Tag Archives: Crypto-Anarchism

Did A Silk Road Successor Just Commit the Perfect Bitcoin Scam?

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“Yesterday, Sheep Marketplace, an anonymous digital narcotics bazaar that grew popular after the shutdown of the Silk Road, announced that it had been robbed of 5,400 bitcoins—the equivalent of $6 million at current exchange rates—and then promptly shut itself down. This came just days after Black Market Reloaded announced it would be shutting down due to an inability to absorb a massive influx of new users leaving Sheep Marketplace.  So, was the Sheep Marketplace a scam, or was the site, as its admins claim, the victim of theft? The consensus on Reddit, SheepMarketScam, and the site’s forum is that the black market’s creators were the thieves.”

http://motherboard.vice.com/blog/did-one-of-the-silk-roads-successors-just-commit-the-perfect-bitcoin-scam

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Can We Ever Trust Black Market Websites Again?

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“When you thought that customers were safe from vendors because of the review and escrow system, and vendors were safe from the authorities because of all the technical efforts made by the market site owners (and lack of mistakes, unlike the Silk Road owner) to ensure everyone’s anonymity, making the whole thing a great place to engage in illegal activities, turns out there’s a new problem in town: market sites scamming vendors and customers alike.  Atlantis was the first to go, taking everyone’s money. Then one of the markets that popped up after SR went down and was gaining popularity also shut down, also taking everyone’s money with it.”

http://www.manuelflara.com/can-we-ever-trust-black-market-websites-again/

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Say hello to Safeplug, Pogoplug’s $49 Tor-in-a-box for anonymous surfing

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“Safeplug is essentially Linux-based hardware packaging for Tor, which is slightly-hard-to-use software for people who want to surf the web anonymously. Tor does this using encryption and by bouncing everyone’s traffic around other users’ connections, making it almost – but not always — impossible to see who’s visiting which page. Safeplug also automatically blocks ads.  ‘We’re huge fans of Tor and are very good at building these small appliances,’ Pogoplug CEO Dan Putterman told me, explaining that Safeplug just needs to be plugged into the user’s router. ‘It takes 60 seconds to install, then all of your in-home internet access becomes completely anonymized.'”

http://gigaom.com/2013/11/21/say-hello-to-safeplug-pogoplugs-49-tor-in-a-box-for-anonymous-surfing/

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Researchers Retract Report That Linked Bitcoin Creator and Silk Road

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“Two Israeli computer scientists who over the weekend published a paper describing a financial connection between the Bitcoin peer-to-peer transaction system and the operator of Silk Road, an Internet black market, have backed away from the claim after an independent security researcher took responsibility for the puzzling account that generated the transfer.  According to Meni Rosenfeld, a mathematician who is chairman of the Israeli Bitcoin Association, one possibility is that the Silk Road service might have been run by a group, rather than an individual. This might explain why the F.B.I. has not been able to easily recover the additional Bitcoins.”

http://bits.blogs.nytimes.com/2013/11/27/researchers-retract-report-that-linked-bitcoin-creator-and-silk-road/

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Protoshares & Selfish Mining

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“Daniel Larimer is the driving force behind Project Keyhotee, Bitshares futures markets and the Protoshares decentralized, CPU minable currency that he hopes will power it all. Our talk on episode 44 (Mindtomatter – E44-ive-seen-better-days-lets) about Project Keyhotee, the secure Identity/Money/Communications platform was one of the most popular we’ve ever run, and I caught up with Daniel a few days ago about what happens next.”

http://letstalkbitcoin.com/e57-protoshares-selfish-mining/

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The Idiot’s Guide to Becoming a Bitcoin Billionaire

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“Bitcoin is flourishing. And thanks to exchanges like Mt. Gox and sites like Gyft that allow you to spend bitcoins on dollar-denominated gift cards, using bitcoins to freely move digital money between persons will likely remain in demand for some time to come. It’s especially advantageous across borders and along other avenues where it might be difficult or impossible to make such transfers without raising eyebrows, finding oneself in a room with an interrogator, or being blocked altogether.”

http://www.caseyresearch.com/cdd/the-idiots-guide-to-becoming-a-bitcoin-billionaire

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Napster Documentarian’s Next Project: The Untold Story of Bitcoin

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“The way director Alex Winter sees it, Napster, WikiLeaks and Bitcoin are just threads in the same yarn – a story of a deep divide growing between the internet that everyone can see and a more mysterious web where peer-to-peer pioneers rule. ‘With Downloaded I was less interested in the implications of music or file-sharing… and more concerned with what peer-to-peer architecture meant in terms of creating global community, which could be used for good or ill,’ Winter told WIRED. ‘What’s going on with [Bitcoin] is just the evolution of peer-to-peer architecture – this is just an outgrowth of the story I started to tell with Napster.'”

http://www.wired.com/underwire/2013/11/bitcoin-documentary/

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Alleged Silk Road Boss Now Accused Of Six Murders-For-Hire, Denied Bail

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“The journal, according to Turner’s account, also details how Ulbricht grew several kilos of psychedelic mushrooms in a lab in an ‘off-the-grid’ cabin to have an initial product to sell on the Silk Road. In a spreadsheet found on Ulbricht’s computer, Turner said Ulbricht’s expenses and income were listed, including a line for ‘sr inc.’ that he said listed its value at $104 million.  To support the prosecution’s argument Ulbricht represented a flight risk, he noted that Ulbricht had taken steps towards applying for citizenship in the island nation of Dominica, and had discussed moving there with friends on Facebook.”

http://www.forbes.com/sites/andygreenberg/2013/11/21/alleged-silk-road-ross-ulbricht-creator-now-accused-of-six-murder-for-hires-denied-bail/

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Meet The ‘Assassination Market’ Creator Who’s Crowdfunding Murder

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“According to Assassination Market’s rules, if someone on its hit list is killed–and yes, Sanjuro hopes that many targets will be–any hitman who can prove he or she was responsible receives the collected funds.  For now, the site’s rewards are small but not insignificant. In the four months that Assassination Market has been online, six targets have been submitted by users, and bounties have been collected ranging from ten bitcoins for the murder of NSA director Keith Alexander and 40 bitcoins for the assassination of President Barack Obama to 124.14 bitcoins–the largest current bounty on the site–targeting Ben Bernanke, chairman of the Federal Reserve.”

http://www.forbes.com/sites/andygreenberg/2013/11/18/meet-the-assassination-market-creator-whos-crowdfunding-murder-with-bitcoins/

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Disruptions: A Digital Underworld Cloaked in Anonymity

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“That this story intruded here, at a public library in a nice little neighborhood, says a lot about the dark corners of the Internet. Glen Park isn’t the gritty Tenderloin over the hills, or Oakland or Richmond out in East Bay. And that is precisely the point. The Dark Web, as it is known, is everywhere and nowhere, and it’s growing fast.  No sooner was the old Silk Road shut down than a new, supposedly improved Silk Road popped up. Other online bazaars for illegal guns and drugs are thriving.  And the Dread Pirate Roberts — the old one, a new one, who knows? — is back, taunting the authorities. (The pseudonym is a reference to a character in the film ‘The Princess Bride’.)”

http://bits.blogs.nytimes.com/2013/11/17/disruptions-a-digital-underworld-cloaked-in-anonymity/?_r=0

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