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An Application That Converts National Fiat Currencies To Blockchain Based Cryptocurrencies

The high security levels offered by cryptocurrencies, via the blockchain technology, offer an ideal financial ecosystem for minting national currencies. A recently published paper introduced an innovative application that utilizes the blockchain technology to transform fiat money into a cryptocurrency; ether. This technology can become a part of a much bigger system, so that, after travelling outside his/her country, a ... Read More »

Child Porn Crackdown In Slovenia: Law Enforcement Raided 13 Apartments

On March 7, investigators in Slovenia carried out house searches at several locations in connection with the sexual abuse of children on the internet. According to police information, law enforcement authorities raided 13 addresses aiming at collecting information and evidence to justify the suspicion of crime presentation, manufacture, possession, and distribution of child pornographic material. The primary objective of the ... Read More »

Cryptocurrency and Gaming – A match made in heaven

Blockchain technology is sometimes referred to as disruptive and it’s not just in the financial sector, many industries will be affected by this technology. One them seems to be already ahead of the curve. We are talking about the gaming industry. Cryptocurrencies and videogames are a match made in heaven. Why? Because virtual currencies have existed in video games almost ... Read More »

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More Than 1,000 Investigations Started Against The Customers Of Narcotics Vendor Chemical Love

On April 14, 2016, law enforcement authorities raided the headquarters of the narcotics vendor shop “Chemical Love” arresting five suspects. The bust resulted in investigators seizing massive amounts of drugs. Now, the defendants are standing trial in the courtroom in Landau in der Pfalz, Germany. When German police arrested the five suspects and raided the “narcotics depot”, they found an ... Read More »

Alphabay to Add Ethereum Support in May

According to a message on /r/Alphabay and /r/darknetmarkets, Alphabay developers are currently in the process of finalizing a framework for Ethereum transactions. Starting May 1, the marketplace will allow the sending and receiving of yet another cryptocurrency. In addition to its original Bitcoin support, Alphabay opened up support for Monero in 2016. The value of ETH recently spiked in value. ... Read More »

Peter Scully (second from left) arrives at the Cagayan de Oro court handcuffed to another inmate on the first day of his ...

Sex Predator Peter Scully To Escape Death Penalty In The Philippines

Alleged Australian pedophile Peter Scully will escape the death penalty in the Philippines if convicted, despite what police said about the horrific acts he did with children. Lawmakers in the country excluded the alleged crimes of the defendant from a death penalty bill. The bill passed in the Philippine parliament 216 votes to 54. The bill reintroduces the death penalty, ... Read More »

Blocktix : Decentralized Network for Event Hosting & Ticketing Using Ethereum’s Blockchain

Blocktix is a novel, decentralized platform for ticket distribution and event hosting. The platform operates via Ethereum’s smart contracts, which enable verification of authentic tickets rendering it almost impossible to counterfeit them. Blocktix is aimed at providing a decentralized network for distribution and sales of tickets. Individuals as well as companies can buy and sell tickets via means of cryptographic ... Read More »

Public Consensus Networks & Secret Management : From Access Control to Ransomware

The advent of bitcoin has introduced the world to a new class of decentralized networks. Referred to as “consensus networks”, such systems, as bitcoin’s and Ethereum’s blockchain, deploy highly distributed volunteer-run networks to implement public rules that are responsible for managing access to various resources. Bitcoin’s network utilizes consensus to apply monetary transaction rules. Nevertheless, more recently consensus based systems ... Read More »

A brief summary on Bitcoin Unlimited

Following the growing need for a scaling solution to be implemented in Bitcoin, the prospect of a hard fork to the Bitcoin Unlimited consensus rules seems to be becoming a very real possibility. Exchanges have issued a group contingency plan in case of an hard fork stating that Bitcoin Unlimited will be listed as an alternative cryptocurrency. Bitfinex has even ... Read More »

Research Reveals Australia is an Emerging Leader in Darknet Markets

According to research presented at the Victorian Alcohol and Drug Association Conference this month, Australia is only second to the Netherlands in the number of darknet market vendors per capita. There are a higher number of vendors from Australia on darknet markets when it comes to global trade of drugs, especially methamphetamine. These vendors account for over a quarter of ... Read More »

New Commission-based Ransomware As A Service Available Free On Dark Web

Recently, researchers have uncovered a new ransomware as a service (RaaS), which would allow free access for wannabe hackers. The Dot ransomware operates on a commission-based strategy, offering cybercriminals free access to the software while splitting the profits 50/50 on successful attacks. Security researchers claim that the new ransomware came out on February 19, and it is available via a ... Read More »

Two Dutch Brothers Arrested For Ordering Explosives From Undercover FBI Agent

Two brothers, 22-year-old Ali and 19-year-old Yusuf, were arrested in the Netherlands for ordering 500 grams of Semtex, a plastic explosive from the dark web. The explosive is mostly used in commercial blasting, demolition, and in certain military applications. However, Semtex became a popular tool for terrorists and paramilitary groups since it was extremely difficult to detect, until recently. According ... Read More »

Police Takes Down French Dark Net Website Selling Narcotics

French law enforcement authorities arrested five men, aged between 23 and 59, who are suspected of running a website on the dark web selling different kinds of drugs. The judicial police in Versailles, France detained and placed the five suspects in police custody on Wednesday. The prosecution accused the defendants of setting up and running a website for several months ... Read More »

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Dark Net Trade A New Phenomenon In Polish Counterfeiting Report

Recently, the Police Headquarters, the Polish National Bank, along with the Ministry of Justice conducted a report on the issue of counterfeiting in the European country. The study also mentioned the rising popularity of the dark web counterfeit euro trade. According to the recent report conducted on the year of 2015, the most popular banknotes counterfeiters pressed are 20 and ... Read More »