Silk Road bitcoins worth $1bn change hands after seven years (3 minute read)
Almost 70,000 bitcoins, worth around a billion dollars, were moved for the first time in seven years late on Tuesday night for less than a $12 fee. The funds can be traced back to the Silk Road marketplace using blockchain analysis. The marketplace was shut down in 2013 and the funds had lain dormant since. Its founder is serving a double life sentence plus forty years without the possibility of parole. It is unclear who moved the money, but it is unlikely the transaction was conducted from prison.
'This is revolutionary’: new online bookshop unites indies to rival Amazon (4 minute read)
Bookshop is an online bookseller that allows readers to buy books online while supporting their local independent bookseller. Independent bookshops can create their own shopfront on the site and they receive the full profit margin from each sale. Bookshop handles all customer service and shipping, delivering titles to customers within two to three days. More than 900 stores have now signed up in the US, and it is now open in the UK. As Bookshop is a B Corporation, it can never be sold to a major US retailer.