US Government closed Alpha Bay

One of the biggest illegal markets on the deepweb is finally shut down 
26 July 2017   2144
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks.

One of the most popular "deepweb" market, AlphaBay, has been closed by the US government. This is reported by the Cointelegraph.

The US Department of Justice on Thursday confirmed that they have closed the illegal market and captured AlphaBay’s operator. The a combined operation by the US and European authorities was held earlier in July. Alexandre Cazes, the operator of Alphabay, was arrested.

This is an outstanding success by authorities in Europe and the US. The capability of drug traffickers and other serious criminals around the world has taken a serious hit today after a highly sophisticated joint action in multiple countries.
 

Rob Wainwright
Executive Director, Europol

The founder of AlphaBay committed suicide shortly after the arrest. The 25 y.o. Canadian Alexandre Cazes was found dead hanging in a towel on the ceiling of his cell.

Before the close-up, Alpha Bay was known as one of the biggest darkweb markets, with more than 40,000 vendors of drugs which transacted to some 200,000 clients. Guns and malware were available too, additionally to all kinds of drugs.

Cryptocurrencies are used to transact in the dark web marketplace, so, hutting down of AlphaBay may have effects of them.

Raven Protocol to be the First IDO at Binance DEX

Team cannot say exactly how IEO will pass, since similar campaigns hadn't been concluded at Binance DEX before, but they are going to sell $500k worth tokens
14 June 2019   332

The Raven Protocol cryptocurrency project announced about the planned initial exchange offering (IEO), which will be based on the infrastructure of the Binance DEX exchange - in this case the campaign will be called IDO or Initial Dex Offering.

Raven Protocol confirmed the right to list its token on Binance DEX paired with BNB on June 17 at 9:00 UTC. At the same time, the IDO of RAVEN tokens will start. The project draws attention to the fact that neither Binance, nor Binance Chain, nor Binance DEX stand behind this initiative.

At the same time, Raven Protocol notes that it cannot say how exactly IEO will pass, since with Binance DEX, similar campaigns have not been conducted before.

Potential participants need to pass a preliminary identification by sending to the address of founders@ravenprotocol.com their address in the Binance Chain, an identity document, a selfie and proof of residence.

In total, Raven Protocol expects to raise $ 500,000 by selling 3% of its own token emission (300,000,000 RAVEN). Accommodation will be on a first come, first served basis. The limit on the amount of investment for one user is declared at the level of 100 BNB.