Tag Archives: Road

Ethereum Price may break $500 Resistance on the Road to new All-time High – The Merkle

The past few weeks have been incredibly interesting for all cryptocurrencies on the market right now. While most people talk about the Bitcoin price, no one should overlook the Ethereum price either. Right now, it is only a matter of time until we see an Ethereum price of $500, which puts it on target to […]

Ether remains bullish as Buterin presents solid road map

Ethereum co-founder Vitalik Buterin presented the long-term roadmap of Ethereum development, at a blockchain conference held in Taipei. Investors closely monitor developments related to Ethereum not just because of the recent rally in the price of Ether, but also due to its ability to run smart contracts. Structurally, Ethereum is different from Bitcoin because it […]

Secret Service Agent Who Stole Silk Road Bitcoins Sentenced to Two More Years for Stealing Even More

Photo: AP Shaun Bridges, the 35-year-old Secret Service agent from Baltimore who was sentenced to 71 months in prison in 2016 for stealing over $800,000 in Bitcoin during a government investigation into notorious deep-web market Silk Road, has been sentenced to an additional two years in jail for money-laundering charges, Reuters reported. Per Ars Technica, […]

Feds Miss out on $600 Million Payday in Silk Road Bitcoin Auction

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The U.S. Department of Justice recently claimed the proceeds from the sale of 144,336 bitcoins found in Ross Ulbricht’s laptop, gained from Silk Road’s seizure in 2013. Claiming the proceeds took a couple of years, and netted the government little over $48 […]

Silk Road Bitcoin Sale: U.S. Makes $48 Million

The U.S. Justice Department has claimed the proceeds from the sale of 144,336 bitcoins, valued at just over $48 million, that it obtained after shutting down the notorious online drug market Silk Road in 2013. While the government had already sold the bitcoins in a series of auctions in 2014 and 2015, the creator of […]

Ross Ulbricht Drops Claim to Millions Raised in Silk Road Bitcoin Auctions

Ross Ulbricht, the convicted operator of the now-defunct dark marketplace Silk Road, has dropped a long-standing claim to millions of dollars previously seized by US law enforcement. Court records show that on September 29, US District Judge Katherine Forrest issued an order forfeiting just over $48 million to the US government. Those funds were gained […]

Welcome to Bitcoin Country: Silk Road and the Lost Threads of Agorism

Dr Paul Ennis is a research assistant at the Centre for Innovation, Technology & Organisation at University College Dublin, specializing in bitcoin and blockchain studies. In this opinion piece, Ennis takes a dive into the kinds of sub-cultures bitcoin and cryptocurrencies enable, tracing their origins in libertarianism – and beyond. Not everything is tameable – […]

From Silk Road to ATMs: the history of Bitcoin | Technology

Bitcoin is a digital currency started in 2009 by a mystery figure named Satoshi Nakamoto, whose true identity is still unknown. It is unlike traditional currencies because it has no central bank, nation state or regulatory authority backing it up. The “coins” are made by computers solving a set of complex maths problems. To spend […]

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