Archive | black market

India’s Government Agencies Still Have ‘Concerns’ About Bitcoin

Indian officials revealed last week that the country’s tax agency and investigation taskforce have concerns about money laundering and black market activities associated with bitcoin. India’s Special Investigation Team (SIT) is in the midst of drafting a report detailing problematic issues regarding the decentralized cryptocurrency. Also read: India Considers Issuing Its Own Bitcoin-Like Cryptocurrency as Legal […]

Bitcoin Helps Venezuelan Families Avoid Starvation

On May 24 a cryptocurrency enthusiast revealed that bitcoin was saving his parents and sister from suffering from starvation. The U.S. resident says his family lives in Venezuela and bitcoin is giving them the opportunity to purchase food and pay bills while the economy crumbles around them. Also read: South Korean Bitcoin Exchanges Trade $1000 Over […]

Mainstream Media Columnist Says SEC Should Reject Bitcoin ETF

A recent opinion piece coming from the publication the Hill has exclaimed that if the U.S. Securities and Exchange Commission (SEC) approves a bitcoin exchange-traded fund (ETF), it will lead mainstream investors to “slaughter.” Also Read: The New 110% Unlimited Mining Pool is Now Open to Everyone Hill Author Believes SEC Approving a Bitcoin ETF […]

Victorian Government “makes the most of” 24,500 BTC Confiscated From Online Drug Dealer

Local Government authorities in Victoria, Australia announced today they are looking to sell US$7.1m worth of bitcoins on the open market in the coming months.

Cash Buys Charlie Hebdo Massacre, Bitcoin says Adieu aux Armes

The Charlie Hebdo terror and other Paris attacks renew concerns about the ease with which terrorist cells in Europe can get illegal arms. Media outlets have even started to speculate that some of the

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, […]