Eternos was intended to launch in September of 2020, but there has been no updates since the initial announcement. Hydra claims they intend to include an encrypted messenger, an alternative to TOR called AspaNET, an integrated cryptocurrency exchange, and more. Hydra’s New Global Project for Western Expansion—Eternos In December of 2019, Hydra launched an ICO that raised $146 million to create a new darknet market called Eternos.
The aim of Eternos is to dominate darknet markets globally. As this ICO was obviously a case of organized crime crowdfunding, there would be no recourse for defrauded investors. The ICO mentioned at the beginning could be a scam targeting fraudsters. Posts with cheated users’ lamentations would be deleted. There are no official institutions to which one could complain. Could it be a scam? We can’t be certain that these new projects will indeed be launched.
If somebody wants to use a Russian DNM, they will most likely eventually return there. In this scenario Hydra would certainly lose trust, but the question is does it really matter? If they ripped somebody who wasn’t their client before, they couldn’t care less. And there are several reasons that Hydra may opt for a scam scenario. Sure, trust is important on the darknet, but Hydra is currently the most important and strongest DNM player on Russian the scene.
If the new projects do not start, the Hydra administrators would probably explain themselves by citing unpredictable technical problems or using some other well-crafted, ultimately meaningless explanations. Instead, security professionals get hyper-relevant alerts that can quickly be assessed and acted on without ever actually having to go onto the dark web or painstakingly gaining access to marketplaces. This reduces the need for skilled professionals to spend all their time manually monitoring the entirety of the web and assessing the associated risks.
Additionally, it reduces the inherent risk of accessing criminal forums and marketplaces. There are roughly 4,600 vendors on Hydra—an enormous amount. Some vendors have as few as 2 listings, while others have over 50 listings. https://hydraurzxpne4af.com Interestingly, despite Hydra Market being Russian and serving only Russia and the surrounding countries, in 2019, 31.2% of criminal BTC received by UK exchanges came from Hydra Market. In the Spring 2020 CAML Report, CipherTrace reported to have discovered that 86.8% of all criminal BTC received by Russian exchanges came from Hydra.
The Russian investigative outlet, The Project, published an article in July of 2019 that estimated Hydra’s user base to exceed 2.5 million and confirmed that over 393,000 accounts left at least one review for a product. Market Volume It’s unclear as to how large Hydra actually is and the extent of their transaction volume; however, all information available indicates that the market has immense volume. The Project also estimated that as of Jul 25, 2019, Hydra had generated over $1 billion in revenue.
Hydra is Russian in origin and serves the following countries: Russia, Ukraine, Belarus, Kazakhstan, Azerbaijan, Armenia, Kyrgyzstan, Uzbekistan, Tajikistan, and Moldova.
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