HSBC’s CEO Explains Why Crypto Is Not in the Banking Giant’s Future
Banking giant HSBC will not be offering crypto services, according to CEO Noel Quinn. Noting that HSBC is more negative on crypto than other banks, the executive stressed: “I do worry about the sustainability of the valuations of crypto.” HSBC Will Not Get Into Crypto, CEO Says The chief executive of HSBC, Noel Quinn, talked about his bank’s cryptocurrency stance in an interview with CNBC-TV18 last week. He confirmed: As a bank, we’re...
Vietnam, Philippines, India, China Among Top Countries for Crypto Adoption, Chainalysis Global Index Shows
Blockchain analytics firm Chainalysis has published its 2022 cryptocurrency adoption index. Vietnam, the Philippines, India, and China are among the countries with the highest crypto adoption. While the overall adoption slows worldwide in bear markets, it “remains above pre-bull market levels,” the firm said. Chainalysis’ Latest Cryptocurrency Adoption Index Chainalysis published an excerpt of its upcoming report titled “2022...
Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin
The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, the U.S. Office of Science and Technology Policy published a report that claims proof-of-work mining operations have been affecting climate change. The science and tech department believes the Biden administration needs to take action against the industry and create...
Pirate IPTV Subscription Seller Sentenced to Six Months in Prison
Early September, Swedish anti-piracy group Rattighetsalliansen (Rights Alliance) reported on a trial that took place at the specialist Patent and Market Court in Stockholm. A man and woman, a couple from Eskilstuna in eastern Sweden, faced accusations of running an illegal IPTV business and laundering the proceeds. The man, reportedly in his 40s, was said to have run two different IPTV services from which he generated around SEK 2.3...
Cloudflare Vows to Fight Global 1.1.1.1 DNS Blocking Orders
Website blocking has become an increasingly common anti-piracy tool around the globe. In dozens of countries, ISPs have been ordered by courts to block pirate sites. In some cases, these blocking efforts are part of voluntary agreements. Cloudflare ‘Pirate’ Blocking Orders In the United States, these types of injunctions are rare. However, since the Internet has no clear borders, the effects sometimes spill over. The American Internet...
