06 Aug '12, 1pm

One Per Cent: Online shop Silk Road selling at least $2m worth of drugs a month #bitcoin #Tor

Jacob Aron, technology reporter (Image: Adrianna Williams/The Image Bank/Getty) New analysis of the anonymous online marketplace Silk Road suggests that purveyors of illegal drugs and other black-market goods are raking in the equivalent of nearly $2 million of Bitcoins per month, which is roughly 20 per cent of exchanges from Bitcoins to US dollars that take place on the online currency's main exchange, Mt. Gox . Try flogging narcotics on eBay and you will quickly be shut down, banned and possibly visited by your local law enforcement agencies. Silk Road gets away with its illicit trade because buyers and sellers can connect to the site only through the anonymising Tor network , also used by the likes of Wikileaks and political dissidents, and can make purchases using only Bitcoin. Security researcher Nicolas Christin at Carnegie Mellon University in Pittsburgh, Pennsylva...

Full article: http://www.newscientist.com/blogs/onepercent/2012/08/silk...

Tweets

Online shop Silk Road sells $2m worth of drugs ...

newscientist.com 06 Aug '12, 1pm

Jacob Aron, technology reporter (Image: Adrianna Williams/The Image Bank/Getty) New analysis of the anonymous online marke...

Home Office claims national security exemption to my FOI request about all things related to Silk Road and Bitcoin:

Home Office claims national security exemption ...

whatdotheyknow.com 06 Aug '12, 3pm

Information which does not fall within subsection 23(1) is exempt information if exemption from section 1(1)(b) is require...

Black market drug site using Tor encryption & BitCoin currency 'Silk Road' is doing $22mil/yr, $1.9mil/mth in sales.

Black market drug site using Tor encryption & B...

forbes.com 07 Aug '12, 3am

In the year since Senator Joe Manchin called for the “audacious” drug-selling website Silk Road to be “shut down immediate...

Bitcoin-Based Drug Market Silk Road Thriving Wi...

it.slashdot.org 07 Aug '12, 7pm

"Every day or so of the last six months, Carnegie Mellon computer security professor Nicolas Christin has crawled and scra...

Bitcoin-Based Drug Market Silk Road Thriving Wi...

news.slashdot.org 07 Aug '12, 7pm

"Every day or so of the last six months, Carnegie Mellon computer security professor Nicolas Christin has crawled and scra...

Silk Road’s “The Armory” Terminated | Bitcoin Magazine

Silk Road’s “The Armory” Terminated | Bitcoin M...

bitcoinmagazine.net 06 Aug '12, 1pm

The owner and operator of Silk Road, aliased as Dread Pirate Roberts, announced on August 2nd, 2012 that “The Armory”, an ...

Study estimates $2 million a month in Bitcoin drug sales

Study estimates $2 million a month in Bitcoin d...

arstechnica.com 07 Aug '12, 8pm

We've noted before that the cryptocurrency Bitcoin has been adopted enthusiastically by those engaged in legally dubious p...

@WorldMcQueen + Wolves + Silk = Want.

alexandermcqueen.com 05 Aug '12, 11pm

Home Womenswear Looks Clothing Bags Shoes Accessories Menswear Looks Clothing Accessories The House Latest About Collectio...

Silk Road: Bitcoin-Drogenmarkt macht Umsätze in...

winfuture.de 08 Aug '12, 9am

Der Handel mit illegalen Drogen über den Online-Marktplatz "Silk Road" hat in den letzten Monaten massiv zugenommen. Inzwi...

Nak tergelak baca post ni. Sooo ke aiii :D

Nak tergelak baca post ni. Sooo ke aiii :D

proudduck.com 06 Aug '12, 1pm

We passed our 1 month mark of being married recently and I am still on cloud 9. It feels so weird that I can touch him in ...

The Silk Road Report: Part II | Bitcoin Magazine

The Silk Road Report: Part II | Bitcoin Magazine

bitcoinmagazine.net 09 Aug '12, 2pm

Soon after, Dread Pirate Roberts, the mastermind behind Silk Road, announced that Silk Road’s illegal gun-selling sister s...

Traveling the Silk Road, study of the famous market places #deepweb #cybercrime #security #bitcoin #silkroad

Traveling the Silk Road, study of the famous ma...

securityaffairs.co 09 Aug '12, 9am

made by the Carnegie Mellon computer security professor Nicolas Christin on the earning of one of the most famous black ma...

Two Million Dollars a Month in #Bitcoin Drug Sales #news #alternativecurrencies #blackmarket

Two Million Dollars a Month in #Bitcoin Drug Sa...

disinfo.com 08 Aug '12, 4pm

Silk Road is an online marketplace that uses Tor and Bitcoin to preserve the anonymity of all involved. The site itself is...

@snappyshoes Fortunately I don’t go for black and white, spur of the moment side of the road tatts. More like

@snappyshoes Fortunately I don’t go for black a...

superkawaiimama.com.au 06 Aug '12, 6am

I always loved the film images of the Samurai’s wife, or Geisha, who when disrobing, revealed an astonishing artwork on he...