Marathon Digital Ordered to Pay $138M for Contract Breach
A federal court jury in Los Angeles has awarded Michael Ho $138 million after finding crypto mining firm Marathon Digital Holdings Inc. guilty of breaching a Non-Disclosure/Non-Circumvention Agreement. Ho had shared proprietary information about a large-scale energy supplier with Marathon, which had agreed not to bypass him. However, Marathon circumvented Ho and engaged directly with […] Powered by...
Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE
Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates Bitlayer’s total funding to $16 million, bringing its valuation to $300 million. Institutional Investment Advances Bitlayer’s Bitcoin L2 Development Bitlayer […] Powered by...
Piracy Portal ‘Hikari-no-Akari’ Shuts Down Following Legal Pressure
Founded in 2010, Hikari-no-Akari (HnA) positioned itself as the go-to site for fans of Japanese music. With anime booming across the globe, HnA’s audience didn’t stop at the border. And with over a million visits per month, rightsholders started to take notice. HnA Targeted in Subpoena Hoping to stop the infringing activities, the Recording Industry Association of Japan (RIAJ) and IFPI repeatedly reached out to HnA’s operator, without...
Stealth Piracy App Evaded Apple Again? Just the Tip of the Evasion Iceberg
The positions of Apple and Google are very clear when it comes to piracy app availability in their respective stores. Whether created for iOS or Android, they are not allowed. Period. With the theory neatly wrapped up, reality tends to take over and at that point, the bright lines become a little blurred. Right now there are apps on the App Store and Google Play which offer TV schedule/EPG-type functionality out of the box, exactly as...
UK ‘Crackdown’ on Pirate IPTV Streaming Leads to Three Arrests & 40 Warnings
Offering pirate streaming services is a serious offense in the UK, where several people have received multi-year prison sentences in recent history. These sentences haven’t deterred others from following in their footsteps. Illegal access to paid sports and TV content remains readily available, with vendors and operators profiting from these unauthorized subscriptions. There has been no shortage of news reports covering IPTV piracy...
