Silk road

USD 40 billion Silk Road fund no 'aid agency', says China

China today said its USD 40 billion Silk Road fund which will start investments soon is not an "aid agency" and will only finance projects with "reasonable returns", playing down expectations especially among small countries looking to obtain cheap funding for their ventures.

Mar 12, 2015, 17:06 PM IST

US marshals to auction 50,000 bitcoins from Silk Road

The US government on Wednesday said it plans to auction 50,000 bitcoins on March 5, following the recent criminal conviction of Ross Ulbricht for being the mastermind behind the online black market known as Silk Road.

Feb 19, 2015, 01:09 AM IST

US to auction 50,000 bitcoins seized in Silk Road case

The latest batch of bitcoins was found on computer hardware authorities said belonged to Ross Ulbricht, who prosecutors accuse of creating the underground website.

Nov 18, 2014, 10:01 AM IST

China to establish $40 bn Silk Road infrastructure fund

China will contribute $40 billion to set up a Silk Road infrastructure fund to boost connectivity across Asia, President Xi Jinping announced on Saturday, the latest Chinese project to spread the largesse of its own economic growth.

Nov 08, 2014, 18:15 PM IST