Election Candidates in Russia to Disclose Crypto Investments, New Bill Suggests
A new bill obliging candidates running for election in Russia to declare their spending on digital assets has hit the floor of the State Duma. According to the draft, Russian politicians will be required to disclose details about every crypto purchase they and their families make, if the total exceeds a certain amount. Candidates to Provide Details About Their Cryptocurrency Dealings The Russian State Duma, the lower house of...
Defi Economy Lost $20 Billion This Week, Decentralized Exchange Volumes Still Sky High
While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the total-value locked (TVL) in defi touched $87 billion on May 11, and since then the aggregate total has slid to $66 billion in value. Weekly Stats Show Defi’s Total-Value Locked Metric Loses $21 Billion, TVL Drops 24% Decentralized finance...
Member of Busted Scene Piracy Group SPARKS Avoids Prison Sentence
For several decades, The Scene has been the main source of all pirated content made available on the Internet. Technically, release groups operate in a closed ecosystem, but the reality is different. The vast majority of the files published on private Scene servers eventually find their way to public pirate sites. Feds Bust SPARKS Group The secretive nature of the Scene has been a major challenge for law enforcement but last summer...
EU Parliament Votes For New Legislation to Remove Pirated Sports Streams in Real-Time
In recent years the European Commission has proposed and adopted various legislative changes to help combat online piracy. This includes the Copyright Directive which passed last year as well as the Digital Services Act, which was officially unveiled last December. These changes have been welcomed by major copyright holders but not all of them are entirely pleased. The owners of the rights to major sports events, for example, believe...
New .MUSIC Top-Level Domain Will Be Piracy Hostile, Despite Early Fears
After being released in 2003, the .MUSIC top-level domain became a hot property, with several major companies hoping to secure the rights to control what was expected to become an important tool to promote music worldwide. After fighting off the likes of Google, Amazon and domain registry Donuts, in 2019 Cyprus-based DotMusic Limited announced that its application had been accepted and ICANN would award it the rights to the domain...
