One of the most well-known dark markets is looking to add support for ethereum in the coming weeks.
A moderator for AlphaBay – one of the world's most popular dark markets, according to data from DeepDotWeb – took to Reddit over the weekend to announce that it would integrate ether payments beginning on 1st May.
According to a PGP-signed moderator post on the AlphaBayMarket subreddit, recent price increases drove the integration decision.
The moderator wrote:
"We are currently laying out the framework to make ETH acceptance possible, and we will enable ethereum deposits and withdrawals starting May 1st, 2017. Vendors wishing to accept ethereum can edit their listings and set the 'Accept ETH' to 'On' in order to be able to be paid in ethereum."
It's not the first time the market has looked to digital currencies beyond bitcoin for listing. AlphaBay previously made waves in August 2016 when the market announced the integration of privacy-centric digital currency monero as a payment.
The moderator indicated that other platform upgrades are pending.
"We have plenty of new stuff in the works, so expect more updates in the near future," they said.
Image via Shutterstock
Delaware Governor Signs Blockchain Bill Into Law
The governor of the US state best known as the home to a majority of the country's incorporated businesses has officially signed a bill making it explicitly legal for those entities to use blockchain
Goldman Sachs to Bitcoin Investors: Be Patient, Bitcoin Over $3600
Sheba Jafari, the widely acknowledged market predictor for Goldman Sachs, reported Sunday night that she still sees Bitcoin as bullish and suggests the potential for a rise above $3600. Jafari
Cryptocurrency Market Cap Crosses $95 Billion…Again
The cryptocurrency market cap has once again crossed the $95 Billion mark today after a rough few weeks, according to analysts. The previous peak had occurred at the beginning of June when the mood
Kosovo to Get First Bitcoin ATM, As Its Central Bank Warns Against Cryptocurrencies
According to a report from Balkan Insight, Kosovo is about to be the next country to have a bitcoin ATM.
IT systems firm Albvision Ltd recently distributed a press release in Kosovo and Albania sta
Start Your Hedging: LedgerX to Begin Trading Cryptocurrency Derivatives
For the first time ever, the U.S. Commodity Futures Trading Commission (CFTC) has given permission to a private company to exchange and clear any number of cryptocurrency derivatives.
After three y
You may soon be able to trade options on bitcoin, ethereum
The U.S. Commodity Futures Trading Commission announced Monday it unanimously approved digital currency trading platform LedgerX for clearing derivatives. LedgerX initially plans to clear bitcoin
Ethereum Market: How to Make Blockchain Work Better For e-Commerce
From transaction records to payment system, the global e-commerce sector which is projected to increase to $4.058 tln by 2020 needs the Blockchain to evolve with the growing trend, particularly in
Ziber is Trying to Redirect Mobile Calls to the Blockchain With Ethereum & ICO
Ziber, a mobile client and Ethereum blockchain network that is attempting to drastically lower international mobile call costs, is conducting its token sale of initial coin offering (ICO) on July 27,