silk road

silk road

Bitcoins ... What Are Those Again?

readwrite.com
Bitcoins, the digital currency that's been making headlines almost nonstop lately, suffered a major price crash yesterday, losing more than half its value in under 24 hours. That shock movement is shaking the peer-to-peer economy and any shred of trust in the currency's stability. And it's also making a lot of people...
Bitcoins ... What Are Those Again?

The coming political battle over Bitcoin

www.washingtonpost.com
Given that Bitcoin first broke into mainstream attention when Gawker explained how to use it to buy drugs, perhaps the surprise is that it took federal regulators this long to take action against it. In the wake of the Gawker story two years ago, Sen. Chuck Schumer (D-N.Y.) described Bitcoin...
The coming political battle over Bitcoin
Wary of Bitcoin? A guide to some other cryptocurrencies

Silk Road: the online drug marketplace that officials seem powerless to stop

www.guardian.co.uk
Authorities around the world know about the website, but closing it is another matter - partly because it uses BitcoinsMark Johnson* rifles through his mail as he gets home from work. Among the usual bills is a small padded envelope. Though it doesn't have his name on, it's the package...
Silk Road: the online drug marketplace that officials seem powerless to stop

Joyent: Data centers are the new factories, making and moving bits

gigaom.com
The data-center business may seem like something brand new, but in many ways it is really just a virtual version of the traditional container-shipping business, Joyent founder and chief technology officer Jason Hoffman told attendees at GigaOM’s Structure Europe conference on Tuesday morning in Amsterdam. And just as the development...
Joyent: Data centers are the new factories, making and moving bits

Google Once Considered Making Its Own Currency (GOOG)

www.businessinsider.com
Google once considered its own digital money system called Google Bucks, but scrapped it because of regulatory concerns. Google Chairman Eric Schmidt is delivering a keynote speech at the Mobile World Congress trade show in Barcelona. A questioner asked him if he'd like to take a look at an...
Google Once Considered Making Its Own Currency (GOOG)

Bitcoin merchants working to attract adoption with their own Black Friday

thenextweb.com
A group of Bitcoin merchants have banded together to create Bitcoin Friday, their own take on Black Friday sales, the American Banker reports. Bitcoin Friday is set for the 9th of November. The goal of the event is to show consumers that transacting with Bitcoins can be cheaper and save...
Bitcoin merchants working to attract adoption with their own Black Friday

How To Buy Any Illegal Drug You Want On The Secret Internet For Criminals

www.businessinsider.com
A website called the Silk Road enables you to buy drugs as easily as you would buy an item on eBay. We've previously reported on the Tor network, an anonymous collection of sites that exist in semi-secrecy, outside of the scope of Google, Facebook, and even conventional web browsers. This...
How To Buy Any Illegal Drug You Want On The Secret Internet For Criminals

REPORT: Infamous Bitcoin Marketplace SilkRoad Is On The Verge Of Collapse Abd Suffering Massive Hyperdeflation

www.businessinsider.com
One of the best things that Bitcoin has going for it is that there are places online where it's used exclusively. The infamous site SilkRoad is a marketplace for drugs and other illegal wares, where Bitcoin is the currency of choice. Izabella Kaminska points to a report from Willard Foxton...
REPORT: Infamous Bitcoin Marketplace SilkRoad Is On The Verge Of Collapse Abd Suffering Massive Hyperdeflation

Australian cops tout arrest of man for Bitcoin drug deal

arstechnica.com
Two Australian law enforcement agencies are crowing about their arrest of a man who attempted to import illicit drugs into Australia using the online drug marketplace Silk Road. In a press release brought to our attention by CSO, the Australian Federal Police (AFP) and the Australian Customs and Border Protection Service...
Australian cops tout arrest of man for Bitcoin drug deal

Bitcoin: How An Unregulated, Decentralized Virtual Currency Just Became A Billion Dollar Market

techcrunch.com
Hang around in the tech industry long enough and you or someone you know will be heard saying, “that’s so crazy it just might work.” Two years ago, if you’d told me that an open-source, P2P currency would soon be a thriving, billion-dollar market, I would’ve told you that you...
Bitcoin: How An Unregulated, Decentralized Virtual Currency Just Became A Billion Dollar Market

Silk Road, Another HR Software Service in the Cloud, Lands $35 Million

allthingsd.com
One of the evolving themes of the year has been the heat coming from the otherwise sleepy world of human resource software — applications companies use to manage their people and payroll. For years the applications were traditional on-premise software — you’d run it on a server or a series...
Silk Road, Another HR Software Service in the Cloud, Lands $35 Million

Why Bitcoin lives in a "legal gray area"

arstechnica.com
When news of Silk Road, the secretive online marketplace that allows drugs to be purchased with bitcoins, broke last year, Sen. Charles Schumer (D-NY) was not pleased. He denounced the currency as a "an online form of money laundering." Despite the Senator's bluster, though, the Bitcoin network continues to operate...
Why Bitcoin lives in a "legal gray area"

Bitcoin: more than just the currency of digital vice

www.guardian.co.uk
Bitcoin, the digital coin with a questionable past, is gaining ground as a legitimate currency, trading at $32 a share last weekDale doesn't exactly look like an international cryptocriminal. He's soft-spoken, baby-faced and a senior at an Ivy League college. But every couple of weeks the political science major logs...
Bitcoin: more than just the currency of digital vice
Met museum opens up hundreds of art books with online access and print on demand

Two Hackers Build A Way To Pay For Your Pizza With Bitcoins

techcrunch.com
While the question remains whether or not you should be eating Domino’s pizza at all, a clever service now allows you to pay for your pie with Bitcoins. The service is far from an official Domino’s app and is instead a gateway or broker between the world of pizza and...
Two Hackers Build A Way To Pay For Your Pizza With Bitcoins

Confirmed: Hyperdeflation Is A Problem For Bitcoin

www.businessinsider.com
We previously speculated there was a major danger in surging Bitcoin prices: it would eventually harm the Bitcoin economy. That's because, when a currency goes up, people hoard said currency, and that creates deflation. And when prices explode upward in a parabolic manner, then that can result in hyperdeflation. And...
Confirmed: Hyperdeflation Is A Problem For Bitcoin

Bitcoin will continue to function beyond the reach of government and law | James Ball

www.guardian.co.uk
Law enforcement caught up with money laundering hub Liberty Reserve but will struggle with decentralised online currenciesWhen talking about the online currency Bitcoin - a currency backed not by any nation state, but instead a series of mathematical rules - coverage tends to focus either on the surging value of...
Bitcoin will continue to function beyond the reach of government and law | James Ball

SecPoint Will Allow You To Access The Secretive Silk Road Black Market From Any Browser

techcrunch.com
Needs some pharmacologicals? Dirty deeds done dirt cheap? There’s an app (or website) for that. For years, the Silk Road has been a source for black market dealings. Hidden on the Tor network, Silk Road is technically unreachable from the “normal” Internet without special secure software. Now, however, a few...
SecPoint Will Allow You To Access The Secretive Silk Road Black Market From Any Browser

Internet drug dealing on the rise, survey finds

www.guardian.co.uk
Global Drug Survey suggests Silk Road is just the most visible aspect of a much larger online drug-dealing phenomenonThe internet is starting to rival the backstreet as a place to buy illicit drugs, according to findings from the 2013 Global Drugs Survey, with 22% of users reporting the had bought...
Internet drug dealing on the rise, survey finds

Booting Up: Silk Road Founder Unruffled by Bitcoin Ups and Downs

betabeat.com
Oh hello. There are now 150 million Snapchats sent every day. Very few of them are sent by people older than 30. [Business Insider] Facebook is testing ads in your Graph Search, but so far they’re not based on your searches. (So you won’t get an eHarmony ad when you...
Booting Up: Silk Road Founder Unruffled by Bitcoin Ups and Downs
Tor anonymizing tool stymied FBI child porn inquiry, document reveals
Online drug dealers back on Silk Road after mysterious two-week outage
Coinbase Leads Charge In The Consumerization Of Bitcoin

An Aussie Goes to Jail for Silk Road Imports, But Is It a Crackdown or Low-Hanging Fruit?

betabeat.com
Not as glamorous as the movies make it seem. (Photo: Redbox.com) Talk about a dubious distinction: Wired reports that an Australian man named Paul Leslie Howard is now the first to be convicted of a crime involving Silk Road, the Mos Eisley of the Internet. Mr. Howard copped to importing hard drugs using...
An Aussie Goes to Jail for Silk Road Imports, But Is It a Crackdown or Low-Hanging Fruit?

Federal Judge Alex Kozinski Talks About Using Tor To Surf Silk Road & The Armory For Drugs, Weapons And Hitmen

www.techdirt.com
While I don't always agree with him (who do I always agree with?), like many folks who follow legal issues, Judge Alex Kozinski, the chief judge of the court of appears for the 9th circuit, is one of my favorite judges. Known almost as much for his ability to entertain...
Federal Judge Alex Kozinski Talks About Using Tor To Surf Silk Road & The Armory For Drugs, Weapons And Hitmen

Booting Up: Turns Out Craigslist Can't Copyright Its Customers Listings

betabeat.com
SO THERE Things aren’t going so great over at the Silk Road. Where are nerds going to order their Molly now?! [Telegraph] Now any old rando can shell out for promoted tweets. Please, please let’s not start using this to promote resumes. [Ad Week] Craigslist can no longer spook startups...
Booting Up: Turns Out Craigslist Can't Copyright Its Customers Listings
Drugs, porn, and counterfeits: the market for illegal goods is booming online

Silk Road: Illicit Goods Plus Anonymity Equals... A Fairly Small Business

www.techdirt.com
The anonymous marketplace Silk Road got some attention about a year ago when Gawker did a big expose on the site, which can only be accessed via the TOR network, and which requires Bitcoin for all purchases. That bit of publicity also resulted in Senator Chuck Schumer demanding something be...
Silk Road: Illicit Goods Plus Anonymity Equals... A Fairly Small Business
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