Fed Chair Jerome Powell Updates Work on Digital Dollar — Says US Central Bank Digital Currency Will Take ‘at Least a Couple of Years’
Federal Reserve Chairman Jerome Powell says the U.S. central bank is looking at whether to issue a digital dollar with a “very broad scope.” He noted that the Fed is collaborating with Congress and the executive branch on whether to issue a central bank digital currency. Fed Chair Powell on Digital Dollar Progress Federal Reserve Chairman Jerome Powell provided an update of the central bank’s digital dollar work Tuesday during a panel...
Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Days
Just over two months or approximately 83 days ago, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market capitalization, USDC has been above the $50 billion mark, but this week the crypto asset’s market valuation is around $48.82 billion. Following Tether’s Recent Stablecoin Reduction,...
Danish Pirate Site Blocking Updated, Telecoms Group Publishes All Domains
As pirate site blocking programs expand around the world, Denmark already has more than 15 years of experience in this branch of copyright protection. After blocking Russian MP3 site AllofMP3 in 2006, Danish rightsholders haven’t looked back. The big drive now is how to streamline the site-blocking process so that piracy platforms can be hit as quickly and as comprehensively as possible. Part of the problem is that to have pirate...
Liverpool and Manchester United Team Up to Beat Counterfeiters
The rivalry between Liverpool and Manchester United goes back more than a century. It even has its own Wikipedia entry. The football teams and their fans often go head to head but on neutral territory, the clubs have recently formed an unusual partnership. Football Rivals Team Up in Court This week, the clubs filed a complaint at a U.S. federal court in Chicago. Together with a third Premier League team, Tottenham Hotspur, they accuse...
Teen’s Destiny 2 Cheat Strategy Gifts Bungie Unlimited Lawsuit Ammo
After being sued by Bungie in a Washington court during the summer, a teenager accused of cheating in Destiny 2 and being abusive towards Bungie staff decided to fight back. The core of Bungie’s lawsuit is that L.L. repeatedly breached the terms of its Limited Software License Agreement (LSLA) by using third-party cheating software, getting banned by Bungie, and then repeatedly signing back up to breach the LSLA’s terms once again....
