Indian NCB Agent Accused of Stealing Seized Bitcoins

An investigator from India’s Narcotics Control Bureau has been arrested for stealing Bitcoin that were connected to a drug bust. According to the reports, an...

Indian Students Involved in Drug Trafficking Using Bitcoin, Arrested

Two university students involved in a drug trafficking operation have been arrested after buying an LSD shipment worth over $100,000 using Bitcoin.

Scams Spike As Bitcoin Price Rises

Bitcoin scams are rising in light of the record-breaking rise of the now-popular cryptocurrency, reports cybersecurity company ZeroFOX.

Only About 800 Users Per Year Report Their Bitcoin Earnings

The IRS requested Coinbase to submit their customer records following only about 800 people per year declaring their Bitcoin profits.

Norway Prosecutors Demand Drug Dealers to Pay Penalty in Bitcoin

Since its outset back in 2009, the Bitcoin cryptocurrency has soldiered on through periods of volatility and uncertainty to become the most widely adopted...

Bitcoin Exchange Coinbase Halts Operations in Hawaii

Reputable Bitcoin exchange Coinbase has announced that it will be withdrawing its operations entirely from Hawaii following the instatement of a regulatory policy that...

Danish Police Arrested Drug Dealers by Tracing Bitcoin Transactions

Bitcoin has always been an important cog in the workings of the deep web. Although it has also proved beneficial in legitimate transactions both on...

Zerocoin Hacked, Attacker Profited 410 BTC

It has emerged that a coding error on the Zerocoin source code allowed a malicious party to create 370,000 phony tokens. The attacker later sold...

Iran to Replace US Dollar, Bitcoin Emerges as a Potential Alternative

The Iranian Central Bank Governor Valiollah Seif’s national television announcement on January 29th effectively rendered the US dollar worthless within the borders of the Middle Eastern oil power.

Racketeers Sending Fake Threat Emails Demanding Bitcoin Ransom

For every real criminal out there, there will always be a phony riding on the coattails of his success. This is especially true when it...

Washington Lawmakers to Ban the Use of Bitcoin for Marijuana Sales

Washington State legislation is determining whether or not to prohibit local marijuana retailers from using and accepting Bitcoin and other cryptocurrencies after an amendment bill was put forward by Democratic State Senator Conway and Republican State Senator Rivers in January.

Employee Fined and Sentenced for Mining Bitcoin on a Fed-Owned Server

Berthaume, a Federal Reserve communications analyst, was sentenced to 12 months’ probation and fined $5,000 for Bitcoin mining on Federal servers.

Over 100,000 Nigerian Merchants Are Now Accepting Bitcoin Payments

Despite its incredible price volatility, Bitcoin is still the world’s most popular cryptocurrency. China is where the largest volume of trade in Bitcoins happens, but Nigeria is catching up as consumers and businesses alike are adopting the cryptocurrency as a valuable tool to trade with.

A State Prosecutor’s Office Paid $1,400 in a Bitcoin Ransom

For the past five years or so, the Avalanche network has been involved in a comprehensive ransomware operation that has seen at least 500,000 computers from all over the world compromised.

Gavin Andresen Now Regrets Getting Involved in the “Who Was Satoshi” Game

Back in May, the internet was abuzz with new information that purportedly named Craig Wright, an Australian academic, as the creator of the Bitcoin protocol who had hidden under the moniker Satoshi Nakamoto.

NCB to Seize 500 Bitcoins from Drug Traffickers

Earlier this year, the Director of the Narcotics Control Bureau (NCB), General RR Bhatnagar had revealed that the NCB had its eyes on what were considered two major darknet drug syndicates as they slowly worked their way to the top operatives in order to shut them down completely.

How To Use Monero

After AlphaBay and Oasis announced that from now on they would be supporting the yet-to-be popular cryptocurrency Monero, /r/DarkNetMarkets subreddit and marketplace forums have been flooded with posts filled with different kinds of misinformation about the subject.

Russia Proposes Jail Term For Bitcoin Users

Russia has been making a great deal of media headlines as the country continues to regulate the use of digital currencies. In fact, Russia’s Ministry...

Bitcoin Becoming A Key Player In The Rise Of Russia’s Drug Trade

The Russian Federal Drug Control deems that Bitcoin poses a security threat to the nation, despite it being an even more preferred way of...
Bitcoin

How Bitcoin Plays A Role In Crimes

Europol’s officials are expressing concern that cryptocurrencies such as Bitcoin have started to play a growing role in illegal activities. This concern was voiced by Europol officials after law enforcement agencies from countries like Bosnia, Germany, United Kingdom, Austria, and Herzegovina met last December. They had gathered to plan and implement ideas to thwart the activities of DD4BC (Distributed Denial of Service for Bitcoin), a group of cybercriminals.

Satoshi Denies He Is Craig Wright

Speculation has been rife over the years that Nakamoto is indeed not a 37 year old Japanese male, as has been represented in the past, but perhaps English as a first language speaker, or even a team of people behind the name. Satoshi Nakamoto was a key part of the steep incline and development of the Bitcoin currency up until mid-2010, where he (or they) handed over control of the source repository to others involved in the development cycle. Since Nakamoto retained control of over one million Bitcoins, this means that approximately $458 million USD is in his control.

Home Of Reported Bitcoin Creator Raided By Authorities

Recently, after a long investigation, the Australian Police raided the home of an Australian academic and entrepreneur, a financial wiz so to speak who might be the missing link that could lead to discovery of identity of Satoshi Nakamoto, the elusive creator of the most famous cryptocurrency, Bitcoin!

Ashley Madison Bitcoin Blackmail Gains Thousands Of Dollars

It was reported that blackmailers might have received thousands of dollars in bitcoin from people who did not want their identity to be revealed...

Man Used Bitcoin To Deal Guns

In a wave of darkweb illegal business crackdown, a 30 year old man in Michigan has been accused of a serious crime of using...

Mt. Gox CEO Arrested On Fraud Charges

Mt. Gox bitcoin exchange CEO Mark Karpeles was arrested on Saturday, Aug. 1, 2015 at 6:00 am on the allegation that he had manipulated...
Bitcoin is a payment system invented by Satoshi Nakamoto, who published the invention in 2008 and released it as open-source software in 2009.

Bitcoin The Sole Exception As Cryptocurrencies Begin To Die

Bitcoin has always been a very volatile currency. Its value is subject to dramatic rises and falls, and this has always worked against it, discouraging...

Is Bitcoin The Answer To Australia’s Savings Tax?

In the modern day and age, we face taxes wherever we go. Your car is taxed, shopping is taxed, and extra taxes also exist...

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