Statera – a Global Deflationary Asset
PRESS RELEASE. Since its inception, Statera has had a singular goal: “to put cryptocurrency into every portfolio”. Statera is a first-of-its-kind asset that offers a unique exposure for any user: an immutable, global, decentralised and deflationary asset. On top of this, Statera threads through multiple liquidity pools, allowing users to easily and instantly diversify into digital assets. This also created a first of its kind: the...
Study: 60% of Digital Asset Holders Store Funds on Exchanges While Half Derive an Income From Crypto
Despite the risks that come with storing crypto assets with third parties, the findings of a new study suggest many cryptocurrency holders still trust exchanges with the safekeeping of their funds. Conducted by Binance Research, the study finds that 60% of “the general population store their cryptocurrencies on an exchange.” In contrast, 26% of the respondents use cold wallets and only 11% are using hot wallets. Security of Funds...
US Court Sentences ICO Fraudster to 6 Months in Jail: Orders the Accused to Pay Over $4 Million in Restitution
A U.S. court has sentenced Jerry Ji Guo, a resident of San Francisco, to an effective six months in prison for his role in a fraudulent initial coin offering (ICO). In addition to the prison term, the court ordered Guo to pay over $4 million in restitution. Further, Guo will also cooperate with the government in the identification and return of the stolen property. Embezzlement of Client Funds In a statement, the United States...
‘Pirate’ Releases Recover From Historic Drop Caused By Scene Busts
Last year, the US Department of Justice booked one of its biggest successes in its battle against online piracy. In August 2020, law enforcement upset the international piracy ecosystem by targeting several high-profile Scene members, which were the source for many pirated movies and TV-shows. The criminal investigation focused on the SPARKS release group of which three alleged members were indicted. However, the crackdown, which...
Russia Anti-Piracy Agreement Renews, Moves Towards Expansion
Pirated content appearing online has been a thorn in the side of copyright holders for more than two decades and there are regular cries for Internet platforms to do more to help. Companies like Google and Bing say they do what they can by removing infringing links from their search indexes on request, with actual content deleted from video platforms including YouTube on the same basis under the DMCA. In Russia, there is a different...
