Judge Dismisses Lawsuit Against Binance for Allegedly Selling Unregistered Crypto Securities
A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit. Binance’s Lawsuit Dismissed U.S. District Judge Andrew Carter dismissed a lawsuit against cryptocurrency exchange Binance Thursday. The motion to dismiss was filed by Binance and CEO Changpeng Zhao (CZ). The lawsuit (case no. 20-02803) was originally...
JPMorgan Sees Limited Upside for Crypto Markets
JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the bank’s analyst explained that stablecoins’ share of the total crypto market cap “no longer looks excessive.” JPMorgan’s Crypto Outlook Global investment bank JPMorgan reportedly warned about cryptocurrency markets having...
RChain: 3 Lessons Web 3.0 Can’t Afford to Ignore
There’s a tendency in the tech world to toss out old tech and go all-in on a new replacement. “Oh, don’t use that. That’s the old thing! Use the new thing instead.” This advice is best suited to those who adapt quickly to technological change—in other words: a small percentage of humanity. Jumping quickly to ‘the new thing’ may come with harmful second or third-order consequences for most people; this is especially true for...
Pirate IPTV: Police Organized Crime Unit Arrests Three Men in UK
Individuals and business entities involved in the sale of pirate IPTV services in the UK can often turn a significant profit from customers looking for a cheap entertainment fix. The secret to longevity, aside from maintaining a reliable service at a reasonable price, is to avoid the negative attention of rightsholders, broadcasters and anti-piracy groups. While many succeed, all risk being referred to the police for criminal...
‘Copyright Troll’ Accuses Defense of Extortion and Unjust Enrichment
Adult entertainment outfit Malibu Media has often been described as a copyright-trolling operation. The Los Angeles company, known for its popular “X-Art” brand, has gone after thousands of alleged file-sharers in U.S. courts, collecting millions of dollars in settlements. Not too long ago Malibu was one of the most active anti-piracy litigants in the U.S., but in recent years this activity ground to a halt. However, there is at least...
