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Picture this. You’ve invested a substantial amount of your net worth in a single commodity. You can’t hold it, touch it, or predict the price. It isn’t well understood and the market is extremely opaque; at this point no one even knows who is in the market. Most alarmingly, the...

Silk Road is known to be one of the main reasons bitcoin has such a negative standing in the eye of the public. The black market site was closed down in October 2013 for its involvement in criminal activities, such as money laundering and the sale of illegal drugs. Now,...

Illegal Black Market According to a study by the RAND Corporation, illegal black market sites used for buying stolen credit cards and performing other fraudulent activities are harming businesses, governments and individuals. Large corporations such as Target have fallen victim...

Bitcoin Black Market Criminals continue to explore and exploit new technologies for personal gain. It’s no surprise that they would do so using a new technology like bitcoin. Online black markets allow criminals to quietly perform transactions for illegal goods such as...

An American citizen has been arrested for the sale of a hand gun on the bitcoin black market. The unidentified 25-year-old male sold the pistol online to Dutch law enforcement officials in exchange for digital currency. The Amsterdam District Public Prosecutor revealed that the...