New Bybit User? Get up to $600 in Welcome Rewards
New Bybit users can get up to $600 in welcome rewards upon completing simple tasks and hitting trading milestones after signing up. The rewards include an exclusive $50 coupon when a new user makes a first time deposit of at least 0.05 BTC or equivalent within 48 hours of joining the cryptocurrency exchange. If they miss the 48-hour mark, they will still be rewarded with a $20 coupon for making a deposit. In addition, new users who...
How Henry Ford Envisaged Bitcoin 100 Years Ago — A Unique ‘Energy Currency’ That Could ‘Stop Wars’
55 days from now will be the hundred-year anniversary of when the American industrialist and business magnate Henry Ford talked about a unique “energy currency” that could “stop wars.” The well known founder of the Ford Motor Company suggested that a currency could be backed by energy in kilowatt-hours (kWh) in a similar fashion to the way energy is leveraged to mine bitcoin. New York Tribune, December 4, 1921: ‘Ford Would Replace...
5 Countries Will Accept Bitcoin as Legal Tender by End of Next Year, Says Bitmex CEO
By the end of next year, at least five countries will have accepted bitcoin as legal tender, the CEO of cryptocurrency exchange Bitmex has predicted. He cited three key reasons why he arrived at this conclusion. “Developing countries will jump into crypto in 2022,” he said. More Countries Will Adopt Bitcoin as Legal Tender The CEO of cryptocurrency exchange Bitmex, Alex Hoeptner, has predicted that developing countries will lead the...
Megaupload Lawsuits Remain in Limbo After Nearly 10 Years Passed
Ten years ago, online streaming hadn’t fully caught on yet and Netflix still had dozens of active DVD-mailing locations throughout the United States. Streaming piracy was relatively new as well with most ‘pirates’ still downloading movies from torrent sites or cyberlockers. While cyberlockers have plenty of legal uses, copyright holders viewed most of these services as pirate portals. This included Megaupload, which was by far the...
Supreme Court Denies to Hear Prenda Lawyer’s ‘Piracy Honeypot’ Appeal
In 2019, a U.S. District Court in Minnesota sentenced Paul Hansmeier to 14 years in prison, to be followed by two years of supervised release. Hansmeier was a key player in the Prenda Law firm, which pursued cases against people who were suspected of downloading pirated porn videos via BitTorrent. Hansmeier and fellow attorney John Steele went a step further though. Among other things they lied to the courts, committed identity theft,...
