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Tag Archives: bitcoin

Research: 47% Of All Bitcoin Transactions Involves Illegal Trading Mostly On ‘Darkweb’

Talis Putnins and Jonathan Karlsen, Professors at the University of Technology Business School in Sydney, together with Dr. Sean Foley from Sydney University, have been jointly working on a research whose results are shocking. In their yet to be published document ”Sex, Drugs, Darknet and Bitcoins,” the nearly half of all bitcoin transactions involve illegal trading either directly or indirectly ... Read More »

Bitcoin News roundup 7.1.17

This week’s summary of various cryptocurrency news and developments: New developments: Facebook CEO studying cryptocurrencies in quest for decentralization Mark Zuckerberg, in what he called personal challenges for the year ahead, revealed that he is studying cryptocurrencies and encryption to improve the social networking service he co-founded. He noted that this year he is going to focus on “fixing important ... Read More »

Feds to Sell Alleged Darknet Dealer’s Bitcoin

In December, a federal judge signed an order that allowed the U.S. government to sell bitcoin seized in an investigation into a fentanyl trafficking ring in Utah. Even though the defendants and original owners of the assets still faced charges in court, the U.S. Attorney’s Office moved to sell the digital currency and vehicles prior to any sentencing, citing the ... Read More »

Using Bitcoin Transaction Analysis In Deanonymizing Users of Tor Hidden Services

Anonymity over the world wide web has never been a more critical issue. To achieve bulletproof anonymity, multiple solutions are being currently implemented by internet users all over the world. The most popular of which is the Tor network that represents the busiest anonymous communication network on the internet serving millions of users every day. Tor also enables webmasters to ... Read More »

Bitcoin News Roundup 31.12.17

This week’s summary of various cryptocurrency news and developments: New developments: Bitcoin exchange executive kidnapped, found alive and safe three days later According to various reports, a 40-year-old analyst at cryptocurrency exchange EXMO, Pavel Lerner, was dragged into a black Mercedes-Benz by men wearing dark clothes and balaclavas in Kiev, Ukraine, after leaving his company’s offices on December 26. At ... Read More »

Best Ways Of Converting Bitcoin To Physical Money

In these exciting days, the Bitcoin price grows higher every week, and people are investing an increasing amount of money into cryptocurrencies. An important aspect of the swinging trend of crypto-money, is the trading activity. In simple words, trading is buying bitcoins when their price is low and selling them when it’s higher. Posed these conditions, it becomes of capital ... Read More »

Bitcoin News Roundup 24.12.17

This week’s summary of various cryptocurrency news and developments: New developments: Coinbase adds Bitcoin Cash support, investigates potential insider trading Popular U.S.-based cryptocurrency exchange Coinbase recently added Bitcoin Cash (BCH) to both Coinbase and its Global Digital Asset Exchange (GDAX), which helped the cryptocurrency’s value surge for a brief period of time. The addition initially triggered a trading frenzy, that ... Read More »

Bitcoin News Roundup 17.12.17

This week’s summary of various cryptocurrency news and developments: New developments: Bitcoin community donates nearly $2 million to Andreas Antonopoulos following Roger Ver tiff The Bitcoin community recently sent nearly $2 million in donations to Andreas Antonopoulos, a community scholar and lecturer who’s authored several books including Mastering Bitcoin, following a tweet from prominent Bitcoin Cash supporter and Bitocin.com CEO ... Read More »

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Bitcoin Mining – Is It Still Profitable?

The best answer for this question would be “it all comes down to how much you will invest.” However, to get a more meaningful answer, there are multiple factors to be considered: 1. The price of bitcoin is constantly changing and the volatility is currently extremely high. One bitcoin is currently worth more than $11,000, and less than a month ... Read More »

Platforms with Bitcoin and Co. are to register their users in a central database, according to the EU Council.

Bitcoin news roundup, December 10, 2017

This week’s summary of various cryptocurrency news and developments: New developments: CBOE to launch Bitcoin futures on December 10 Last week, DeepDotWeb reported on the Chicago Board Options Exchange (CBOE) receiving approval from the U.S: Commodity Futures Trading Commission (CFTC) to trade Bitcoin futures on its platform. At the time, the date in which the regulated exchange would list Bitcoin ... Read More »

Justice does not know what to do with bitcoins

Bitcoin News Roundup 3.12.17

This week’s summary of various cryptocurrency news and developments: New developments: Nasdaq to launch bitcoin futures by mid-2018 According to reports, Nasdaq Inc, the world’s second largest stock market, is set to enable bitcoin futures trading by mid-2018. The financial institution, along with major financial firm Cantor Fitzgerald & Co., is rushing to integrate the cryptocurrency given its recent all-time ... Read More »

Day Trader Used Bitcoin to Hide Earnings from the SEC

A 42-year-old day trader named Joseph P. Willner caught charges relating to illegal broker account usage and market manipulation through a scheme involving Bitcoin and private messaging applications. According to a Securities and Exchange Commission press release, Willner and an accomplice collected more than $700,000 through their “after hours” scheme. Willner’s partner had access to more than 100 brokerage accounts ... Read More »

Bitcoin News Roundup 26.11.17

This week’s summary of various cryptocurrency news and developments: New developments: Mark Karpeles hints at MtGox revival through an ICO According to former MtGox CEO Mark Karpeles, the complexity of the company’s bankruptcy makes it hard for creditors to recover their losses, and a revival of the company may be the way to solve the problem. MtGox’s bankruptcy claims are ... Read More »

Bitcoin news roundup, November 19, 2017

This week’s summary of various cryptocurrency news and developments: New developments: SegWit adoption set to increase as Blockchain wallet, Bitfinex add support SegWit activated on the Bitcoin network back in August and so far, various companies haven’t yet upgraded their systems to adopt it. Recently, Bitcoin’s biggest wallet provider, Blockchain, announced through a blog post that it will add full ... Read More »

Arkansas Sheriff’s Bitcoin Mining Program Sparks Controversy

An Arkansas sheriff’s office launched a bitcoin mining pilot program in its Cyber Crimes Division in hopes that the mined bitcoin will help investigators in future crimes on the darknet. In a statement to the press, detective Olin Rankin said the Cyber Crimes Division plans to use bitcoin in the same ways that criminals use bitcoin in undercover operations on ... Read More »