Internet Watch Foundation Partners to Stop Illicit Bitcoin Use
The Internet Watch Foundation (IWF) has announced a partnership with blockchain industry startup Elliptic aimed at fighting online child sex abuse. With the news, the UK-based charity has provided a database of bitcoin addresses associated with sexual abuse content to the startup. Elliptic, in turn, will seek to use the information to "alert financial institutions and law enforcement" of any payments made in support of the illicit activity. In statements, IWF CEO Susie Hargreaves said that the action follows what her organization believes is an increase in the use of bitcoin by....
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President Joe Biden says that the U.S. will bring together 30 countries to stop “the illicit use of cryptocurrency.” The United States is “partnering closely with nations around the world” to respond to the cybersecurity threats, Biden further said.
US Will Bring 30 Countries Together to Combat Illicit Use of Crypto, Says Biden
The White House released a statement by President Joe Biden Friday on the government’s cybersecurity efforts as October is Cybersecurity Awareness Month.
President Biden explained that the U.S. is....
A recent story published by Bloomberg reports that Bitcoin usage by pedophiles is on the rise. While the use of a potentially anonymous digital currency by the scum of the online world has been long predicted, the Internet Watch Foundation was able to point to some specific statistics in their recent report on payment methods for child pornography online. Although e-gold and Liberty Reserve were somewhat popular options for online criminals in the past, it seems that Bitcoin is quickly becoming the currency of choice for pedophiles. Statistics from the Internet Watch Foundation. The....
Mohamed El-Erian, an adviser to Allianz and Gramercy Funds Management, says that “The time has come for more western governments to stop dismissing the crypto revolution as some mix of illicit payments schemes and reckless financial speculation.” Western Governments Urged to Stop Ignoring Crypto Revolution Mohamed El-Erian, president of Queens College, Cambridge University, has urged the crypto world and western governments to cooperate. The Egyptian-American businessman is also chief economic adviser at Allianz, the corporate parent of PIMCO, one of the largest investment....
Blockchain intelligence startup Elliptic has partnered with the Internet Watch Foundation (IWF) to help tackle child pornography bought with Bitcoin. IWF Taps Blockchain Intelligence. Elliptic, which counts major Bitcoin operators including Bitpay among its clients, already reports to law enforcement on various forms of “illicit activity” involving....
The Internet Archive’s founder Brewster Kahle has joined the boards of advisors for the Filecoin Foundation and the Filecoin Foundation for the Decentralized Web. The Internet Archive, an American nonprofit behind major digital archive Wayback Machine, has received a $10 million cryptocurrency donation from the Filecoin Foundation.According to a Friday announcement, the Filecoin Foundation has donated 50,000 Filecoin (FIL) tokens to the Internet Archive, worth more than $10 million at the time of writing. The grant is designed to help the Internet Archive increase access to its online....