2024 Crypto Losses Attributable to Deepfakes Projected to Exceed $25 Billion
Losses attributed to crypto crimes involving the use of deepfakes are projected to surpass $25 billion in 2024. According to the latest Bitget research study, these losses are expected to continue rising if no regulatory intervention is introduced to curb this type of fraud. Educating users and implementing comprehensive legal and cybersecurity frameworks globally are […] Powered by...
Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors
Michael Joseph McElhiney, age 37 and formerly of Spokane, Washington, has pleaded guilty to wire fraud, the U.S. Department of Justice (DOJ) announced on Wednesday. Between March 4, 2021, and Sept. 10, 2022, McElhiney defrauded investors by falsely claiming to operate a cryptocurrency investment fund called Mac Blockchain Solutions. He contacted victims in person, via […] Powered by...
Bitcoin and Crypto Were Not Mentioned Once During the Trump-Biden Debate
Prior to the highly anticipated presidential debate between Donald Trump and Joe Biden, many on social media were speculating whether the topics of Bitcoin and cryptocurrency would come up. However, as the debate concluded, it was clear that neither candidate made any mention of these emerging digital assets or technologies. The absence of any discussion […] Powered by...
$8.1m Damages Agreed By YouTuber & Bungie For 96 Bogus DMCA Notices
In March 2022, YouTube began receiving DMCA takedown notices which claimed that content referenced in the notices infringed the rights of videogame developer Bungie. YouTube responded by removing the videos listed in the notices, some of which had been uploaded by high-profile Destiny content creators. Some notices targeted Bungie’s own channels on YouTube, but that didn’t prevent some in the Destiny 2 community concluding that Bungie...
LaLiga and UAE Launch ‘Anti-Piracy Laboratory’ to Block Pirate Sites
The United Arab Emirates (UAE) is rapidly expanding its population, mostly through migrant workers. The country, where Dubai is the most populous city, presents itself as a region where people from all over the world can do business and find entertainment. UAE Pirates The region appears to be a magnet for the rich and famous, but it’s not all fun and games. As it turns out, some people in the UAE are enjoying entertainment without...
