End Of The Silk Road: FBI Says It’s Busted The Web’s Biggest Black Market

“After two and a half years running the booming anonymous narcotics bazaar known as the Silk Road, thedrug kingpin who called himself the Dread Pirate Roberts has allegedly been unmasked.  The Department of Justice has seized the website of the Silk Road’s as well as somewhere between $3.5 to 4 million in bitcoins, the cryptographic currency used to buy drugs on the Silk Road.  In his conversation with me, which took place on July 4th, the Silk Road administrator calling himself the Dread Pirate Roberts espoused Libertarian ideals and claimed that the use of Bitcoin in combination with Tor had stymied law enforcement and ‘won the State’s War on Drugs.'”

http://www.forbes.com/sites/andygreenberg/2013/10/02/end-of-the-silk-road-fbi-busts-the-webs-biggest-anonymous-drug-black-market/

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John McAfee reveals details on gadget to thwart NSA

“John McAfee lived up to his reputation Saturday as tech’s most popular wild child, electrifying an audience with new details of his plan to thwart the NSA’s surveillance of ordinary Americans with an inexpensive, pocket-size gadget.  Dubbed ‘Decentral,’ the as-yet-unbuilt device will cost less than $100, McAfee promised the enthusiastic crowd of about 300 engineers, musicians and artists at the San Jose McEnery Convention Center. ‘There will be no way (for the government) to tell who you are or where you are,’ he said in an onstage interview.  And if the U.S. government bans its sale, ‘I’ll sell it in England, Japan, the Third World. This is coming and cannot be stopped.'”

http://www.mercurynews.com/bay-area-news/ci_24198989/john-mcafee-reveals-details-gadget-thwart-nsa

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3D-printed gun maker to launch Bitcoin wallet next

“We haven’t heard the last of Cody Wilson, the creator of the controversial 3D printed gun that prompted an intervention by the US State Department. For the past two months, the anarchistic 25-year-old has been working on a piece of software designed to help people circumvent the government using the semi-anonymous virtual currency Bitcoin. Wilson’s new product, made with Bitcoin entrepreneur Amir Taaki, is tentatively called Dark Wallet. Bitcoin users rely on digital ‘wallets’ to store their coins, but many wallets are confusing to use. Dark Wallet, which Wilson hopes to launch by February of 2014, will be a browser plug-in that is free, easy to install, and accessible even to non-technical users.”

http://www.theverge.com/2013/9/25/4769916/3d-printed-gun-maker-cody-wilson-to-launch-bitcoin-dark-wallet

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Atlantis: Online Drug Black Market Shuts Its Doors

“One of the sites that was more or less a copy of The Silk Road and the second largest online black market, The Atlantis Market, was forced to shut their doors for good due to ‘security’ reasons. Atlantis offered black market, anonymous items, in exchange for Bitcoin and Litecoin. Users will have one week to withdraw any of their funds before the market shuts down permanently. Below is a statement from the Atlantis team.”

http://cryptosource.org/atlantis-online-drug-black-market-shuts-its-doors/

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Gliph Raises $200,000 To Expand Secure Messaging And Bitcoin Features

“Gliph began in early 2012 as an encrypted messaging app, focused on securing communications across iPhone, Android and web users, protecting all messages with SSL and/or AES-256 encryption. The service also offers the ability to reveal only as much personal information as desired with communication partners, using symbols – or ‘artifacts’, as the company calls them – as the primary personal identifiers. More recently, Gliph has added a number of bitcoin functions to seamlessly transact in the digital currency. Users can link existing wallets from a number of popular options including BIPS, Blockchain.info, or Coinbase.”

http://thegenesisblock.com/gliph-raises-200000-to-expand-secure-messaging-and-bitcoin-features/

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What Do the Latest NSA Leaks Mean for Bitcoin?

“Could the intelligence community have a secret exploit for Bitcoin? It’s rather obvious that Bitcoin presents a very strong financial incentive to break its cryptography, since such a vulnerability could allow an attacker to claim large amounts of virtual currency for themselves. But given the decentralized nature of the currency, it may also be a target for intelligence officials looking for ways to track its use.  Clearly, Bitcoin is on the government’s radar. Knowing how much effort the NSA, amongst others, has placed on cracking encryption, has it tackled Bitcoin too? First, we need to look at how Bitcoin works.”

http://motherboard.vice.com/blog/what-do-the-latest-nsa-leaks-mean-for-bitcoin

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How the US government inadvertently created Wikileaks

“So here you have a non-US citizen at a foreign university doing graduate work studies, and the United States government came barreling in and not only snuffed out the funding and killed his studies, it also barred him from knowing what it was he had been funded to research.  It was at that moment, Julian told me, that he decided he would devote himself to exposing organizations that attempted to keep secrets and withhold information in an effort keep the masses ignorant and disadvantaged.  So you see, depending on who you ask, the US government actually helped create of Wikileaks. And the rest, as they say, is history.”

http://pandodaily.com/2013/09/14/how-the-us-government-inadvertently-created-wikileaks/

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The feds pay for 60 percent of Tor’s development. Can users trust it?

“The NSA’s sustained attempt to get around encryption calls into question many of the technologies people have come to rely on to avoid surveillance. One indispensable tool is Tor, the anonymizing service that takes a user’s Internet traffic and spits it out from some other place on the Web so that its origin is obscured.  So far there’s no hard evidence that the government has compromised the anonymity of Tor traffic. But some on a Tor-related e-mail list recently pointed out that a substantial chunk of the Tor Project’s 2012 operating budget came from the Department of Defense, which houses the NSA.”

http://www.washingtonpost.com/blogs/the-switch/wp/2013/09/06/the-feds-pays-for-60-percent-of-tors-development-can-users-trust-it/

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Toshiba’s quantum cryptography network that even the NSA can’t hack

“A quantum network uses specially polarized photons to encode an encryption key—a very long series of numbers and letters that can unlock a digital file. The photons are then sent down a fiber optic cable until they reach their destination, a photon detector, which counts them, and delivers the key to the intended recipient. If the photons are interfered with, the individual packets of information are forever altered and the recipient can see the telltale signs of tampering.  The next step toward mainstreaming quantum crypto is increasing the distance that photons can travel before they degrade—currently the record is 200 km (124 miles) using a dedicated fiber optic cable.”

http://qz.com/121143/toshiba-has-invented-a-quantum-cryptography-network-that-even-the-nsa-cant-hack/

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What Exactly Are the NSA’s ‘Groundbreaking Cryptanalytic Capabilities’?

“Whatever the NSA has up its top-secret sleeves, the mathematics of cryptography will still be the most secure part of any encryption system. I worry a lot more about poorly designed cryptographic products, software bugs, bad passwords, companies that collaborate with the NSA to leak all or part of the keys, and insecure computers and networks. Those are where the real vulnerabilities are, and where the NSA spends the bulk of its efforts.  While the NSA certainly has symmetric cryptanalysis capabilities that we in the academic world do not, converting that into practical attacks on the sorts of data it is likely to encounter seems so impossible as to be fanciful.”

http://www.wired.com/opinion/2013/09/black-budget-what-exactly-are-the-nsas-cryptanalytic-capabilities/

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