Tag: darknet

Aug 19 2021

Darknet Bitcoin Mixer Operator Bust, Judge Says Bitcoin Is Money

The defendant faces 20 years in prison, had previously argued he was not guilty because bitcoin is not money for U.S. law, but the judge rejected it.On August 18, an Ohio resident pleaded guilty to money laundering conspiracy charges arising from the operation of a Darknet bitcoin mixing service between 2014 and 2017, as the case's judge recognized bitcoin to be a...

Feb 08 2021

Potential India Crypto Ban, Worldwide Darknet and Virgil Griffith’s Saga Continues

Crypto restrictions in India, fresh darknet market research from Chainalysis and the newest chapter in Virgil Griffith’s North Korea saga.

Dec 03 2020

Darknet Markets Face Headwinds After Year of Mixed Results

Dec 03 2020 Published at CoinDesk under tags  chainalysis ciphertrace darknet elliptic news

Darknet markets are falling off the radar and watching their customer base level off.

Nov 06 2020

U.S. Govt. Seizes $1B in Bitcoin from Hacker of Darknet Marketplace Silk Road

Nov 06 2020 Published at Blockonomi under tags  bitcoin darknet darkweb marketplace security

The U.S. Department of Justice (DOJ) shut down the infamous Silk Road darknet marketplace back in 2013, yet the saga -- which has been intricately linked with bitcoin (BTC) since it was the platform's currency of choice -- continues to thicken. That's because earlier this week, the fourth-largest bitcoin wallet moved 69,369 bitcoins -- roughly [...] The post U.S. Govt. Seizes $1B in...

Oct 01 2020

The Long and Winding Story of Silk Road, Bitcoin’s Earliest Major Application

This article originally appeared in Bitcoin Magazine's 10th anniversary print edition. Silk Road, the online marketplace named for the historic network of trade routes established during the Han Dynasty, went live in February 2011. Its domain was accessible only on the so-called “dark...

Sep 29 2020

Bitcoin Marketplace OpenBazaar Narrowly Escapes Bankruptcy Thanks to Donations

Sep 29 2020 Published at Crypto Briefing under tags  business darknet

Bitcoin marketplace OpenBazaar has secured a donation that will allow it to continue operating for one year, following an announcement that it had run out of funding. BREAKING NEWS! An anonymous donor has agreed to cover the costs to run OpenBazaar infrastructure through at least the end of the year....

Jul 16 2020

As Analytics And Privacy Efforts Clash, Which Path Will Bitcoin Take?

This article originally appeared in our Weekly Bits newsletter. If you want our news and analysis before anyone else, make sure you subscribe now! Two pieces of Bitcoin news this week seemed to point toward conflicting trends that are central to this era of the technology. As Bitcoin becomes more popular, regulators are seeking ways to monitor its use while, at the...

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