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  “Helix” Laundered Bitcoin From Numerous Darknet Markets An Ohio man was arrested for his operation of Helix, a Darknet-based cryptocurrency laundering service. In the three-count indictment unsealed Feb. 11 in the District of Columbia, Larry Harmon, 36, of Akron, Ohio, was charged with money laundering conspiracy, operating an unlicensed money transmitting business and conducting money transmission without a D.C. license.According to the indictment, Harmon operated Helix from 2014 to 2017.  Helix functioned as a bitcoin “mixer” or “tumbler,” allowing customers, for a fee, to send bitcoin to designated recipients in a manner that was designed to conceal the source or...

For the past two weeks, Reason, a magazine dedicated to "Free Minds and Free Markets," has been barred by an order from the U.S. District Court for the Southern District of New York from speaking publicly about a grand jury subpoena that court sent to Reason.com. The subpoena demanded the records of six people who left hyperbolic comments at the website about the federal judge who oversaw the controversial conviction of Silk Road founder Ross Ulbricht. Shortly after the subpoena was issued, the government issued a gag order prohibiting Reason not only from discussing the matter but even acknowledging the...

A former Drug Enforcement Administration (DEA) agent was sentenced today to 78 months in prison for extortion, money laundering and obstruction of justice, which crimes he committed while working as an undercover agent investigating Silk Road, an online marketplace used to facilitate the sale and purchase of illegal drugs and other contraband.

Former govt. agent admits spying on Attkisson, implicates his colleagues. Former U.S. Attorney Rod Rosenstein is accused of leading the group. Govt. hackers allegedly reported to FBI official who now heads CrowdStrike Former FBI Unit Chief confirms he initiated forensic report proving govt. intrusion and reported to Attkisson A former U.S. government agent has admitted participating in the illegal government surveillance on then-CBS New investigative reporter Sharyl Attkisson. The insider has identified former U.S. Attorney Rod Rosenstein as the person responsible for the project. As a result of the new admission, Attkisson and her family are filing suit against Rosenstein...

Some critical thinking here, the author dissects "inflation" then concludes we need crypto currency

Tron’s controversial CEO and chief marketeer Justin Sun has pledged $1 million to climate activist Greta Thunberg. In a tweet to Thunberg posted yesterday, Sun said: “As a young entrepreneur, I share Greta Thunberg’s passion to change the world. Crypto will contribute immensely on reducing carbon footprint by implementing decentralised settlement. I would like to personally commit USD$1 mil to Greta Thunberg’s initiative.” Thunberg, 16, began making headlines in August 2018 after organising a school strike outside the Swedish parliament to protest about the lack of progress being made on preventing climate change. Despite her age, she is quickly becoming...

She told the cheering crowd that OneCoin was on course to become the world's biggest cryptocurrency "for everyone to make payments everywhere". Documents leaked to the BBC show that British people spent almost €30m on OneCoin in the first six months of 2016, €2m of it in a single week - and the rate of investment could have increased after the Wembley extravaganza. Between August 2014 and March 2017 more than €4bn was invested in dozens of countries. … It took McAdam three months to go through it all, but questions were starting to form. She started asking the leaders...

Fileless attacks allow sophisticated hackers to evade antivirus programs and hide inside legitimate applications and operating systems. According to 2019 Endpoint Security Survey, fileless attacks on endpoints are the biggest concern of security experts. In addition, about 53% of organization experience an increase in endpoint security risks. Endpoints are the access point into your data, credentials, environment, and probably your entire organization. Vulnerable endpoints allow attackers to steal data, access your network, and execute ransomware attacks. This article explains how attackers have improved their strategies to bypass traditional antivirus, putting your system at risk. 1. Cryptomining Malware Cryptomining tools convert...

A forensic study on bitcoin’s 2017 boom has found that nearly the entire rise of the digital currency at the time is attributable to “one large player,” although the market manipulator remains unidentified. Finance professors John Griffin and Amin Shams – instructors at University of Texas and the Ohio State University, respectively – analyzed over 200 gigabytes of data for the transaction history between bitcoin and tether, another digital currency. Tether is an asset known as a “stablecoin,” which has its trading value connected to the dollar. The professors’ study found that tethers being traded for bitcoins revealed a pattern....

Rockdale, Texas, a former coal and aluminum producing town hit hard by the exit of those industries. DMG (TSX-V: DMGI), a Canadian firm, will provide hosting and management services for the Texas facility and will work with Bitmain to expand the capacity and to ensure efficient operations of the mining hardware. DMG’s CEO, Dan Reitzik said the selection of his company was a great testament to his team. A communication lapse and apparent delay in the launch of the facility that coincided with a crash in cryptocurrency prices and extensive layoffs at Bitmain had caused concern among Rockdale town officials....

The largest dark web child pornography site in the world has been taken down. That was the word today from the U.S. Attorney’s Office for the District of Columbia, the Justice Department’s Criminal Division, the IRS Criminal Investigation (IRS-CI), and U.S. Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), together with the National Crime Agency of the United Kingdom and Republic of Korea... IRS-CI was able to trace bitcoin transactions to people all over the world who were uploading and downloading this material, as well as find the location of the site administrator. By analyzing the blockchain and de-anonymizing bitcoin...

The dark web, a section of the internet that can only be accessed via a Tor browser, is designed to protect users' tracks online and obscure digital footprints.Jeroen Jumelet / EPA-EFE WASHINGTON — Federal prosecutors have filed multiple charges against a 23-year-old South Korean man accused of running what they call the world's "largest dark web child porn marketplace." The now-shuttered English-language site, called "Welcome to Video," contained more than 200,000 unique videos or almost 8 terabytes of data showing sex acts involving children, toddlers and infants, according to the 18-page criminal indictment unsealed here Wednesday, and processed 7,300...

Google’s announcement that it has achieved “quantum supremacy” with a 53-qubit quantum computer greases the skids for all cryptocurrency and military secrets protected by cryptography to be breakable in a stunning new development that will change the world. The Big Tech corporation’s new quantum processor took a mere 200 seconds to complete a computing task that would normally require 10,000 years on a supercomputer. The 53-qubit quantum computer can break any 53-bit cryptography in seconds, meaning Bitcoin’s 256-bit encryption is vulnerable once Google scales its quantum computing to 256 qubits, something their own scientists say will be possible by 2022....

According to a report in the Financial Times, a team of researchers from Google led by John Martinis have demonstrated quantum supremacy for the first time. This is the point at which a quantum computer is shown to be capable of performing a task that’s beyond the reach of even the most powerful conventional supercomputer. The claim appeared in a paper that was posted on a NASA website, but the publication was then taken down. Google did not respond to a request for comment from MIT Technology Review.

Google researchers have reportedly achieved “quantum supremacy” The news: According to a report in the Financial Times, a team of researchers from Google led by John Martinis have demonstrated quantum supremacy for the first time. This is the point at which a quantum computer is shown to be capable of performing a task that’s beyond the reach of even the most powerful conventional supercomputer. The claim appeared in a paper that was posted on a NASA website, but the publication was then taken down. Google did not respond to a request for comment from MIT Technology Review.Why NASA? Google struck...

If you're not familiar with the term "Bretton-Woods" and "Petrodollar", allow me to provide a brief summary. To help fund World War II, the US ratified the Bretton-Woods agreement, essentialy creating Fiat money (tying only a small fraction of Gold to the US Dollar). Since the US controlled 2/3 of the worlds gold, it placed the US Dollar as the world reserve currency and created the ability to print money on demand (then ultimately leading to a complete severing of gold and the beginning of the endless devaluation of the US Dollar) Bretton-Woods was terminated in 1971, and the Petrodollar...

I mined 980,000 Bitcoins using a remote computer and my laptop in 2009. As Hal Finney explained this in his 2013 Bitcointalk post quite accurately, “those were the days when difficulty was 1, and you could find blocks with a CPU, not even a GPU.” My full legal name is James Bilal Khalid Caan. But I will forever be known as Satoshi Nakamoto.

This must have been subconsciously lodged in my mind, thus creating the surname for Satoshi. I did not learn for many years after I created Bitcoin that Hal lived in the same Temple City, Calif., neighbourhood as one of only three people in the U.S. at the time with the name Satoshi Nakamoto. The man’s full name is Dorian Satoshi Nakamoto, and he was mistakenly identified as me in a Newsweek cover story in 2014. It has been speculated that I sent an email from my old Satoshi address at the time that said, “I am not Dorian Nakamoto.” I...

After a decade of anonymity, Satoshi Nakamoto will break his silence in Part I of his “My Reveal” Sunday, Aug. 18, at 4 p.m. EDT In addition to his real-life identity, Nakamoto will use “My Reveal” to divulge such facts as his country of origin, education, professional background, and why he has yet to move any of his 980,000 bitcoins.

Amid a downturn in the cryptocurrency markets, the apparent swathe of Bitcoin sell-offs from a $3 billion Chinese Ponzi scheme could be to blame. On Aug. 14, Dovey Wan — founding partner of blockchain-based investment company Primitive Ventures — called attention to the ongoing mass sell-offs from the fraudulent Chinese investment scheme, dubbed PlusToken. 10 million investors scammed of $3 billion As Wan outlines, PlusToken was created in mid-2018 and promised high yield investment returns at different rebate percentages to its four tiers of member — a classic Ponzi scheme structure. By early 2019, the project claimed to have over...