Bitcoin’s Market Cap Is More Valuable Than the IMF’s Special Drawing Rights Reserves
At its current price per unit, the decentralized cryptocurrency Bitcoin’s market valuation has surpassed the overall value of the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $281 billion). Since the massive global market rout on March 12, bitcoin has risen over 323% since the crypto asset’s $3,600 low in 2020. The price of bitcoin has increased a great deal in 2020. Especially after the global market crash...
US Seizes Previously Undetected Silk Road Bitcoins Worth Over $1 Billion
The U.S. government has seized over $1 billion in bitcoin from previously undetected transactions associated with the Silk Road marketplace and is now seeking the forfeiture of the cryptocurrency. US Confiscates $1 Billion in Bitcoin From Silk Road The U.S. government has filed a lawsuit seeking the forfeiture of bitcoin currently worth over $1 billion that it seized on Tuesday, according to the court document. The Department of...
Megaupload: Police Prepare to Seize Assets of Co-Founder Mathias Ortmann
Earlier this week attention turned to New Zealand’s Supreme Court as a panel of judges prepared to publish their decision in the extradition case of Kim Dotcom and several of his former Megaupload colleagues. In their ruling, a panel of judges at the Supreme Court confirmed that Dotcom and former Megaupload colleagues Mathias Ortmann, Bram van der Kolk, and Finn Batato, can technically be extradited to the United States to face...
Major Torrent Site EZTV Has Domain Suspended By Registry
Over more than a decade, EZTV established itself as one of the most respected torrent sites on the Internet. But five years ago, unwelcome change hit the platform. In 2015, former EZTV operator NovaKing was ousted from the platform after an apparent hostile takeover of the TV-focused torrent site. Interestingly, this development began when the original EZTV had domain troubles, something now being faced by its new owners. EZTV.io...
Netflix Targets Critical ‘Cuties’ Tweets With Copyright Takedown Requests
Every week, Netflix sends out thousands of takedown requests, most of which target pirated copies of its movies and TV-shows. Yesterday, however, we spotted a series of copyright infringement notices with a different and rather uncomfortable theme. The streaming giant asked Twitter to remove dozens of tweets that included footage from the French coming-of-age film Cuties. This film hasn’t been without controversy and the same can be...
