Web

Illegal online drug store Sheep Marketplace shuts down after $5M Bitcoin heist

sheep marketplace shut down bitcoin stolen copy

The underground world of buying and selling illegal drugs online is just as shady as you would expect. And the latest example comes with the shutdown of a “deep Web” site called Sheep Marketplace, which shut down permanently this past weekend after its operator claimed that a hacker made off with more than $5 million worth of users’ Bitcoins.

Sheep Marketplace

One of Sheep Marketplace’s dealers, a user known as EBOOK101, “found bug in system and stole 5400 BTC – your money, our provisions, all was stolen,” wrote the site’s operator. “We were trying to resolve this problem, but we were not successful,” they wrote. “We are sorry for your problems and inconvenience.”

Despite the conciliatory tone, many users believe they were also scammed by the Sheep Marketplace operator, who allowed users to deposit Bitcoins for days after the site was hacked, but didn’t let anyone take their digital money out of the system, according to users of the site on Reddit. In total, Sheep Marketplace’s operator appears to have walked away with nearly 40,000 Bitcoins, which are currently worth more than $1,000 each.

The rise of Sheep Marketplace followed the FBI’s shutdown of Silk Road, which became the world’s most active online store for illegal drugs during its two years of operation. Another illegal drug bazaar, Black Market Reloaded, or BMR, also saw its userbase skyrocket after the fall of Silk Road. But with Sheep Marketplace shut down, BMR’s operators don’t believe they can withstand the influx of new users. As Forbes reports, BMR is also scheduled to shut down in the coming days.

Of course, most of us would never dream of buying illegal drugs online. But that doesn’t mean we can’t grab some popcorn and watch as the real-life drama of the dark side of the Web plays out in front of us.

[Image via Tom Bird/Shutterstock]

Computing

House votes to restore net neutrality rules, but effort faces long odds

The U.S. House of Representatives has approved the Save the Internet Act, a measure intended to restore net neutrality rules that were repealed in 2017 by the Federal Communications Commission.
Computing

Tablet or notebook? Our favorite 2-in-1 PCs give you the best of both worlds

If you can’t decide if you need a tablet or a notebook, then don’t bother. The best 2-in-1 laptops are both, and they can provide all the power you need. Check out our list for the best 2-in-1s for any user.
Home Theater

FiOS problems: The potholes in Verizon's fiber internet and how to fix them

Verizon FiOS offers no just fiber internet, but TV and home phone service as well. See what kind of problems, issues, and trouble other Verizon FiOS users have reported before you decide to sign up for the service.
Computing

Want to make calls across the internet for less? Try these great VOIP services

Voice over IP services are getting more and more popular, but there are still a few that stand above the pack. In this guide, we'll give you a few options for the best VOIP services for home and business users.
Computing

Worried about your online privacy? We tested the best VPN services

Browsing the web can be less secure than most users would hope. If that concerns you, a virtual private network — aka a VPN — is a decent solution. Check out a few of the best VPN services on the market.
Social Media

How to protect yourself from GoFundMe scams before donating

Can you spot a GoFundMe scam? While the fundraising platform says scams make up less than a tenth of one percent of campaigns, some do try to take advantages of others' charity -- like a case last year that made national news.
Mobile

The FCC and White House want to bring high-speed internet to rural areas

The FCC and the White House unveiled new initiatives to bring high-speed internet to rural areas, including $20.4 billion in incentives to companies to build infrastructure. The FCC also announced ways to speed up the rollout of 5G.
Web

Search all of Craigslist at once with these great tools on web and mobile

Not finding what you need in your local area? Craigslist can be great for finding goods and services from further afield too. All you need do is learn these tips for how to search all of Craigslist at once.
Computing

Internet Explorer zero-day exploit makes files vulnerable to hacks on Windows PCs

Evidence of an Internet Explorer zero-day exploit capable of letting hackers steal files from Windows PCs was published online by a security researcher who also claims Microsoft knew of the vulnerability and opted not to patch it.
Business

Buying airline tickets too early is no longer a costly mistake, study suggests

When you book can play a big role in the cost of airline tickets -- so when is the best time to book flights? Earlier than you'd think, a new study suggests. Data from CheapAir.com suggests the window of time to buy at the best prices is…
Computing

Report says 20% of all 2018 web traffic came from bad bots

Distil Networks published its annual Bad Bot Report this week and announced that 20% of all web traffic in 2018 came from bad bots. The report had other similarly surprising findings regarding the state of bots as well.
Computing

Google Chrome will get a Reader Mode for distraction-free desktop browsing

If Google's testing of Reader Mode on the Chrome Canary desktop browser is successful, soon all Chrome users will gain access to this feature. Reader Mode strips away irrelevant content on a webpage for distraction-free browsing.
Cars

Carbuying can be tiring: Here are the best used car websites to make it easier

Shopping for a used car isn't easy, especially when the salesman is looking to make a quick sale. Thankfully, there are plenty of sites aimed at the prospective buyer, whether you're looking for a sedan or a newfangled hybrid.
Photography

After controversial video, China bans ‘Leica’ on social media

A video that referenced Tiananmen Square got the name of the camera company Leica banned from the social media platform Weibo. Leica says the video wasn't an officially sanctioned promotion.