After Halving Event, Bitcoin Transaction Fees Soar to Over $240
Upon reaching block height 840,000, when the mining pool Viabtc collected 37.626 bitcoin in fees worth $2.39 million, the expense for onchain transfers climbed, surpassing $240 per transaction. Block 840,003 recorded 16.06 bitcoins in fee payments, and block 840,004 accumulated 24 bitcoins in fees valued at over $1.5 million. Bitcoin Transaction Fees Skyrocket Above $240 […] Powered by...
‘Smart IPTV’ App Blocked By ISPs, Despite it Carrying Zero Illegal Streams
In a world where users can have their own ChatGPT-like AI instances up and running on their own PCs, in just a handful of minutes, for zero spend and completely legally, the app experience on smart TVs rarely fails to disappoint. Yet when smart TV users somehow manage to clunk their way through, say, LG’s menus, and then avoid the avalanche of distractions that exist purely to break their will, only disappointment lies ahead for the...
Filmmakers Expand Piracy Liability Lawsuit, Add Dozens of Millions in Potential Damages
Under U.S. copyright law, Internet providers must terminate the accounts of repeat infringers “in appropriate circumstances.” Many ISPs have been reluctant to take such drastic measures, which triggered a wave of copyright infringement lawsuits in recent years with WideOpenWest (WOW!) as one of the targets. The Colorado-based Internet provider was sued by a group of movie companies including Millennium Media and Voltage Pictures. The...
Operator of ‘Bitcoin Invested’ Pirate Site Movie2K Charged After More Than a Decade
At the start of the 2010s, Movie2K was one of the most visited sites on the web. The site was an early adopter of pirate streaming and at its peak, secured a spot among the twenty most-visited websites in Germany, beating Twitter and Amazon. Movie2K’s success generated a healthy revenue stream which its operators converted to a new and exciting ‘currency’ called Bitcoin. It’s assumed that the goal was to keep the haul hidden from...
