Crypto Fraud Reports in South Korea Surged Over 41% in 2020, Says Financial Watchdog
Apr21

Crypto Fraud Reports in South Korea Surged Over 41% in 2020, Says Financial Watchdog

Although bitcoin prices plummeted over the weekend, the overall bull-run remains alive, as well as the crypto-related fraud cases in South Korea. The latest figures by the domestic financial watchdog show that such incidents are still on the rise. Police to Dedicate a Special Unit to Investigate Crypto Frauds According to Asia Kyungjae, the Financial Supervisory Service (FSS) revealed that crypto fraud reports skyrocketed by over...

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Nigeria Money Printing Controvesy: CBN Governor’s Remarks Attacked, Government Denies It Financed Deficit via Money Printing
Apr21

Nigeria Money Printing Controvesy: CBN Governor’s Remarks Attacked, Government Denies It Financed Deficit via Money Printing

The fallout sparked by reports that the Central Bank of Nigeria (CBN) printed over $150 million for states’ funding continued a few days after the allegations were initially made. In the latest twist, the opposition People’s Democratic Party (PDP) vice-chairman Dan Orbih said the CBN governor Godwin Emefiele’s response to the allegations is “politically motivated.” Money Printing Unsustainable In his riposte, Orbih is quoted by a...

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2 Cents per Kilowatt Hour: Bitfarms to Launch a 210 MW Bitcoin Mining Operation in Argentina
Apr21

2 Cents per Kilowatt Hour: Bitfarms to Launch a 210 MW Bitcoin Mining Operation in Argentina

The Canadian publicly traded bitcoin mining company Bitfarms has announced a deal that will see the company developing a 210 megawatt (MW) mining farm in Argentina. Bitfarms says that the company was able to secure a low electricity rate at $0.02 per kWh during the contractual period. Argentine-Based Bitcoin Mining Facility Aims to Acquire 210 MW of Power The company Bitfarms (TSXV:BITF, OTC:BFARF) has announced the firm is expanding...

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YouTube Class Action: Plaintiff Can’t Identify Piracy Without Access to Content ID

Maria Schneider’s class action lawsuit against YouTube has taken another unusual turn. The complaint alleges massive infringement but thus far identifies no infringing videos. YouTube wants to know exactly what it’s dealing with but Schneider says that since she has no access to Content ID – a big part of why the complaint was originally filed – she can’t easily provide that information. From: TF, for the...

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DMCA Shortcut Helps Movie Companies Cheaply Identify ‘Potential’ BitTorrent Pirates

Several movie companies have obtained a DMCA subpoena to identify 25 account holders whose IP-addresses were caught sharing pirated content. This is an effective shortcut without any oversight from a federal judge. It significantly reduces costs and legal hurdles to go after alleged pirates. However, this procedure is not undisputed. From: TF, for the latest news on copyright battles, piracy and more. Powered by...

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