Translate

Friday, 13 December 2019

Russian dark web market Hydra wants $146M in Bitcoin to expand globally


Infamous Russian dark web marketplace Hydra is seeking to raise $146 million by selling tokens for Bitcoin, CoinDesk reports. Funds generated by Hydra’s initial coin offering (ICO), which is reportedly scheduled to begin December 16, will supposedly be used to expand operations to a global scale. According to CoinDesk, which cites an investment document hosted by the site, Hydra says it will issue 1,470,000 tokens sold for $100 worth of Bitcoin each, offering 49 percent of that supply to the general public. If purchased in bundles of 100, Hydra says it will provide buyers with 0.00333333 percent share of its profit —…

This story continues at The Next Web

Or just read more coverage about: Bitcoin