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World’s first Jihadi crowdsourcing platform on the dark web, SadaquaCoins

Ajay Narayan

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World's first Jihadi crowdsourcing platform on the dark web, SadaquaCoins
Source: Unsplash

SadaquaCoins is the worlds first crowdsourcing platform on the dark web, this crowdsourced project has allowed individuals to anonymously fund the Mujahideen community to help them buy weaponry and other types of equipment necessary for their fight against the opponents of Islam. They also request donations to assist the SadaquaCoins project as they are quite new to the field of crowdsourcing development.

In a tweet by the members of the mujahideen community, “anyone who wants to anonymously fund the Mujahidin is welcomed to do so on the dark web”. The opening line on the banner of sadquaCoins mentioned:

“Never will you attain the good (reward) until you spend (in the way of Allah) from that which you love. And whatever you spend indeed, Allah is Knowing of it.”

Jihadi extremists holding a banner for cryptocurrency crowdsourcing

Jihadi extremists holding a banner for cryptocurrency crowdsourcing | Source: Twitter

SadaquaCoins can be accessed through the tor browser only through its onion link [sadaquabmnor4ufnj.onion]. The combining of technology with cryptocurrency crowdsource financing as well as dark web marketplaces has resulted in the Jihadi movement becoming more successful.

What makes this site very intriguing is that this is not the only way to directly fund jihad activities but also a platform where financial requirements are met for various projects from the Mujahidin, Muhajirin, and Ansar. These pages promote all such Mujahidin projects and the people who are interested to contribute can pay through Bitcoin, Monero, or Ethereum. They also said, “more [other] cryptocurrencies will be accepted in the future if Allah wills”.

The cryptocurrency which is donated through crowdsourcing is used to buy different types of machinery and equipment, including a 4×4 pickup vehicle, a .50 bolt action rifle, silencer, camera, wind reader, optics or ammunition, each of them has its own explanation and a price tag.



These donations are also used to equip items such as a tor server to expand their tor onion site, Intel laptops, to pay for translation work for the site and services. They also purchase hardware cold wallets to store the cryptocurrency on a platform that is not connected to the internet and protect the wallet from unauthorized access and cyber hacks.

Bitcoin donations are not so anonymous and can be revealed using open-source information. Whereas Monero’s explorer only allows hashes to be explored and not their addresses. The Policing and counter-terrorism agencies have been developing their skills in investigating cybercrime and cryptocurrency tracing. Some of the investigations have proved that such donations and purchases could be traced with the available data.





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Ajay Narayan is a full-time journalist at AMBCrypto. He has majored in Economics, Political Science and Sociology. His interests are inclined towards writing and investing in cryptocurrencies.

Analysis

Tron [TRX] surges 7.50% in an hour after Justin Sun hints at ‘huge and amazing’ announcement in TRX, BTT ecosystem

Biraajmaan Tamuly

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Tron [TRX] surges 7.50% in an hour following a "Something huge" Justin Sun announcement
Source: Pixabay

Justin Sun’s Tron [TRX] has been one of the top performers in the recent price surge, which collectively improved the overall market cap of the virtual asset. At press time, Tron exhibited another major surge, as the one-hour chart experienced a rapid hike of 7.50%, according to Trading View.

Source: Trading View

According to CoinMarketCap, Tron was the eleventh largest cryptocurrency at press time with a market capitalization of $1.93 billion. The trade volume for the token was around $709 million and the coin was priced at $0.0289.

The token was traded the most on the Fatbtc exchange via the TRX/ETH pair, which accounted for 8.52 percent of the volume, equivalent to $63 million. BW.com exchange followed up in second place with a trade volume of 8.44 percent via the trade pair TRX/USDT.

Crypto enthusiasts attributed the current price surge to a statement made by Justin Sun on Twitter, where he hinted at a major announcement with regards to Tron and BitTorrent.



He stated,

Source: Twitter

The announcement gathered the attention of the crypto-community and the market responded to the announcement as capital started flowing into the token’s market. Jayden Crypto, a popular crypto-trader, also responded to the upcoming announcement and indicated that a major flash hike might be in the offing for Justin Sun-led cryptocurrency.





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