Fox News Report Highlights Bitcoin Cash Proponent’s Modern Day Scavenger Hunt
The anonymous Bitcoin Cash proponent called, ‘Bitcoin Man,’ has made the news once again, this time in Fresno California. Bitcoin Man was featured on a local Fox News report on December 11 for creating a “modern-day scavenger hunt” with bitcoin cash-loaded stickers hidden throughout the state. Back in September, news.Bitcoin.com reported on an anonymous individual that distributed 100 pre-loaded bitcoin cash (BCH) stickers in...
Mastercard Severs Ties With Pornhub — Is Mainstream Crypto Adoption Coming for the Porn Industry?
Global payment companies Mastercard announced on December 10, 2020, its official decision to ban their customers from using credit and debit cards to arrange purchases on one of the biggest adult websites. Visa has taken the same measure on a temporary basis. Mastercard Cuts Ties With Pornhub Following Accusations According to a statement sent through Bloomberg, Mastercard said that after investigating Pornhub “over the past several...
Restaurant Chain That Converted Cash Reserves Into Bitcoin Says Gold’s Safe Haven Days Are Numbered
A great number of companies have been converting cash reserves into bitcoin during the last few months. At the end of August, the Mediterranean restaurant chain Tahini’s announced the Canadian company converted all of their cash reserves into bitcoin. On Friday, Tahini’s tweeted about the recent crypto reserve conversion, as the team recalled telling the firm’s financial advisor that the precious metal gold and it’s years of being a...
Movie Pirate Has US$15m in Crypto Seized By New Zealand Authorities
Back in 2016, police in New Zealand received information from the Internal Revenue Service in the United States that a movie piracy website was being operated by a local man. According to the IRS, the man and his associates were using online international money transfer services to send remittances between the USA, Canada, New Zealand and Vietnam. What followed was a three-year investigation and a raid on the man in 2019. Police Raid...
New U.S. Streaming Piracy Bill Focuses on Commercial Services
Under U.S. law, streaming and file-sharing are seen as two different offenses. Not just from a technical point of view, but also in the way they are punished. Streaming is categorized as a public performance instead of distribution, which can only be charged as a misdemeanor, not a felony. Lawmakers tried to change this with the Commercial Felony Streaming Act in 2011, and later with the SOPA and PIPA bills. These bills were shelved...
