All Posts Tagged Tag: ‘silk road’

Bitcoin Heists Test Currency’s Legitimacy

In startling news Tuesday morning, one of the world’s largest bitcoin exchanges, Mt. Gox, ceased existing, leaving millions of dollars worth of bitcoins unaccounted for. The Tokyo-based exchange company has stated that a security leak that has been present since September has violated the integrity of some 700,000 accounts, totaling approximately $350 million in stolen currency. Due to this huge …

Read More

“Silk Road”, The Online Black Market Seized by FBI

Are you familiar with the Deep Web and Silk Road? Deep Web is not part of the surface web, which means you cannot access its content through search engines like Google or Yahoo. Therefore, obtaining a URL address from the dark corners of Deep Web is relatively hard to find.  Sites are only accessible by using anonymizing software like the …

Read More

“Silk Road” Underground Site Shut Down by FBI

The FBI has officially shut down the underground site “Silk Road.” Operating since January 2011, the site gave drug dealers a platform to sell heroin, cocaine, LSD, methamphetamine, among other drugs and illicit goods. The site allowed people to anonymously buy illegal drugs. Silk Road gets its name from the lucrative Chinese silk trade, because its extensive network of routes. …

Read More