Tuesday, October 26, 2021
 Someone Moved $1b in Bitcoins From the Silk Road

Someone transferred 69,370 Bitcoins, worth about one billion dollars, from a wallet associated with the Silk Road darkweb marketplace.

1bn

According to a report from the blockchain intelligence firm CipherTrace, 69,370 Bitcoin from the Silk Road moved on November 3, 2020. The move is the first activity since April 2015. The party responsible for initiating the transfer sent the Bitcoins via the following transactions:

  • 0d13a52e3b640d05cdf31b41f335b327f126cb79d9eec1e2bc46556ef30a0b57
  • 3f036ff88bb851b57a1e28780dbce35a6457a8b57995c095b55b3b0cf48ba9fd

The coins moved from the address 1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx to the address bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6 in two transactions. The first transaction was for 1 Bitcoin and the second transaction was for 69,369 Bitcoin. CipherTrace suggests the first transaction served as a test.

CipherTrace:

It appears that this transaction was most likely conducted to switch between address formats. The former address is a Legacy/P2PKH address while the new address is a Bech32/P2WPKH address. Legacy addresses—the original Bitcoin address format—start with a ‘1’ while Bech32 addresses—the native segwit address format—start with bc1q. Bech32 addresses are more efficient with block space, which allow BTC blocks to hold more transactions. Additionally, Bech32 addresses are composed of numbers and only lower-case letters so there is less room for error than prior address formats. Around 5% of BTC is currently held in Bech32 addresses.

Since 1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx held BTC prior to the Bitcoin Cash and Bitcoin SV hard forks (among others), the address owner would also have access to the coins associated with the hard forks. Evidently, around the same time all of the BCH at this address was moved to qqrkjml7h3ymnc7ydd9m5r9s9hnqectmluwpxezd9a via TX 8e0d6a7f4a2fb523972febdb47845585aa94dbf3252b4432e9fad8d0b5037ac1. Additionally, all of the BSV was moved to 1F884r9J2WKbu8wekebqqRcu1Bw1jiRXba via TX 5ff9c81c00bca688cc5c8713f3e38fd1f2a0a85a86de96f4afd096fdc1583fbc. Both of the addresses that the BCH and BSV were sent to had no transactions prior to today.

While it is most probable that these transactions were made to stay up to date with the Bitcoin network, there is also some speculation that the wallet could have been cracked by hackers. These movements could possibly mean that the wallet owner is moving funds to new addresses to prevent hackers from accessing the wallet.dat file or that hackers have already cracked the file.

As noted by CipherTrace, hacking is a possibility. As seen in the cases of former Secret Service agent Shaun Bridges and former Drug Enforcement Administration agent Carl Force, Silk Road funds are also an enticing target for corrupt federal agents.

Top Dark Web Links

Dark Web Links

Top DarkNet Markets 2022

Deep Web Financial Services. This is an updated list of links onion 2021 of information and data about financial services in the deep web, Bitcoin, PayPal for bitcoins, Bitcoin mixer...

By Administrator - Oct.11

Dark Web Links

Dark Net Links 2022

TOP DARK NET MARKETS 2022   E-Cash - Higly rated vendor on the Darknet :Money transfers paypal,Western Union , Neteller etc (Recommended) Money-Team– Recommended seller for gift cards , western union cyberattacks and...

By Administrator - Oct.11

Dark Web Links

Dark Web Search Engines

How Do I Access Hidden Services? In order to access .onion websites you need to download and install the Tor browser. You can download it for any operating system using this...

By Administrator - Oct.11

Dark Web Links

Blogs,Forums,Chats

Forums. This list contains forums, imageboards, and other platforms for discussion on the darkweb including Underdir, Blackhat Chat, 8chan, and Germany in the Deepweb. The forums listed here focus on...

By Administrator - Oct.11

Dark Web Links

Safe Darknet Email Provider

Best Anonymous Email Services in 2021 .In this anonymous email piece, I’ll mention some of the best onion (and their clearnet domain versions, when available) email services which prioritize privacy...

By Administrator - Oct.11

Dark Web Links

Open Source Software

Open Source Software 1. OnionShare OnionShare is an open source tool that lets you securely and anonymously share files, host websites, and chat with friends using the Tor network. Link: http://lldan5gahapx5k7iafb3s4ikijc4ni7gx5iywdflkba5y2ezyg6sjgyd.onion/ 2. Whonix Whonix ™...

By Administrator - Oct.11

Dark Web Links

Privacy Service

Privacy Service 1. Snopyta Snopyta runs online services based on freedom, privacy and decentralization. Link: http://cct5wy6mzgmft24xzw6zeaf55aaqmo6324gjlsghdhbiw5gdaaf4pkad.onion/ 2. RiseUp Riseup provides online communication tools for people and groups working on liberatory social change. We are a...

By Administrator - Oct.11