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Baltic Honeybadger 2017 • November 25-26, 2017

The Baltic Honeybadger conference is the first major event in Latvia dedicated to Bitcoin and the technologies built around it.…

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Tag: dark web

Treasury Secretary Steve Mnuchin Cautious of Bitcoin and Dark Web

Category: Bitcoin, News, Regulation

Treasury Secretary Steve Mnuchin Cautious of Bitcoin and Dark Web

Reading Time: 2 minutesDuring an interview on November 9, 2017 with Yahoo Finance the current U.S. Treasury Secretary, Steve Mnuchin, expressed concerns over bitcoin and its potential illicit uses on the dark web. “The first issue and the most important issue is to make sure that people can’t use bitcoin for illicit activities. So we want to make sure that you don’t have the…

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Op Ed: Bitcoin’s Konkin Effect

Category: News

Op Ed: Bitcoin’s Konkin Effect

Reading Time: 2 minutesI have long been a voracious reader, a habit that I picked up from my father at a very early age. Over the years I’ve developed an appetite for libertarian-themed books as a means of further exploring my interests in sovereign living. Recently, I began reading an autobiographical book entitled Mostly On The Edge by the libertarian anarchist Karl Hess….

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Coordinated International Law Enforcement Effort Leads to Shut Down of AlphaBay

Category: Bitcoin, Business, News

Coordinated International Law Enforcement Effort Leads to Shut Down of AlphaBay

Reading Time: 4 minutesOn July 5, Alphabay, one of the biggest marketplaces on the dark web, went offline mysteriously with no explanation from its developers or administrators. The website has yet to resume service, and it is believed to have been shut down by law enforcement. AlphaBay started its operations in December 2014, filling the void left by the absence of Silk Road….

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EU Launches TITANIUM Consortium to Prevent Criminal Use of Cryptocurrencies

Category: Bitcoin, News, Regulation

EU Launches TITANIUM Consortium to Prevent Criminal Use of Cryptocurrencies

Reading Time: 2 minutesThe European Union (EU) has announced the creation of an international consortium that seeks to diminish the use of cryptocurrencies and the dark web by criminals. As evidenced in the recent WannaCry attack, criminals use the pseudo-anonymity provided by bitcoin to their advantage. This project aims to find ways to stop the use of cryptocurrencies as a means to evade…

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What’s Really Out There on the Dark Net? Terbium Labs Provides Some Answers

Category: Bitcoin, Commentary, News, Tech

What’s Really Out There on the Dark Net? Terbium Labs Provides Some Answers

Reading Time: 4 minutesWhile the Dark Web is perceived to be a paradise for terrorists, drug cartels, and other shady characters, there are few scientific studies available on what is actually out there. To fill the void, Terbium Labs have recently released a scientific study to answer the question, “What is actually out there on the Dark Web?” Utilizing their patented technologies, including…

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‘Ethical Hackers’ Hijack Zcash with the Creation of Ebitz

Category: Altcoins, News, Tech

‘Ethical Hackers’ Hijack Zcash with the Creation of Ebitz

Reading Time: 2 minutesA group of European ‘ethical hackers’ have taken steps to launch a newer, improved version of Zcash that addresses many of the hotly-debated drawbacks of the privacy-centric cryptocurrency. Two significant changes to the Zcash protocol have been made and the launch of the improved version, named Ebitz, is due November 28. Firstly, Ebitz does not support the “founder’s reward,” unlike…

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FBI & DoJ Arrest Man For Stealing Over $100,000 in Bitcoin

Category: Bitcoin, News, Regulation, Tech

FBI & DoJ Arrest Man For Stealing Over $100,000 in Bitcoin

Reading Time: 2 minutesThe Federal Bureau of Investigation (FBI) and the US Department of Justice (DoJ) have arrested a man in Connecticut for allegedly stealing over six figures worth in dollar terms of bitcoin from over 10,000 dark web marketplace users. Michael Richo, a 32-year old man, received five counts of criminal charges, including access device fraud, computer fraud, wire fraud, aggravated identity…

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Dark Web & Blockchain Startups Develop Fraud Detection Technology

Category: Bitcoin, News, Tech

Dark Web & Blockchain Startups Develop Fraud Detection Technology

Reading Time: 2 minutesDark web data intelligence provider Terbium Labs and blockchain analytics startup Skry have entered into a strategic partnership to develop a fraud and illicit transaction detection technology for cryptocurrencies including bitcoin. Since early 2016, the bitcoin industry has seen a rapid emergence of government- and law enforcement-backed bitcoin untangling software primarily due to tightened regulatory policies on cryptocurrency usage. Terbium…

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Study: Bitcoin Is Not Anonymous, Should Not Be Used Over Tor Network

Category: News, Tech

Study: Bitcoin Is Not Anonymous, Should Not Be Used Over Tor Network

Reading Time: 2 minutesAt the 2015 IEEE Symposium on Security and Privacy, Ivan Pustogarov, a doctoral student at CryptoLUX, the University of Luxembourg’s cryptology research group and author of the research titled Bitcoin Over Tor Isn’t A Good Idea, stated that Bitcoin over Tor is not a good idea because Bitcoin is not anonymous and thus can be tracked. According to Pustogarov’s research published…

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