Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets
A group of U.S. banking regulators is working on how banks can be allowed to offer crypto services and hold cryptocurrencies on their balance sheets. The chairman of the Federal Deposit Insurance Corporation (FDIC) said, “If we don’t bring this activity inside the banks, it is going to develop outside of the banks … The federal regulators won’t be able to regulate it.” US Regulators to Set Clear Rules for Banks to Deal With Crypto...
Adobe Jumps Into Non-Fungible Token Ecosystem With ‘Prepare as NFT’ Photoshop Tool
Adobe Inc., the American multinational computer software company that’s well known for its platforms like Photoshop and Illustrator, has jumped into the non-fungible token (NFT) universe. According to Adobe chief product officer Scott Belsky in a recent interview with The Verge, “NFTs will change creativity.” New Adobe Photoshop Tool Will Assist NFT Creators in ‘Packaging and Preparing, Along With the Attribution Capabilities’ The...
Netflix’s Army of Thieves & Paranormal Activity: Next of Kin Leak to Pirate Sites
Making movies readily available on official streaming services was supposed to be the silver bullet for defeating piracy, but these things aren’t always so straightforward. To improve the chances of success, subscriptions also need to be priced fairly and when movies come out, there should be no sitting around waiting for a piracy-encouraging theatrical window to close. All of these elements formed part of the plan when Netflix...
Cloudflare Explains How it Helps to Target Pirate Sites
Earlier this month, several copyright holder groups sent their annual “Notorious Markets” recommendations to the U.S. Trade Representative (USTR). The submissions are meant to call out well-known piracy sites, apps, and services, but Cloudflare was frequently mentioned as well. Cloudflare in the ‘Piracy’ Spotlight The American web security and infrastructure provider can’t be officially listed in the final report since it’s not a...
Hollywood Demanded $16.3m From Pirate IPTV Services, Judge Awards ‘Just’ $272,500
As part of their ongoing efforts to shut down or disrupt pirate IPTV services, Universal, Amazon, Columbia, Disney, Netflix, Paramount, Sony, and other content creators sued Jason Tusa, the operator of the Area 51, Digital UniCorn Media, Singularity Media, and Altered Carbon services. Tusa had been on the radar of the studios for some time and had previously shut down Area 51 after reaching a settlement agreement with anti-piracy...
