Blog Archives

Report: Silk Road bust resulted in boom for “dark net” markets

Posted on 30th April, 2014

According to a new report titled “Busted, Not Broken” from the Digital Citizens Alliance, last year’s bust of the Silk Road online black market by federal authorities had the opposite of the intended effect. Time reports that instead of shutting down the “dark net” trade network after the arrest of Ross “Dread Pirate Roberts” Ulbricht, […]

New Silk Road hacked for $2.6 million via Bitcoin glitch

Posted on 14th February, 2014

The latest incarnation of Bitcoin black market site Silk Road had been hit by the same “transaction malleability” glitch that recently took down Mt.Gox and Bitstamp. A message from site administrator “Defcon” was leaked to Reddit yesterday outlining the issues on Silk Road. According to the email, no account information was hacked, and all of […]