Novogratz: Global ‘Liquidity Pump’ Will Keep Bitcoin Rising, Price to Hit $20K This Year
Billionaire investor Michael Novogratz said global “liquidity pump” from stimulus packages will keep driving bitcoin’s price higher. He expects the price of bitcoin to reach $20,000 this year, fueled by retail investors shifting to the cryptocurrency. Mike Novogratz’s Bitcoin Prediction Galaxy Digital CEO Michael Novogratz said on Tuesday that bitcoin and gold have more room to grow and will continue to rise...
The Onecoin Debacle: Indictments Unsealed, 2 Dead in Mexico, Story Gets ‘Darker’
The Onecoin fiasco is still making headlines these days as a number of alleged money laundering companies were exposed on July 25, two Onecoin leaders were recently killed in Mexico, and the British author Jamie Bartlett revealed a new “Missing Cryptoqueen” episode is coming soon. The Bulgaria-based Ponzi scheme Onecoin is making headlines again as a number of new revelations have come to light. The twisted tale continues...
Internet Archive Tells Court its Digital Library is Protected Under Fair Use
Back in March the Internet Archive (IA) launched its National Emergency Library (NEL) Built on its existing Open Library, the NEL aimed to assist “displaced learners” with initially unlimited access to more than a million books. Already angered by the activities of the Open Library, major publishers Hachette, HarperCollins, John Wiley and Penguin Random House responded by filing a massive copyright infringement lawsuit...
Court Lifts Copyright Troll Roadblock but Puts Brakes on Piracy Settlement Bonanza
In the United States, federal courts are still swamped with lawsuits filed against alleged BitTorrent pirates. This phenomenon, often dubbed as ‘copyright trolling’, started over a decade ago and remains ongoing. The ‘trolling’ scheme can be both simple and lucrative. Rightsholders file complaints against “John Does” who are initially only known by an IP-address. They then request a subpoena to...
Disney Obtains New ‘Dynamic’ Court Order to Block 118 ‘Pirate’ Domains
Major Hollywood studios and other rightsholders consider site-blocking an effective tool to combat rampant online infringement. Opponents, on the other hands, view the tactic not only as a blunt instrument but one that can be easily circumvented. What is clear, however, is that site-blocking is more effective when it targets many sites. This helps to ensure that when one site is blocked, users don’t flood to other platforms that...
