The Reported Number of Stolen BTC Drops by 92% as ‘Bitcoin Security Appears to Be Improving’
The number of stolen bitcoins that were publicly reported in 2020 dropped to 4,472 coins or 0.02% of the digital asset’s circulating supply. This new figure represents a 92% drop from the 56,870 reported in 2019. When using current bitcoin prices, the 2020 thefts caused losses that are equivalent to $140 million versus the 2019 equivalent of $1.78 billion. According to data that was shared by Jameson Lopp, the CTO at Casa, this marked...
Kyrgyzstan Central Bank Is Set to Introduce Bills to Monitor Crypto Exchanges Activities and Forcing Them to Apply for Permits
The National Bank of the Kyrgyz Republic (NBKR) revealed its new-year plans for the national crypto industry. They are about to introduce two drafts to regulate the country’s exchanges that aim to combat terrorism, money laundering, and protecting consumers. Kyrgyzstan Central Bank Set to Introduce Two Crypto Bills to Combat Terrorism Financing and Fraud According to Sputnik Kyrgyzstan, the central bank’s bills hope to add a series of...
Onboarding Institutional Crypto Investors- Coinbase Helps Execute ‘One of the Largest Digital Asset Trades in History’
Over the last year, institutional investors have been flocking toward crypto assets like bitcoin and after Microstrategy’s initial bitcoin purchase, the trending institutional demand for crypto started swelling. On Tuesday, the San Francisco trading platform Coinbase published a study that details how the company helped the firm One River Asset Management make “one of the largest digital asset trades in history.” Not too long ago,...
Nintendo Mass DMCA Takedown Removes Hundreds of Fangames from Game Jolt
As one of the most iconic gaming manufacturers in the world, Nintendo has been fighting piracy for decades. The company has an in-house anti-piracy division that signals the latest threats to steer enforcement actions in the right direction. In recent years it’s gone after sites and stores that offer pirated games and has assisted in the criminal prosecution against alleged members of the hacking group Team-Xecutuer. However, the...
Sci-Hub: Scientists, Academics, Teachers & Students Protest Blocking Lawsuit
Following in the footsteps of the entertainment industries, publishers are increasingly trying to have pirate sites shut down or blocked to prevent the unlicensed spread of academic and scientific papers. Their main targets are Sci-Hub (‘The Pirate Bay of Science’) and Libgen (Library Genesis), platforms with a key aim of distributing such papers freely to the masses for the purposes of spreading knowledge. Of course, this runs...
