This Anarchist Wants To Use Bitcoin to Crowdfund Assassins

Forbes author Andy Greenberg wrote today about an encrypted email he received from a person who called themselves Kuwabatake Sanjuro. Sanjuro claimed to have designed a Deepweb site called the Assassination Market, which apparently has the capability to “crowdfund” political…

“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…

Still Wondering If You Should Use Bitcoin? Read This.

Bitcoin is getting a lot of attention in the news this week with the value of a single Bitcoin surpassing $100, and the currency’s total value topping $1 billion. Naturally, a lot of questions are being asked. Questions like: What…

Bitcoin Theft Drains $92,000 from Bitcoinica

A Bitcoin exchange service was victim of a security breach over the weekend in a heist that yielded 18,547 BTC to unknown hackers. A post on Bitcoinica’s official blog detailed that its servers were compromised and, following the complete draining…

Bitcoins Are on FBI’s Radar According to Leaked Report

Wired has obtained a new report from the FBI that details the agency’s growing concern that Bitcoins will become an attractive currency for those looking to dabble in some illicit activities without (hopefully) getting caught. I won’t go into the…

Bitcoins & The Future Of Online Currency

Bitcoins are not mere drug currency. Bitcoins are not failing. Okay? Are we clear about that? Good. The future of online commerce looks to rely less and less on the physical amount of money you have in your bank accounts…