Chinese Exchange: FX Controls Impact Will Be Limited

China has stepped up yet another round of capital controls. How will it impact the business of local Bitcoin exchanges and the overall Bitcoin market?

from CoinTelegraph.Com News

Hospital Radiographer Sentenced For Huge Child Porn Collection

Christopher Daldorph (45), a hospital radiographer from Weston-super-Mare, has been sentenced to 2 years and 4 months by Bristol Crown Court for the possession of a huge child porn collection. According to the law enforcement authorities, 141,539 child porn images and videos were found on the man’s computer, but officials believe that his full collection had more than a million images and videos. Police are currently crawling through the man’s computer trying to find more child pornography material.

Daldorph spent 14 years of his life collecting the child porn images and videos from different dark web sites. The man was arrested in April after law enforcement authorities searched his home and found a number of devices containing images of children as young as two. According to the police, one of the hard drives, which Daldorph had previously encrypted, was found to contain 1.8 terabytes of footage data, the equivalent of around 3,000 full-length feature films.

According to the NCA, this is the biggest child porn bust in history. The material the law enforcement authorities have collected from Daldorph contained thousands of Category A abuse images and videos, which is said to be the most extreme kind of all. After the man admitted his crimes and officers searched his house, police have found several laptops, hard drives and USB’s containing illicit child porn images and videos. The man assisted the police and provided passwords to all his devices.

Geoffrey Mercer QC, after sentencing the man to 2 years and 4 four months of prison time, made this statement:

“For over 14 years as you admit, you have regularly set time aside to scour the darkest corners of the web to find some of the more disturbing representations of child abuse available. This is – in my judgement – an extreme case of downloading indecent photographs of children. It’s an extreme case because of the volume of the material which you downloaded over a substantial time and it’s an extreme case by reference of nature of the material which is found and described and documented before me. Your obsession with it causes the court great concern. What you did, as I hope you understand, encourages and supports the quite terrible abuse of children.”

According to Robert Duval, defending Daldorph, the man suffered from asthma as a child and was bullied by his schoolmates, that’s why he developed this kind of “obsession” of his. Duval also said that his defendant also had “limited sexual experiences of his own” and he did not meet his wife (who was present in court) until his age of 27. The court also heard that Daldorph there’s no evidence that the man was engaged in any kinds of children offending.

The former hospital radiographer pleaded guilty to nine child porn related charges and one count of possessing extreme pornography.

Christian Hall, NCA investigator leading the case against Daldorph, made this statement:

“Daldorph was responsible for amassing hundreds of thousands of indecent images, some of them the most extreme possible involving very young children. Each of those involved a child being abused in some of the worst ways imaginable. While we have no evidence to show he committed any contact offences himself, what he has done has perpetuated demand for products that can only be produced through the abuse of children.”

The post Hospital Radiographer Sentenced For Huge Child Porn Collection appeared first on Deep Dot Web.

from Deep Dot Web

WanXiang Blockchain Labs and Deloitte Partner on Shanghai Blockchain Hackathon

In an effort to foster further development of blockchain technology, WanXiang Blockchain Labs, a Chinese research institution, and Deloitte, one of the largest accounting and audit firms in the world, have teamed up to launch the first ever Shanghai blockchain hackathon beginning on January 8th.

“Our focus on how technology and going digital are changing the ways we live is globally orchestrated. Deloitte people from the different countries around the world [have] formed a specialized team ‘Deloitte digital’ to understand the impact how digitizations [sic] is changing every industry and ecosystems for each industry, so that we as a firm can help ourselves and our clients to adapt to this environment,” Yi Qing of Deloitte said in an interview with Bitcoin Magazine.

The hackathon, sponsored by FBS Capital with technical support provided by the Ethereum team, is open to anyone that is interested in blockchain technology. According to event’s website, the organizers hope to attract a diverse crowd, “whether you are blockchain experts, technology geeks, designers, or non-technical curious people.”

“The focus is on blockchain as a whole,” said Bo Shen, co-founder of Blockchain Labs, in an interview with Bitcoin Magazine. “Ethereum is one of the supports, but any tech is encouraged.”

The first day of the event will be focused on breaking up the participants into small teams and brainstorming ideas for the teams to build during the competition. All day Saturday will be spent hacking and on Sunday, teams will present their prototypes to the event organizers and a room of investors.

Shen explained that he is a co-founder of an investment fund with partners Vitalik Buterin and Feng Xiao. The fund is dedicated to investing in startups and applications using blockchain technology.

Along with the opportunity to pitch to investors, the organizers are also giving away $100,000 in prizes to the winners. The first place team gets $30,000, second place gets $20,000, and the third place team gets $10,000. In addition, there are three special prizes of $10,000 and a FBS Capital Special Prize of $10,000.

“The Chinese market is not to be missed. And we wish to set a global level playing field here,” said Qing. She explained that Deloitte’s goals are to “educate the market from concept to practical applications; setting up a platform for Blockchain developers cross borders to share coding experiences and ideas; engage engineers and corporate participants to explore Blockchain applications for various industries in real business world.”

To learn more about the event or register, visit

Jacob Donnelly is a full-time product manager and freelance journalist covering stocks, business and bitcoin. He runs a weekly digital currency and blockchain newsletter calledCrypto Brief.

The post WanXiang Blockchain Labs and Deloitte Partner on Shanghai Blockchain Hackathon appeared first on Bitcoin Magazine.

from Bitcoin Magazine

Alphabay Under Attack, Alternate Links are Working Fine

As said by an official support account for Alphabay market:

Alphabay Under Attack, alternate links are working fine – We are mitigating another DDoS attack. Will be resolved as usual. Please use the alternate links if the main link has issues.

Alternative access links to Alphabay market are available here  & here.

The post Alphabay Under Attack, Alternate Links are Working Fine appeared first on Deep Dot Web.

from Deep Dot Web