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EU votes for memes ban and censorship machines — what now?

Jun20
by on June 20, 2018 at 10:43 am
Posted In: Around the Web, world


The European Parliament Committee on Legal Affairs just voted ‘yes’ on highly controversial parts of the EU’s new Copyright Reform. The controversial articles — 11 and 13 — effectively establish link tax, censorship machines, and ban memes. There was heavy resistance to the contested articles from internet activists, lobbyists, and members of European Parliament (MEPs), but all was for nought and the articles passed with a 13:12 and 15:10 majority. .@EP_Legal has adopted both Article 11 (#linktax) and Article 13 (#CensorshipMachines). It’s a dark day for the open web, but the fight will continue in the upcoming plenary vote in…

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South Korean exchange Bithumb hacked for $31 million

Jun20
by on June 20, 2018 at 8:54 am
Posted In: Around the Web, cryptocurrency, Finance, Hard Fork


You know it is just a regular day when you read about a cryptocurrency heist. Today’s victim is South Korean exchange desk Bithumb. The company reported that nearly 35 billion Won ($31.6 million) were stolen from its exchange. The hack began last night and lasted until today morning Korean Standard Time (KST). Bithumb has taken all regular cautionary measures following the hack. The company has halted all its deposits and withdrawal services, and urged its customers not to deposit any funds until further notice. The existing cryptocurrencies on the exchange have been moved to a cold wallet, where they can’t be…

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