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Dark Web marketplace AlphaBay to add Ethereum support

Internet's Dark Web marketplace AlphaBay announced that it will add the support for Ethereum following the popularity and recent price hike showing a growing interest towards the cryptocurrency.

“We are implementing Ethereum acceptance and the new currency, including deposits and withdrawals, will be fully operational on May 1st, 2017,” the reddit post stated. “We have plenty of new stuff in the works, so expect more updates in the near future.”

The Dark Web is currently laying out the framework in order to make ETH pair acceptance possible. Ethereum will be AlphaBay’s third supported cryptocurrency, after bitcoin support followed by Monero in August 2016.

The price of Ethereum is seen surging high above from around $15 on March 8 to $45 on March 17. Ethereum stands second among the blockchain assets with its market cap around $3,930,417,277 at press time. ETH/USD is seen trading currently at 42.11 at the time of writing.

With the AlphaBay announcement, the ETH trading received another spike similar to how Monero value rose dramatically after AlphaBay added its support in August last year.

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