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Carl Mark Force IV, the fourth in his family to carry that amazing name, has pleaded guilty to stealing hundreds of thousands in bitcoin, as part of a plea deal with prosecutors. This follows last week’s guilty plea by his accomplice, former Secret Service special agent Shaun Bridges. During the bizarre coda of the Silk […]

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It has now been confirmed that the administrator of the 2nd largest darknet drug marketplace, BlankBank, has stolen all user funds, believed to be somewhere between 600-1200 bitcoins or around $150k-300k (at time of writing). Back in May, BlackBank, went down to maintenance to supposedly to install a “Bitcoin tumbler” or money laundering software. Darknet […]

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A Crown Heights resident lost $1,100 worth of the futuristic digital currency bitcoin in an old-fashioned stick-up last week, DNAinfo reports. The man responded to a Craigslist offer to trade bitcoin for cash. He met the thief on May 27 at the corner of Troy Avenue and Crown Street, and got into a parked car […]

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After proposing rules last year, New York State’s Department of Financial Services has granted a license to bitcoin exchange itBit, allowing the company to immediately begin accepting US customers. This makes itBit the first and only U.S. licensed and regulated bitcoin exchange as a trust charter company in full compliance with New York and federal […]

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Evolution Market, the darknet black market site that sold everything from stolen credit cards to hard drugs, is gone. The site won’t load, and all the bitcoins are gone as well. Evolution staff members announced the pseudonymous administrators “Kimble” and “Verto” have taken all the bitcoins and run. Many merchants and buyers are despairing, and […]

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Cody Wilson is well-known for stirring controversy. He masterminded the 3D-printed gun prototype that ruffled feathers. He now works on Dark Wallet, which could make tracking bitcoin transactions a lot harder for regulators. Most recently, the self-proclaimed crypto-anarchist tried to take down bitcoin’s leading non-profit, the Bitcoin Foundation. Bitcoin is, of course, a new technology […]

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Bitcoin, the free-wheeling, scam-infested, “fuck the system” techno-libertarian cryptocurrency, lost the dyed hair and leather jacket. He finally bought a nice suit, shined leather shoes and grew up. On Wednesday night, finance and venture capital firms, bitcoin startups, economic think-tanks, and former government big-wigs gathered to talk bitcoin at the Museum of American Finance. Previous […]

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Defense attorneys for Ross Ulbricht, the man accused of being head of Silk Road Dread Pirate Roberts, allege that former CEO of now defunct bitcoin exchange Mt. Gox CEO Mark Karpeles was the real mastermind of the online black market. Motherboard reports that under cross-examination, a Homeland Security agent said he was preparing to get […]

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If news of Snowden’s exile or Chelsea Manning’s arrest has you too spooked to run away with that CD of government secrets you cunningly labeled “Ke$ha Mix,” then get hyped for Slur. Developers claim that Slur is an open source, decentralized, anonymous bitcoin market for the express purpose of selling secrets. From the site: Slur […]

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The stats are in: Bitcoin was officially the worst investment of 2014, with a year-to-date loss of 52 percent (though the panicky 1 AM actions of the Russian central bank may yet lead the ruble to “victory”). Suffice to say, bitcoin has had a bad year. After last year’s hype, one of the largest, and […]

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