| Questions | Answers |
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| Have you ever gotten into legal trouble by exploring the dark places of the internet? Like, "sorry, officer, I was only surfing drug markets and child molester forums for my next journalism piece..." Do you worry about that? Do you have to take extra steps to protect yourself? | I'm very careful not to go anywhere that it is illegal to visit. You will hear loads of stories about how easy it is to "stumble upon" child porn, but the fact is that those sites usually have names like "Preteen cuties" so you know exactly what they are, and in order to access them you have to register. So you have to make a very deliberate choice to log into them. I have no interest whatsoever in viewing any child abuse material, so I don't go into those places. When I was researching The Darkest Web, I went to the discussion forums that didn't allow any images (though they did link to sites that did), and even there I turned off images. |
| As for the drugs, weapons etc, there is nothing illegal about surfing them and looking around. | |
| I do get a bit nervous every time I visit the US, especially when I was invited to a "friendly" lunch with Homeland Security once (it was reasonably friendly as it turns out, it was also terrifying) | |
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| Why did homeland security want to talk to you? | They said it was about the murder-for-hire stuff, but some of the questions leaned toward something else |
| Is there anything that really concerns you about the dark web? Some of the things already discussed are beyond barbaric and that is only the stuff that has been found out about and been picked up by the media and your fantastic work. Do you think the public should expect worse and more horrific revelations from the dark web or is it just "more of the same" for lack of a better term and do you think the authorities are getting better in shutting this inhumanity down and catching the people responsible? | I am definitely not against people taking back their online privacy and I actually think that buying drugs from the darknet markets is a safer and more sensible option than buying them from the dodgy dealer down the road. However the one thing that is really disturbing is that the dark web has provided a place for child predators to find each other and form communities where they support and egg each other on. Imagine a few years ago, someone who was into hurtcore could never tell anyone else and would be unlikely to ever come across another person with the same perversions. Now it is as simple as finding the relevant site on the dark web. When there are suddenly hundreds of people who all think and act in the same way, it normlalizes what they are doing. |
| One of the guys who got caught, Matthew Falder, was a sadist who used to crowdsource "ideas" for torturing the children and teens he was blackmailing into doing heinous things for him online. But apparently he was a "normal" intelligent popular guy | |
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| But how does everyone participate in those illegal sites without getting caught? You said in other comments that you tried to stay away from underaged sites because they were illegal. Can't they be tracked down, even with tor and a vpn? The thing that I don't understand is that even on the dark web people say you should stay away from illegal sites, but how are pedos not getting caught? | they are getting caught, but the way they are getting caught is through painstaking detective work, looking for clues in photos, befriending them online and getting them to reveal things about themselves (what is known as social engineering). It takes a long time and many resources. |
| I say don't go there because (a) it is illegal and (b) you really shouldn't want to go there | |
| Iirc you attended the trial of the person behind the horrific hurt core website that was exposed a few years back. I was wondering if there was anything in particular that happened during the trial that particularly shocked or horrified you that isn't really public knowledge or talked about? Reactions from the judge or perpetrator during the trial etc. As I remember it the guy was a fairly young loner who lived with his parents but would probably never have been expected to be behind the horrific vile things which he was found to be. Also, how did you get into investigative journalism/writing? | I wrote in one of the other replies above about the little mute girl that has stayed with me. Also, at the insistence of the prosecution, the judge had to watch "Daisy's Destruction" which was a video of torture of a toddler. He put it off for two days and when he came back he was white. He didn't have the sound on, which is considered the worst part, but he still looked shell-shocked. I don't envy him. |
| I'll cut'n'paste re your last question: I was in London, working for one of the most conservative law firms in the world when the Global Financial Crisis hit. I liked the job but it struck me when people were losing their livelihoods that I was working for the bad guys. I'd always wanted to be a writer so when I came back to Australia I quit law and enrolled in a writing course planning to be a novelist, but I discovered I was better at journalism. I first wrote for newspapers here about Silk Road and it grew from there | |
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| Thanks for the reply.. that really must've been horrific for all involved from investigation to trial and for all of the victims (apart from the scum responsible of course). I guess it would be naive to assume that the end of this site did anything other than drive this depraved community even further underground. That is the part which is really scary to me but I suppose all we can do is have faith that the authorities are always close on the tail. Thank you for your work on reporting on this and raising this stuff more into the public consciousness and making people more aware of what kind of evil still lurks. | It was the most disturbing two days of my life, made all the worse because they read out hours of interactions from the site where the children still had not been identified or the predators caught. |
| Hurt2theCore was not the last site of its kind and there are still hurtcore sites to this day on the dark web. The one hopeful thing is that there are international task forces that seem to work together really well (unlike when it comes to drugs and every law enforcement agency wants to take the lead and they all withhold info from each other). There are a lot of resources allocated to identifying predators and their victims. Sometimes this has involved some very controversial tactics, such as taking over the sites and letting them run, so that they can use social engineering techniques to identify those who are using the sites and who are actually abusing children | |
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| So daisy's destruction is real? Was it referred to by that name court? I always thought it was a myth | Yes, Daisy's Destruction is real, it was referred to by name in court and the judge had to watch the 12 minutes of it that were hosted on Hurt2theCore. |
| The "myth" part is that it shows a murder. The toddler, Daisy, lived, though she suffered such horrific injuries she will never be able to bear children. Hopefully she was young enough that she will grow up without the memory. | |
| However, Scully did murder at least one child, whose body was found under the floorboards of his house. it is not known whether he filmed her murder as no video evidence of it has come to light. | |
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| Thanks for answering. I actually watched a really good video on Hurt2theCore on youtube once, I think it was by a guy called Nexpo. It was really detailed and informative about the whole case - I forgot those details. Thanks again for replying, this AMA is really informative! | I think I recall that one, it was from a few years ago. |
| An excellent podcast that came out recently is "Hunting Warhead", highly recommend a listen. It is a tough listen, but exceptionally well-told and respectfully handled | |
| How do you detach yourself from your work? I'm an investigator for a law firm and I've had a lot of difficult working on wrongful death cases recently. Also, how did you first end up getting published? Any tips for people interested in that field? Thanks! | I don't detach. When I was researching hurtcore, it was harrowing and affected me deeply. Writing that part of the book was a very slow process because I just couldn't be in that headspace for very long at a time. Once the book was written I didn't go back there. |
| I already had a reputation as a blogger and a freelance journalist when i pitched my book on Silk Road. I got an agent and it was auctioned off, with Pan MacMillan getting the rights. At the time, Silk Road was still going strong, and the book I wrote was about this new frontier of drug dealing that was changing the world. I was writing it "from the inside" as I had been an active part of the community for two years. However, right as I submitted the final manuscript to my publisher, Silk Road was busted and Ross Ulbricht arrested, so i had to quickly change the narrative to a "Rise and Fall" thing! | |
| How many times have you approached law enforcement with information and how many times has the approach resulted in action? and... are there times where you know something nefarious is happening but history and the evidence at hand tells you it's not worth the effort? | There is no point in approaching law enforcement to say "I have come across this site". If I've found it, you can guarantee law enforcement has found it as well. |
| The only time I've approached law enforcement was when I had information that they did not, which was when a friendly hacker provided me with a back door into the Besa Mafia murder-for-hire site. I got to see all the messages and orders etc. Of course LE knew about the site, but they did not have the details of the people who had hits taken out on them. We tried desperately to tell police in several countries that real people had paid real money to have other real people killed, but they just weren't interested. We sounded like crazy people talking about dark web hitmen, who were scams anyway and nobody was dead, so why should they be interested? They became much more engaged when one of the people WE HAD PREVIOUSLY TOLD THEM ABOUT later turned up dead | |
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| By law enforcement, do you mean only local or else the big agencies? I feel like I wouldn't tell my local police department because they wouldn't really know what to do. It would have to the the bigger agencies. | FBI in US. NCA in UK. AFP in Australia. Nobody was very interested, although the FBI did visit at least one of the targets to let her know she was a target. She still wound up dead |
| What are some of the most prevalent uses of the dark web that AREN'T all shady and nefarious? | We might be getting into semantics here, but people use Tor, which is the most possible darknet that is used to access the dark web, just for private browsing and ensuring that commercial interests aren't following them everywhere to bombard them with ads for some thing they looked up. |
| Some of the news organizations have a dark web presence so that whistleblowers can upload information safely. Even the CIA has a site on the dark web so that people can anonymously tip off matters of national security. | |
| Other than that, there are just forums, where you don't have to worry that every single stupid thing you post will be saved in posterity forever, to be trotted out years later when you run for congress or something | |
| After everything you've seen, does anything surprise you anymore or are you just numb to it at this point? Do you think there should be more education/exposure about the dark web than there is now or would that just be counter-productive as people would just find another place to hide? I'm curious to hear any favourite stories about the Psychonauts. | I am not numb and I hope I never become numb. I really don't visit the horrible dark places very often, unless I'm researching something specific, and even then I don't look at pictures or videos. Most of the crime is pretty benign - I'm not fazed by people wanting a safer way to buy drugs. |
| I think there needs to be ongoing discussions about online activity and its misuse in general, but most crime still happens on the clearnet. The dark web is not nearly as large or prevalent as people fear. | |
| For a long time, a dealer provided free LSD to anyone who wanted it for personal use (ie not sale) and to any organizations who were doing psychedelic therapy. | |
| One psychonaut got busted and spent time in prison... only he still had bitcoin in a wallet and by the time he was released he was a millionaire. He would have just spent it on drugs otherwise :) | |
| I know law enforcement has to delve into the predator side of the dark web. With what you've seen do you think it should be mandatory or an industry standard that law enforcement officials seek professional help? I couldn't imagine investigating that daily and not thinking less of humanity at some point. | I'm pretty sure they do. I worked for Legal Aid for a while, and i know there were pretty strict rules in place for the lawyers who had to defend child abusers. |
| When I was at the trial for Lux, owner of Hurt2theCore, I met a cop whose job it was to watch all the videos and befriend the predators in an attempt to get them to slip up and reveal something of themselves. She said she had a little filing cabinet in her brain where she put all that stuff, and that making an arrest made it all worthwhile. She had made several arrests personally. She was a sex offender's worst nightmare :) | |
| What’s one of your personal favorite investigations and what made it unique for you? | By far the Besa Mafia murder-for-hire case. What made it unique was that, first, I was provided a back door into the Besa Mafia site by a friendly hacker, so i had information that nobody else had. But then I became "friends" for want of a better word with the owner of the site, Yura. Besa Mafia, of course, was not killing anyone, but Yura made a LOT of money scamming would-be murderers out of their money. We entered into a weird relationship over the years where i would report on his activities and he would try every trick under the sun to stop me from doing so, so that he could keep scamming people. He even offered me a job, helping him, because he had become so busy. He also provided me with names and details of people who had hits taken out on them so I could pass them on to law enforcement. |
| It all became horribly real when one of the people who had a hit put out of them wound up dead. It wasn't Yura of course, but the guy had paid him $13K before giving up on the site and doing it himself. The thing was WE HAD TOLD THE FBI about the hit and the $13K and they visited the victim, but then put it into the too-hard basket when she couldn't think who might have paid that much to kill her. | |
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| Wow. That’s actually pretty cool. Reminds me of an old saying. “Keep your friends close, but your enemies closer.” | It's a seriously bizarre relationship. When I was hired as a consultant by CBS for a 48 Hours expose on dark web hitmen, he actually agreed to meet me in London. But he thought that CBS was going to advertise his site as the real deal and he got excited and sent them details of two people who had hits put out on them. CBS sent them straight to the police and very shortly after two arrests were made and it was all over the news, where they called his site a scam. Yura got so pissed about it, he never turned up to our meeting. They had even hired an Academy Award-nominated master of disguise makeup artist to disguise him! |
| are "red rooms" actually a prevalent thing, or just a widespread misconception or rumor? I ask in part because it's very easy to see, for instance, Mexican cartels dismembering people alive, etc, just on the clearnet. Hell, a couple days ago I saw a video posted of a cartel member cutting out a dude's heart while the guy was alive, and he ATE it. He fucking ATE it. So it seems plausible... | The most popular myth of all is Red Rooms, where people – usually women – are tortured to death live on camera while those who have paid to watch type in torture commands in a chat box. Think the movie Hostel, with webcams. In this sense these have never been proven to exist. I get where you are coming from with the cartels, and the recent news item where they found those shipping containers set up with torture rooms freaked me out and made me wonder! |
| There is some truth to this rumour, but the execution is not like you see in the movies. Most notably, because it involves children, not adults abused on demand for paying pedophiles, but not to the point of death | |
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| The news about those shipping containers really made me speculate, since for every one person who gets caught doing something evil, there must be at least several more people who are very honed in their 'profession' doing the same evil deeds and worse, yet who evade being captured for decades. Anyway, based on morbid things I've seen, karma comes around eventually... | I know, right? It really freaked me out, and then when I read that they already had intended victims for them but the police got to them first and put them in protected custody.. IMAGINE SEEING THOSE PICTURES AND KNOWING YOU WERE SUPPOSED TO BE IN THEM!! I would retire to a deserted island somewhere |
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| Your line of work could easily result in something like C-PTSD down the road a little ways. I have a morbid curiosity, and have seen worse than those shipping containers had to offer. I'm sure you have as well. So one more question from you, if you don't mind: what are some proactive approaches to mental health you take to safeguard your sanity? | A lot of wine. Cuddle my dog |
| Hi, there! This has been fascinating to read; thank you so much for sharing! I'm curious: why do you think so many people who don't want to engage with disgusting and illegal content like hurtcore find it so interesting to read about? Do you have any insight into your readership and the ethics associated with reading about these kind of topics? | I think morbid fascination with the dark is exceedingly common - just look at how many people can't get enough about serial killers! In some ways it is probably a self-defense mechanism - the vast majority of true-crime readers are women. People like to be armed with knowledge. We also like to be spooked and scared. |
| As for my books, I don't really go into much gory detail, but the horror still shines through | |
| Out of all 9-5 jobs out there, why this? What’s your motive? | I got disenchanted by being a lawyer and I had wanted to be an author since childhood. The lawyering put me in a strong enough financial position that I could quit to do a uni course for a couple of years. My plan was to become a best-selling novelist, but my first chick-lit novel was nothing special. However, during the course, I found I did really well at journalism and was soon making a living as a freelance journo before I finished the course. My first major feature was on the Silk Road drugs market, which I had discovered thanks to a friend who was using it. Once I got in there I became fascinated by everything about it and started contacting the owner, users, vendors etc asking for stories (I was upfront about who I was). I began the first serious dark web blog - allthingsvice.com - and also became the go-to freelancer for Australian dark web stories. Then I pitched my first book and got a healthy advance for it. |
| I like working for myself, working from home and delving into things. Right now I have my dream job (though it wouldn't hurt to pay a bit more. I'm certainly not making anywhere near what I used to make lawyering, but I make enough to get by and I live pretty simply) | |
| Did you ever do any writing on Brian Farrell and his role in Silk Road 2.0? I was Brian's cellmate for all of 2017 at Sheridan Federal Prison and heard all of his crazy stories. Was just curious as to the validity of them all. | DoctorClu! I did write briefly about him in Silk Road, but it wasn't all positive. I remember being frustrated by the shitshow that was Silk Road 2.0 in the beginning, right after SR1 shut and when DPR2 took off and Defcon got all dramatic. It settled down after a bit and lasted a year, when it was revealed THEY HAD A FUCKING UNDERCOVER HOMELAND SECURITY OFFICER ON STAFF THE WHOLE TIME. But yeah, anyhow, they are probably true. I'd love to hear them :) |
| Was there ever something on the dark web that made you surprised ( in a good way) and smile ? | So many things. Back in the day of the original Silk Road, I became obsessed with the forums, the people behind it, the intelligent discourse about the War on Drugs and philosophy. I found it amusing that drug dealers ran sales and giveaways. There were book clubs and movie clubs. |
| One of the most important people from that era was Dr Fernando Cauevilla, who became a member of Silk Road as "DoctorX". He was a real doctor who provided genuine, free, non-judgmental advice about drug use to the members of the site. It was quite an amazing time. | |
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| Did Ulbricht get taken down the way we were told in the news? What happened to all the Bitcoins? | His arrest went down the way we were told in the news. How they located the server has never been disclosed (other than a fanciful explanation that NOBODY could believe). This explanation may be tested if Variety Jones runs a Fourth Amendment argument at his trial |
| The bitcoin in the wallet on Ross' computer was auctioned off by the Feds. He may have other bitcoin wallets stashed somewhere but nobody knows | |
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| Book/movie clubs on the silk road? | Yeah, they would set reading and then everyone would come back and discuss the book, or they would have a time when everyone watched the same movie at the same time and chatted about it in real time |
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| Haha that's amazing! I don't suppose you remember any of the books in question? | They used to be a lot of philosophy books, especially on agorism. A Lodging of Wayfaring Men was one of the books. I remember V for Vendetta on a movie night |
| You don't seem to be pushing your most recent project and you're actually answering all the questions people ask, so I've got ask...are you some sort of government plant meant to destabilize reddit? This isn't how AMAs are supposed to work. You come in, you half ass a few questions, hawk whatever you're here to hawk, and then leave after 20 minutes. That's how it's done. | lol I'm a genuine redditor from way back, and I love talking about the stuff I do. I did find that after I answered a question in an AskReddit thread a while back that blew up, the sales followed. But that was organic and I don't think you can force it to happen - Reddit can spot that a mile awy |
| What are some of the best things about the dark web? And can anyone get on it? Things you can buy that you can’t buy normally online? | I really enjoy some of the forums, especially the psychonaut forums where people who like to trip on psychedelics get together and talk drugs and philosophy. There's a real "be kind to one another" vibe. |
| Getting on the dark web is easy, but not getting scammed when buying things takes a lot of homework. Yes, you can buy most things, but the most popular things are drugs and digital goods, i.e. things that depend on repeat custom and are easily transferable from seller to buyer | |
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| [deleted] | You're doing the Good Work my man. I'd give you one of those awards if i knew how |
| What would you define the word "Safe" when it come to the internet (both www and dark web) world and are there any tips that I should follow to keep myself safe? | It really depends on what YOU mean by safe. Tor, which is the darknet that provides access to the dark web will keep you safe from prying eyes and surveillance. |
| If you mean keep your information safe, the old-fashioned advice is to never reuse your password and to enable 2-Factor authentication wherever you can. Your information is quite likely somewhere on the dark web thanks to high-profile hacks of major organizations, but provided you don't re-use usernames and passwords, you really don't have to worry too much about it. | |
| If you mean keeping yourself and/or any kid safe from predators, the only thing is to ensure you are educated about the approaches and methods they use. | |
| Has Covid affected the Dark Web in any real way? Also I just read through all of the post comments, what incredible story’s. I would totally buy a book about the Silk Road or Yaru! | re covid on the dark web, here's some notes I made for an interview I did recently: |
| * when Trump first hyped hydroxychloroquine as a potential miracle cure for COVID-19, drug dealers on the dark web seized on the claim. | |
| * Listings quickly popped up on the most popular darknet markets | |
| * A vendor on Whitehouse Market sells 100 Pills for $90, calling it a “Miracle Drug For Coronavirus” and suggesting buyers purchase in bulk to sell at a mark-up locally. | |
| * Another makes the dubious claim “This drug will help people to beat Corona Virus” There are 11 listings on Empire Market currently, although more than half are from the one seller, who is a well-known and trusted vendor on the site. | |
| * There were also people claiming to be selling infected blood or plasma of recovered COVID victims | |
| * The infected blood stuff is just bullshit IMO Just because something is listed doesn’t mean it is genuinely for sale | |
| * There's been some claims to be selling vaccines | |
| * At the beginning there were also loads of listings for PPE | |
| * some just used it as a marketing tactic - “fight off the virus with edible cannabis” or “relax with Xanax” and others as an excuse to raise their prices | |
| * However, sales are low compared to sales of other drugs on the site, so it is difficult to say whether it’s something that will really catch on | |
| * It didn’t take long for complaints to come in and market owners to clamp down on anything claiming to be a miracle cure or vaccine | |
| * users were discouraging other users from profiting off the pandemic and requested markets provide health and safety information | |
| * All the major markets forbid anything being sold as a cure for COVID. They flagged keywords and vendors would be told to take any listings down. They also put out PSAs telling people not to buy | |
| * Monopoly: threatened to ban and.. “You are about to ingest drugs from a stranger on the internet - under no circumstances should you trust any vendor that is using COVID-19 as a marketing tool to peddle already questionable goods” | |
| * It was a business decision. They don’t want anything that will attract attention or that might cause desperate people who wouldn’t normally use the DNMs to find their way there | |
| * The idea behind DNMs generally is educated and responsible drug use. They really don’t want people dying - bad publicity and no repeat custom | |
| * However the dark web is rife with scammers and people willing to prey on the desperate so there are still scams out there | |
| * The only way I could ever see it becoming a thing is if there is a well-known potential cure/vaccine that is not being made widely available and could plausibly find its way onto the black market | |
| Hi Eileen :) My question is about how you construct your Casefile episodes - I assume there is an extensive amount of outlining but do you write the final draft like a script specifically thinking about his voice? And about how long are they as far as - for example - does one hour equal 50-60 pages? Thank you. | I initially write them as if I'm writing an article or book, but then go back and edit them to be read out and yes, when I do that, I do have his voice in my head lol. One episode is usually around 12,000 words. It then goes to another editor who edits the episode to be even more "casefileaa' before it finally goes to Casey |
| Have you been exposed to things in your investigations that have made you second-guess what you do? If so, what has made you keep going back? | i've definitely had days where I question everything, but to be honest, I don't really hang around the horrible really dark places much. I did delve into the child predator forums when I was writing The Darkest Web, but I don't make it a habit to go there. The psychonauts are much more friendly |
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| To continue with that- have you clicked images, links that make you a suspect in certain scenarios? | Oh absolutely. Sometimes I go to a "Fresh Onion" site, which is a site that crawls all the .onion addresses (dark web URLs end in .onion rather than .com, org etc) and alerts you to any new ones. Sometimes they don't have any description, so you take a big risk clicking on any of those. The most dangerous button on the dark web is the "Random Onion" button, so I avoid that. |
| I'm pretty careful about what I click, but the moment something looks questionable I nope the fuck right out of there | |
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| Have you ever felt that you may be a suspect whether it be ok a drug site, a pedo site, etc. Have you ever been contacted by someone regarding your surfing habits? | Well my actual surfing habits are protected by Tor, which means they are hidden from prying eyes, so no I haven't been contacted about them. I am very open on the dark web about who I am and what I'm doing there - I use the name OzFreelancer on all of the markets and forums. I don't go to the sites that host child abuse images - you can't un-see that shit and I don't need it in my head. |
| As noted in another reply, I was contacted by Homeland Security on one of my visits to the US and taken for a "friendly" lunch. | |
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| Psychonauts are more friendly than most people. Something about regular mind altering experiences makes you want to be less of a cunt. | Yeah, I call The Majestic Garden a little corner of sunshine and rainbows on the dark web :) |
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| More about The Majestic Garden please? What is grown there? | It's a place where people talk about and source psychedelics - most notably LSD, the 2C family, DMT and MDMA. Talk about and sourcing harder drugs is forbidden. In fact the admins snuck in an autocorrect so that any time someone wrote the word "cocaine" it would post as "a raging hardon" :D |
| Do you fear that seeing all this stuff might turn you emotionally blunt? I'm not watching any of this stuff on purpose (even the clearnet stuff), because I fear that the more you see of it, the more normal it gets, and ultimately, the more it will fuck you up. To quote the movie 8mm... "If you dance with the devil, the devil don't change. The devil changes you." | No, I can't even watch "3 Guys 1 Hammer" in its entirety, let alone look at the really dark materials on the dark web. When I was researching The Darkest Web, going into the predator forums did the opposite of making me blunt. It was the shortest section of the book but took the longest to write because it was so emotionally draining |
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| I have to ask, what is "3 Guys 1 Hammer"? | It's a video of two teenagers murdering an innocent man with a hammer that went viral on the gore sites of the regular internet. It's truly horrible. |
| The teens killed over 20 people. I wrote about them in my book Psycho.com (excuse the plug) | |
| I heard somewhere that you foster dogs. Is that something you do to counter all the terrible humans you encounter in your research - everyone knows how dogs are better than people. How many dogs have you fostered and which one was your favourite? | After my dog died I knew I didn't want to have another dog as I wanted to travel more. So I thought fostering dogs would be the answer as you give them love for a few weeks and then they go to their forever home. My first foster, Roy, was a big fat failure and now he lives here and sleeps in our bed and is the most spoiled dog alive |
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| Did you then just decide to quit travelling? I don't know anything about Roy, but I already think I love him. | Nah, he has family he can stay with when I go away, but any major travelling has been thwarted by COVID for now anyway. I'm in a hard lockdown city. |
| And I'm sure Roy would love you too, u/suckmyhugedong | |
| Given how much you know about the dark web, what kind of crazy awful nightmares have you had? This could be a really good one. Thank you | Probably the worst thing was delving into the forums where child predators gathered. I never looked at any videos or photos, but just seeing their discussions sickened me. The one thing that keeps coming back to me came out of the sentencing hearing that I attended of Lux, owner of Hurt2theCore, considered the most heinous website in history. In court they read out a conversation between him and an abuser who made videos of torture of the mute disabled child in his care. They were joking "at least she won't be able to tell anyone" . the abuser wasn't caught, at least by that stage |
| As an indie author, how have you sourced freelancers? Did you seek out those that have specific expertise or did you work with editors from your time as a traditionally published author? | I learned to do everything myself before I started outsourcing. |
| I work with a professional editor who happens to be a friend of mine from back when we did a writing course together. I've been doing my own covers, but now that I have some royalties coming in, I've engaged a professional cover artist from Reedsy to develop a brand and more professional-looking covers for me. It is the hardest thing to find people you really want to work with and who are in budget. | |
| I still haven't got the hang of email lists, newsletters or a website - they are all in a total mess at the moment and I'd love to find someone who can do them, but again it is that problem of finding the right person who is within budget | |
| is it true that most of the internet is in the "dark web"? if so about how much percent is it? | By far the biggest myth is that it 10x larger than the Internet. I mean, this should be common sense anyway, but it gets propagated by tabloid media all the time. It stems a lot from people using the terms "deep web" and "dark web" interchangably when they are different things. |
| The statement that 90% (or thereabouts) of the internet is hidden is true, and it is called the deep web (not the dark web). The 90% that is hidden is all those pages you won’t get to using google or any other search engines. There’s nothing scary about that – in fact it works in your favour. | |
| The easiest example is your bank. The bank’s major page is available to anyone who searches the web (part of the 10%, also known as the “clearweb”). But once you log in, all those pages you can access that contain your personal details? Not searchable on google. Each one of those pages is part of the 90% of the deep web. Business and government intranets also make up part of the deep web. Honestly, it’s nothing to worry about. | |
| The dark web – the hidden services available through Tor and other anonymising programs – makes up a tiny fraction of the deep web. A really, really tiny fraction. It is infinitely smaller than the clearweb. | |
| Do you think human trafficking happens on the dark web? Last year (I think) there was a really bizarre story here in the UK about a model who was supposedly kidnapped to order, drugged and transported overseas by a group called "Black Death". The official story is that BD doesn't exist, and the kidnapper was a fantasist. Is it likely that humans are bought and sold into slavery over the dark web? | There are no slick websites with auctions for slaves on the dark web, but I have no doubt that human traffickers use dark web encryption to communicate. |
| (here comes the second plug for the thread) - I wrote about the kidnap of Chloe Ayling and the Black Death Group in Murder on the Dark Web | |
| What ever happened to the plural of mongoose storyline? it seems like after he was arrested in the united states, his case just fizzled away. did you ever find out any more information about yuri after he cancelled the interview with a news program? what happened with peter scully's case? i read that there was a fire where a lot of evidence against him was held and it all went up in smoke. are there any character and/or personality storylines that you feel haven't been told or are still a complete mystery? eg. tony76 | 1. He is still in the MCC in NY and awaiting trial. It has taken a long time because he had terrabytes of information to go through and things would have slowed down due to covid. I understand he is running the Fouth Amendment argument that Ulbricht probably should have run in the first place |
| 2. I last heard from Yura just a few weeks ago. He is still scamming. There are some more programs in the works about him | |
| 3. Yes there was a very convenient fire, but he still got sentenced to life and i hope he rots in hell | |
| 4. I am madly curious to know what is happening with the extradition of James Ellingson, aka “MarijuanaIsMyMuse”, aka "redandwhite", MAYBE aka Tony76. I would LOVE to know that full story! | |
| the below is a reply to the above | |
| Wow, this shit is a blast from the past. I used to love following the darknetmarket drama. Did you write about PoM and tony76 in one of your books? Ever since reddit shut down /darknetmarket I've been out of the loop. | Yes, I wrote about them in The Darkest Web |
| I was in touch with PoM/Mongoose when he went on a posting rampage on MyPlanetGanja, then visited him in Bangkok prison several times. Wrote all about it :) | |
| This may have been answered by a previous post pertaining to native language barriers to specific sites on the dark web, but in your investigations, did you come across content/pages/forums from warzones? Middle East, Burma, Afghanistan, etc? If yes, what was the most memorable bit? | There are loads of sites in foreign languages, but it is too difficult for me (a one-language numpty) to attempt to translate through AI, and it is not worth hiring a translator when they could just turn out to be Cat Facts |
25. https://news.bitcoin.com/eth-volumes-top-125-billion-in-q3-high-risk-dapps-dominate-tron-network/Here is a small cross post for price movement: https://dailyhodl.com/2020/09/30/bitcoin-btc-tezos-xtz-cardano-ada-etoro-crypto-roundup/
| | The noise surrounding blockchain over the past few years is a perfect example of the Gartner Hype Cycle. Blockchain rose quickly from innovation trigger to reach a peak of inflated expectations and is today crashing into the trough of disillusionment. But it would be wrong to write off blockchain just yet. The ride along the slope of enlightenment will be the really interesting one — where a growing number of industries come to grips with the technology and develop practical applications. I predict we will see some gamechanging uses for blockchain quite soon. submitted by IntelligentDream1168 to u/IntelligentDream1168 [link] [comments] https://preview.redd.it/iqux018kosr51.jpg?width=700&format=pjpg&auto=webp&s=9505a940375ac35c606f56a9de7ae40bd6f40795 Blockchain is a distributed database, which means it stores the same data in many places. This has three main advantages: the data is hard to tamper with because it is recorded in multiple places simultaneously; the data cannot be erased, only added to; and there is no controlling or dominant party, which frees it from control of a single entity and allows it to exist outside any legal or company framework. These are the elements of blockchain that many are using to build a new “internet of trust”, and it is these features that will drive the creation of valuable applications. Today blockchain is best known as a store for cryptocurrencies, with Bitcoin being the most famous — or even infamous due to the crash in its value since the start of the year. But there are many other applications across a wide section of the economy, from farming and manufacturing to the legal and accounting professions and even the retail and health industries. Some have been unsuccessful, which has partly undermined the technology’s credibility. For example, using blockchain to record anything that has a short life, such as perishable food, or creating property ownership records in countries with poorly function legal systems can cause more problems than it solves. The former doesn’t need the longevity of blockchain, while the latter risks recording false information that is very hard to put right. On the other hand, blockchain is ideal for situations where trust is required between two or more parties, particularly when those parties have no reason to trust each other. (This is particularly true on the internet). This is at the heart of work we are doing at the École Polytechnique Fédérale de Lausanne’s new Centre for Digital Trust (C4DT). Our first live project was to create a blockchain-based e-voting system for EPFL’s school assembly. It allowed decentralised voting, maintained anonymity and the distributed nature of the blockchain ensured a tamper-proof election in which multiple groups could verify the results. Looking ahead, the technology with enhancements could be used not just on campus but in sensitive national or local elections where suspicions about interference may be an issue. Another ground-breaking project is being undertaken by the ho, banking software specialist NEEBank. Its aim is to create common standards around issuing, distributing and trading securities using blockchain. CMTA has founded a company called Opus Nigrum with the sole intention of setting a legal precedent in Switzerland whereby blockchain technology can be used to record share ownership. We are currently building the software and, once complete, the company directors will issue shares, transfer share ownership and record it all on a blockchain. A similar exercise has already been completed by the World Bank when it worked with the Commonwealth Bank of Australia to issue the world’s first blockchain-stored bond, dubbed the Bondi bond, in August. The rationale is that a blockchain cuts out the need for a third party, such as a notary or law firm, to register the ownership or transfer of shares. Using blockchain can therefore simplify the process and make it cheaper. CMTA hopes the Opus Nigrum exercise will provide a standard for how it should be done correctly in Switzerland and that developers will then seize the opportunity to create a robust, user-friendly platform. It’s a question of get it right once and roll it out. Once set, the precedent would allow blockchain to be used not just to record share ownership, but for other financial transactions, too, from loans and bond issuance to more complex financial instruments. The elimination of the middleman might prove to be particularly attractive to small and medium-sized enterprises because blockchain will make it easier for them to access new finance and grow. Applications like these promise to simplify transactions and democratise access to financial markets. It’s an exciting time, even if some of the hard, collaborative work to develop real-life applications for blockchain fails to grab the headlines. |
| | 3. Fiat Currency Deposits, Trading, and WithdrawalsBittrex Global supports euro trading, deposits, and withdrawals for eligible personal and corporate accounts. Please note that euro trading is offered by Bittrex Global and subject to the Bittrex Global Terms of Service.There are three mechanisms available for depositing euros to your Bittrex Global account:
If the name on your bank account is the same as the name in your Bittrex Global account, you can deposit euros by following the instructions on the SEPA deposit screen. You can get to this screen by going to your Holdings page, finding the EUR currency, clicking Deposit, and selecting SEPA. https://preview.redd.it/ca7faux9ied51.jpg?width=974&format=pjpg&auto=webp&s=0993b8750b71e7467e15bb649f02c7c45f17f558 SEPA Transfer Instructions. https://preview.redd.it/njwwpr8cied51.jpg?width=974&format=pjpg&auto=webp&s=8218dfcabf7e7f2e98f8db5e3e30f676baf10c6c Recipient name: Bittrex International GmbHRecipient address: Äulestrasse 74 9490 Vaduz, LiechtensteinIBAN number: LI26 0881 1010 3179 K001 E Make sure you accurately type the above text in SEPA transfer memo/notes to properly course the deposit for your account. If the name on your bank account differs from that in your Bittrex Global account, or if you wish to withdraw via SEPA without depositing, you will need to fill out the Euro Deposit and Withdrawal form https://bittrexglobal.zendesk.com/hc/en-us/requests/new?ticket_form_id=360000640760 to have your bank account whitelisted for use with your Bittrex Global account. https://preview.redd.it/qk3k15snied51.jpg?width=974&format=pjpg&auto=webp&s=a641af8287d7624c9a68e69b5eede7a26dd00f65 https://preview.redd.it/stsxd6snied51.jpg?width=974&format=pjpg&auto=webp&s=b38ef3a190cfba71f041fb2a2947a27ba6931c38 Depositing USD on BittrexCrypto assets ensure that replenishment and all exchange transactions are kept through digital currency. Therefore, in case you need to withdraw cash, you must first convert it into Bitcoin (BTC).At the same time, there may be some other ways to refill the balance with US dollars, which entails filling a particular form for depositing in dollars—Fiat USD trading Request. To gain a digital currency on the exchange you need to visit your private account and find the Wallets section where all the wallets are shown. The platform creates a crypto address to which we transfer funds. Money can be credited to the exchange within two days, with the time required depending on the currency and mode of payment (e.g. bank transfer, credit or debit card, and so on). Therefore, after the transfer, the funds are credited to the exchange's internal wallet. In order to include a user account for depositing and withdrawing funds in dollars, Bittrex must add the user’s bank account to the white list. Therefore, to replenish the balance with fiat money, you must fill a special form.
https://preview.redd.it/jwcp2jguied51.jpg?width=861&format=pjpg&auto=webp&s=9ef519cbcf579cc3567e53b55af29fa154e342e3 Keep in mind that wire transfers can only be received from bank accounts approved through the fiat trading application. 2) Make sure your bank account has been whitelisted. Sign in to your Bittrex Global account. Go to the Holdings Tab. Type “US Dollar” in the search bar. Click the Withdraw button beneath Actions. All available whitelisted (approved) bank accounts will be shown. https://preview.redd.it/ldwmvt3wied51.jpg?width=974&format=pjpg&auto=webp&s=71d3da503e050f5b4d231184ea82f65fd477b671 3) Generate your USD deposit code. To get a USD deposit code, click the Holdings tab. Type “US dollar” in the search bar, click Deposit beneath Actions. Your USD deposit code will appear at the bottom of your Wire Transfer Instructions. Copy this code and input it in the memo/notes subject of the wire transfer form to your financial institution. https://preview.redd.it/pf7sowxxied51.jpg?width=974&format=pjpg&auto=webp&s=c99b3c10a1921254e8247c77a04f529bc60e290b Use your USD deposit code every time making wire transfers. Wire transfers cannot be processed without a correct USD deposit code. 4) Best practice: Use the wire transfer information provided in your USD wallet when asking your bank for assistance. Bittrex recommends that users resort to a local bank branch when sending wire transfers for the first time. To show wire info, enter the "US dollar” in the search bar at the bottom of the Holdings page. Then click Deposit beneath Actions. You will see all the wire information. Use the deposit data to fill out a wire transfer form correctly. In case the info does not appear or if you have questions, please contact Bittrex Global support. Make sure the wire transfer is not sent as an ACH transfer. ACH transfers aren't permitted so they will be banned. Be aware: Wire deposits (wires sent to Bittrex Global) CANNOT be initiated on the Bittrex Global webpage. Only withdrawal wires can be initiated on the webpage. All wire transfers must be processed from the bank account number that was provided to Bittrex Global, in your fiat money transfer application. 5) Wait for the amount to be credited to your Bittrex Account. All USD deposits are credited the same or next-business-day once settled in Bittrex's bank account. Wires take 5-10 days to settle. More delays will occur if the wire data does not fit the whitelist. Wire transfer charges: Bittrex exchange does not take any wire transfer fee. Please ask your bank about the commission it charges for sending or getting a wire transfer. International banks usually involve mediators so check the commission the intermediary charges for their services. Depositing Euros on BittrexThere are three ways available for depositing Euros into Bittrex Global account:
https://preview.redd.it/cq1fll73jed51.jpg?width=801&format=pjpg&auto=webp&s=b9b199d7bae9d9127b41cd72eec6619c05f2dcb3
https://preview.redd.it/26g4bz36jed51.jpg?width=974&format=pjpg&auto=webp&s=a2457611bdca65ad15320ceba583b51a797d357a 3) Go to the Holdings tab. Type “EUR” in the search bar. Click the Deposits button beneath Actions. https://preview.redd.it/l0q8hkcajed51.jpg?width=974&format=pjpg&auto=webp&s=6d7bf1fd2cc0185c13ddc89f91c35061bf5249ef Deposit SEPA Transfer. https://preview.redd.it/5eb44h9djed51.jpg?width=974&format=pjpg&auto=webp&s=4c4433c87b633d8b69d5c26ef067a63129baf8fe Make sure to include the text above in your SEPA switch memo/notes to perform a deposit to your account correctly. No primary deposit is needed, but you need to provide details on the institution managing your account. Attachment requirement: a bank-issued letter or account statement displaying containing the following data:
Debit and Credit Card Transactions on Bittrex GlobalTo use a debit or credit card in your Bittrex Global Account do the following:
As soon as the transaction is permitted, the funds may be credited to your wallet. You can track the transfer progress in the Deposits section of the Holdings page.
Countries SupportedAndorra, Austria, Australia, Belgium, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Italy, Japan, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Monaco, Montenegro, Netherlands, New Zealand, Norway, Philippines, Portugal, Reunion, San Marino, Singapore, Slovakia, Slovenia, South Korea, Sweden, Switzerland, Taiwan, United Kingdom, Vietnam.Depositing Coins/Tokens on Bittrex Crypto ExchangeTo deposit crypto coins to your Bittrex exchange account, you will need to take a few important steps. It's critical to be especially careful to make your deposit as secure as possible.To deposit coins to Bittrex Global, do the following:
2) Find for the wallet you want to deposit funds to and click Deposit beneath the Actions tab. https://preview.redd.it/ujrsrpljjed51.jpg?width=974&format=pjpg&auto=webp&s=fb96e242ac86bcbce02923f34e6e36179308d895 3) Please copy your Wallet Address to make a deposit. In case you don’t have any Wallet Address, click Generate new wallet address. Below is the option of creating a deposit address for Bitcoin (BTC). https://preview.redd.it/pqpkfmbljed51.jpg?width=970&format=pjpg&auto=webp&s=a3af6d68c0698907ce338a7dea4bb7f58653f423 A few cash and tokens have a minimum deposit amount. For instance, your Ethereum deposit address must hold extra than 0.05 ETH before crediting to your account. If you deposit less than 0.05 ETH, you may want to deposit some amount on the blockchain amounts to more than 0.05 ETH. In case you send a deposit smaller than the minimum, you will have to make another deposit to reach the minimum amount. Please make sure that you transfer coins of the same type to the address. This means if you generated a BTC deal, you deposit BTC to it and no other coin. In case you deposit a different coin than that of the deal, you take a risk of losing all the concerned funds. Depositing Tether (USDT) StablecoinBelow is the option of creating a deposit address for Tether (USDT).
https://preview.redd.it/kc61io6qjed51.jpg?width=974&format=pjpg&auto=webp&s=7baed4d68fbf51dacc4e667b04501868645d1d57 2) Please copy the USDTT Wallet Address to make a deposit. In case you don’t have any USDTT Wallet Address, click Generate new wallet address. https://preview.redd.it/ugh3b54tjed51.jpg?width=974&format=pjpg&auto=webp&s=0e272a481854b32407a6611690c501370431f47c https://preview.redd.it/ph20s84tjed51.jpg?width=360&format=pjpg&auto=webp&s=0e92999e9b85d4aa2d590db15e631690530f4825 3) Copy this crypto address and paste it to the Etherscan.io search bar. Click Search. You will see the contract info. Click to view a QR code. A new window will appear, showing a QR code of your USDT wallet address. Be careful and check the correctness of your USDT transaction to your account on the Bittrex exchange. https://preview.redd.it/g2ar653yjed51.jpg?width=974&format=pjpg&auto=webp&s=ddc947f57b616316bcb010f8aa1bb02ccdb22389 You can check any Tether USDT ERC20 token transaction on the Ethereum blockchain. When a transaction happens, you will see the transaction hash and balance. https://preview.redd.it/y11afeyyjed51.jpg?width=974&format=pjpg&auto=webp&s=40d1682638c462f8cb3a06c8e0d04dc6a99eeb35 Once the transaction is confirmed on the blockchain, the Tether USDT will be credited to the balance sheet and you will find them in the Balances section. Other USDT deposits can be found in the Deposit History section. https://preview.redd.it/81j8rue1ked51.jpg?width=974&format=pjpg&auto=webp&s=d6683000c5d7ddffc124352a0be7590f43cad6d4 The full version First part |
| | Written by chaintalk.tv submitted by CoinExcom to btc [link] [comments] https://preview.redd.it/v238540taz751.jpg?width=1280&format=pjpg&auto=webp&s=2a852e171a74e49da802d7c12fadba452cf4cf43 We recently had the opportunity to interview the VP of ViaBTC Group, Eddie Jiang. ViaBTC Group owns popular crypto exchange CoinEx and ViaBTC Pool. In this interview Eddie discusses being the first exchange to use BCH as the base currency, ViaBTC Pool and integrating with CoinEx, new features and ambassador program, and competing with other exchanges like Binance and Huobi. Please enjoy the interview below. How come you decided to open up CoinEx to other cryptos other than just BCH? Eddie Jiang: CoinEx is the world’s first exchange to implement Bitcoin Cash as a base currency. At that time, it was evident that there was a demand for BCH trading markets, and we are the first to explore this opportunity. It also shows our determination to support the BCH’s development. As CoinEx is developing, our goal becomes bigger and we are aiming at the global market. We need to constantly improve our product diversification to meet the different needs of more users, so we open up to other cryptos. In the past six months, we have listed more than 50 new tokens. Up to now, we have listed 129 cryptos and 313 markets. Besides, in addition to spot trading, CoinEx also supports perpetual contract and other derivatives trading. How does CoinEx integrate with the ViaBTC Pool? Eddie Jiang: ViaBTC Group announced a strategic upgrade, which included a new organizational structure, product innovations and service improvements, on 30 May. As part of the change, the Group has established three dedicated business units (BU): the financial services BU, consisting of ViaBTC mining pool and CoinEx exchange; the infrastructure services BU, including ViaWallet and Blockchain Explorer; and the ecological development BU, focusing on the research and development of public chain technology and the construction of the ecology. After halving, the combination of mining and finance will become closer and closer. Investing in mining machines is like buying a Bitcoin option. Miners need more flexible financial products to maintain and increase the value of assets, or hedging services. Based on this judgment, the operations of ViaBTC mining pool and CoinEx exchange will be integrated in the future to realize the financial empowerment of the mining pool to meet the diverse financial needs of miners. Features of this integrated product upgrade can be summarized as: “ The mining pool is the wallet, and the wallet is the transaction.” ViaBTC is the world first mining pool that has a wallet embedded in the mining pool account. Users do not need to transfer the mined coins, and can realize the function of coin exchange within the wallet. For example, they can directly convert the mined coins into USDT to pay electricity bill. What’s more, users can store, deposit and withdraw their revenue, and transfer assets to CoinEx at any time without charge, as well as complete other operations on the exchange, such as purchasing wealth management products for asset preservation and appreciation. In addition, we also provide hedging services. All of the above functions can be completed in one stop in the mining pool, without the need to transfer assets between different platforms. The exchange empowers the mining pool, and the mining pool will further bring more traffic and resources to the exchange. The two complement each other and development coordinately. CoinEx has recently added many new features. Can you talk about what new updates were made to the platform and why you made them? Eddie Jiang: We have always attached great importance to the development of overseas markets since our establishment, and one of our major goals this year is to cover at least 10 different languages speaking markets. To realize this and to meet the needs of more users worldwide, CoinEx has been continuously optimizing and upgrading its operating strategies, products and services. Our product diversifications are constantly improving. As I said before, we have launched leverage trading, perpetual contract trading, and wealth management products in addition to just spot trading. However, we don’t ignore the importance of spot trading. More mainstream, popular, and high-quality tokens have been listed, and up to now, there are 129 tokens and 313 trading pairs on CoinEx. During the epidemic, we have never slowed down our development. Lacking of the OTC service has always been a shortage for CoinEx. In March, we partner with Simplex to integrate the first fiat onramp to our platform. People now can buy crypto with their credit cards, which lowers the threshold for more people to enter the crypto world. Moreover, we announced global strategic partnership with Matrixport to provide people with large amount of fiat to crypto needs the OTC service. These newly launched services also help to attract more users. At the same time, CoinEx has been launched in Arabic, Italian, English, Japanese, Russian, Korean and other 16 languages. Earlier we also carried out product upgrades, making the UI and function sections clearer. In terms of operations, we launched an upgraded CoinEx Ambassador program in March. To best utilize each ambassador’s personal strengths, there are four categories of CoinEx Ambassador with different responsibilities, namely Referral Ambassador, Marketing Ambassador, Operation Ambassador, and Business Ambassador, which will expand our brand’s exposure and help CoinEx grow into a more international exchange platform. From March until now CoinEx has seen a 100% increase in user registrations. Why is that and are you able to see where they are coming from? Eddie Jiang: Because of the efforts mentioned above, in 2020, we’ve seen an exponential increase in activity in just the past few months alone. In this year alone, CoinEx’s daily registered users increased by 100%. These new users mainly come from markets such as the Middle East, Asia Pacific, and more. Interestingly, we saw an uptick in traffic from the Middle East in March. User growth in Southeast Asia also picked up significantly, newly registered users increased by 133.6% in April. With Binance, BitMex, Huobi, Bybit, and Deribit, controlling most of the crypto futures and options markets, where do you see CoinEx fitting in? How do you plan to capture market share from these large exchanges? Eddie Jiang: We won’t compete with others. We focus on ourselves to improve products and our goal is to be better than yesterday. Our pace is solid and steady, instead of focusing on temporary heat and flow. We have always attached great importance of spot trading, and we are committed to be responsible for users’ investment. We have set up CoinEx Institution, which is dedicated on project research. A listing committee consist of core team members review and vote on projects recommended by the CoinEx Institution. In this way, fraud projects are avoided as much as possible. Besides, we will focus on niche areas with great potential. For example, Southeast Asia and the Middle East. CoinEx can serve users in those countries well by providing a platform with rich cryptos to trade, and will pay more efforts on refined operations in different countries. Moreover, CoinEx has a very complete ecosystem. Financial services, infrastructure, and ecological development, the three business units complement each other. The infrastructure BU is our cornerstone and is positioned as a defensive product; the financial service BU is a cash cow and is positioned as an aggressive product; the ecological development BU focuses on the public chain ecology and is the future infrastructure. What is the geographical breakdown of the CoinEx userbase? Eddie Jiang: The current proportion of CoinEx’s overseas users has reached 80% of the total registered users, and mainly in Australia, Southeast Asia, North America, Middle East and South Korea. Do you have plans to focus on any certain jurisdictions? How will you do that? Eddie Jiang: When we evaluate regions, two things matter: policy and potential. Whether an exchange’s business expansion in a region is smooth or not largely depends on the region’s policies. If the region is not very friendly towards cryptocurrency or has repeated attitudes, there will be more difficulties and the cost will be much higher. For a region’s development potential, we need to think about the demand and market development status. South Korea, Southeast Asia, the Middle East and other regions are all areas with good potential for cryptocurrency development. Compared with Europe and America, policy risks in these countries are lower, and the supervision mechanism is relatively complete. The public has a high degree of awareness of cryptocurrencies. Besides, some regions or countries have inflation problems due to political and economic reasons. CoinEx will continue to focus on the Middle East and South Asia, which are relatively niche. India has just lifted ban on cryptocurrency trading this year, and there are many cryptocurrency investors in Indian. CoinEx can serve them well by providing a platform with rich cryptos to trade. More people in the Middle East are interested cryptos, especially in countries that are subject to economic sanctions or high inflation. For those people, cryptocurrencies are one of the best choices for asset preservation. Since the CoinEx Ambassador program launched in March, it has been almost three months. We are conducting the second round of ambassador recruitment. This time, we will use the power of ambassadors to expand our recruitment coverage and strive to attract more crypto enthusiasts from all over the world to grow together with CoinEx. Moreover, we will launch the National Expansion plan and leverage on the CoinEx and ViaBTC mining pool resources, to further explore the Russian market. At the market level, we will make more PR efforts in local markets, and start refined operations. What is CoinEx Chain and CoinEx DEX? Eddie Jiang: CoinEx Chain is a public chain built on the Tendermint consensus protocol and the Cosmos SDK. It consists of three dedicated public chains parallel to each other. Among these three chains, CoinEx DEX meets the most basic needs of DeFi for token issuance, transfer, and transactions. The Smart Chain is designed to meet the needs of complex financial scenarios and delivers programmable cash. The Privacy Chain facilitates privacy and security. On November 11, 2019, we took the lead in launching the Mainnet of CoinEx DEX. CoinEx DEX is the world’s first public chain dedicated to decentralized transactions. Users can easily manage their digital assets on it. CoinEx DEX can fully satisfy the following conditions: users have private keys at their own disposal; transfers and transactions are all completed on-chain, which is 200% transparent and checkable; the issuance, transfer, and transaction of tokens do not require review or permission; the community governance and operation is decentralized, similar to EOS, and validators are introduced to the community ecosystem construction and governance. There are currently 41 validators. It also has extreme performance. TPS reaches as high as 10,000 and transactions are confirmed within seconds. The transaction fee, 0.0001 US dollars for each transaction, is negligible. Third, it’s simple and easy to use. The new operation interface design helps beginners get started quickly; with the one-click token issuing module, users only need to fill in a few items to issue tokens; the built-in automated market-making module guarantees liquidity. How will CoinEx DEX improve the decentralized exchange space that has been unable to gain much adoption? Eddie Jiang: There are many challenges and difficulties facing centralized exchanges. The first difficulty is security. Security is a huge concern for CEXs. Over the last 10 years, hackers have stolen more than $1.5 billion from centralized exchanges. In fact, research groups estimate that hackers stole somewhere between $950 Million and $1 Billion from centralized exchanges in 2018 alone. There were also incidents of coin thefts in other exchanges in 2019. Many exchanges, such as Mt. Gox, Youbit, were forced to file for bankruptcy and shut down as a result of hacks. The second is high management costs. Centralized exchanges need to list a large number of cryptocurrencies and each of them have different trading pairs. That entails huge efforts in development and maintenance and, thus, high management costs. The last is global policies. Cryptocurrency is faced with different regulatory policies in different countries. Every time a centralized exchange enters a country, it needs to adapt itself to local regulatory policies for compliance. This is a holdback for the exchange’s rapid market expansion globally. Such adaptation will also bring a huge learning cost for the exchange team. Obviously, these problems can be well solved by DEX. CoinEx DEX is a true DEX with full open source and full community governance, as well as without depending on official nodes, websites, wallets, etc. On DEX, users are able to in charge of their own private keys and assets all by themselves. Their assets are more safe and secure. Transfers and transactions are all completed on-chain, which is 200% transparent and checkable; and the issuance, transfer, and transaction of tokens do not require review or permission. What’s more, CoinEx DEX provides a great and convenient user experience. How will CoinEx Chain and DEX help the crypto industry as a whole? Eddie Jiang: The public chain is the cornerstone of the blockchain industry. CoinEx Chain has the parallelism of multiple dedicated public chains, each of which performs its own functions, by cross-chaining for both high performance and flexibility. CoinEx Chain is committed to building the next generation of blockchain financial infrastructure. It is a more complete ecosystem built around the DEX public chain. The DEX public chain is a dedicated public chain developed specifically for token issuance and trading and the biggest improvement on trading speed, so it only supports the necessary functions, not smart contracts. But smart contracts are the foundation for building more complex financial applications. Outside the DEX public chain, CoinEx Chain also includes a Smart Chain that supports smart contracts. Moreover, as privacy issues on the current blockchain have been criticized, it is one of the core tasks of CoinEx Chain to safeguard users’ privacy. Similar to the Smart Chain, the Privacy Chain specifically supports transaction privacy protection. With cross-chain circulation, it can improve the privacy characteristic of the entire CoinEx Chain ecosystem. Nowadays, 1.7 million people in the world have no bank accounts; however, among them, two thirds are smartphone users with huge demands for financial services. The public chain will empower DeFi applications’ development and popularization, not only help more companies to seize the huge market opportunity, but also to bring lasting transformations and improvements in people’s lives. With so many crypto exchanges, what is the future outlook of CoinEx when it comes to the crypto exchange space? Eddie Jiang: It has been nearly 3 years since CoinEx has been launched, but it’s quite young for an entrepreneurial team. We have seen too many projects’ failures due to governance issues. CoinEx has a very elite team with high technical and management capabilities. In terms of business, CoinEx has gradually developed with diversified business and a complete ecosystem. It’s clear that the market will still grow very fast in the future, and the market size is still very large. We will continue to improve our products, put more efforts in marketing and operations, as well as look for more high-quality projects, to increase the number of users and transactions on the platform. Lay a solid foundation, and I’m sure the time will come for us to shine. What updates is the CoinEx team most excited for? Eddie Jiang: We are very excited about the National Expansion Plan which will be launched later this year. It is an important part in CoinEx’s globalization strategy. We will actively explore some new markets while consolidate the original ones. CoinEx will set aside 10 million US dollars to set up a “Pioneer Fund” to support this plan. This fund will be used to support local cryptocurrency projects and promote the development of the local cryptocurrency communities through investment or cooperation. Our goal this year is to invest in projects and communities that are conducive to expanding the CoinEx ecosystem in countries with high development potential. Original article Click HERE to register on CoinEx |
We recommend OKEx Wallet as the best all-round mobile wallet on the market. It offers features for both beginners and advanced users alike, including the ability to buy crypto, trade & exchange cryptocurrencies for each other, and store securely in your own ‘safebox’. Now if you’re going to buy Bitcoin (BTC), the first thing you have to do is to set up the best Bitcoin wallet that is available here, in Australia.Because as in other countries, the main function of Bitcoin wallet is to store and to manage your Bitcoin and other cryptocurrencies investment.. It doesn’t matter if you are in Australia or based anywhere in the world the solution is the same ... Bitcoin Australia. Bitcoin.com.au is one of Australia’s longest standing Bitcoin exchanges that provides a simple and fast way for Australians to buy and sell Bitcoin and Ethereum using a variety of online and offline payment methods such as cash deposits at 1,200 newsagents. The exchange has been regarded as one of the best Bitcoin platforms ... That being said, whether you are buying bitcoin as a way to store value, as an investment, or a way to make anonymous payments, you will need a bitcoin wallet. With more and more entering the market every day, Bitcoin Australia decided to take a look at the best bitcoin wallets. What is a Bitcoin Wallet? CoinJar Bitcoin Wallet is one of Australia's most popular cryptocurrency wallet to securely store Bitcoin, Ripple, Ethereum, Litecoin and more. Available for Android and iPhone, you can quickly manage multiple currencies, search your transaction history, customise, and rename your accounts.
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