India’s Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims
An Indian central bank official claims that if there is anything cryptocurrencies like bitcoin and ether can do, the Reserve Bank of India (RBI) should be able to create a product that will do the same job without the associated risks. “This is essentially what we are doing in the CBDC experiments,” he stressed. RBI Official on Cryptocurrency vs Digital Rupee Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar talked about...
Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year
Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidity squeezes and investor withdrawals.” Standard Chartered Bank’s $5K Bitcoin Scenario Standard Chartered Bank published a note titled “The financial-market surprises of 2023” Sunday. The note outlines a number of possible scenarios that...
This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume
On Monday, Dec. 5, 2022, market data shows that non-fungible token (NFT) sales dropped 5.23% lower than last week’s sales despite a 15.16% increase in NFT buyers. Out of the $112.70 million in NFT sales volume over the last week, Ethereum-based NFTs accounted for $86.59 million or 76.8% of the $112 million in sales volume. Seven-Day NFT Sales Dropped 5.23% Lower Than Last Week, Cryptopunk #4,181 Sells for $187K in This Week’s Top NFT...
ACE Anti-Piracy Expansion in Europe is More Than Just Another New Member
From a standing start in 2017, the Alliance for Creativity and Entertainment is now the largest and most successful anti-piracy coalition on the planet. ACE now reports on developments every few days, but that barely scratches the surface. Official announcements represent just a fraction of its work and behind the scenes, an endless stream of sites, services, and related entities are shutting down under ACE pressure every week....
Filmmakers Want to Link ISP Subscriber Data to ‘Pirating’ YTS and Reddit Users
WOW! is being sued by a group of smaller movie companies, including Millennium Media and Voltage Pictures. The filmmakers accuse the ISP of failing to terminate the accounts of subscribers who were repeatedly flagged for sharing copyrighted material. They want to hold WOW! liable for these pirating activities, which could lead to millions of dollars in damages. The ISP challenged the claims and filed a motion to dismiss the case....
