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Bitmain Aims to Build a 300MW Texas Mining Farm
23.10.2019
The Beijing-based Bitmain Technologies and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to bolster Bitmain’s international expansion which will soon expand to 50MW of processing power and then extend the operation’s...
The Silk Road Investigation: A ‘Pattern of Bad Behavior and Double Agents’
23.10.2019
Kathryn Haun, a general partner at U.S. venture capital firm Andreessen Horowitz, has revealed in recent interviews how she helped take down the Silk Road when she was working for the Attorney General’s office. According to her accounts, the U.S. government agency also asked her to help...
Silk Road Prosecutor: 99.9% of Fiat Money Laundering Goes Unprosecuted
22.10.2019
“The financial services industry is spending $20 billion a year on AML and KYC. So I would ask you: is it even working? I don’t think it’s working”
6 Darknet Markets for the Crypto Curious
19.10.2019
If you’ve got a few thousand satoshis burning a hole in your wallet, the darknet beckons. There’s no obligation to spend a single sat while scouring the darker recesses of the web, but it’s nice to know that should you get the urge, your crypto’s good. There are...
200,000 People Have Signed Ross Ulbricht’s Clemency Petition
4.10.2019
Ross Ulbricht is forced to spend the rest of his life in prison, and October 1 marked the beginning of his seventh year behind bars. Ulbricht has recently authored a letter explaining that he’s “forgotten what freedom actually feels like” and he’s also realized that he lost...
Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin
3.10.2019
Last month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during...
No Victim, No Crime: How the Darknet Drug War Is Ruining Young Lives
2.10.2019
There aren’t many areas of modern society unaffected by the draconian war on drugs, and non-violent crypto exchange is no exception. Two San Diego men in their twenties reportedly pleaded guilty on Monday to charges of money laundering conspiracy, for selling cannabis on the darknet...
Despite Setbacks, Darknet Markets Show Continuous Growth in 2019
9.9.2019
Since the birth of the Silk Road, there’s been a cat and mouse game between global law enforcement and darknet market (DNM) operators. Over the last two years, law enforcement agencies have knocked out a slew of markets like Hansa and the massive Alphabay. Months later, Dream and Wall Street...
Mega Drug Pushers Johnson & Johnson Get Away While Peaceful Silk Road Is Destroyed
28.8.2019
It’s been said that those who protest the loudest are often the ones who are guilty, and when it comes to government and their pet corporations, things are no different. No surprise, then, that the blustery moralizing — and violent state force brought to bear against businesses —...
Bitcoin History Part 15: Silk Road Is Born
18.8.2019
Silk Road launched in February 2011 as the darknet’s first bitcoin-based marketplace. Within four months, it would be the darknet’s most notorious site whose reputation extended all the way to the U.S. Senate. The origins of the drugs marketplace can be traced back further, however,...
Ross Ulbricht Letter Questions the Wisdom of Imprisoning Non-Violent Offenders
29.6.2019
Forced to spend the rest of his days in a cage, Ross Ulbricht has recounted his situation in a letter, which explains how he’s spent more than 2,096 days in a U.S. federal penitentiary for running a website. Also Read: Bitcoin ‘Inventor’ Craig Wright Claims He Can’t Access...
I Started the Silk Road Wikipedia Page (Because Bitcoin)
8.6.2019
Online black marketplace Silk Road had quite the effect on bitcoin, being one of the technology's biggest use cases in the early days, and for a while it didn't have its own Wikipedia page – until this man
Mixing Service Bitcoin Blender Quits After Bestmixer Takedown
1.6.2019
On May 27, cryptocurrency supporters learned that the anonymous BTC mixer Bitcoin Blender would be shutting down. The news follows the recent closure of Bestmixer.io after it was seized by global law enforcement. Also read: Plea Bargain Means Silk Road 2 Admin Will Likely See No Prison Time Bitcoin...
Plea Bargain Means Silk Road 2 Admin Will Likely See No Prison Time
1.6.2019
Following the sentencing of Thomas White, the founder of the Silk Road 2 (SR2) marketplace during the first week of April, another SR2 administrator may evade prosecution. According to reports, SR2 admin Blake Benthall cooperated with global law enforcement and may only face fines for avoiding...
US Prosecutors Unseal Charges Against Alleged Silk Road Advisor
5.12.2015
The US government has unsealed charges against a former high-ranking employee of the Silk Road, the now-defunct dark market