Bitcoin Miners Reach the Halfway Point to the Next Block Reward Halving
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving that is estimated to take place on or around April 27, 2024. Block 735,000 follows the network issuing over 19 million bitcoin and the hashrate reaching an all-time high three days ago on May 2. Block 735,000: Halfway to the Next Halving...
California Governor Newsom Signs Executive Order on Crypto, Blockchain, and Web3
California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a comprehensive and harmonized framework for Web3 technology to thrive. “California is a global hub of innovation, and we’re setting up the state for success with this emerging technology,” said the governor. California’s Governor Issues Executive Order on Blockchain and Crypto The governor of the U.S. state of California, Gavin Newsom,...
Elon Musk Secures Funding From Crypto-Friendly Binance, Sequoia, Fidelity to Buy Twitter
Tesla and Spacex CEO Elon Musk has secured $7.139 billion in new financing commitments to fund his acquisition of Twitter, including from several pro-crypto companies. Cryptocurrency exchange Binance, for example, has committed to invest $500 million in the social media platform alongside Musk. Crypto-Friendly Companies Join Elon Musk to Buy Twitter Tesla CEO Elon Musk has secured funding from 18 companies to purchase Twitter Inc.,...
Movie, Music, Gaming & Publishing Groups Join ISPs in Deal to Block Piracy
In terms of drama, excitement, politics and at times pure theater, Sweden’s connection with iconic file-sharing battles is unrivaled, largely due to the antics of The Pirate Bay. At least for a while, the battle lines seemed to be clearly drawn. ‘Greedy’ entertainment industry giants lined up on one side, with The Pirate Bay, its founders, and what felt like universal public support on the other. But as the dust of these battles began...
Filmmakers Target Thousands of Alleged BitTorrent ‘Pirates’ in Canada
Piracy lawsuits come in different shapes and sizes. Rightsholders can go after pirate site operators, ISPs, hosting companies, messenger apps, or CDN providers, for example. Another option is to target the alleged pirates more directly in court. In those cases, they often offer a quick settlement to make the case go away. These so-called “copyright trolling” efforts have been a common occurrence in countries around the world. This...
