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Drugs News

Drugs are any substance that is somehow consumed by an individual with a temporary effect on their physiological and often psychological state of their organism. Drugs are often used for medical purposes, such as anesthesia or as cures for psychological diseases. Still, most drugs have strong side effects with addiction being the most important one. As governmental drug control is often very strict, drug consumers try to find other means of purchasing the drug they want. Internet dark markets offer them the opportunity to buy drugs with Bitcoin or other cryptocurrencies. The Bitcoin drug market is growing over time as more people get used to new payment technologies. Still, blockchain may be also used for developing legal drug purchasing systems. Blockchain technology may help with eliminating counterfeit drugs by recording all the information about licensed products.
News
China’s Zhejiang province processed $5.9 billion via a blockchain medical billing platform using Ant Financial’s blockchain tech.
China’s Zhejiang Processes $6B via DLT Medical Billing Platform
Helen Partz
2019-11-18T16:36:00+00:00
3130
Local News
In this week’s news from Cointelegraph Japan, a new association promoting crypto assets in antiquing was born and a well-known trader was arrested.
Crypto News From Japan: Nov. 11–17 in Review
Adrian Zmudzinski
2019-11-16T18:19:00+00:00
3457
News
Following a guilty plea, a U.S. court has ordered a dark web drug dealer to give up over $150,000 in Bitcoin.
US Court Orders Dark Web Drug Dealer to Forfeit $150K in Bitcoin
Kollen Post
2019-10-26T21:44:00+01:00
15144
News
Former Iraqi interpreter for the U.S. military sentenced to 30 years in jail for selling fentanyl on the dark web, taking payment in crypto.
Former US Army Interpreter Gets 30 Years for Dark Web Fentanyl Trade
Joeri Cant
2019-10-05T21:05:00+01:00
15879
Analysis
The online drug trade is on the rise. Learn about Bitcoin’s involvement and whether it is able to completely replace cash in the drug trade in the near future.
Crypto, Cash and Drugs: Crypto Use Grows as Drug Trade Digitalizes
Joseph Birch
2019-09-08T16:48:00+01:00
13360
News
A United Nations official warned that cryptocurrencies have made combating money laundering significantly harder.
UN Official: Cryptocurrency Makes Criminals Harder to Catch
Adrian Zmudzinski
2019-08-29T14:36:00+01:00
4902
News
A man apprehended for selling two pounds of meth to an undercover agent pleaded guilty to running a $25 million money laundering scheme using Bitcoin.
US Man Pleads Guilty to Running $25 Million Bitcoin Laundering Scheme
Adrian Zmudzinski
2019-08-24T19:50:00+01:00
9898
News
The White House named Bitcoin, Bitcoin Cash, Ethereum and Monero among the methods of buying illicit substances such as fentanyl in the United States.
Cryptocurrencies Used to Buy Illicit Drugs, Says White House
Liam Frost
2019-08-22T08:05:00+01:00
4384

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