RBI Report Highlights India’s Central Bank Digital Currency Development
India’s central bank, the Reserve Bank of India (RBI), published its August bulletin on Monday. The report discusses several aspects of central bank digital currency (CBDC) and its implications. The RBI is actively involved in developing CBDC initiatives to enhance cross-border payments, improve financial inclusion, and mitigate risks posed by private digital instruments. The RBI’s […] Powered by...
Hong Kong Lawmaker Calls for DAO Regulation to Boost Web3 Investments
Hong Kong lawmaker Johnny Ng Kit-chong has called for a legal framework to regulate decentralized autonomous organizations (DAOs) to boost Hong Kong’s Web3 investment landscape. Ng said a recent High Court ruling underscores the rule of law in Web3 operations and sets a significant legal precedent. The Mantra Chain Case A Hong Kong lawmaker, Johnny […] Powered by...
Woman Sentenced to Prison for Bitcoin-Funded Dark Web Murder Plot
A Utah woman, Krista Renae Stone, 23, was sentenced to 78 months in federal prison for attempting to orchestrate a murder-for-hire using the dark web, the U.S. Department of Justice (DOJ) announced on Monday. Stone targeted her ex-boyfriend’s new girlfriend, arranging to pay $5,000 in bitcoin to a website offering hitman services between March and […] Powered by...
Kakao Reveals Anti-Piracy Successes, Legal Action Against Major Manga Sites
For companies reliant on sales of digital products delivered via the internet, any level of success is likely to face not just unlicensed competition, but rivals offering identical products with a price tag marked ‘free’. How to tackle this threat depends on the product, the audience, and the location and nature of pirate sites and services active in the niche. Current thinking suggests that companies with synergies can benefit by...
“The Pirate Bay” TV Series Teaser Appears Online
The inception and early years of The Pirate Bay are an intriguing chapter of the Internet’s history. While most pirate site operators hid in the shadows, Pirate Bay’s founders were public figures who openly taunted the entertainment industries. This chapter didn’t end as planned for Fredrik Neij, Peter Sunde, and Gotffrid Svartholm, who were eventually sentenced to prison. By then, however, they had already sparked a digital and...
