Security News > 2023 > December > New cybercrime market 'OLVX' gains popularity among hackers
A new cybercrime marketplace, OLVX, has emerged and is quickly gaining new customers looking to purchase tools to conduct online fraud and cyberattacks.
OLVX follows a recent trend where cybercrime marketplaces are increasingly hosted on the clearnet instead of the dark web, making them more accessible to a broader range of users and possible to promote through search engine optimization.
ZeroFox researchers, who first identified OLVX in early July 2023, have reported a substantial uptick in activity on the new marketplace in the fall, noting a rise in both sellers and buyers.
"While the OLVX marketplace offers thousands of individual products across numerous categories, its site administrators maintain relationships with various cybercriminals who create custom toolkits and can obtain specialized files, thereby furthering OLVX's ability to maintain and attract customers to the platform." explains ZeroFox.
Buying on OLVX. OLVX does not use an escrow service like most markets of this kind, but instead offers a "Deposit to direct payment" system supporting Bitcoin, Monero, Ethereum, Litecoin, TRON, Bitcoin Cash, Binance Coin, and Perfect Money.
OLVX hosts thousands of low-cost digital items, software, and services to conduct cybercrime or enhance existing operations.