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Bitcoin price analysis February 23, 2017

Bitcoin Rallies Ahead of Bitcoin ETF Decision This week the price of Bitcoin rallied from $980, past $1000 to a monthly high at $1127, inches away from the $1139 high of January 5. This strong run was partly fueled by speculation on a the Winklevii Twins’ proposed Bitcoin Trust ETF. On March 11, 2 members of the SEC will rule ... Read More »

Dark Net Markets Launching Bug Bounty Programs

Dark web marketplaces are using the same model as legit businesses – they are launching bug bounty programs to protect them against possible hacks. The rewards will make bounty hunters analyze the websites, find security flaws, and earn profits. According to tech magazine CyberScoop, Hansa Market is one of these marketplaces. Hansa, which made about $3 million last year, has ... Read More »

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Update In Silk Road Vendor’s Case In The Netherlands

A 37-year-old, also known as “Willy”, from Groningen, the Netherlands, was arrested for allegedly running a vendor shop on the infamous Silk Road Marketplace selling narcotics. Earlier this month, the Public Prosecutor (OM) recommended a sentence of fifteen months (five suspended) in prison. However, there is an update in the case. According to official court information, the suspect allegedly used ... Read More »

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Utilizing the blockchain technology to create contemporary writing pieces

The digital technology has transformed the way narratives are created and consumed, from simply moving story-worlds and images to complex digital multi-branched and long-form story experiences. Also, the blockchain technology has revolutionized the global financial system. As a globally visible and collaboratively compiled list of transactions, which have been executed within a specific system, the blockchain technology promotes decentralization of ... Read More »

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US Firearm Vendor Tried To Sell Gun To Customer, Got Jailed

Michael Ryan, a 36-year-old graduate from Kansas, US, was sentenced to 52 months in prison for running a vendor shop on the dark web. According to law enforcement authorities, the suspect sold weapons under the pseudo name ”Gunrunner” on the Black Market Reloaded (BMR) marketplace. During the investigation, law enforcement authorities discovered that Ryan sold a powerful Hi-Point handgun and ... Read More »

Silk Road Vendor Pleaded Guilty to Drug Distribution in Fatal Overdose Case

Kevin Campbell, a drug treatment worker from Chicago pleaded guilty to the distribution of controlled substances via the Silk Road marketplace. After a one-year investigation between 2013 and 2014, Chicago law enforcement raided Campbell’s Chicago home and found further evidence to connect the suspect to a 2013 crime in Bellevue, Washington. In August 2013, Washington emergency response crews attended a ... Read More »

Can Foreign Governments Hack Americans With Impunity?

A lawsuit being heard by the US Court of Appeals for the District of Columbia Circuit seeks to answer the question of whether foreign governments can hack Americans with impunity. In the case of Kidane v. Ethiopia, lawyers for the Electronic Frontier Foundation (EFF) and the law firm of Jones Day and Robins Kaplan are representing a man from Maryland, ... Read More »

FBI Begins Construction of Nationwide Watchlist For Employers

The FBI has begun the construction of a nationwide watchlist for employers. With a platform called Rap Back–”Rap” stands for Record of Arrest and Prosecution while Back is short for background–employers will soon be able to receive real-time notifications of their employees’ criminal status. Instead of conducting a one-time background check in the initial recruitment stage, employees will now be ... Read More »

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Coinspermia : Unchaining Cryptocurrency

Even though the blockchain technology has introduced the world to a revolutionary concept of digital currencies that can entirely transform the global financial system, the scalability of bitcoin, and many other cryptocurrencies, is hindering mass adoption of the world’s first decentralized currencies. Bitcoin’s proof-of-work (PoW) scheme promotes immutability and consensus formulation; however, it represents a process that consumes enormous time ... Read More »

Three Bavarians Arrested For Darknet Distribution, Used the Name “White Dragon”

The Mainz Regional Court, in early February, became the battleground for a fight between three darknet vendors and law enforcement regarding the legality of the police’s investigation. The investigating agencies—The Regional Center for Cybercrime (LZC) of Koblenz, the Mainz Investigative Group of the Landeskriminalamt (State Police) in Rheinland-Pfalz, and the Customs Investigation Office of Frankfurt—used “secret investigation methods,” the defendants ... Read More »

Tor Metrics Data Shows Massive Spike of Tor Use from the United Arab Emirates

Not long ago, an entire country banned Tor. And the ban, unlike previous bans, became a permanent ban. The country that banned Tor also, coincidentally, condoned and used statewide censorship for years on end: Turkey. Turkey is not the only country where citizens fear the state sponsored compromisation of privacy. According to the Tor Project’s “Tor Metrics,” The United Arab ... Read More »

US Attorney’s Office in Colorado Preparing to Prosecute Darknet and Bitcoin Crimes

An acting US attorney for the state of Colorado announced a new branch of the Colorado U.S. Attorney’s Office’s Criminal Division aimed at tackling cybercrime with a group of highly trained investigators. Acting U.S. Attorney Bob Troyer set up a six-attorney unit after looking at child exploitation statistics dating back to 2012. They also evaluated other forms of cybercrime dating ... Read More »

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Dark Net Crime In Increase: Interview With Austrian Chief Inspector

There have been numerous dark net-related prosecutions in Europe in the past few months. The first country to wage a war against dark web criminals was Germany, where the government decided to provide more manpower to eliminate all kinds of illegal dark net activity. The Germans started focusing on the dark web shortly after the Münich shooting, which happened on ... Read More »

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Online Network Of Drug Traffickers Busted In Romania

Law enforcement authorities in several regions of Romania arrested 58 suspects. They are believed to be connected to a criminal organization that distributed narcotics in the country. The Directorate for Investigating Organized Crime and Terrorism (DIICOT) performed 68 house searches and detained 58 alleged members of a drug distribution ring in Timis, Arad, Caras-Severin and Hunedoara. According to police information, ... Read More »