Kenyan Farmers Pivot to Cryptocurrency as Popularity of Community Currencies Grows
The growth and popularity of community inclusion cryptocurrencies in Kenya continues to soar with the country’s rural farmers being the latest group to embrace the financial technology. As one report reveals, some farmers in Kenya’s countryside are now accepting cryptocurrency as payment while others are using the same to buy important supplies. Use of Sarafu Cryptocurrency Helps Farmers Save Money According to a report from media...
IMF Warns Against Adopting Crypto Assets Like Bitcoin as Legal Tender
The International Monetary Fund (IMF) has warned against adopting cryptocurrencies, like bitcoin, as legal tender. Noting numerous risks and costs involved, the IMF does not see crypto assets catching on as a national currency. IMF Warns of Risks in Adopting Cryptocurrencies as National Currency The International Monetary Fund (IMF) published a blog post on Monday discussing the topic of cryptocurrencies as legal tender. The post...
Bungie & Ubisoft Sue Destiny 2 Cheatmakers Ring-1 For Copyright Infringement
Rather than test their skills on a level playing field, some gamers prefer to deploy third-party cheating software to gain a competitive advantage. This is particularly prevalent in multiplayer games where being able to shoot through walls, automatically aim, run at advantageous speeds and retain ammo supplies naturally provides a competitive advantage. While this may be good fun for those who dislike rules and don’t mind hollow...
YouTube Rippers Refuse to Log Data and Back Out of U.S. Piracy Lawsuit
Three years ago a group of prominent music companies took two of the largest YouTube rippers to court. The labels, including Universal, Warner Bros, and Sony, accused FLVTO.biz, 2conv.com and their Russian operator Tofig Kurbanov of facilitating copyright infringement. While many foreign site operators choose not to fight back, Kurbanov did. With help from a seasoned legal team, he filed a motion to dismiss, arguing that US courts...
Upload Filters: 23 EU Member States Face Legal Action Over Copyright Law Delays
Back in 2016, the European Commission announced plans to amend EU copyright law to better meet emerging challenges on the Internet. One of the most controversial elements of the new Copyright Directive was Article 13 (now Article 17). This would require many online services such as YouTube to either legally license content from copyright holders or put filtering mechanisms in place to ensure disputed content is taken down not...
