Wormhole Adds Binance Smart Chain Support to Network Bridge
During the first week of September, the Wormhole Network’s ethereum solana bridge was introduced to the Solana community and the following week, developers released a bi-directional connection for blockchain non-fungible token (NFT) collectibles. On Monday, the Wormhole dev team revealed it has added Binance Smart Chain support to the token and NFT bridge platform. Wormhole Now Connects Solana to Binance Smart Chain The crypto asset...
JPMorgan Boss Jamie Dimon Says Bitcoin Is Worthless, Questions BTC’s Limited Supply
The CEO of global investment bank JPMorgan, Jamie Dimon, says bitcoin is “worthless,” questioning whether the supply of bitcoin is actually limited. He also noted that blockchain and stablecoins can be real, emphasizing that governments are going to regulate the industry. Bitcoin Is Worthless and Supply May Not Be Capped, JPMorgan CEO Jamie Dimon Suggested JPMorgan CEO Jamie Dimon reiterated his anti-bitcoin stance Monday at the 2021...
Bank of England: Crypto Assets Pose ‘Limited’ Risks to Stability of UK Financial System
The Bank of England says that crypto assets pose “limited” direct risks to the stability of the country’s financial system. “Cryptoasset and associated markets and services continue to grow and to develop rapidly. Such assets are becoming increasingly integrated into the financial system,” the U.K.’s central bank described. Crypto Poses Limited Risks to UK’s Financial Stability The Bank of England’s Financial Policy Committee (FPC)...
Don’t Believe Nitro IPTV ‘Lies’, We Need Access to Their Millions, Hollywood Says
In April 2020, members of the Alliance for Creativity and Entertainment including Columbia, Amazon, Disney, Paramount, Warner, and Universal filed a lawsuit in the US against the operators of Nitro TV. Together they alleged that the pirate platform, led by Alejandro “Alex” Galindo, engaged in “massive and blatant infringement” of their copyrighted works including hit TV show The Office and movies such as Joker. A May 2020 injunction...
VPN Service ‘Agrees’ to Block BitTorrent and Keep Logs to Settle Piracy Lawsuit (Updated)
A group of movie production outfits, including affiliates of the film studios Millennium Media and Voltage Pictures, filed a lawsuit against VPN.ht in March. The companies accused the VPN provider of promoting the piracy app Popcorn Time to its users, noting that a VPN.ht IP-address was repeatedly used to share pirated films. After filing the original complaint, the copyright holders increased the pressure. They obtained a temporary...
