
“Sheep Marketplace closed down over the weekend after someone got away with 96,000 bitcoins – and angry users are chasing him around the internet. In a normal robbery that money would be gone by now, but it isn’t. Bitcoin is pseudonymous, not anonymous, and bitcoins can’t just disappear. It works because each and every transaction is public and visible to each and every other person using the Bitcoin network, and a person is only as anonymous as their link to their wallet. Right now, as you’re reading this, you can watch as the the thief starts trying to move their bitcoins on again – it’s currently down to 92,000 bitcoins and dropping as smaller chunks begin going out.”
Related posts:
Bitcoin drive gains currency in Germany
Trump signs order giving police greater authority, citing phantom "rising crime"
Tons of radioactive water pouring out of crippled Fukushima nuclear plant
Visitors flock to Pakistani-controlled Kashmir valley in rare tourist boom
Companies cut hours of full-time employees to avoid providing health care under new rules
Alaskan gold miners cry foul over 'heavy-handed' EPA raids
'Follow the Money': NSA Spies on International Payments, Banking, Cards
Cannabis club thrives in Canary Islands
George Soros Prepares to Trade Cryptocurrencies
UBS ‘Rogue trader’ goes to court in $2.3 billion fraud trial
Sen. Lindsey Graham to seek authorization for U.S. attack on Iran
Milwaukee police officer convicted of stealing money while responding to burglary
States Ask Feds for Bigger Budgets to Fix Obamacare Exchanges
Horrific outrage erupts over proposed mosque in Virginia
Rampant recycling fraud is draining California cash