Silk Road News

Check out the Latest News on Silk Road | Cointelegraph

The Silk Road was a darknet market best known as a platform for selling illegal goods. It operated as a Tor hidden service to exclude traffic monitoring, which was convenient for criminals to deliver their services through the network. Silk Road was launched in February 2011 and already had 10,000 products for sale 70% of which were drugs by March 2013.

Although there were a lot of illegal products on the site, there were also restrictions: child pornography, stolen credit cards, assassinations, and weapons of any type were banned for sale and exchange. The site provided some legal goods as well, such as apparel, art, books, cigarettes, erotica, jewelry, and writing services.

The Silk Road was shut down in October 2013 by the FBI, whose agents also arrested Ross William Ulbricht, the founder of the system. There were two attempts to recreate the Silk Road, but both of them have been unsuccessful. The latest news on the Silk Road promises no further attempts.

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A Brief History of Bitcoin: 10 Years of Highs and Lows

OCT 31, 2018 | by Gareth Jenkinson

Bitcoin was brought to life in Satoshi Nakamoto’s white paper 10 years ago and Cointelegraph takes a look at the whirlwind decade since its inception.

6878 | 1

Bitcoin White Paper – 10 Years Since Satoshi’s Vision Was Brought to Life

OCT 31, 2018 | by Gareth Jenkinson

As Bitcoin celebrates the 10th anniversary of its white paper, Cointelegraph explores the various influences that breathed life into cryptocurrency.

6496 | 1

Silk Road’s Ross Ulbricht Denied Review of Prison Life Sentence by Supreme Court

JUN 28, 2018 | by Molly Jane Zuckerman

Ross Ulbricht, currently serving a life sentence for his participation in the now-closed Silk Road marketplace, has his sentence review denied by the Supreme Co...

20093 | 6

US Prosecutors Seize $17 Mln in BTC, Seek 4,000 BTC More for Dark Web Dealings

JUN 27, 2018 | by Marie Huillet

U.S. prosecutors have seized around $17 mln in BTC and other cryptocurrencies from both men, and are also seeking to forfeit the value of a further 4,000 BTC.

16085 | 4

Silk Road Federal Prosecutor: Blockchain Played Key Role In Investigation Of Fed. Agents

APR 12, 2018 | by Molly Jane Zuckerman

Kathryn Haun, a former US federal prosecutor and head of a crypto task force, spoke positively about Bitcoin and Blockchain in a recent interview.

17412 |

US: Federal Prosecutors Ask For Forfeiture Of 500 BTC

MAR 02, 2018 | by Molly Jane Zuckerman

500 BTC ($5.5 mln) to be seized if four people in Ohio are convicted of selling and transferring fake identification documents.

25411 | 4

Is Darknet Done With Bitcoin?

FEB 10, 2018 | by Patrick Thompson

A new study has found that Bitcoin is losing popularity on the Darknet.

101621 | 18

Regulated, Government Issued Cryptos to Challenge Bitcoin in 2018

FEB 01, 2018 | by Gareth Jenkinson

Government-issued cryptocurrency seems to be a likely answer for countries that are looking to ban or regulate the likes of Bitcoin.

71540 | 21

Governments Using Crypto as a Reason to Spy on Us

DEC 10, 2017 | by Gareth Jenkinson

Are governments trying to use cryptocurrencies as another reason to spy on us?

46811 | 7

Silk Road Agent Bridges Gets 2 Extra Years Jail Over Second Bitcoin Theft

NOV 08, 2017 | by William Suberg

The Silk Road secret agent serving over six years for theft of Bitcoins will now serve eight as further charges are brought.

14521 | 1

Feds Claim Proceeds from Seized Silk Road Fortune at Only $334 per Bitcoin

OCT 03, 2017 | by Darryn Pollock

The US Justice Department was finally able to claim the proceeds from the sale of 144,336 Bitcoins sized when they shut down illicit online market, the Silk Roa...

11964 | 1

Bitcoin Blockchain Analysis Could Fight Sex Trafficking: UC Berkeley PhD Research

AUG 27, 2017 | by Jacob J

Blockchain analysis has been used by a UC Berkeley PhD candidate to identify sex trafficking rings, through the linking of Bitcoin payments made for online adul...

66770 | 1

Silk Road Secret Service Agent Admits Second Swipe of Bitcoin

AUG 17, 2017 | by Darryn Pollock

Disgraced Secret Service Agent who embezzled confiscated Silk Road Bitcoin has now admitted he stole more than he originally admitted to.

5066 | 1

Dark Web Market AlphaBay Shut Down by US Authorities

JUL 26, 2017 | by Joshua Althauser

US government, in cooperation with European authorities, has shut down the infamous dark web market, AlphaBay.

10906 | 1

Tim Draper Acquires 10% of Anti-Email Spam Blockchain Project Credo

JUL 22, 2017 | by Joshua Althauser

Will this anti-spam project follow the footsteps of Tezos as Tim Draper invests in their project ahead of ICO schedule.

15339 | 2

Is Darknet Done With Bitcoin?

FEB 10, 2018 | by Patrick Thompson

A new study has found that Bitcoin is losing popularity on the Darknet.

101621 | 18

Regulated, Government Issued Cryptos to Challenge Bitcoin in 2018

FEB 01, 2018 | by Gareth Jenkinson

Government-issued cryptocurrency seems to be a likely answer for countries that are looking to ban or regulate the likes of Bitcoin.

71540 | 21

Bitcoin Blockchain Analysis Could Fight Sex Trafficking: UC Berkeley PhD Research

AUG 27, 2017 | by Jacob J

Blockchain analysis has been used by a UC Berkeley PhD candidate to identify sex trafficking rings, through the linking of Bitcoin payments made for online adul...

66770 | 1

Governments Using Crypto as a Reason to Spy on Us

DEC 10, 2017 | by Gareth Jenkinson

Are governments trying to use cryptocurrencies as another reason to spy on us?

46811 | 7

US: Federal Prosecutors Ask For Forfeiture Of 500 BTC

MAR 02, 2018 | by Molly Jane Zuckerman

500 BTC ($5.5 mln) to be seized if four people in Ohio are convicted of selling and transferring fake identification documents.

25411 | 4

Bitcoin is Not Responsible for Online Drug Dealing

JUN 15, 2017 | by Shivdeep Dhaliwal

We must address the elephant in the room and tackle the real issue why drugs are being sold online.

24950 | 2

Mysterious Ethereum Millionaire Sparks New Debate on Anonymity

JUL 11, 2017 | by Darryn Pollock

A mysterious Ethereum trader has boasted about earning $283 mln in just one month which renewed concerns about the anonymous nature of cryptocurrencies.

22305 | 7

Silk Road’s Ross Ulbricht Denied Review of Prison Life Sentence by Supreme Court

JUN 28, 2018 | by Molly Jane Zuckerman

Ross Ulbricht, currently serving a life sentence for his participation in the now-closed Silk Road marketplace, has his sentence review denied by the Supreme Co...

20093 | 6

Dark Market AlphaBay Goes Way Of Silk Road After Operator Found Dead

JUL 14, 2017 | by Alexander Geralis

Shadow online marketplace AlphaBay is shut down in a sting operation reminiscent of the Silk...

18770 | 2

Silk Road Federal Prosecutor: Blockchain Played Key Role In Investigation Of Fed. Agents

APR 12, 2018 | by Molly Jane Zuckerman

Kathryn Haun, a former US federal prosecutor and head of a crypto task force, spoke positively about Bitcoin and Blockchain in a recent interview.

17412 |

US Prosecutors Seize $17 Mln in BTC, Seek 4,000 BTC More for Dark Web Dealings

JUN 27, 2018 | by Marie Huillet

U.S. prosecutors have seized around $17 mln in BTC and other cryptocurrencies from both men, and are also seeking to forfeit the value of a further 4,000 BTC.

16085 | 4

How to Fight Al-Qaeda and ISIS Using Bitcoin And Shift Balance of Power

JUL 17, 2017 | by Guest Author

Virtual currency won’t make it easier for terrorists, but actually harder. Send Bitcoin undercover today to fight the war on terror

15389 | 6

Tim Draper Acquires 10% of Anti-Email Spam Blockchain Project Credo

JUL 22, 2017 | by Joshua Althauser

Will this anti-spam project follow the footsteps of Tezos as Tim Draper invests in their project ahead of ICO schedule.

15339 | 2

Silk Road Agent Bridges Gets 2 Extra Years Jail Over Second Bitcoin Theft

NOV 08, 2017 | by William Suberg

The Silk Road secret agent serving over six years for theft of Bitcoins will now serve eight as further charges are brought.

14521 | 1

Feds Claim Proceeds from Seized Silk Road Fortune at Only $334 per Bitcoin

OCT 03, 2017 | by Darryn Pollock

The US Justice Department was finally able to claim the proceeds from the sale of 144,336 Bitcoins sized when they shut down illicit online market, the Silk Roa...

11964 | 1

Regulated, Government Issued Cryptos to Challenge Bitcoin in 2018

FEB 01, 2018 | by Gareth Jenkinson

Government-issued cryptocurrency seems to be a likely answer for countries that are looking to ban or regulate the likes of Bitcoin.

71540 | 21

Is Darknet Done With Bitcoin?

FEB 10, 2018 | by Patrick Thompson

A new study has found that Bitcoin is losing popularity on the Darknet.

101621 | 18

Governments Using Crypto as a Reason to Spy on Us

DEC 10, 2017 | by Gareth Jenkinson

Are governments trying to use cryptocurrencies as another reason to spy on us?

46811 | 7

Mysterious Ethereum Millionaire Sparks New Debate on Anonymity

JUL 11, 2017 | by Darryn Pollock

A mysterious Ethereum trader has boasted about earning $283 mln in just one month which renewed concerns about the anonymous nature of cryptocurrencies.

22305 | 7

How to Fight Al-Qaeda and ISIS Using Bitcoin And Shift Balance of Power

JUL 17, 2017 | by Guest Author

Virtual currency won’t make it easier for terrorists, but actually harder. Send Bitcoin undercover today to fight the war on terror

15389 | 6

Silk Road’s Ross Ulbricht Denied Review of Prison Life Sentence by Supreme Court

JUN 28, 2018 | by Molly Jane Zuckerman

Ross Ulbricht, currently serving a life sentence for his participation in the now-closed Silk Road marketplace, has his sentence review denied by the Supreme Co...

20093 | 6

US Prosecutors Seize $17 Mln in BTC, Seek 4,000 BTC More for Dark Web Dealings

JUN 27, 2018 | by Marie Huillet

U.S. prosecutors have seized around $17 mln in BTC and other cryptocurrencies from both men, and are also seeking to forfeit the value of a further 4,000 BTC.

16085 | 4

US: Federal Prosecutors Ask For Forfeiture Of 500 BTC

MAR 02, 2018 | by Molly Jane Zuckerman

500 BTC ($5.5 mln) to be seized if four people in Ohio are convicted of selling and transferring fake identification documents.

25411 | 4

Dark Market AlphaBay Goes Way Of Silk Road After Operator Found Dead

JUL 14, 2017 | by Alexander Geralis

Shadow online marketplace AlphaBay is shut down in a sting operation reminiscent of the Silk...

18770 | 2

Tim Draper Acquires 10% of Anti-Email Spam Blockchain Project Credo

JUL 22, 2017 | by Joshua Althauser

Will this anti-spam project follow the footsteps of Tezos as Tim Draper invests in their project ahead of ICO schedule.

15339 | 2

Bitcoin is Not Responsible for Online Drug Dealing

JUN 15, 2017 | by Shivdeep Dhaliwal

We must address the elephant in the room and tackle the real issue why drugs are being sold online.

24950 | 2

Unsealed Transcript Shows How Judge Justified Ross Ulbricht's Life Sentence

OCT 09, 2015 | by Evander Smart

Back in May, New York District Court Judge Katherine Forrest sentenced Silk Road website founder Ross Ulbricht to life in prison.

871 | 1

Feds Claim Proceeds from Seized Silk Road Fortune at Only $334 per Bitcoin

OCT 03, 2017 | by Darryn Pollock

The US Justice Department was finally able to claim the proceeds from the sale of 144,336 Bitcoins sized when they shut down illicit online market, the Silk Roa...

11964 | 1

Author of ‘Down the Deep, Dark Web’: Silk Road was Proof of Concept

AUG 20, 2016 | by Amelia Tomasicchio

Cointelegraph spoke to the writer and associate producer of TV movie documentary ‘Down the Deep, Dark Web’ (2016) Yuval Orr about Silk Road, crypto-anarchists a...

352 | 1

Silk Road Agent Bridges Gets 2 Extra Years Jail Over Second Bitcoin Theft

NOV 08, 2017 | by William Suberg

The Silk Road secret agent serving over six years for theft of Bitcoins will now serve eight as further charges are brought.

14521 | 1