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News Updates

Silk Road Moderator Peter Nash Sentenced to Time Served

Great news regarding Peter Nash one of the 3 arrested moderators of Silk road – according to to smh.com.au: An Australian man who moderated the discussion forums on the underground drug website Silk Road was sentenced to time served on Tuesday after already being in custody for 17 months. Peter Nash, 42, dropped his head into his hands as US District ... Read More »

Did The #2 Largest Dark Net Market, BlackBank, Exit Scammed?

Update: The exit scam is now confirmed. So, BlackBank market, one of the 3 current leading markets has been down for the past week or so for “security maintenance” (Does implementing a tumbler ring any sheep bells?) The most recent news posted on Blackbanks’ sub Reddit by blackbank_team, one of the market support staffer, seems to indicate that the admin, ... Read More »

Bitcoin News Roundup – 24 May 2015

Recapping the week’s biggest Bitcoins stories from around the web. The New York Stock Exchange favors the bitcoin, seeking to launch a bitcoin pricing index. As Seth Fiegerman of Mashable reports, following Bloomberg, Google and NASDAQ, the NYSE aims to introduce a leading bitcoin valuation system, providing investors with price information. Tom Farley, NYSE president states that “We are now ... Read More »

Patriot Act extension Dies; Senate ready to vote on USA Freedom Act

As Section 215 of the Patriot Act’s June 1st deadline approaches the Senate will vote this week on the USA Freedom Act which tightens up some key NSA powers. This will be the first time the US government has scaled back government surveillance in quite some time. In The Guardian’s coverage the bill, a simple explanation of both the pros ... Read More »

AlphaBay Market Launched a Fully-Automated Stolen Credit Card Shop

Since evolution exit scammed – The new AlphaBay market seem to have taken the lead as the leading market for fraud related items such as stolen credit cards and other types of personal data and hacked databases. Few days ago, they seem to have taken this one step even further by releasing a fully automated shop for “fulls” or credit ... Read More »

A Look Back at Bitcoin’s Price This Week – 20th May

This week, price movements were mainly uneventful and dull. After last week’s run up to $249.22 and subsequent retest at $ 245.49, prices retracted to find support at more familiar territory. An impulse break to the downside – marked by a large red candlestick – kicked off sideways trends that is now in force. Support for this elongated trend lies ... Read More »

Bitcoin News Roundup – 16 May 2015

Recapping the week’s biggest Bitcoins stories from around the web. The Euro Banking Association (EBA) considers that the blockchain technology could make banking more efficient.As Evander Smart of CryptoCoins News reports, although the EBA considers that lot of steps should be taken until the bitcoin is regulated, still there is potential for leveraging the financial industry in the blockchain technology. ... Read More »

USA Freedom Act passes House, headed to Senate

With critical provisions of the Patriot Act scheduled to expire in June congress is rushing to come up with a solution. They may have just found it. The US House of Representatives approved the USA Freedom Act with a strong 338 to 88 vote. The bill is a step toward ending the mass collection of data by the National Security ... Read More »

17 Arrests in International “Dark Web” Firearm Sting

According to gwern the busts are due to flipped Agora seller “weaponsguy. Press Release by afp.gov.au: This is a joint media release between the United States Homeland Security Investigations, Australian Federal Police, and Australian Customs and Border Protection Service A six-month joint operation has seen four people across Australia charged with attempting to purchase illegal firearms online. The arrests were ... Read More »

This week on Bitcoin markets & Price Analysis – 13th May

Price this week maintained its upward trend after briefly dropping to $227 on Thursday, overshooting $232 support by 5 dollars. Such is the choppiness of bitcoin prices and in this case, any stop losses at support ($232) with no allowance were triggered. This short-lived low served as support for a couple of upward trajectory impulsive moves to $249. $250 is ... Read More »

TRD Admin On The Ransom DDoS That Is Hitting The Dark Net Markets

The admin of Therealdeal market (http://trdealmgn4uvm42g.onion.market/) provided us with some insights about the recent  DDo’s attacks that are hitting all the major DNM’s in the past week: In the past few days, it seems like almost every DN market is being hit by DDoS attacks. Our logs show huge amounts of basic http requests aiming for dynamic pages, probably in ... Read More »

Bitcoin News Roundup – 9 May2015

Recapping the week’s biggest Bitcoins stories from around the web. The Winklevoss twins are strong supporters of the bitcoin and have shared their ideas about the cryptocurrency ecosystem in the recent NY TechCrunch Disrupt. As Sarah Jenn of NewsBtc writes, following their efforts on the first fully regulated bitcoin exchange (Gemini) and the newly-launched ETF that trades in the NASDAQ ... Read More »

NSA Ruled Illegal; Presidential Hopefuls Hop on Board

On Thursday a New York federal appeals court ruled the mass collection of phone metadata, granted under Section 215 of The Patriot Act, is illegal. The 97-page brief, available here, outlines the decision of the court. The opinion of the court reads: “This appeal concerns the legality of the bulk telephone metadata collection program (the “telephone metadata program”), under which ... Read More »