Skip to main content

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

Apple co-founder Steve Wozniak loses Bitcoin scam case against YouTube

After filing a Bitcoin scam-related lawsuit against YouTube last year, Steve Wozniak now has 30 days to revise his complaint.

A recent court ruling said that video hosting giant YouTube is not responsible for cryptocurrency-related scams posted on its platform.

Apple co-founder Steve Wozniak failed to support his lawsuit against YouTube over an advert using his image to promote a fake Bitcoin (BTC) giveaway, Bloomberg reports.

Santa Clara County Superior Court Judge Sunil Kulkarnia said in a tentative ruling Wednesday that YouTube and its parent firm Google are protected by Section 230 of the Communications Decency Act — a federal law shielding internet platforms from responsibility for content posted by users.

Wozniak sued YouTube in July last year over a typical bogus crypto giveaway that stated that anyone who sends cryptocurrency to a certain address will receive more cryptocurrency in return. The Apple co-founder argued that YouTube not only failed to remove the fraudulent ads but “materially contributed” to the scam by selling targeted ads driving traffic to the videos and falsely verifying the YouTube channels that carried the videos.

“If YouTube had acted quickly to stop this to a reasonable extent, we would not be here now. What human would see posts like these and not ban them as criminals immediately?” he said. In the suit, Wozniak reportedly noted that similar crypto scams on YouTube also capitalized on other tech celebrities like Microsoft co-founder Bill Gates and Tesla CEO Elon Musk.

However, Judge Kulkarnia said that those factors were not enough to challenge the immunity provided by Section 230. The judge gave Wozniak 30 days to try to revise his complaint.

Wozniak is not the first entrepreneur to lose his battle against bogus YouTube ads. Last July, YouTube lawyers filed a dismissal bid in a similar case brought by major crypto firm Ripple Labs, arguing that the platform was not liable for any content — including scams — provided by third parties.

The latest court ruling comes the same day Google overturned its 2018 policy banning crypto exchanges from using its advertising services.

https://ift.tt/3pejd2a

Comments

Popular posts from this blog

Earn up to 50% APY by Staking $GLQ on GraphLinq App

PRESS RELEASE. The newest utility token to offer staking to its users/holders is GraphLinq Protocol’s $GLQ. As of this article, $GLQ has 4,500+ holders according to etherscan, excluding GLQ holders on CEX like Kucoin, MXC, Gate. This is a great step for the future of the project as it will further incentivize more users to hold. Explore more about GraphLinq, its staking mechanism & steps to stake. What Is GraphLinq? GraphLinq – The No Code protocol for automating actions on-chain & off-chain, launched in just March 2021, has come a long way bringing users in the crypto space a never seen model of integrating blockchain automation on any blockchain-related/non-related task. The goal of the GraphLinq protocol is to allow users to interact blockchains with any connected system as effortlessly as possible without any prior knowledge of coding. GraphLinq ecosystem currently consists of an engine, an integrated development environment ( IDE ) & an app to provide automated...

Coinsquare launches Quick Trade mobile app with instant funding

One of Canada's largest crypto exchanges has launched a new mobile application designed to streamline the buying and selling of Bitcoin and Ethereum. Coinsquare , the Toronto-based digital currency platform, has announced a new mobile trading application designed to simplify the buying and selling of cryptocurrencies in Canada.  Quick Trade was officially unveiled Monday, allowing commission-free transactions of Bitcoin ( BTC ), Ethereum ( ETH ), Litecoin ( LTC ) and Bitcoin Cash ( BTC ). A total of 15 trading pairs are available at launch, with “many more digital assets to be onboarded over the coming months,” the company said. The app is available on Android and Apple devices alongside Coinsquare’s existing mobile application, which is an extension of its web-based trading platform. In addition to commission-free trades, the new app allows for instant account funding via Interac e-Transfer – a considerable upgrade from Coinsquare’s current funding window, which can take up t...

Blockchain identity market to grow $3.58B by 2025, report claims

A new forecast for the global blockchain identity management market expects growth at a compound annual growth rate of almost 71% during 2021-25. A new report on the potential for blockchain identity management solutions to become integrated across sectors has forecast strong growth for its global market, at a compound annual rate of close to 71%. The report grounds its predictions on a study broken down into segments: by sector – e.g., government, healthcare, banking, financial services and insurance (BFSI) – geography, and applications. It was published by the Lyon-headquartered market research solution provider ReportLinker.  Drawing on an analysis of several existing blockchain identity management market vendors – Accenture, Amazon, Bitfury Group, Civic Technologies, and others – the report expects the total global market to grow by $3.58 billion between 2021 and 2025. Related:  The future of DeFi is spread across multiple blockchains The study’s baseline assumption...