03 Oct '13, 2pm

Silk Road underground market closed – but others will replace it: The high profile 'dark

Silk Road, the best-known underground marketplace for the trade of illegal drugs on the internet, has been shut down leaving a large hole in the internet's underworld. Described by FBI special agent Christopher Tarbell as "the most sophisticated and extensive criminal marketplace on the internet today", Silk Road acted like an eBay for the trade of illegal substances. It operated as a "hidden" site, which was only accessible to people using the sophisticated anonymous browsing service known as Tor. Operated by a network of volunteers, Tor provides encryption and identity protection, allowing users to avoid surveillance and traffic interception as well as circumvent internet censorship. Tor is a favourite of whistleblowers and political activists, including Edward Snowden , due to its privacy protection, while its user base has topped an estimated 1.2 million users. Tor als...

Full article: http://www.theguardian.com/technology/2013/oct/03/silk-ro...

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Silk Road underground drugs market closed – but...

theguardian.com 03 Oct '13, 3pm

Silk Road, the best-known underground marketplace for the trade of illegal drugs on the internet, has been shut down leavi...

#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...

Bitcoin price nosedives after bust of undergrou...

theverge.com 02 Oct '13, 6pm

The price of Bitcoin, the semi-anonymous e-currency that acts like virtual cash, is falling rapidly after the bust of unde...

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

Silk Road

rt.com 02 Oct '13, 3pm

FBI seizes ‘Silk Road' black market domain, arrests owner Published time: October 02, 2013 15:48 Get short URL Reuters / T...

Bitcoin tumbles on closure of drugs black market the Silk Road

Bitcoin tumbles on closure of drugs black marke...

telegraph.co.uk 03 Oct '13, 9am

The indictment alleges since the Silk Road emerged online in 2011, it has been used to exchange 9.5 million Bitcoins, wort...

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...

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 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...

If This Doesn't Kill Bitcoin, What Will? - The Market Now

If This Doesn't Kill Bitcoin, What Will? - The ...

go.bloomberg.com 02 Oct '13, 7pm

The alleged operator of the Bitcoin-based online marketplace Silk Road was arrested in San Francisco yesterday on money-la...

Silk Road Bust Could Slow Bitcoin Economy

technologyreview.com 03 Oct '13, 4am

News today that the FBI had arrested a man on suspicion of running the notorious online marketplace Silk Road, where bitco...

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

#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 ...

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...