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Chinese Labs Are Selling Fentanyl Ingredients for Millions in Crypto

FENTANYL HAS LONG been one of the most dangerous wares of the underworld cryptocurrency economy—so dangerous, in fact, that even many dark-web markets have banned it. But new research shows that cryptocurrency is playing a different role in that deadly opioid’s supply chain:

Cryptoverse: Busy bitcoin births new breed of crypto

Daily transactions have rocketed to an all-time high of 682,000 this month, according to data from Glassnode, almost 40% higher than the previous peak in 2017. Bitcoin’s dominance, or its share of the overall $1.16 trillion cryptocurrency market, has swelled to 44% from 38% at the start of the year.

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