US Government closed Alpha Bay

One of the biggest illegal markets on the deepweb is finally shut down 
26 July 2017   1286
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.

UCLA Blockchain Crypto Conference to be Held in LA

The UCLA Conference will be held on February 17-18 of 2018, gathering together the most experienced and exciting thinkers
17 February 2018   174

UCLA's Blockchain Lab and Far from LA are holding the Blockchain Cryptocurrency Conference, gathering together the most experienced and exciting thinkers across SoCal, in order to foster both economic and educational progress. The conference will concern cybersecurity, cryptocurrencies, and blockchain.

The UCLA Conference will be held on February 17-18 of 2018.

Location: The University of California, Humanities Building, 415 Portola Plaza, UCLA 90095, Los Angeles

The headline speakers will include Kathleen Breitman, the co-founder of Tezos; Sandra Ro from UWIN Lab; David Moss from EOS; Jeremy Rubin, the Bitcoin core developer, and many more.

The agenda of the conference is as follows: the future of blockchain keynote, bringing humanity to the blockchain, cybersecurity, autonomous vehicles, blockchain's influence on the development of art and culture, blockchain in the music industry, government adoption of blockchain around the world, and more.