03 Oct '13, 4am

Silk Road shutdown sends bitcoin prices tumbling

Silk Road shutdown sends bitcoin prices tumbling

The price of the bitcoin digital currency dropped on Wednesday, after U.S. law enforcement authorities shut down Silk Road, an online marketplace used to buy and sell illegal drugs. Skip to next paragraph Related stories US currency quiz Donald Marron Do bitcoins violate a fundamental economic law? Winklevoss twins plan $20 million Bitcoin IPO Subscribe Today to the Monitor Click Here for your FREE 30 DAYS of The Christian Science Monitor Weekly Digital Edition The FBI has seized control of a controversial website which made buying drugs as easy as going to the store. The bitcoin, valued by many for its anonymity, fell to $129 from over $140 a day before, according to a website for trading bitcoins, Mt.Gox. Earlier, the currency traded as low as $110. Supporters say using bitcoins offers benefits including lower fraud risk and increased privacy, though critics argue the an...

Full article: http://www.csmonitor.com/USA/Latest-News-Wires/2013/1002/...

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CHART OF THE DAY: Bitcoin collapses following Silk Road shutdown

CHART OF THE DAY: Bitcoin collapses following S...

businessinsider.com 02 Oct '13, 7pm

FBI seized and shut down Silk Road , a website that allowed customers to buy illegal drugs using Bitcoin. As part of the b...

Bitcoin falls after Silk Road arrest

bbc.co.uk 03 Oct '13, 12pm

Continue reading the main story HOW BITCOINS WORK Bitcoin is often referred to as a new kind of currency. But it may be be...

Bitcoin falls after Silk Road arrest

bbc.co.uk 03 Oct '13, 12pm

Continue reading the main story HOW BITCOINS WORK Bitcoin is often referred to as a new kind of currency. But it may be be...

Silk Road shutdown leads to 11% drop in bitcoin...

twitter.com 03 Oct '13, 1am

$ still champ as ref currency 4 illicit activity! “@ kashhill : Silk Road shutdown leads to 11% drop in bitcoin value

Silk Road

Silk Road

nation.time.com 02 Oct '13, 4pm

Silk Road, where cocaine and heroin were trafficked, is an online drug marketplace that exists on the “Deep Web,” a portio...

#bitcoin

#bitcoin

businessweek.com 02 Oct '13, 8pm

For most of its brief existence, Bitcoin has been widely associated with Silk Road—the anonymous cybercurrency, naturally ...

Silk Road

theguardian.com 02 Oct '13, 3pm

US authorities have arrested Ross William Ulbricht, 29, alleged to be the owner and operator of Silk Road, the best-known ...

Bitcoin value plummeting following the Silk Road shut down by the FBI

Bitcoin value plummeting following the Silk Roa...

businessinsider.com 02 Oct '13, 5pm

The FBI seized Silk Road this morning . Silk Road is a website that let people anonymously buy illegal drugs using Bitcoin...

Bitcoin values yo-yoed today after the feds bus...

wired.com 02 Oct '13, 9pm

Bitcoin, world’s most popular digital currency, had a roller coaster ride today after the federal government shut down the...

Bitcoin plunges 33% after Silk Road bust

bloomberg.com 02 Oct '13, 9pm

The price of Bitcoins listed on the Bitstamp Ltd. exchange plunged as much as 33 percent after charges were unsealed for t...

Bitcoin falls after Silk Road arrest: The price...

bbc.co.uk 03 Oct '13, 12pm

Continue reading the main story HOW BITCOINS WORK Bitcoin is often referred to as a new kind of currency. But it may be be...

Online Currencies: What's In Store for Bitcoin After Silk Road Shutdown?

Online Currencies: What's In Store for Bitcoin ...

socialmediatoday.com 05 Oct '13, 7pm

Silk Road, allegedly the largest online black market for illegal drugs, was shut down by the FBI earlier this week, and th...

Bitcoin price plummets after Silk Road closure

Bitcoin price plummets after Silk Road closure

theguardian.com 03 Oct '13, 3pm

The price of Bitcoin, the anonymous peer-to-peer digital currency, plummeted after the alleged founder of the online drugs...

'Dread Pirate Roberts' Charged In 2nd Silk Road Murder-For-Hire Plot, Over Bitcoin Debt

'Dread Pirate Roberts' Charged In 2nd Silk Road...

businessinsider.com 03 Oct '13, 4am

Following that, Ulbricht came to believe that an "employee" of Silk Road — a site protected by the encrypted Tor network —...

#Bitcoin

#Bitcoin

theverge.com 02 Oct '13, 3pm

It appears the Federal Bureau of Investigation has finally cracked down on Silk Road, the underground marketplace where us...