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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
The U.S. Department of Treasury has sanctioned three alleged narcotics operators and their crypto addresses.
US Treasury Targets Crypto Addresses of Alleged Narcotics Traffickers
Max Boddy
2019-08-21T20:41:00+01:00
6881
News
A drug-dealing couple has pleaded guilty to selling a variety of controlled assets on the dark web in exchange for cryptocurrencies.
Dark Market Drug Dealers Plead Guilty, Forfeit Crypto Proceeds
Max Boddy
2019-08-07T22:45:00+01:00
4293
News
A Florida man has pled guilty to participating in a multi-million dollar Bitcoin-enabled drug-dealing and money laundering network.
‘Chems_USA’ Pleads Guilty to Bitcoin-Enabled Dark Web Opioid Conspiracy
Marie Huillet
2019-07-29T16:54:00+01:00
3834
News
Spanish law enforcement pointed out that Bitcoin ATMs show a gap in European Union’s anti-money laundering regulation.
Spanish Police: Bitcoin ATMs a Blind Spot for Money Laundering Laws
Adrian Zmudzinski
2019-07-11T12:42:00+01:00
4987
News
$515 million in Bitcoin has been spent on illegal activities in 2019, but this only accounts for 1% of total BTC transactions.
$515 Million in Bitcoin Spent on Illicit Activity This Year
Max Boddy
2019-07-03T00:05:00+01:00
11052
Analysis
The FDA needs to track drugs by 2023, but will it go with blockchain?
Tracking Drugs on Blockchain: How Significant Is Walmart and IBM's New Collaboration?
Simon Chandler
2019-06-22T07:57:00+01:00
8678
News
The U.S. Food and Drug Administration teamed up with four major global companies to boost drug supply chains with blockchain.
US FDA Partners With IBM and Walmart to Improve Drug Supply Chain Using Blockchain
Helen Partz
2019-06-13T15:09:00+01:00
3061
News
The Wall Street Market, the world’s second largest dark web market, was shut down with six figures in crypto seized by police.
German Police Seize Six Figures in Crypto From Suspects Involved in Dark Web Site
Helen Partz
2019-05-03T16:54:00+01:00
6556

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