Peter Schiff’s Bitcoin Hack Comment Invites Ridicule
Euro Pacific Capital CEO, Peter Schiff’s comment suggesting Bitcoin might be the next target following a hack of multiple VIP Twitter accounts has been ridiculed by bitcoiners. Seemingly relishing the prospect of a bitcoin hack, Schiff a gold bug and a well-known bitcoin critic, signs off his Twitter post by urging his followers to stick with gold. The criticism from Schiff took place after a number of popular Twitter accounts...
Bitcoin Investor Sues IRS for Unlawful Seizure of Financial Records at 3 Crypto Exchanges
Bitcoin investor Jim Harper has sued the U.S. Internal Revenue Service (IRS), its commissioner, and a number of federal agents. He alleged that they unlawfully seized his private financial information from three cryptocurrency exchanges. Bitcoin Investor vs. IRS Bitcoin investor Jim Harper has filed a lawsuit against IRS Commissioner Charles P. Rettig, the IRS, and “John Doe IRS Agents 1-10.” The latter refers to...
Market Outlook: Crypto Economy Sheds $10B Overnight, Exchange Inflow and Sell Pressure Rises
The overall market capitalization of all 5,700+ cryptocurrencies in existence lost around $10 billion during the overnight trading sessions. Most crypto assets have lost 2-5% in value during the last 12 hours, and a number of speculators blame the recent Twitter hack. The price of bitcoin (BTC) and a number of other digital assets worldwide slumped in value, a few hours after the massive Twitter breach that took place on Wednesday....
YouTube & Uploaded Not Liable For Pirate Uploads Advises EU Advocate General
After millions of Internet users became content uploaders over the past two decades, copyright holders faced a new and growing problem with online infringement. On top of legitimately uploaded content, platforms such as YouTube became hosts to millions of infringing uploads, with rightsholders having to devote considerable resources to have them taken down. As a result, some rightsholders have taken legal action against the platforms...
Netflix Blockade Boosted Piracy Searches, Research Finds
There is little doubt that, for many people, Netflix has become a prime source of entertainment. As a result, some people cut down on their piracy habits. At the same time, however, Netflix titles are frequently pirated as well. Measuring the true impact of Netflix on local piracy rates is not easy. There is plenty of anecdotal evidence but this is often far from definite. With a new academic study, a group of researchers provide more...
