Author Archives: cazalla

Users Of Evo Marketplace & BTC-E Are Like Two Peas In A Pod

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With claims that the shut down of the Evolution marketplace may have netted the owners as much as 130,000 BTC, rumours began circulating yesterday that BTC-E ceased withdrawals so as to limit the ability of the thieves to exchange their new found riches for what some people call untainted coins.

The rumour that BTC-E had paused withdrawals as a result of stolen coins entering the exchange came from an Australian by the name of paulgr. Paulgr, who is a moderator for the BTC-E chat room said: Continue reading →

National Bank of Romania Clarifies Its Position On Bitcoin

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In a press release dated the 11th of March 2015, the National Bank of Romania clarified its position on Bitcoin stating that it is neither a national nor foreign currency, that no-one is obligated to accept bitcoin as a means of payment and that is not a form of electronic money as defined by the law.

Referencing the risks associated with Bitcoin as claimed by the European Central Bank and European Banking Authority, BNR advises consumers to be mindful of such risks and finished by saying that the BNR will attempt to keep track of Bitcoin's progress.

Evolution Shuts Up Shop, Taking User Funds With It

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In a forum where its users discuss the buying and selling of drugs in full view of the public, rumours are circulating that the darknet market place named Evolution has closed its doors with the owners taking with them anywhere up to 43,000 BTC in user funds.

Deepdotweb first reported yesterday on the difficulties Evolution users were facing in withdrawing their bitcoins. To placate those users, Kimble, one of the owners of Evolution provided this explanation for the delay: Continue reading →

Amid Decision To Close, AllCrypt.com Reports Hot Wallet Theft

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Off the back of an announcement that the AllCrypt.com bitcoin/altcoin exchange would be going offline as of the 31st of March due to low trading volume, the site now reports that its hot wallet has been emptied to the tune of about 42 BTC 37 BTC1 The alleged theft comes just one month after AltCrypt.com's twitter account claimed that its users bitcoins were safe due to the site being "too small and insignificant" to matter. Continue reading →

  1. It was at first claimed on the AllCrypt.com website that the theft totalled 42 BTC – 12 BTC owned by the site and 30 BTC owned by users. The AllCrypt.com twitter account claims different figures. ↩

Mycelium's Entropy To Begin Shipping

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Mycelium has announced that their frauduct known as Entropy will begin shipping out to customers as of this coming Monday. Mycelium's Entropy, which was Indiegogo'd to the tune of $31,271 back in June through August last year, was originally slated to ship in October of 2014 but was delayed due to manufacturing issues as well as a decision to change the design of the case.

Sold under the pretence of being the safest way to generate a paper wallet, pre-orders for the first batch of units quickly sold out. The Indiegogo page for Entropy describes the unit as: Continue reading →

Latest Ransomware Targets Game Files & Related Applications

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Bromium Labs reports that a new variant of CryptoLocker has been spotted and that it is designed so as to specifically target gamers rather than taking the broad approach previously seen in earlier versions of 'the popular to edit so as to make your own' ransomware.

The latest variant reportedly targets 185 file extensions including ones associated with popular online games such as World of Warcraft, League of Legends, Starcraft 2 and Day Z. Additionally, the ransomware seeks out file extensions associated with programs such as Unity 3D in what is likely to be an assumption by the malware creator that these files are valued much more so by its owner than that of saved game files. Continue reading →

Winner Of 27K Bitcoins Purchased At USMS Auction Revealed

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To date, the United States Marshal Service has allegedly held three auctions for a portion of the 144,000 bitcoins confiscated in the wake of the October 2013 Silk Road bust. These auctions are claimed by Qntra to have allegedly occurred due to the continued refusal by the USG to respond to FOIA requests for further information on the alleged winners of the Bitcoin auctions. To that end, Qntra conducted and has now concluded its own investigation into the identity of the winner of the largest sum of bitcoins in the auction held by the USMS on the 5th of March 2015. That person's identity can now be revealed as real estate advisor, property manager, investor and entrepreneur Larry Dean Silvey. Continue reading →