Notorious dark web marketplace Evolution has vanished amid reports that its administrators have absconded with more than $12m in bitcoin. Accessible only via the Tor network, the market had become the go-to online drug bazaar following the shut down of Silk Road and Operation Onymous, a pan-agency crackdown on illicit markets that seized over 400 domains in […]

One of the longest-operating bitcoin startups has suffered a hot wallet attack that resulted in the loss of 150 BTC, or roughly $42,900 at press time. Founded by Ira Miller and investor Erik Voorhees in 2012, Coinapult announced the compromise on Twitter, advising customers to refrain from sending bitcoin to Coinapult addresses until the problem […]

“How much is he dumping?” The phrase comes to surface amid a collection of voices, most discussing the unknown trader. The room focuses on his (or her) observable market influence, dissecting how and why he closed all his short positions for signs of strategy. “He was defending that position,” one of the voices says with […]

Online retail giant Overstock has released new insight into the buying behavior of its bitcoin customer base, revealing bed sheets have become the demographic’s favorite item to purchase. The top five items bought on Overstock with bitcoin are now sheets, donations to non-profits, headphones, cases and holders, and area rugs, respectively. Cables and tools, mattresses, […]

Over 20 hours of hacking at the Decentralize This! hackathon in Tel Aviv has resulted in the creation of bitcoin’s own Million Dollar Homepage – among many other interesting projects. From Thursday evening until far into Friday afternoon, over 50 programmers spent more than 20 hours brainstorming, conceptualizing and coding at the first Decentralize This! hackathon […]