How Do Hackers Stay Anonymous Online?

How Do Hackers Stay Anonymous Online?

The one thing that people seem to think is mystical about hackers is the way that they are able to perform activities online and not be able to be traced. While some hackers do get caught in their illegal activities, there are a lot that do not and those are the people who really fascinate the public. When you first start to go online, even if you are not a person who is computer savvy, you always hear about the law being able to trace you through items such as an IP address. While you may not know what an IP address is, you know that the people can find you through it. Well, if you know enough about how both computers and computer networks are designed then you will know some of the different tricks that these guys employ to avoid being caught. While we are not here for a step by step tutorial, we will show you some ways on how hackers stay anonymous online.

Use Tor

While using the technology Tor is not a foolproof way of staying anonymous online, it does go a long way to help. While it does not really keep you anonymous it does make it harder to track you by sending your data all around the world through what are known as Tor nodes. Your data is then registered at the different ISP points as being sent from the Tor node and not through you. While it is possible to track you, it makes it a lot harder to do so. You also have to remember that with Tor nodes, it is possible for people to intercept your data and read it for themselves. So that is why you must be sure to use encryption while you are using a Tor node. It is only way to keep your data 100% safe.

Learn networking

While using Tor helps, there is no solution better in keeping yourself anonymous online than to learn how networks work. This way you are able to understand some of the holes that skilled hackers are able to take advantage of.

Remember, there is no shortcut when you want to be skilled at something. The more you learn about an item the better you will be.

 

Wikileaks open the floodgates on US diplomats

Wikileaks open the floodgates on US diplomats

Whistle-blowing is one thing, until recently, everyone didn’t hear significantly about. This is because whistleblowers invariably lose their jobs as their measures may cost the organization money. This might be in penalties or settlement or maybe the standing of the organization is significantly ruined resulting in a loss in business.

Just to be very clear a whistleblower is understood to be someone who reveals to the public or authorities the wrongdoing in a organization or government office. Typically this indicates the whistleblower is not able to be unknown. Nevertheless rather than go to authorities with proof and allegations, a whistleblower is now able to contact WikiLeaks and remain anonymous.

On Sunday the 28th of November Wikileaks started publishing around 250,000 leaked United States embassy cables. This is actually the biggest publication of secret files actually to get released into the public domain and it might leave many political figures incredibly red in the face.

What exactly is especially intriguing regarding these publications may be the understanding it provides to the world of global politics as witnessed through an american viewpoint, and from the looks of things The united states trusts nobody.

The publications show how US Secretary of State, Hillary Clinton and also her predecessor Condoleeza Rice ordered United states diplomats to get biographic and biometric information, which includes iris scans, DNA samples as well as fingerprints of important Un officials.

Documents additionally present how a number of Arab leaders pressed the united states to undertake an attack on Iran so as to end its assumed nuclear weapons programme. The documents also display how The united states have been attempting to eliminate highly enriched uranium from a research reactor inside Pakistan since 2007.

Furthermore, In November 2007 the us advised China to halt the shipping of ballistic missiles components from North Korea to Iran via Beijing. Other documents make reference to the programs talked about for a united Korea, the transfer associated with Guantanamo Bay prisoners to foreign nations where there are numerous documents that talk about a number of world leaders, very often in an unflattering fashion for instance North Korea’s “flabby old chap” Kim Jong-il or Iranian president Mahmoud Ahmadinejad that’s often called “Hitler”.

Lawyers in London would inform us diplomats they should be ready to take this up in the court. Unfortunately if any person is thinking of pressing charges it could undertake an awfully major and daring team of London lawyers to ensure success. London lawyers are some of the top worldwide but even they’d have trouble with this.

Implementing A Site-to-site Vpn Design

Implementing A Site-to-site Vpn Design
You will need two servers for this MCSE Exams exercise, each of which has two network interface cards. Successful completion of the exercise involves administratively requiring the two servers to connect and demonstrating that they have connected.
1.On each server, one network interface should be configured as the external interface and one as the internal interface. Both external interfaces should be connected to a hub. This setup will simulate an internet connection. Although there is no router, both interfaces can be configured to be on the same subnet a configuration that isn’t a real-world scenario but will allow a connection to be made.
2.Log on to the Wingtip Toys computer, and select the MCSE Certification Routing And Remote Access Service from the Administrative Tools menu.
3.When prompted, select Configure And Enable Routing And Remote Access Serviceand click Next.
4.Select the Remote Access (Dial-Up Or VPN) option, as in Figure 7-12, and then click Next.

EAP/TLS also requires both machine and user certificates. Although the number of certificates is small in a single demand-dial scenario, the number can get quickly out of hand if multiple sites must connect. You must weigh the increased security against the efforts required in correctly implementing, managing, and protecting a public key infrastructure.
Do not use operating systems as VPN routers that cannot use at least MS-CHAPv2 authentication.
Where possible, separate VPN purposes use one computer for a demand-dial VPN router and another for remote access VPNs. This separation is espe?cially important if you must support remote access clients that cannot use the authentication and encryption protocols that meet the security level required for VPN routers. If you must mix remote access clients with demand-dial connections, you might have to reduce the security. Because each VPN router represents a very large amount of data and numerous connections, you must ensure the MCITP Enterprise Administrator highest level of protection is configured.

Iphone Hacks And Tricks – Making The Iphone Do More With Tips And Hacks

Iphone Hacks And Tricks – Making The Iphone Do More With Tips And Hacks
First introduced in 2007, Apple’s iPhone offers many features that other phones do not. But even with these additional features, owners of the iPhone are always looking for additional features and ways of using their devices. There are also several features that the manufacturer and providers would prefer the users not access. In this regard, many private developers and iPhone “experts” have come up with their own iPhone hacks and tricks to further add to the features of the phone and access ones that are not explained in the owner’s manual.

A hack is generally defined as an innovation that customizes a piece of equipment such as the iPhone. While not usually endorsed by the product manufacturer these hacks should not be confused with more nefarious computer hacking. Some of the more common iPhone hacks are techniques that enable the phone to have Gmail pushed to the phone, ways to enable tethering before the feature is offered, programs to add additional icons, and also there is a hack that solves the issue some have with the screen flipping when one tries to read it when in a reclining position. These hacks are generally added to the iPhone by way of a download or special coding. Because this involves actually accessing the programming of the phone, one needs to be sure that this hack is from a credible source as many will use iPhone hacks and tricks to do damage to one’s device.

Because there are so many features included in the iPhone, it can be nearly impossible for the average user to learn everything and even hard to remember it all. There are many helpful tricks that one can obtain from various websites on the internet. A trick on the iPhone is a bit safer due to the fact there is generally no additional coding to add to the phone, it is simply a matter of finding out how to do something and remembering it. The coding and programming is already part of the iPhone, so of the two, iPhone hacks and tricks, tricks are generally safer.

Some of the more common tricks that one may find valuable when using their iPhone are making a screen shot by holding the “home” button and then pressing the “power/sleep” button. The screen will then flash and the current screen will be saved in the camera roll. Another tip is in regards to the sound of the ringtone. Generally using a custom ringtone rather than one of the ringtones that are preprogrammed will enable it to be louder. There is also a simple trick to force quit an application by simply pressing the “home” button for six seconds. By using these few iPhone hacks and tricks one can accomplish many additional features with their phone.

Whistleblower Cases

Whistleblower Cases

If you find yourself in a position where your employer or another company is acting fraudulently toward the government, you may be able to stop their illegal activity and gain compensation at the same time. If you have ever been ordered by your employer to cover up false information or destroy documents, you may feel powerless, as though your job is at stake if you do not obey these instructions.

Every year hundreds of individuals contact attorneys about fraud committed against the government, and are able to collect compensation from their employer or other companies which commit fraud against the government.

Common Types of Qui Tam Cases

Many people have heard of different types of fraud against the government. Some of the more common types of fraud that lead to qui tam cases include:

Insurance companies against government
Government contracts
Tax fraud
Bailout fraud

Each of these types of fraud is covered under the False Claims Act, which protects whistleblowers from action being taken against them by their employer. Your employer cannot fire you, dock your pay, demote you, harass or threaten you for being a part of a whistleblower case, and is subject to severe penalties if it tries to do so.

Fraudulent Activities against the Government

Fraud can mean providing the government with misinformation intentionally, or it may mean withholding key information in certain circumstances. Fraud against the government is generally defined as:

Falsifying statements in order to receive payment
Fabricating false records to corroborate false statements
Buying government property from an unauthorized person or entity
Submitting a receipt for payment to the government without knowledge of the receipt’s validity
Theft of government property or property intended for the government
Conspiracy to perform any of these activities

If you have witnessed any of these activities, you can take action to stop the process while protecting yourself and receiving between 15-25% of any awards in the government’s favor. Even if the government does not choose to pursue the case with you, you may be able to make recoveries for fraudulent activities performed against the government.

 

How to Prevent Phishing

How to Prevent Phishing

One of the most rampant cybercrime’s on the World Wide Web is phishing. In this the culprit’s main purpose is to obtain your personal information – like your user name, passwords or credit card details. This kind of crime is done by sending you the fake mails and then forcing or redirecting you to the websites that are not genuine. These websites are look so original that their URLs are also similar. It becomes difficult to ascertain the truth of these sites and a gullible customer may fall prey to the crime. If you follow these ways then you can avoid being caught in the phishing scams:

· Always check who is sending the email. This is perhaps the most effective way. If the email address does not belong to your regular service provider/bank, then it is highly avoidable. None of the banks will tell you to verify your account information. So any email which tells you to fill in your account information is completely fake. Just delete the mail at once.
· All the phishing mails contain an illegitimate “Click here” link. This link leads to websites which are governed by the criminal webmasters. Also when you will view at the domain name you will find that there is something wrong with the slashes which follow it. Any bank link will be encrypted with an https://. However, the link starts with http:// only, don’t even think of clicking on it.
· Many phishing emails come with a fake phone number and address. If this is the case match it with the address and the contact information that was provided originally to you by your bank. If it doesn’t match, the mail should be immediately discarded from your inbox.
· The social networking sites have lots of users and people exchange their day to day information over there. Your name is over there. The perpetrators take hold of that information and send the mail to you. If they know your name, don’t get alarmed. But if they know your account number, simply check it with the one that you have and also re-confirm it with the bank whether they have sent any mail to you.

Thus phishing protection becomes mandatory in today’s scenario. You should use a good password manager which does not display your personal data in case the site you have visited in not legitimate. There are some password managers available in the market which protects your login information by encrypting it. They guard you from any identity theft.

Property of RecoverMyPc Inc.

Is USENET Part of the Deepnet?

Is USENET Part of the Deepnet?

Deepnet, DarkNet and other, similar terms, have been in the media a lot lately. Most famously, the hacker group Anonymous took down some sites on the DarkNet that were distributing illegal content. This has made quite a few people understandably interested in what the Deepnet really is. It’s not USENET, which will become obvious as you start to understand how and why the Deepnet or DarkNet exist.

Getting Indexed

You might have heard terms such as “search engine optimization”, “SEO” and “search engine marketing in your travels across the web. These are fields that relate to getting search engines to notice them and, thus, to add those sites to the search engine indexes. It’s actually quite a bit of work to get a search engine to notice you; it’s hard to stand out among billions of sites! One of the ways that search engines index a site is by following links from other sites that lead to it.

On the USENET system, the entire point of having a newsgroup is to have it added to as many servers as possible or, at least, to as many servers to which the newsgroup is relevant. USENET doesn’t require search engine indexing, though Google has an extensive archive of historical USENET posts.

Sometimes, sites don’t get indexed at all, and that’s where the DarkNet starts.

Not All Sinister

When sites don’t get indexed, it’s usually because the webmaster was incompetent in some regard, because they didn’t put any effort into SEO or because there was simply no need to have the page indexed at all. For example, some research projects have websites dedicated to them that are just bibliographies or other material that no one but participants would be interested in, so there’s no point in having those sites indexed at all. The sites end up floating around in the Internet ether, being of little interest to anyone and are never really picked up by the search engine crawlers. These sites become part of the DarkNet.

There are also millions of sites that are started and abandoned by designers and webmasters, usually amateurs. These sites end up becoming part of the DarkNet, particularly when they’re on free hosting where they’re never removed and where they just sit forever. Sometimes people stumble upon them and end up finding interesting resources, sometimes not.

Some DarkNet sites are used for illegal purposes, but there is little chance that you’re going to stumble on these. The search engines simply don’t have them in their indexes so, without typing the URL right into your browser bar, you’re not going to find them.

USENET is not part of the DarkNet. USENET is transparent and is designed around sharing information, not hiding it. It’s also something to which you buy a subscription, so finding it is obviously not all that hard. The USENET, however, has a huge backlog of archived articles and other information that makes it as fascinating as any hidden part of the Internet.

If you are frustrated by the number of USENET choices the educate yourself about Usenet services and Usenet providers. Choose among the best available and learn about best USENET and astraweb USENET review when you visit UsenetReviewz.com

Article Source:
http://EzineArticles.com/expert/Marion_Marshall/124351

What is the Black Market?

A black market, underground economy, or shadow economy is a business sector portrayed by some type of resistant conduct with an institutional arrangement of rules.[1] If the standard characterizes the arrangement of merchandise and administrations whose creation and circulation is precluded by law, non-complaince with the tenet constitutes an underground market exchange following the exchange itself is illicit. Parties participating in the creation or appropriation of precluded products and administrations are individuals from the illicit economy. Illustrations incorporate the medication exchange, prostitution, illicit coin exchanges and human trafficking. Infringement of the expense code including pay charge avoidance constitutes enrollment in the unreported economy.[2][3] Because charge avoidance or support in an underground market action is unlawful, members will endeavor to conceal their conduct from the legislature or administrative authority.[4] Cash use is the favored medium of trade in illicit exchanges since money utilization does not leave a footprint.[5] Common thought processes in working in illegal businesses are to exchange booty, keep away from duties and directions, or skirt value controls or apportioning. Normally the totality of such action is alluded to with the distinct article as a supplement to the official economies, by business sector for such products and administrations, e.g. “the underground market in shrub meat”.

The underground market is unmistakable from the dim business sector, in which wares are circulated through channels which, while legitimate, are informal, unapproved, or unintended by the first producer, and the white business sector.

Black market trades have online partners comprising of darknet business sector sites, for example, the Silk Road, singular sites, discussions and talk rooms. While covers exist, the online markets are centered around particular regions including drugs, traded off certifications, malware, advanced merchandise and weapons. Robbery particularly happens on private or open warez and BitTorrent destinations and additionally different distributed record sharing systems.

The underground market’s numerous downsides incorporate the danger of misrepresentation, the likelihood of savagery, being saddled with fake merchandise or debased items (which is particularly perilous on account of pharmaceuticals), and the way that the purchaser has no plan of action.

With respect to cash illegal businesses, they exist principally in countries that – separated from money controls – have feeble financial basics, (for example, a high expansion rate and low coin saves) and a settled swapping scale where the residential cash is pegged at an unreasonably abnormal state to the US dollar or other money. Thus, the money black market is thriving in countries like Argentina, Iran, and Venezuela.

Taking part operating at a profit business sector is not generally a high contrast matter. Assume you are out of town with your family in an intriguing area and come up short on recipe for your child? In the event that there is nothing accessible in neighborhood stores and the best way to obtain infant equation is through an underground market exchange, few individuals would dither to make the buy.

Shouldn’t something be said about paying three times the face estimation of a ticket to a hawker to see your most loved band or football group? This is likewise a black market exchange that a great many people may discover legitimate. Further, in various creating countries, life-sparing drugs are hard to come by and frequently, the main option is to secure them through the black market. While faultfinders may carp this exclusive serves to sustain the unlawful and exploitative routine of profiteering from another person’s adversity, partaking operating at a profit business sector is a moderately simple choice to make when somebody’s life is in question.

More of Black Market

A Black business sector is a segment of the economy where exchanges happen without the learning of the legislature and generally include the overstepping of specific laws, for example, documenting appropriate expense forms.

A black market can likewise allude to the offering of a specific decent. For instance, if value controls or standard’s exist for a decent, then typically an underground market creates. A case is a ticket tout offering tickets far above face esteem.

The Size of the Black Market

the extent of the black market shifts from nation to nation. It relies on upon different components, for example,

Monetary improvement. creating economies regularly have a greater underground market, and a portion of this is because of the presence of a bargain economy which falls outside the dispatch of the administration.

Level of Police control and mafia association

Numerous previous soviet nations encountered a gigantic development operating at a profit market after the fall of Communism. Comrade economies had a tendency to be profoundly directed thus when the control fell away it made a hole for new “business people” to take care of fundamental free market activity.

Number of occupations made by underground market, all inclusive: 1.8 billion

All out US unlawful exchange esteem: $625.63 billion

A portion of the greatest markets:

Body Parts

The World Health Organization gauges that 10,000 illicit surgeries including organs happen each year

106,879 organs were transplanted in 2010 (legitimately and unlawfully)

This is only 10% of worldwide need

Normal expense per part:

Pair of Eyeballs: $1,525

Scalp: $607

Skull with Teeth: $1,200

Shoulder: $500

Coronary Artery: $1,525

Heart: $119,000

Liver: $157,000

Hand and Forearm: $385

Half quart of Blood: $337

Spleen: $508

Stomach: $508

Small Intestine: $2,519

Kidney: $262,000

Kidneys make up 75% of worldwide unlawful organ exchange

On account of rising rates of diabetes, hypertension and other heart issues

Gallbladder: $1,219

Skin: $10 per square crawl

The unlawful organ exchange has huge markets in China, India and Pakistan

Fascinating Pets and Animals

Numerous imperiled creatures are trafficked each year to be intriguing pets, to be eaten or to be utilized for restorative purposes

Rundown of creature costs (USD):

Live chimpanzee – $50

Elephant – $28,000

Geckos in the Phillippines (used to treat asthma) – $2,300

Gorillas – $400,000

Ivory – $1,300/lb

Komodo mythical serpent – $30,000

Polar bear skin – $7,760 – $9,930

Rhino horns – $97,000/kg

Shark balances (utilized as a part of shark blade soup) – $100/kg

Snake venom – $215,175/liter

Live Tiger – $50,000

Dead Tiger – $5,000

Tortoises – $10,000 in China

Turtle eggs – $1 in Costa Rica

Drugs

More than 5 million individuals in the US misuse opiate painkillers

Oxycodone and other physician endorsed pharmaceuticals are among the most mishandled medications

4,048 passings in 2010

Strict DEA directions power numerous individuals to get their medications from the black market

Comprehensively, cocaine creates $35 billion on the underground market

Normal US road esteem: $174.2/gram

Bliss – Average US road esteem: $35/tablet

Heroin – Average US road esteem: $200/gram

Weed – Average US road esteem: $20 – $1,800/oz

Meth – Average US road esteem: $3 – $500/gram

The agreement slaughtering of a non military personnel can cost up to $25,000 on the underground market

Sperm

Canada’s 2004 Assisted Human Reproduction Act forbids installment for sperm or eggs

Sperm banks the nation over rapidly ran dry

The black market gives no certification that sperm is protected or without std

Today, more than 90% of Canada’s semen utilized for manual sperm injection is from back-rear way bargains or from US revenue driven sperm banks

Unrefined petroleum

US market esteem: $10 million

Strict government control has pushed some individuals to sneak raw petroleum

black market criminals damage pipelines and after that offer by the barrel

In 2010, Mexican government oil restraining infrastructure Pemex distinguished 712 pipelines robberies

This was up from 2005’s 136 burglaries

This brought about unrefined petroleum costs to rise just about $100/barrel

In times of record high oil costs, raw petroleum can be sold on the underground market for not as much as half of that on the legitimate business sector

WHAT IT IS:

A black market is the unlawful buy and offer of merchandise and administrations.

HOW IT WORKS (EXAMPLE):

Drug managing is a standout amongst the most noticeable illicit businesses in the United States. In this black market, individuals purchase and offer medications realizing that such movement is typically illicit and that having the items themselves is normally unlawful. Notwithstanding, the interest for medications is sufficiently high to trump the law, however individuals generally endeavor to hide their cooperation.

Numerous illicit businesses exist past medications, notwithstanding, and however the items or administrations might be legitimate, the way in which they are purchased and sold might be unlawful. For instance, it is lawful to have a housekeeper, however it is unlawful to enlist a housekeeper who is not in the United States legitimately.

Since administrative limitations may build the cost of a few products and administrations, sometimes direction can really provoke the advancement of underground markets. This was especially the case in the mid 1900s, when the United States banned liquor, which made an enormous underground market for the creation, transportation and offer of alcohol.

WHY IT MATTERS:

The nearness of black trades everywhere throughout the world is proof that the laws of free market activity are for all intents and purposes difficult to challenge. Whenever direction or tax collection turns out to be too high, when free market activity are way out of equalization, or when rivalry has been excessively confined, individuals will dependably search for an approach to get products or administrations less expensive, quicker or all the more effortlessly.

INSIDE THE ‘DARKMARKET’ PROTOTYPE, A SILK ROAD THE FBI CAN NEVER SEIZE

The Silk Road, for all its clever uses of security protections like Tor and Bitcoin to protect the site’s lucrative drug trade, still offered its enemies a single point of failure. When the FBI seized the server that hosted the market in October and arrested its alleged owner Ross Ulbricht, the billion-dollar drug bazaar came crashing down.

If one group of Bitcoin black market enthusiasts has their way, the next online free-trade zone could be a much more elusive target.

At a Toronto Bitcoin hackathon earlier this month, the group took home the $20,000 first prize with a proof-of-concept for a new online marketplace known as DarkMarket, a fully peer-to-peer system with no central authority for the feds to attack. If DarkMarket’s distributed architecture works, law enforcement would be forced to go after every contraband buyer and seller one by one, a notion that could signal a new round in the cat-and-mouse game of illicit online sales.

“What doesn’t kill you makes you stronger,” said Amir Taaki, one of DarkMarket’s creators and the founder of the anarchist group Unsystem, in a short speech at the Toronto Bitcoin Expo unveiling the project. He compared DarkMarket’s improvements on the now-defunct Silk Road to the advent of Bittorrent, a decentralized technology that revamped Napster’s more vulnerable model of filesharing and flummoxed copyright enforcers. “Like a hydra, those of us in the community that push for individual empowerment are in an arms race to equip the people with the tools needed for the next generation of digital black markets.”

WEEKLY DIGEST: DARK MARKETS, DARK WALLETS AND DARKER DAYS FOR BITCOIN

Bitcoin Weekly Digest

Here at CoinReport, we like to breakdown the week’s bitcoin news and headlines for our readers. This week’s digest, ending May 3rd 2014, has seen the mood surrounding bitcoin darken once more. Regulatory issues and opinions are among the current woes for bitcoin.

More Chinese bitcoin woes

The People’s Bank of China issued further remarks regarding the funding of BTC China by Chinese Banks this week. Whether directly or indirectly providing services to bitcoin related companies, the PBOC has warned that this must be stopped. The effect of this demand was an initial drop in bitcoin price to approximately $450.  Following the announcement,  BTC China halted chinese RMB deposits. BTC China stated:

Because of this morning’s announcement by the China Merchants Bank, BTC China, in the interest of its users and platforms security, has decided to suspend Chinese RMB recharges (deposits).

The decision to halt RMB deposits caused a Twitter backlash for BTC China. The drop in the price of bitcoin, according to decisions made in China, regarding the cryptocurrency, sparked accusations of price fixing by BTC China.

FinCEN Clarifies Position on Mining and Escrow Services

FinCEN issued a statement clarifying their position on escrow and cloud mining services. The release ruled that companies offering these particular services are not considered money transmitters. These businesses are not labelled under the Bank Secrecy Act. FinCEN stated:

“Renting of mining computer systems to third parties does not make the Company a money transmitter under BSA regulations.” With regard to digital currencies being treated as property, FinCEN added “All virtual currency mined by the third party remains the third party’s property, and the Company has no access to the third party wallet, nor receives or pays virtual currency on the third party’s behalf.”

Escrow services are exchanges between two parties, to ensure that both follow through with an arranged transaction, while remaining anonymous. The fact that escrow services physically hold bitcoins until specific conditions are met by both parties is not an activity covered by FinCEN law.

Stateside Warnings Against Bitcoin Usage

More warnings against bitcoin continue to be issued across the United States, this time in Wisconsin. The Wisconsin Department of Financial Institutions Consumers warned individuals considering investing in digital currencies that they could potentially be breaking the law.  Fear surrounding  the volatility of bitcoin and the risk of theft by third party institutions appear to have triggered the warnings.

On a wider scale the NASAA also warned against bitcoin usage.  The president of the North American Securities Administrators Association stated:

“The value of virtual currencies is highly volatile and the concept behind the currency is difficult to understand even for sophisticated financial experts.”

While the statement may be a little unfair to the intelligence of non-financial experts, the warning of bitcoins volatility is warranted. As with any investment, investing in bitcoin requires some homework to be done and some care to be taken. There is still no need to instill fear in potential investors.

Some Positive Outlooks Remain

Like his father Ron Paul, Rand Paul has revealed his outlook for bitcoin is positive. He acknowledged bitcoin does not have the true characteristics of money, but believes there is room for improvement and that technology like this could be beneficial. On the whole his philosophy on bitcoin is forward thinking.

Former United States Deputy Secretary of Treasury, Larry Summers, had some positive words regarding innovative new monetary systems this week. Though he is unsure whether digital currencies as they currently stand will work, he did say that those who rejected innovations in the field are on the “wrong side of history.” He admitted there were problems with the current monetary system and went on to say:

“The people who rejected the Internet as a curiosity for scientists were on the wrong side of history, the people who rejected digital photography as really an artificial thing were on the wrong side of history, and the people who felt that non-gimmicky tennis racquets were made with wood were on the wrong side of history. So it seems to me that the people who confidently reject all the innovation here [in new payment and monetary systems] are on the wrong side of history.”

Uncertainty is rife but it is not all negative. For most, like the Bank of Canada, it is simply too early to tell how successful bitcoin, and cryptocurrencies in general, will be. That is not to say the belief is that digital currencies will fail, just that there is a way to go before more serious discussion regarding new policies are needed.

DarkMarket rebranding to OpenBazaar

This week saw the DarkMarket launch online by developers Amir Taaki and Cody Wilson. The successor to Silk Road may be considered the new online black market. Though the Silk Road was brought down by federal government, the creators of DarkMarket have boldly claimed their site is completely invulnerable to law enforcement. The news may spark controversy for bitcoin as DarkMarket may provide a ground for illegal activity online. Unlike Silk Road, there is no owner, so every user on the peer to peer site would need to be arrested to shut it down. To distance DarkMarket from this illegal image and establish it as a decentralized online marketplace it has since been rebranded as OpenBazaar, following a petition by the bitcoin community on Reddit. The original developers now no longer have any association with the operation.

Following the launch of DarkMarket, or OpenBazaar, Amir Taaki and Cody Wilson released the highly anticipated Dark Wallet, a financial tool aimed at keeping payments and wallet addresses private and anonymous. The wallet, currently in alpha, is aimed at the bitcoin community, and keeps issues like cooperation for regulations in mind. Hopefully this change in name will have the desired effect, that those wanting to call it the Free Market, had in mind.

In Other News

Big news for Scrypt ASICs miners was announced this week. The race for the first ASICs miners capable of mining scrypt based altcoins, like Litecoin, is coming to an end. Scrypt based mining has traditionally been carried out using standard computers with GPU. Now, ZeusMiner have announced they are taking pre-orders on their new range of scrypt-based ASICs miners.

MtGox has also agreed to settle their lawsuit with the class action plaintiffs of the American case . Finally, Robocoin have opened the first global bitcoin bank, providing more familiar online banking service set up, through which customers can manage their accounts. All Robocoin bitcoin ATMs will feed back to the bitcoin bank and users will be able to send, store, and access bitcoins at any Robocoin ATM.

Information on the black market, underground economy, shadow economy and dark net