03 Oct '13, 6pm

What seizure of illicit Silk Road means for virtual currency Bitcoin - Los Angeles Times

What seizure of illicit Silk Road means for virtual currency Bitcoin - Los Angeles Times

There have been stories about the wild swings in the virtual currency's exchange rate, moves by financial regulators to shut down some Bitcoin-related businesses, and the attempts by its boosters to gain more mainstream credibility. But this week, the Bitcoin community was hit with a story potentially bigger than all the others: the seizure of the illicit Silk Road website and the arrest of its founder, Ross William Ulbricht, a 29-year-old former physics student from San Francisco. QUIZ: How much do you know about the Bitcoin? For the last two years, Silk Road has been the bogeyman for Bitcoin critics. They pointed to the ability to buy drugs and guns on the site using the virtual currency as evidence Bitcoin could enable terrorist and criminal activity. The service gained widespread notoriety in 2011 when Sen. Charles E. Schumer (D-N.Y.) singled it out as the poster child...

Full article: http://www.latimes.com/business/technology/la-fi-tn-bitco...

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VIDEO: What is Bitcoin?

VIDEO: What is Bitcoin?

bbc.co.uk 03 Oct '13, 2pm

What is Bitcoin? and how does virtual currency work? 3 October 2013 Last updated at 13:52 BST The value of the virtual cur...

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...

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...

FBI claims largest Bitcoin seizure after arrest...

theguardian.com 02 Oct '13, 11pm

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

Why Dread Pirate Roberts didn't take #Bitcoin down with his ship: #silkroad #btc

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dailydot.com 03 Oct '13, 5pm

The crypto-currency Bitcoin , the world’s most popular form of digital money, has been prone to pronounced spikes and prec...

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...

End of Silk Road for drug users as FBI shuts down illicit website

End of Silk Road for drug users as FBI shuts do...

latimes.com 03 Oct '13, 1am

The manhunt ended with the arrest of an unlikely suspect: Ross William Ulbricht, a 29-year-old former physics student from...

It's #HumpDay & you know what that means #Quick...

stevemadden.com 02 Oct '13, 5pm

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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 Falls 15% Following FBI's Silk Road Seizure

Bitcoin Falls 15% Following FBI's Silk Road Sei...

techcrunch.com 02 Oct '13, 5pm

Bitcoin is taking it on the nose following the FBI seizure of Silk Road, a popular – and partially hidden – marketplace fo...

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 Plunges Following US Government Seizure Of Silk Road Website

BitCoin Plunges Following US Government Seizure...

zerohedge.com 02 Oct '13, 5pm

Earlier today, one of the most popular websites that use and promote the use of BitCoin, Silk Road, was shut down by the U...

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

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 takes a hit after Silk Road takedown

Bitcoin takes a hit after Silk Road takedown

nbcnews.com 02 Oct '13, 11pm

bitcoin Bitcoin takes a hit after Silk Road takedown Devin Coldewey NBC News Facebook Share on Facebook Twitter LinkedIn G...