Production company Miramax has filed a lawsuit accusing director Quentin Tarantino of copyright infringement for selling NFTs derived from his blockbuster 1994 film, Pulp Fiction. On Nov. 2, Tarantino announced he would be tokenizing seven uncut screenplay scenes for the critically-acclaimed film as nonfungible tokens in December 2021. The NFTs will be built on the Secret Network, a layer one…
Distributed ledger technology has only scratched the surface of its potential, and bitcoin is in many ways bringing these possibilities into the limelight, so much so that it has sparked unprecedented global adoption. Moreover, the growing institutional embrace is a force to be reckoned with, and MicroStrategy’s accumulation is just one strong example of the accelerating purchase pace. CEO Michael…
In brief Film studio Miramax is suing director Quentin Tarantino over his plans to release Pulp Fiction-inspired NFTs. Miramax alleges that Tarantino doesn’t have the rights to release such NFTs. Director Quentin Tarantino’s recent announcement of NFT collectibles based on his classic film “Pulp Fiction” generated a lot of buzz amongst movie buffs. However, it also caught the attention of…
The New York Digital Investment Group will be paying the National Basketball Association’s Houston Rockets franchise in Bitcoin as part of a partnership aimed at promoting crypto education and adoption. In a Nov. 16 announcement, the Houston Rockets said the New York Digital Investment Group, or NYDIG, would become the team’s official Bitcoin (BTC) services partner and platform. As part…
Polygon, a layer 2 scaling solution for Ethereum compatible blockchains, stated in a press release provided to Cointelegraph that it has launched its zk-STARK powered Miden Virtual Machine for the development of decentralized applications, also known as DApps. 1/7 We are proud to reveal the newest member of the Polygon family – Polygon Miden, an upcoming STARK-based, EVM-compatible Rollup! The…
In the past 30 years the growth of the internet and digital technology has transformed the way the world operates and today artificial intelligence and machine learning continue to shift the balance of power away from physical labor and more toward a future filled with automation and smart technology. IoTeX (IOTX), a blockchain-based project focused on Internet of Things (IoT)…
Watch This Episode on YouTube Watch/Listen To This Episode: In this episode of Bitcoin Spaces Live, hosts Christian Keroles (@ck_snarks) and P (@phjlljp) are joined by Daniel B (@csuwildcat), Shinobi (@brian_trollz), and Level39 (@level39) to discuss the future of decentralized identity. They explore the different decentralized identity projects happening at Microsoft and Square, ION (a layer 2 built on top…
Synonym Software, dedicated to bringing new utility and user experiences to Bitcoin and the Lightning Network, has officially launched today. “Hyperbitcoinization won’t magically happen on its own,” said John Carvalho, CEO of Synonym, in a statement sent to Bitcoin Magazine. “In order to live in a world without big banks, oppressive regulation, or Big Tech presiding over our lives, we…
The United States Department of Justice is planning to sell $56 million worth of cryptocurrency seized in connection with its case against Ponzi scheme BitConnect. In a Nov. 16 announcement, the Justice Department said it would sell the seized crypto and hold the proceeds in U.S. dollars until it could use the funds to provide restitution to BitConnect victims. The…
In brief President Biden signed a $1.2 trillion infrastructure package into law yesterday. Senator Cruz wants the cryptocurrency provisions in the bill reversed. Senator Ted Cruz isn’t known for forging compromise. The Texan has earned ire and eyerolls from fellow Republicans for his habit of engaging in one-man filibusters and upstaging leadership. So it’s only natural that Cruz is going…
