Bitcoin Reportedly Hindering El Salvador’s Credit Opportunities With the IMF
Bitcoin and its adoption by the government of El Salvador have become a negative factor in the country’s negotiations with the IMF. According to reports, the institution demands changes to El Salvador’s Bitcoin law to receive a $1.4 billion credit line for expediting public debt payments and other obligations. El Salvador’s Bitcoin Allegiance Is Getting […] Powered by...
Celo Adds Tether’s USDT as Gas Currency
Celo, a low-fee, usability-focused blockchain, has approved using Tether’s USDT, a dollar-pegged stablecoin, to pay transaction fees. The passed governance proposal stated this functionality would simplify the transaction experience for users, who only need to hold the USDT stablecoin in their wallets to move value using Celo’s network. Celo Passes Governance Proposal Enabling USDT as […] Powered by...
Peter Schiff Warns High Inflation Returning — Accuses JPMorgan CEO Jamie Dimon of Sugarcoating the Problem
Economist and gold bug Peter Schiff has warned that high inflation will return with a vengeance and significant Fed rate hikes will be necessary. He also criticized JPMorgan CEO Jamie Dimon for downplaying the severity of the U.S. economic situation. However, he conceded that Dimon’s perspective is “a lot closer to being right than most […] Powered by...
Rightsholders Seek Broad and Flexible Sports Piracy Blockades in Canada
Three years ago, Canada’s Federal Court of Appeal upheld the first pirate site-blocking order in the country. The landmark decision opened the door to additional and more advanced blocking requests. Indeed, it didn’t take long before NHL broadcasters asked the court for a pirate streaming blocking order of their own. This NHL blocking action was followed by a FIFA World Cup blocking order, which was also granted without further...
’10K Pirate Sites Blocked in 60 Days’: Piracy Shield Triggers Kool-Aid Crisis
Since its official launch at the start of February 1, 2024, much has been said and written about Italy’s ‘Piracy Shield’ IPTV blocking system. Yet, by volume, telecoms regulator AGCOM and key beneficiary Serie A, Italy’s top-tier football league, haven’t said very much at all. In separate articles published in Italian media last weekend, a reason for the lack of participation is made clear; few articles published online offer credible...
