Dogecoin is becoming more popular with criminals, according to a new report
published by cryptocurrency sleuth Elliptic, Dogecoin, the largest meme cryptocurrency, has been gaining traction on the dark web.
The London-based firm has detected “millions of dollars” worth of Dogecoin transactions linked to illegal activities. Elliptic has found out that cryptocurrency is widely accepted on some popular darknet marketplaces that offer drugs and stolen data. Criminals started using Dogecoin shortly after its inception in 2013. In 2014, there was a Silk Road knock-off called “Doge Road.” The owner of the now-defunct marketplace ran away with other people’s money shortly after its creation.
The Bitcoin parody became more popular with nefarious actors in 2021 due to its rapidly growing popularity.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BTC, DOGE, and SHIB Price Analysis for June 21Can BTC rise together with the biggest meme coins? Dogecoin dogecoin jasdoge DogecoinMemes RacerDoge crypto cryptocurrency
Read more »
Elon Musk Gives One Reason Why He Supports Dogecoin: DetailsElon Musk explains why he backs Dogecoin ElonMusk DOGE DogeArmy DogeFam CryptoCommunity Cryptonews CryptocurrencyNews
Read more »
Amid $258 Billion Lawsuit, Elon Musk Continues Voicing Support For DogecoinElon Musk continues voicing support for crypto meme coin Dogecoin both on Twitter and in-person despite facing a lawsuit alleging his involvement in a 'Dogecoin Pyramid Scheme,' and Dogecoin's value is rising at the same time.
Read more »
Elon Musk denies telling people to invest in cryptocurrencyTesla CEO and Dogecoin enthusiast Elon Musk said on Tuesday that he “never said that people should invest in crypto[currency]” as retail investors feel the sting of the plummeting digit…
Read more »
Elon Musk sued for $258 billion over dogecoin ‘pyramid scheme’ | New York PostElon Musk was hit with a $258 billion lawsuit that alleges the tech mogul and his high-profile companies “are engaged in a crypto pyramid scheme by way of do...
Read more »
Elon Musk says SpaceX will accept Dogecoin for some merchandise, though the crypto is down 90% from all-time highDogecoin on Tuesday jumped 14% over the past 24 hours to around $0.068, after Elon Musk reiterated his support for the meme coin.
Read more »