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Silk Road Founder Shares Health Update from Jail 

Ross Ulbricht, the founder of the once-popular Dark Web marketplace Silk Road, has shared his health update with members of the tech and crypto communities in the wake of the coronavirus pandemic.Ulbricht was identified as the marketplace’s creator in 2013, and he’s been in jail for about seven years. However, with the coronavirus pandemic causing special attention to prisons, he’s come out to put everyone at ease on his health. Prisons: Petri Dishes for VirusesIn a tweet posted earlier this week, he explained that he’s completely fine and doesn’t know anyone in

Notable Dark Web Marketplace Bans All COVID-19 Vaccine Sale 

In a rare move that has perhaps never been seen before, a marketplace on the dark web has banned the sale of a self-proclaimed vaccine for the coronavirus pandemic. According to a tweet from noted tech author Eileen Ormsby, Monopoly Market, a popular platform on the dark web, has banned the sale of purported vaccines for the coronavirus for Bitcoin.Darknet market Monopoly has taken a more responsible approach to touting #COVID19 "cures" on their #darkweb site pic.twitter.com/uWFLx75deQ— Eileen Ormsby (@EileenOrmsby) April 1, 2020Honor Among Criminals As the tweet showed, the market’s administrator pointed

Pandemic Is Changing Bitcoin Usage in ‘Unexpected Ways,’ Says Chainalysis

Leading blockchain intelligence firm Chainalysis has found that the COVID-19 pandemic and global economic contraction is affecting Bitcoin (BTC) consumer habits in surprising ways.In a new report published on March 30, Chainalysis details how Bitcoin spending trends in three areas — merchant services, gambling and darknet marketplaces — have changed, or even reversed. Weakening correlation could be a boon for Bitcoin merchant services, says reportChainalysis reported that one such change in trend shows resilience among Bitcoin merchant services in the current economic crisis. For example, the firm’s data for Bitcoin spending using