The paying customer onboarding page of PornHub’s website now shows only a cryptocurrency payment option to users accessing it from a United States-based internet protocol (IP) address. Customers accessing the service from Europe—on the other hand—are only met by the SEPA European bank wire option.
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Chainalysis: Child pornography buyers flocking to bitcoin
The blockchain intelligence firm reported a “concerning trend” for the crypto industry—warning signs suggest the amount of bitcoin used to buy child abuse material is growing
Crypto analytics may be helping to uncover child abuse material sites, but trends “definitely suggest” that the value of virtual currencies sent to exploitation sites will continue to grow in 2020 as child porn buyers flock to bitcoin, according to blockchain intelligence firm Chainalysis.
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Child porn images bring unwanted attention to blockchain technology
Bitcoin SV is not alone in having to deal with illegal materials posted permanently on a digital ledger
The downside of blockchain’s immutable record came into focus this week, when an as-yet-unknown user was discovered to have uploaded child pornography directly onto Bitcoin Satoshi Vision (BSV).
