Colombian Financial Watchdog Says Local Firms Can Use Capital to Buy Bitcoin
The Superintendency of Corporations in Colombia has explained in an official note that companies in the country are legally allowed to buy cryptocurrencies, specifically bitcoin (BTC), to inject capital as long as they abide by local regulations. Colombian Watchdog: Local Firms Can Use Capital to Buy Bitcoin if Companies Demonstrate Tokens Are ‘Intangible Assets’ According to the publication, the Colombian watchdog pointed out that...
Ghanaian Startup Bitsika Africa Processed $40 Million in Crypto Remittances in 2020, up 3,900% Year-on-Year
Bitsika Africa, a crypto startup operating out of Ghana and Nigeria, said Monday that it processed almost $40 million in remittances in 2020, up from just under $1 million the previous year. Founder and chief executive officer Atsu Davoh said that deposits accounted for $18.87 million of the total volume, with payouts making up $17.89 million. Internal peer-to-peer transfers made up $3.19 million of total volume, he added. Davoh did...
UK Judge Rejects US Extradition Requests for Julian Assange, Wikileaks Holds $800K in Crypto
On Monday, a British judge rejected the U.S. request to extradite the Australian editor, publisher, and activist Julian Assange. Following the U.K. judge’s decision, the current president of Mexico, Andres Manuel Lopez Obrador, has offered Assange political asylum in the country. Meanwhile, Wikileaks has gathered hundreds of thousands of dollars in crypto-asset donations since the founders’ arrest in April 2019. US Extradition...
Nintendo Wants $15 Million in Damages from Pirate ROM Site
In September 2019, gaming giant Nintendo filed a lawsuit against the game download portal RomUniverse. The website facilitated massive online copyright infringement of many popular Nintendo titles, according to the complaint filed at a California district court Nintendo said that RomUniverse made things worse by profiting from these copyright infringements by selling paid premium accounts that allowed users to download as many games...
Pirated Screeners of Promising Young Woman, Nomadland & Minari Leak Online
All year round pirate sites are key sources for the latest movies but around Christmas time and the turn of the New Year, visitors are often treated to unexpected gems. These often appear in the form of screener copies of recent movies, often in advance of their official release. They are sent out to critics and others involved in the awards voting process and are only meant to be viewed only by this select audience. Every year,...
