Study: Exchanges Accepted $1.3 Billion in Bitcoin Stemming from ‘High-Risk Addresses’
A recently published report from the research and analysis firm Peckshield indicates that during the last two quarters of 2020, cryptocurrency exchanges accepted 147,000 BTC ($1.3 billion) from high-risk addresses. During the last few years, blockchain research and surveillance firms have been classifying “risk levels” to specific transactions stemming from suspicious addresses and wallets. For instance, certain bitcoin...
European Digital Bank Revolut Expands Bitcoin Trading Services to 49 US States
British digital bank Revolut said Wednesday that it will start offering its cryptocurrency trading services in the U.S. Users in 49 U.S. states, excluding Tennesee, can now buy and sell bitcoin (BTC) and ethereum (ETH) through the Revolut app, it said. They can also store their digital assets in the app and cash out instantly. However, crypto funds kept in the application cannot be transferred to an external wallet. Revolut, which...
Fidelity Digital Assets to Hold Bitcoin Private Keys for Kingdom Trust Clients
The enterprise-grade bitcoin custody and crypto management service, Fidelity Digital Assets has revealed a recent partnership with the firm Kingdom Trust. The new alliance provides individual retirees with the ability to safeguard their bitcoin private keys alongside self-directed IRAs. The crypto custodian and retirement account fund manager, Kingdom Trust has reached an “exclusive institutional agreement” with the...
YouTube Rippers Request Full Rehearing of Jurisdiction Case at Appeals Court
Record labels see YouTube rippers as the most significant piracy threat on the Internet. These sites, which can be used for a variety of purposes, are used by some to convert YouTube videos into playable music files. Labels Sue YouTube Rippers Two years ago a group of prominent music companies took the operator of two of the largest YouTube rippers to court. The labels, including Universal, Warner Bros, and Sony, accused FLVTO.biz and...
The Pirate Bay: OVPN Wins First Stage of Information Injunction Battle
Movie companies Svensk Filmindustri and Nordisk Film are on a mission to find out more about the operators and location of The Pirate Bay. After obtaining an injunction against Swedish ISP Obenetwork, it later transpired that an IP address used by The Pirate Bay was actually owned by VPN provider OVPN. After the first injunction was thrown out, the companies and anti-piracy partner Rights Alliance filed for another, this time...
