Tag: Silk Road

A New Bitcoin World

Snowden Releases NSA Documents Showing Bitcoin Was “#1 Priority”

Snowden Releases NSA Documents Showing Bitcoin Was "#1 Priority"Xkeyscore. MAC addresses. OAKSTAR. MONKEYROCKET. Edward Snowden is at it again. This time the world’s most notorious whistleblower has handed over National Security Agency (NSA) documentation to online investigative news outlet The Intercept revealing an invasive covert program to track bitcoin users using spy tools he uncovered during his infamous first go-round. The implications include the […]

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March 21, 2018 0

Some of Bitcoin’s Earliest Adopters Find it Difficult to ‘Cash Out’

Wealthy Darknet Vendors Have Issues 'Cashing Out'The price of BTC had increased in value significantly over the years, reaching $19,600 at its highest peak – and the exchange rate rests at $8,500 today. This is a stark contrast to just over a year ago when the digital currency’s value was under $1,000 per coin. Since the fiat value has increased so […]

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March 20, 2018 0

New Research: Laundering of Illicit Funds Less than 1% of Bitcoin Transactions

Research Concludes that Laundering of Illicit Funds Constitutes Less than 1% of Bitcoin TransactionsThe Foundation for Defense of Democracies’ Center of Sanctions and Illicit Finance in conjunction with blockchain analytics company, Elliptic, has published a study seeking to track the circulations of illicit funds within the bitcoin economy from 2013 to 2016. The research concludes that the share of funds of illicit origin comprises less than one percent […]

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January 20, 2018 0

Openbazaar 2.0 Beta Launches with Tor, Offline Stores, Shapeshift and Segwit

Openbazaar 2.0 Beta Launches with Tor, Offline Stores, Shapeshift and SegwitOpenbazaar 2.0, a major upgrade from the previous version, has been released. The fully-functional public beta expands the peer-to-peer app with several new features including Tor integration, improved search, a bitcoin wallet, new vendor tools, and stores that stay online. Also read: Russia’s Finance Ministry Drafts Law to Legalize Cryptocurrencies Openbazaar 2.0 Beta Launches Openbazaar […]

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September 11, 2017 0