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 147 days ago
 Source: inc42.com

Twitter’s Jack Dorsey Backs Crypto Startup, Facebook’s Libra Faces Another Blow And More

Quick Summary

The G7 taskforce has asked to put Facebook’s Libra on hold until the Libra Association proves it safe and secure. Bitcoin-Funded Largest Darknet Child Pornography Website Taken DownThe largest child sexual exploitation website on darknet has been taken down and dozens of minor victims who were being actively abused by the users of the site has been rescued. Earlier this year, Chainalysis had reported that the darknet trade in Bitcoin is set to hit $1 Bn this year. Many of these texts talk about child pornography. Since the messages can’t be erased now and child pornography is strictly banned in India, earlier, demands had also been raised to ban Bitcoin in India on the ground that it promotes child pornography.

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