‘Landmark’ Crypto Law Proposed in New York to Establish ‘Strongest and Most Comprehensive’ Crypto Regulations in US
New York State Attorney General Letitia James has proposed “landmark” crypto legislation that claims to be “the strongest and most comprehensive set of regulations on cryptocurrency” in the United States. “Rampant fraud and dysfunction have become the hallmarks of cryptocurrency and it is time to bring law and order to the multi-billion-dollar industry,” said Attorney General James. NYAG Letitia James Launches ‘Landmark’ Crypto...
Nigerian Payments Provider Nomba Secures $30 Million in Pre-Series B Funding Round
The Nigerian payments startup, Nomba, is reported to have raised $30 million via a pre-Series B that was led by Base10 Partners. The new solution is expected to help the startup operate more efficiently and deliver “excellent customer experiences.” Plugging Gaps in Payment Processes Nomba, a Nigerian payments startup, has raised a US$30 million pre-Series B funding round. According to a Disrupt Africa report, the startup’s...
Louisiana Senator Compares Modern Banks to ‘Sophisticated Ponzi Schemes’
Louisiana Republican senator John Kennedy recently stated in an interview published on Wednesday that the U.S. Federal Reserve may need to increase the federal funds rate to 8-10% to address the country’s inflationary pressures. Kennedy’s remarks come after he criticized the Biden administration in mid-March for bailing out Silicon Valley Bank and Signature Bank, emphasizing that the decision to make all depositors whole “was a bail...
La Liga Asked GitHub to Shut Down Football Streaming App ‘Nodito’
With millions of fans all over the world, Spanish football league ‘La Liga’ is one of the most popular in the game. In common with similar sports organizations, La Liga has a dedicated anti-piracy team that actively tracks and reports unauthorized live streams. This sounds like a straightforward task but, in reality, it often turns into a perpetual stream of takedown notices. After all, the operators of piracy sites and apps have no...
IPTV Piracy Lawsuit Against Datacamp Close to Settlement For Second Time
Hosting companies, CDN platforms and consumer ISPs face an increasing risk of being held liable for the activities of their customers. At least in theory, copyright law in both the United States and Europe should provide adequate protections for intermediaries but if a chink appears in the armor, nothing can stop rightsholders filing a lawsuit. When they do, things can get very expensive, very quickly. According to its website,...
