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Underground Website Lets You Buy Any Drug Imaginable

Making small talk with your pot dealer sucks. Buying cocaine can get you shot. What if you could buy and sell drugs online like books or light bulbs? Now you can: Welcome to Silk Road. About three...

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New Malware Steals Your Bitcoin

In a sure sign that the virtual currency Bitcoin has hit the mainstream, a new Trojan horse program discovered in the wild Thursday seeks out and steals victims’ Bitcoin wallets, the same way other...

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Bitcoin Prices Plummet on Hacked Exchange

The Bitcoin community faced another crisis on Sunday afternoon as the price of the currency on the most popular exchange, Mt.Gox, fell from $17 to pennies in a matter of minutes. Trading was quickly...

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Bitcoin’s Comeback: Should Western Union Be Afraid?

The last time we wrote about Bitcoin, in October, the currency’s future looked grim. A series of security incidents had created an avalanche of bad press, which in turn undermined public confidence in...

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Cutting Through the Bitcoin Hype: A Security Expert’s Take

I’m on neither “Team Bitcoin” nor “Team Global Financial System.” I’m on “Team Lets Fix This Thing.” Who am I to say? I’m not an economist; I’m a hacker, who has spent his career exploring and...

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