The newest incarnation of the Silk Road website has been hacked. Due to a flaw in the Bitcoin protocol, the site was robbed of 4,400 bitcoins, or roughly $2.6 million. Defcon, an anonymous administrator for Silk Road broke the new...
Ross Ulbricht, who was arrested last year, could face a minimum of 20 years in prison. For being involved with the Silk Road, Ulbricht is going up against a ‘kingpin’ charge, which carries a minimum sentence of 20 year...
Peter Ward, who is from the UK, is trying to reclaim his small fraction of the bitcoins seized in the Silk Road bust. The seizure by the FBI claimed $164 million dollars worth of bitcoins. 100 of those coins, worth at this moment ...
Charlie Shrem, the CEO of BitInstant, a bitcoin exchange, has been charged with supplying bitcoins to the Silk Road. Shrem was apparently using his bitcoin exchange business as a front for a money laundering scheme, one that was i...
A new study that is set to be published in Addiction, an online journal, reports that an estimated 18% of drug users in the United States get the drugs (got the drugs) from the Silk Road. The study took place at the end of 2012 an...
Ross Ulbricht, who was arrested earlier in the year and is allegedly the man behind the website Silk Road, is demanding that $30 million in Bitcoins that were seized from him be returned. When he was arrested in San Francisco, aut...
It seems that iosHunt isn’t the only site to have had a resurrection as of late. Silk Road is back and those currently running it claim that it will be much harder to shut down than the first one was. The first version of th...
