Experts: Defi Thrives Where Banks Falter, Fragmentation a Hurdle
The rise of decentralized finance is particularly strong in regions with weak banking systems, such as Sub-Saharan Africa, Latin America, and Eastern Europe. Experts believe this is because defi offers financial tools and services traditionally unavailable to people in these areas. Experts point to the user-friendliness and security of defi compared to traditional financial institutions […] Powered by...
SEC Hits Flyfish Club With Charges for Unregistered NFT Offering
The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive restaurant project. “Flyfish agreed to a cease-and-desist order, to pay a $750,000 civil penalty, and to comply with certain undertakings,” the regulator noted. SEC Charges […] Powered by...
ISPs Back Cox’s Supreme Court Petition to Counter “Extortionate” Piracy Liability Pressure
In August, Cox Communications filed a petition at the U.S. Supreme Court, requesting a review of a Fourth Circuit ruling that held the company liable for pirating subscribers. The Internet provider ultimately challenges a $1 billion jury verdict in favor of major record labels, including Sony and Universal, arguing that it has far-reaching implications for Internet providers and the broader American public. Cox wrote that, in its...
Fake Streams ‘Save’ Premier League Pirates, Security Tips Can Save More
In a couple of weeks the UK’s BeStreamWise anti-piracy campaign will celebrate its one-year anniversary. Launched last October, the campaign aims to deter citizens from consuming live sports from pirate IPTV services and other platforms offering illegal streams. With the slogan “Illegal Streams Let Criminals In” companies including Sky, Premier League, FACT, and ITV, hope that consumers will weigh cheap prices against the risk of...
