You are only worth 0.017 bitcoins on the Deep Web, research shows

Charlie Taylor

Researchers at the PrivacyAffairs website collected hundreds of prices from the sale of private data such as credit cards, social media cons, among others, and compiled the Dark Web Price Index. The results left researchers astonished at the low price of extremely sensitive data being sold on darker side of the internet. Accessing an online bank account costs just 0.1779 XMR or $ 40; all credit card details are between $ 14 and $ 30 or $ 0.06 monero; and all of your documents for identity theft? Around 5 moneros or $ 1,000.00. The package with stolen bank login, driver's license in the USA, hacked Facebook account, credit card and high-quality identity was just $ 1010.00, exact 4.49 XMR equivalent to ~ 0.01789187 BTC at the current price. Accounts related to cryptocurrency exchanges and wallets are one of the most targeted items.

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“Hacked crypto accounts seem to be one of the most valuable items to buy. Due to the high prices of BTC and other cryptocurrencies, hacked accounts can contain large sums of currency and cash based on currencies, protected by relaxed security measures after the initial verification process. ”Said the survey.

A verified account at Binance costs just 1.82 XMR. Price of a hacked account from Binance and other brokers.The values ​​of data stolen from social networks, on the other hand, fell between 2020 and 2022. The price has been so low that some sellers are comically offering “buy two accounts and get 1 free”.

“If someone gets their hands on their financial data or social media credentials, the prices mentioned above are basically what counts for them. There is a good chance that you will value these things much more than they do, for hackers you are just another number for quick money. ”- said the survey.

Also read: Phishing attacks! See how to protect your bitcoins

Vendors abandoned Bitcoin

Did you notice how we show the price in monero and not in bitcoin? The world's leading cryptocurrency has been abandoned by vendors on the dark side of the internet for its complete lack of privacy and low anonymity.

“In an effort to mitigate detection and tracking by the authorities, the Dark Web is moving to increase security at all ends. Markets have abandoned Bitcoin (BTC) because it is not secure, and suppliers are demanding that buyers use Monero as payment and communicate only using PGP encryption. ”

While institutional investors invade bitcoin in search of protection against inflation and investment opportunities, activists, sellers and buyers flock to Monero with its low rates and extremely high privacy. With the first public atomic exchange between monero and bitcoin made last week, funds from the crypto sector like Cypherpunk Inc have returned to invest in XRM. Also read: Deep web officially leaves bitcoin: “as planned” Bitcoin is easier to investigate that money or bank transfers, says prosecutor

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