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Alleged founder of Silk Road, Ross Ulbricht, marked his fifth year in prison. October 1st, 2013, Mr. Ulbricht began a double life sentence without the possibility of parole for his alleged founding and running of the Silk Road online marketplace. On the occasion of his fifth full year, FreeRoss.org launched a new project to raise awareness […]
The post Ross Ulbricht Marks Fifth Anniversary in Prison appeared first on Bitcoin News.
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At press time, bitcoin is trading for just shy of $6,400. While it’s good news that the currency hasn’t dropped any further than it already has, it’s disappointing to see bitcoin stay where it’s been over the past few days and refuse to budge. Well, this may be about to change. Many analysts agree that […]
The post Bitcoin Price Watch: Is $6,500 Imminent? appeared first on NullTX.
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This month the US District Court of Eastern California has been very busy dealing with cases involving the infamous and now defunct darknet marketplace the Alphabay. The Federal courthouse in Fresno just recently wrapped up the forfeiture case involving the alleged Alphabay leader Alexandre Cazes. Further, the Fresno courthouse has charged and have plans to […]
The post US Confiscates Millions in Cryptocurrencies in Alphabay Forfeiture Case appeared first on Bitcoin News.
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The bitcoin security specialists Wizsec has recently explained to the public that the wallet that held more than 111,000 BTC did not derive from the Silk Road marketplace, and it’s also not one of the Mt Gox wallets. Further Wizsec detailed today that a recent article had quoted the organization by cherry-picking quotes which in […]
The post Security Specialist Wizsec Gives Insight on the Billion Dollar BTC Wallet appeared first on Bitcoin News.
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Pablo Escobar. Joaquín ‘El Chapo’ Guzmán. Rick Ross. Household names, each and every one of them; drug lords collectively responsible for punting billions of dollars’ worth of narcotics. Yet their crimes pale in comparison to those their prosecutors have been perpetrating for years. After decades of fueling proxy wars and trafficking, the US government has […]
The post Government-Funded Drug Trafficking Makes USD the World’s Dirtiest Currency appeared first on Bitcoin News.
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Since the dawn of the Silk Road and the myriad of darknet markets (DNM) that followed, it’s been a cat and mouse game between law enforcement and DNM vendors and users. Also read: Proof-of-Stake is a Rebranded Version of the Old Financial System Operation Bayonet For a while, after the Silk Road was taken down it […]
The post The Darknet Cat and Mouse Game: Law Enforcement Gains More Traction appeared first on Bitcoin News.
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Speculation has been swirling around a BTC wallet held dormant for over four years that is suddenly showing movement. That it contains something on the order of nearly one billion dollars worth of bitcoin core (BTC) has the ecosystem in both investigative mode and panic, as it could signal a giant dump at the very […]
The post $800M BTC Wallet Reactivates: Tens of Millions to Exchanges appeared first on Bitcoin News.
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Interest has piqued in a bitcoin wallet that’s lain dormant for four years. This week’s movement of the funds it contains, worth close to $850 million, has sparked intense debate over whose address it might be. Regardless of which whale holds the rights to it, the wallet’s very existence demonstrates the drawbacks of holding a […]
The post Storing a Lot of Bitcoins in One Wallet Is a Bad Idea appeared first on Bitcoin News.
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The path to a cryptocurrency revolution might just run through a sleepy Austin, Texas industrial park, home to offices of Cody Wilson and his company, Defense Distributed in the United States. Parallels exist between downloadable files from a website, allowing users access to 3D printable firearms, and a permissionless, decentralized, censorship-resistant medium of exchange. If […]
The post Bitcoin is a Permissionless, Decentralized Firearm: Cody Wilson is Satoshi Nakamoto appeared first on Bitcoin News.
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