Silk Road's "The Armory" Terminated
The owner and operator of Silk Road, aliased as Dread Pirate Roberts, announced on August 2nd, 2012 that "The Armory", an extension of Silk Road focused on allowing users to anonymously buy and sell munitions, will be closing. Roberts cited a low and continuously declining number of transactions - enough that the 10% take of Silk Road wasn't even enough....
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Armory, a popular bitcoin wallet considered by security experts and bitcoin developers including Ethereum founder Vitalik Buterin as the world’s most secure bitcoin wallet has officially terminated its operations today. Over the past five years, Armory had led the evolution of bitcoin wallet technologies by providing the most advanced and secure bitcoin client tailored for large storage of bitcoins. The problem, however, appeared in the business and financial aspect of the company. Ultimately, Armory is an independent business, which relies on its own funds for the development of advanced....
The latest reincarnation of the deep web marketplace, in the form of Silk Road 3.0 is started by the people behind Crypto Market. Will they be able to live up to the expectations? Silk Road is reincarnated for the fourth time. The deep web marketplace is back online after its predecessors were forcibly shut down by the law enforcement agencies resulting in the creator’s arrest and incarceration. Silk Road used to be a network of trade routes traversing through the whole of Asian continent to connect with the Mediterranean Sea. It originally got its name for being the route taken by the....
The FBI shut down black marketplace Silk Road a year ago. This hidden website was used for the sale and purchase of items and services such as drugs, weapons, fake passports and other forged documents. To refresh your memory of the full Silk Road story, check out our interactive timeline below: This article is part of CoinDesk's Silk Road: One Year On series. Keep checking back for new additions to the series. Road. Silk RoadTimelines
If reports are to be believed, a new version of the online drug marketplace Silk Road - "Silk Road Reloaded" - has been launched recently. It is only a coincidence that the new Silk Road's introduction arrived only after the death of its predecessor Silk Road 2. In fact, our research revealed that Silk Road Reloaded was in development for over a year. This somewhat indicates that the makers of previous versions may not be backing this new project after all. And it reflects in the outcome as well. Silk Road Reloaded apparently uses "I2P" instead of the Fed's favorite Tor. I2P stands for....
The Silk Road 2.0 saga continues, a 29-year old Briton has pleaded guilty to supplying and possessing drugs on the Silk Road 2.0 platform. Silk Road 2.0 was the successor of nefarious drug-dealing platform Silk Road, created by Ross Ulbricht in order to create a use case for popular digital currency Bitcoin. The history of Bitcoin has been plagued by both Silk Road and Silk Road 2.0 platforms. Not because these platforms created new use cases for the popular digital currency, but because they are both associated with illegal substances, drugs and other illicit dealings. Ever since both....