Bank of England Analysts See Crypto Having Important Roles in the Metaverse — Discuss the Need for Regulation
Bank of England’s analysts say crypto assets could have important roles within the metaverse. “Widespread adoption of crypto in the metaverse … would require compliance with robust consumer protection and financial stability regulatory frameworks,” they added. Bank of England’s Analysts on the Metaverse, Crypto, and Regulation Bank of England’s economist Owen Lock and policy analyst Teresa Cascino published a blog post titled...
ReadON Completes $2M Seed Round to Build a Decentralized Content Distribution Platform
PRESS RELEASE. ReadON (readon.me), a company that aims to provide users with a brand-new content consumption experience by utilizing blockchain, completed its seed investment round of $2M led by SevenX Ventures. Other investors included HashKey Capital, Foresight Ventures, Sky9 Capital, ArkStream Capital, Puzzle Ventures, CyberConnect, M23 Fund, Smrti Lab and individual investors. The seed funding will be used to develop a ReadON...
Landfill Gas Mitigation Firm Vespene Energy Secures $4.3M to Bolster Gas-to-Bitcoin Solutions
On August 9, a firm that uses landfill methane to fuel bitcoin miners, Vespene Energy, announced the company has raised $4.3 million in a funding round led by Polychain Capital. Vespene aims to use the funds for its pilot in California by using landfill methane to mine bitcoin and “mitigate a major source of greenhouse gas emissions.” Vespene Energy Raises $4.3M in Funding Round Led by Polychain Capital, Firm Aims to Give Landfill...
Cheat Seller AimJunkies Uses Subpoenas to Fire Back at Bungie
Last summer, Bungie filed a complaint at a federal court in Seattle, accusing AimJunkies.com of copyright and trademark infringement, among other things. The same accusations were also made against Phoenix Digital Group, the alleged creators of the Destiny 2 cheating software. AimJunkies argued that cheating isn’t against the law. In addition, it refuted the copyright infringement allegations; these lacked any substance and were...
Brazil’s New IPTV Anti-Piracy Blocking Plan Prepares to Bypass Judiciary
Despite taking significant action to reduce all kinds of online piracy, Brazil remains on the United States Trade Representative’s ‘Watch List‘. Lack of effort doesn’t appear to be the problem, however. The São Paulo Court of Justice ordered major ISPs to block file-hosting platform Mega in 2019, but within days the ruling was overturned. That didn’t matter too much though as much bigger things lay ahead. Last year Brazil filed a...
