Litecoin is gaining popularity on the dark web, a new report has revealed, and is now the second most popular cryptocurrency token among its vendors.
The report said: “Bitcoin remains the gold standard in the dark web, with all vendors accepting it as a payment, and Litecoin emerged as the second most popular currency, with 30 per cent of all vendors who implemented alternative payment methods willing to accept it.
“Dash is closely trailing Litecoin with 20 per cent of the market. Unexpectedly, Bitcoin Cash was the third more common cryptocurrency with 13 per cent of vendors trusting it as a payment method.”
This is troubling news for the cryptocurrency, as the report warns that Litecoin could be part in the mainstream criminallity of cyber-attacks as a result.