South African Court Grants Order to Liquidate Mirror Trading International After Investors Fail to Withdraw Their BTC
A South African High Court recently granted a provisional liquidation order against Mirror Trading International (MTI) following an application for relief by two investors who failed to withdraw their bitcoin. According to a statement released by lawyers of one of the aggrieved investors, this provisional order paves the way for the appointment of a liquidator to take control of MTI’s assets and liabilities. Provisional Order The...
Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only
The prominent darknet marketplace, White House Market, has dropped bitcoin payments and now accepts monero only. The darknet marketplace administrators detailed that there was an issue with a payment processor blocking Tor exit nodes, but the full transition to monero was always planned. A number of crypto proponents have reported on the darknet marketplace, White House dropping bitcoin (BTC) payments in order to exclusively support...
Chinese Miners Migrate to Nordic Regions, Mining Exec Says Hashrate Migration One of the ‘Biggest Developments’
China has the largest concentration of bitcoin miners worldwide with estimates noting the country captures anywhere between 50-65% of the global hashrate. Xinjiang, the autonomous region of the People’s Republic of China, ostensibly accommodates 35% of the hashrate. This week a regional report from China and statements from the head of operations at Genesis Mining, indicate that Chinese miners are migrating from the area to Nordic...
Vaneck Files New Bitcoin ETF Proposal With SEC Under New Administration
After successfully launched a bitcoin exchange-traded product in Europe, Vaneck has now filed a new proposal for a bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Under former chairman Jay Clayton, the SEC never approved a bitcoin ETF. However, Clayton has resigned from his post and changes may be coming from the incoming Biden administration. First Bitcoin ETF Filing After Clayton’s...
Could Trump’s Twitter Account Be ‘DMCA-Banned’? Not Long To Find Out
Every year billions of citizens help to develop the Internet by adding their own content, whether that’s substantial works such as videos, music or articles, or smaller but nevertheless important comments or snippets of information. Inevitably, however, some of these postings can infringe other people’s copyrights, resulting in rightsholders and anti-piracy companies issuing DMCA takedown notices to have them removed. The sting in the...
