Law enforcement shuts down largest known child porn site on the dark web

The US just scored a significant coup against crime on the dark web. Federal agents and international partners have taken down Welcome To Video, believed to be the largest child pornography darknet site to date based on its sheer volume of content....

Facebook’s Libra loses one more member as its council becomes official

Facebook couldn't avoid losing another Libra Association member before it formalized the cryptocurrency's council. Booking Holding, the company behind Booking.com, Kayak and Priceline, has withdrawn from the Libra Association just before the organiz...

US says digital assets are covered by money laundering and disclosure laws

US regulators issued a blunt warning to cryptocurrency holders who think they're not beholden to the usual rules. The Securities and Exchange Commission, the Commodity Futures Trading Commission and the Financial Crimes Enforcement Network have put...

eBay, Visa and Mastercard pull out of Facebook’s Libra cryptocurrency

Stripe and eBay have followed PayPal in backing out of Facebook's cryptocurrency, Libra. They confirmed to the Financial Times that they would pull their support, while Mastercard and Visa have also dropped out.

UNICEF now takes bitcoin and ether donations

UNICEF, the United Nations' charity that helps underserved children around the world, now accepts donations in bitcoin and ether. As the first UN organization to embrace cryptocurrencies, UNICEF and the recipients of its funding will benefit from the...

Congress will grill Mark Zuckerberg over Libra October 23rd

Mark Zuckerberg will be under the spotlight of regulators once again when Facebook's CEO testifies before the Financial Services Committee this month. The congressional panel is set to grill him October 23rd over Facebook's planned cryptocurrency Lib...

EU grills Facebook over Libra’s financial and privacy risks

It's not just central banks interrogating Facebook over its Libra cryptocurrency as of late. The Financial Times has learned that the European Commission has asked Facebook to answer a range of questions about Libra, including the risks to financial...