

Bitmixer’s Exit and Darknet Market Chaos: How Monero Stands to Benefit

The swift takedown of the darknet markets (DNMs) AlphaBay and Hansa, an announcement to exit the market from Bitmixer and the arrest of Alexander Vinnik for laundering $4 billion have all shown that fungibility is still an area for improvement for Bitcoin. As bitcoin shakes off its shady image, Monero has drawn increased attention. The privacy-focused cryptocurrency experienced an outburst…

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