The Silk Road Report: Part II
Much has happened since the first Silk Road report that we released a month ago. In mid-July, a Silk Road user was arrested by Australian police for allegedly transporting unspecified narcotics into the country. The event attracted considerable attention within the Bitcoin community as it was the first "Silk Road-related" arrest ever to take place, and....
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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
Silk Road may be a thing of the past, but a recent report released by The Digital Citizens Alliance - a non-profit organization focused on Internet safety issues - has revealed that the online drugs marketplace is alive and well and - to quote the report - "darker than ever". The report, put together by Cyrus Farivar, and Ars Technica, focuses on a site called Evolution Marketplace, which has reportedly expanded in the wake of Silk Road's seizing to become the leading online black market for illegal drugs (some suggest that the site had already overtaken Silk Road by the time the latter....
Undoubtedly many readers have seen this wallet before, we've linked to it a lot here in articles onCCN. Those are the "Silk Road Bitcoins" seized by a joint federal task force in the October take-down of the infamous online drug marketplace: Silk road. During the take-down that included crazy antics by undercover agents at a public library in a brazen heist to steal Silk Road operator Ross Ulbricht's laptop mid-session, the Feds were able to gain control of 29,655 Bitcoins from Silk Roads' servers. These Bitcoins belonged, in large part, to individual users of Silk Road from around the....
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 Silk Road revolution will not be centralized. Photo via lakpuratravels. Ars Technica recently published an interview with the Dread Pirate Roberts of "Silk Road 2.0", and one of the main points DPR 2.0 made at the end of the interview was that this underground marketplace is a small part of an overall revolution in decentralization. I recently wrote about the ideas of decentralized marketplaces and how they could affect eBay and Amazon, but these marketplaces also play a role when it comes to advancing the philosophy behind Silk Road. It's just a matter of time before this new version....