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Posts published in “Business”

The Rise, Fall, and Aftermath of Silk Road

Reading Time: 6 minutes Silk Road was the first big illicit dark web marketplace It was taken down by the FBI in October 2013 and $28.5 million worth of bitcoin seized Silk road has had a long-lasting negative impact on how Bitcoin is viewed worldwide When you hear the name Silk Road what do you…

Did Kimchi Premium Drop Cause Bitcoin Dip?

Reading Time: 2 minutes Bitcoin’s drop yesterday has been attributed in part to a huge drop in the kimchi premium The premium fell 13% in a matter of hours, suggesting someone may have finally been able to arbitrage it A temporary halt in Bitcoin deposits and withdrawals may have also been behind the drop The…