MPA Backs Automated Pirate Site-Blocking, Sees Role for VPN and CDN Companies
In recent years, the European Commission has proposed and adopted various legislative changes to help combat online piracy. The Copyright Directive and the Digital Services Act both envisioned tighter copyright takedown rules for online service providers. Many rightsholder groups felt that the new rules were insufficient to target live streaming piracy, sports content in particular. They wanted more incentives for online service...
Consensys Acquires Web3auth to Enhance Metamask User Experience, Eliminating the Need for Seed Phrase Backups
Consensys has announced the acquisition of Web3auth, a provider of key management and embedded wallet infrastructure, aimed at enhancing the user experience and security of its Metamask wallet. According to Consensys this acquisition addresses significant risks associated with seed phrase management, as recent data indicates that 35% of users do not back up their seed […] Powered by...
Insurers Eye Kidnap and Ransom Policies for Wealthy Crypto Holders
Insurance companies are considering the launch of kidnap and ransom policies aimed at wealthy cryptocurrency holders, driven by increasing concerns over kidnappings of crypto entrepreneurs. K&R Insurance for Crypto Holders U.S. insurance companies are reportedly contemplating launching products specifically for wealthy cryptocurrency holders. The insurers hope these products, known as “kidnap and ransom (K&R) policies,” […]...
MEXC Reports 200% Surge in Coordinated Fraud Attempts in Q1 2025
Cryptocurrency exchange MEXC reported a significant 200% increase in coordinated fraudulent trading activity in the first quarter of 2025. Most fraudulent activity is concentrated in Asia, with India accounting for nearly 27,000 or 33% of flagged accounts. Fraudulent Activity Concentrated in Asia Cryptocurrency exchange MEXC reported a sharp, 200% increase in coordinated fraudulent trading activity […] Powered by...
Singapore Finalizes Crypto Rules—Firms Serving Overseas Must Comply by June
Singapore is mandating crypto service providers operating locally but serving overseas customers to get licensed or exit by June, with no grace period or phased rollout. Singapore Gives Crypto Firms Until June 2025 to Comply, Without Grace Period or Tiered Rollout The Monetary Authority of Singapore (MAS) finalized its position on May 30 regarding the […] Powered by...
