Saxo Bank Founder Lars Christensen Is Waiting for a Cryptocurrency Panic Sell-Off
Dec20

Saxo Bank Founder Lars Christensen Is Waiting for a Cryptocurrency Panic Sell-Off

Danish Saxo Bank founder Lars Seier Christensen made millions trading BTC, but as the CEO of a bank, he had a hard time persuading his staff to offer crypto services. Now he’s waiting on the sidelines for another panic sell-off before re-entering crypto trading.  Also read: Saxo Bank Offers Bitcoin Exchange Traded Notes ‘Our Current System Is Deeply Inefficient’ 55-year-old Danish banker Christensen, also...

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Openswap Makes In-Wallet BCH and BTC Atomic Swaps Possible
Dec20

Openswap Makes In-Wallet BCH and BTC Atomic Swaps Possible

Bitcoin Cash (BCH) developer Mark Lundeberg has revealed his new project, a fork of the Electron Cash wallet that performs trustless atomic swaps between BCH and BTC. On Dec. 18, Lundeberg officially launched the first iteration of his Openswap platform with a video tutorial on how to trade between two different cryptocurrencies. Also read: Only Sharks Will Feed on the Crypto Market’s Elusive Price Bottom Openswap Version...

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Kim Dotcom Extradition Case Headed to the Supreme Court
Dec20

Kim Dotcom Extradition Case Headed to the Supreme Court

Following the shutdown of Megaupload in 2012 and the simultaneous raids on founder Kim Dotcom and his colleagues in New Zealand, the US Government has tried to extradite the tech entrepreneurs. They believe that the former Megaupload quartet should be handed over to face charges of copyright infringement, racketeering and money laundering. The effort has been contested every step of the way. In July, after the case had traveled...

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Judge Recommends Dropping ISP Grande’s DMCA Safe Harbor Defense
Dec20

Judge Recommends Dropping ISP Grande’s DMCA Safe Harbor Defense

Last year several major record labels, represented by the RIAA, filed a lawsuit against ISP Grande Communications accusing it of turning a blind eye to pirating subscribers. According to the RIAA, the Internet provider knew that some of its subscribers were frequently distributing copyrighted material, but failed to take any meaningful action in response. Grande refuted the accusations and filed a motion to dismiss the case. The ISP...

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Netflix Quick to File Complaint With New Thai Anti-Piracy Agency
Dec20

Netflix Quick to File Complaint With New Thai Anti-Piracy Agency

Compared to many other companies in the video industry, Netflix traditionally had a fairly pragmatic approach to the piracy phenomenon. Now, however, with billions of dollars being spent creating its own content, the company is a major player in the Alliance for Creativity and Entertainment (ACE), a global anti-piracy coalition with considerable influence. According to a March 2018 report, by 2020 the company will have more than...

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