Monero to Replace Bitcoin as Currency of Criminals in Dark Web

Reports are out that Bitcoin is now being dropped for Monero by some of its earliest and most avid users: underworld criminals.

There is no doubt that Bitcoin is the king when it comes to cryptocurrencies. Over recent years, this virtual currency has steadily made its way to the top, earning the interest of millions of people around the world. However, lawbreakers are not particularly happy with its gained popularity and are reportedly dropping Bitcoin for another cryptocurrency, Monero.With the advent of new tools developed by software firms to track Bitcoin transactions plus the global call for the regulation of the said digital currency, Dark Web and underworld criminals are left with no choice but to shift to other privacy coins.According to a report from Bloomberg, privacy coins such as Monero, which are designed to avoid tracking, have climbed faster over the course of two months as a result of law enforcement crackdowns..