Bitcoin purchases and sales in darknet markets spikes according to Chainalysis

While bitcoin remains the most popular crypto for darknet activities. The “dark net,” is part of the greater “deep web,” a network of secret websites that exist on an encrypted networks.

The anonymity of the dark web attracts drug-dealers, hackers, and child pornography peddlers. Hitmen and other illegal operatives can also advertise their services on the dark net in ways they could not over traditional channels.

The dark net is occasionally used for noble reasons by Internet users who need to operate anonymously. Journalists seeking to interview citizens of repressive countries where communications are monitored might use the dark net. The dark net can facilitate whistleblowing and news leaks, act as a tool to allow individuals to circumvent censorship networks, and can be used as a means of protecting political dissidents from reprisal.