Report: Bitcoin Use on Darknet Markets Doubled in 2018

Report: Bitcoin Use on Darknet Marketplaces Doubled Throughout 2018Bitcoin use on darknet markets (DNMs) doubled in 2018, a study has shown, rising to an average of $2 million per day. Bitcoin has long been used to buy goods on the darknet due to its relative anonymity, and looks set to remain a favorite on DNMs, despite the existence of more privacy-focused cryptocurrencies. Also […]

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Former Silk Road Founder Writes to Roger Ver, Asks for Help in Legal Battle

ross ulbricht

Its been a bit over five years now since Ross Ulbricht was put behind bars. Ross was the founder of Silk Road, a dark web marketplace that listed all sorts of products and services, both legal and illegal. In as much as Silk Road facilitated some illegal activity, it was one of the pioneers of […]

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Bitcoin ATMs Targeted by Malware for Sale in Underground Markets

Bitcoin ATMs Targeted by Malware for Sale in Underground MarketsMalware aimed at Bitcoin ATMs is being sold in underground markets, according to Trend Micro security researchers. For $25,000, malware exploiting a service vulnerability allows users to nab bitcoin price equivalent in euros, USD, or British pounds. Also read: Bitcoin’s Hopeful Numbers: 70% Familiar in the United States For $25,000, Bitcoin ATM Malware is Available […]

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What Does the Future Hold for Augur’s Prediction Market?

What Does the Future Hold for Augur’s Prediction Market?Following great delays and great fanfare, Augur’s decentralized prediction market has launched. One week on, an examination of the sort of wagers it’s attracted shows the ways in which the Ethereum-based project can be harnessed as well as the potential hazards. How decentralized is Augur and, if push came to shove, could the platform prove […]

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Dark Web Alleged Silk Road Conspirator Handed to US Authorities

Dark Web Alleged Silk Road Conspirator Handed to US AuthoritiesDark web alleged Silk Road conspirator, Gary Davis of Ireland, agreed recently to be extradited to the United States. Once on US soil, he will face charges levied against him five years ago in connection with the eventual conviction of Ross Ulbricht (who prosecutors claim was the site’s mastermind). Mr. Davis, should he be convicted, […]

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European Police Forces Seize Over €4.5M in Crypto From Darknet LSD Market

European Police Forces Seize Over €4.5M in Crypto From Darknet LSD MarketIt appears that there is an international crackdown on darknet marketplaces trading cryptocurrencies for recreational drugs. Soon after American undercover agents exposed dozens of vendors, European forces conducted what Europol calls “Europe’s biggest ever LSD bust.” Also Read: US Authorities Seize Over $20M in Crypto in Massive Darknet Crackdown “Europe’s Biggest Ever LSD Bust” The […]

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$17 Million Worth Of Bitcoin Seized From A Dark Web Drug Ring

Bitcoin has been associated with criminal activities for a long time now and while the crypto community has refuted such claims, an increasing number of instances involving the use of Bitcoin in crime suggest otherwise. The latest is the indictment of two men from Maryland by the US Department of Justice. The two were allegedly […]

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US Authorities Seize Over $20M in Crypto in Massive Darknet Crackdown

US Authorities Seize Over $20M in Crypto in Massive Darknet CrackdownUS authorities have revealed that their agents had been operating undercover on the Darknet for the past year. The massive operation uncovered the true identity of over fifty vendors on sites such as Silk Road, Alpha Bay, Hansa, Dream, and more. Over 35 people have already been arrested and goods worth over $23.6 million have been […]

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