Silk Road

Silk Road Bitcoin Seizure: Analytics Firm Claims Tokens Worth Millions Still Outstanding

Belarus’ Largest Bank Launches Cryptocurrency Exchange Service The largest bank in Belarus, Belarusbank, has reportedly begun providing a cryptocurrency exchange service, allowing customers to buy bitcoin using Visa cards. Belarusbank’s new cryptocurrency exchange service is in collaboration with bitcoin exchange service provider Whitebird, several local news outlets … read more. Bitpay Launches New Payroll Service …

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Chainalysis Launches Program to Store and Sell Seized Crypto Assets for Governments

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/422919″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/lottery-new-bn-2.jpg” alt width=”728″ height=”180″></a></div><strong>The blockchain intelligence and surveillance company Chainalysis revealed the launch of a new program that aims to help governments and insolvency practitioners sell seized cryptocurrencies. The news follows the recent U.S. government seizure of more than 69,000 <a …

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Law Decoded: New administration and the DoJ’s continued flex in crypto, Oct. 30–Nov. 6

Are you over the election? I’m over the election. But you can bet that as soon as I finish writing this week’s Law Decoded, I will compulsively check up on what’s happening in Georgia and Pennsylvania. And it seems that I’m not alone. Despite the election highjacking the entire news cycle, crypto has not been …

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Someone has transferred ~$1 billion from a bitcoin wallet quiet since 2015

Enlarge George / Getty Images Nearly $1 billion in bitcoin has been transferred out of a mysterious wallet that has been quiet since 2015. The haul of slightly more than 69,369 BTC—worth about $975 million at the time this post went live—was moved out in the past 24 hours, the bitcoin ledger shows. Alon Gal, …

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The Silk Road Balance Sheet Discrepancy: Bitcoin Worth $4.8 Billion Still Missing

The original Silk Road marketplace has been shut down for well over seven years now and to this day, 444,000 bitcoin worth $4.8 billion is still missing. Just recently, a report focused on those funds discusses one of the market’s biggest mysteries and how people have seemingly forgotten about this massive stash. A number of …

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Crooked police chief sentenced to 8 years for dark web shenanigans

Former police chief Yuri Zaitsev was recently sentenced to eight years in prison for acting as a bounty hunter for a dark web marketplace. In December 2018, Zaitsev was working as the leader of his unit within the Main Directorate for Drugs Control of the Republic of Khakassia — a law enforcement division which is analogous …

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Times Square Billboard Calls for Release of Silk Road Founder

The ‘Free Ross’ movement has hired a billboard in New York’s Times Square as part of its campaign for the release of the Silk Road darknet market founder Ross Ulbricht. According to the Twitter account ‘Clemency for Ross’ the billboard will display the message and image for several months. The account emphasized that the billboard …

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