Maine Senator Urges Biden to Consider Clemency for Ross Ulbricht During President’s Auburn Visit

On July 28, 2023, U.S. president Joe Biden made a trip to Auburn, Maine, where he delivered a speech at Auburn Manufacturing and subsequently attended a private fundraising gathering. Eric Brakey, the Republican senator representing Maine, greeted Biden upon his arrival in Auburn and handed him a note. In the message, he suggested that the [...]

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Alleged Admin of Darknet Marketplace Monopoly Market Extradited to US

The suspected administrator of the Monopoly Market darknet marketplace has been extradited from Austria to face charges in the U.S. The man, a citizen of Serbia and Croatia who was arrested in Vienna last November, has been accused of facilitating $18 million in illegal drug transactions using cryptocurrencies. DNM Administrator Charged in U.S. With Running

The post Alleged Admin of Darknet Marketplace Monopoly Market Extradited to US appeared first on BTC Ethereum Crypto Currency Blog.

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Roger Ver at Webx Asia: Reflections on Payments, Self-Custody, and the Role of Crypto Lawbreakers

When asked whether he’d rather be called a “bitcoin evangelist,” or “Bitcoin Jesus” at the recent Webx seminar in Tokyo, Roger Ver responds: “I prefer to be called Roger.” The enthusiastic and outspoken figure in crypto, scattering sats around the world with unapologetic frankness about government, the bitcoin block size wars, and conflations of legality [...]

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Over 100,000 Compromised Chatgpt Accounts Discovered on Darknet Markets

Cybersecurity researchers have found tens of thousands of devices storing Chatgpt credentials that have been infected with info-stealing malware. The account details have ended up being sold on the dark web, they said, pointing out that the Asia-Pacific leads by number of such offers. Increase of Compromised Accounts Testifies to the Growing Popularity of Chatgpt

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Top Russian Darknet Market HACKED, Bitcoin Taken... then Transferred to Ukraine!

Computer Security specialist Alex Holden was born in Ukraine, and while he now lives in the United States, he's doing what he can to help his countries efforts against Russia. 

Holden is sharing his accomplishment of infiltrating Russia's largest online drug market, called Solaris, steal 1.6 bitcoin (BTC) from the website's main wallet, and donate it to Ukraine.

The funds were sent to a Ukrainian non-profit called 'Enjoying Life", and the organizations co-founder Tina Mikhailovskaya confirms it was received, saying it was "given directly to the elderly, families and internally displaced people who suffered from the Russian war."

Holden declined to tell how he did the robbery, only sharing that it involved help from his team of hackers from he employs at his company Hold Security, and that they took 'partial control of the Solaris infrastructure' which somehow included access to the wallet. 

While an amusing story, this is small compare to the true impact of crypto on this war...

Ukraine is the nation in history to formally accept bitcoin and other cryptocurrencies to finance the costs of a war, and so far their wallet has received 645 BTC in donations from around the world. That is equivalent to $10 million USD at current rates, and $45 million at Bitcoin's high.

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Author: Mark Pippen
London News Desk 
Breaking Crypto News

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Russian Darknet Market HACKED, Bitcoin Taken... Transferred to Ukraine!

Computer Security specialist Alex Holden was born in Ukraine, and while he now lives in the United States, he's doing what he can to help his countries efforts against Russia. 

Holden is sharing his accomplishment of infiltrating Russia's largest online drug market, called Solaris, steal 1.6 bitcoin (BTC) from the website's main wallet, and donate it to Ukraine.

The funds were sent to a Ukrainian non-profit called 'Enjoying Life", and the organizations co-founder Tina Mikhailovskaya confirms it was received, saying it was "given directly to the elderly, families and internally displaced people who suffered from the Russian war."

Holden declined to tell how he did the robbery, only sharing that it involved help from his team of hackers from he employs at his company Hold Security, and that they took 'partial control of the Solaris infrastructure' which somehow included access to the wallet. 

While an amusing story, this is small compare to the true impact of crypto on this war...

Ukraine is the first nation in history to formally accept bitcoin and other cryptocurrencies to finance the costs of a war, and so far their wallet has received 645 BTC in donations from around the world. That is equivalent to $10 million USD at current rates, and $45 million at Bitcoin's high.

-------
Author: Mark Pippen
London News Desk 
Breaking Crypto News

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Silk Road Was The Darknet Market Testing Ground For Bitcoin

Silk Road showed people that bitcoin could be effectively used as a medium of exchange on an open marketplace.

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Block By Block: Facing Life In Prison, Bitcoin’s Resilience Inspires Me

“Through the rise and fall of Silk Road, through the relentless years of my incarceration … Bitcoin keeps going.”

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Crypto scams fall 65% after gullible noobs exit the market: Chainalysis

Less gullible retail investors and falling asset prices have made scamming a less enticing endeavor, but the tsunami of new DeFi applications has hackers licking their lips.

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Bitcoin Is Losing Favor On Darknet Markets

A deep dive into how Bitcoin’s lack of privacy and, by extension, its insufficient fungibility has led to its loss of market share in darknet markets.

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Investigating The Staged Assassinations Of Silk Road

Staged assassinations perpetrated by federal agents were key to the demise of the Silk Road darknet marketplace, a critical Bitcoin use case.

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Silk Road Hacker Sentenced to a Year in Prison for Wire Fraud

On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New York revealed that the hacker responsible for the Silk Road marketplace breach had been sentenced to a year in prison for wire fraud charges. James Zhong stole more than 50,000 bitcoin from the darknet marketplace (DNM) in September 2012. DOJ [...]

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Crypto Bans Don’t Stop the Darknet Drug Trade: EU Report

Despite efforts to ban crypto, a recent EU report shows that drug trade on the darknet remains resilient.

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