OKCoin has grown rapidly over the past few weeks and is now the biggest Chinese exchange, according to its CEO Star Xu. He claims the exchange’s current daily trade volume is approximately 50,000 bitcoins per day.
Interestingly, on top of that, the exchange allegedly trades 5 million litecoins per day. The company claims that at its peak it reached over 300,000 bitcoin and 13 million litecoin trades.
OKCoin Raises $10 Million to Become China’s ‘Largest Exchange’.
The city-state says the regulations for transacting digital currencies will be similar to those currently imposed on money changers and remittance businesses that undertake cash transactions.
BBC News – Singapore to regulate virtual currency exchanges.
After having lost court case after court case, NORMA has won in the highest courts, saying that it should get money for each form of media – hard disk, ipod, SD Card, basically anything that allows digital content copied to it – in order to ‘pay the artists’ that could, potentially have their music copied to this media. Not only will the artists not see any of this money, but there is no way of determining who should get how much! Do Dutch judges not understand digital thingamies? Are they still locked into a battle with paper and pen whilst the rest of the world has advanced into a tablet and pc world?
Hoge Raad: bevriezing thuiskopieheffing illegaal – Webwereld.
It’s a huge library of video courses you can take for free.
Learn to Invest: Learn how to buy stocks and how to invest.
All stakeholders are welcome to contribute to this consultation. Contributions are particularly sought from consumers, users, authors, performers, publishers, producers, broadcasters, intermediaries, distributors and other service providers, Collective Management Organisations, public authorities and Member States.
The objective of this consultation is to gather input from all stakeholders on the review of the EU copyright rules.
Review of the EU copyright rules – Consultations – The EU Single Market – European Commission.
The link above has a few documents for you to download. Choose one and fill in the questionaire in the consultation document and send it back. Easy!
Superscammer. And relevant when compared to the wolf of wallstreet!
Summarizing 400 studies over the past 60 years, the report concludes that humans perform only “the same as or slightly better than chance.” Given that the TSA has spent almost a billion dollars on the program, that’s a pretty poor record.
This includes extensive studies of the TSA SPOT programme over 2011 & 2012
In 2012 I bought an apartment specifically to rent out on airbnb. I’ve been managing it remotely for the past year. This post includes everything I learned as well as some revenue numbers
The gist is pretty simple: drive traffic to sites via links, recieve money (about $1 per 1000 hits) via their affiliate advertising programmes.
http://torrentfreak.com/making-money-from-movie-streaming-sites-an-insiders-story-131019/
These guys have a sticker SIM card which you stick over your existing SIM card. Once you’re roaming, it intercepts the call and re routes it to it’s own services. These are way cheaper than the roaming costs of the company you are using. Once you’re back, you are using your own provider.
What is the world coming to when the largest patent trolls, namely Apple, MS, and Samsung as well as BlackBerry, Cisco, HP, Intel, Yahoo, Google are trying to reign in new EU laws that would make patent trolling easy? Could it be that even they recognise that the patent system is outmoded and harms innovation and sales in a big way?
Techreuzen: EU wordt walhalla voor patenttrollen – Webwereld.
In a study encompassing torrents, releases to new media and concerts it truns out that if music is not released quickly on legal services like spotify, it is pirated much more often.
Bitcoin will be subject to regulation in the US as it gains in popularity. The article below goes into fearmongering about the potential of Bitcoins to be used by criminals, but forgets to mention that ALL currencies are used by criminals. http://online.wsj.com/article/SB10001424127887324373204578374611351125202.html
Considering there is a huge shortage of COBOL programmers, this is an excellent idea!
A high rolling gambler and his accomplice tapped into the Crown casino video surveillance cctv system and were able to read other players cards. In just 8 hands (!) this led to them winning some $32 million herals sun
Because sometimes that’s cheaper than a return, if you book with different airlines consumerist
The Global Atlas is the comprehensive information platform on the potential of renewable energy. It provides resource maps from leading technical institutes worldwide and tools for evaluating the technical potential of renewable energies. It can function as a catalyst for policy development and energy planning, and can support investors in entering renewable energy markets.
via IRENA – Global Atlas for Solar & Wind.
Two-thirds of millionaires left Britain to avoid 50p tax rate – Telegraph.
This has cost the UK GBP7 billion. They have repealed the laws, but the millionaires are not coming back much.
Apple’s foreign profits are funneled through different countries to reside in a country where there is no or little tax on profits. They don’t pay taxes in the US untill the money is repatriated to the US, but they do mark a portion of the money as being taxed in the US and take that off their books. This means that there are lower profit figures than they actually have allthough the money is still in foreign accounts.
How Apple's phantom taxes hide billions in profit.
Not using a credit card is becoming a much more viable method over the internet (22% of the overall e-commerce payments), with iDeal and Paypal, but also many other methods used to pay for porn or gambling. Worldpay has made an interactive map showing the predominance of specific alternative currencies per country.
This is based on this report by worldpay.
That’s a pretty crass threat and bizarre that a US company can do this!
Zynga to employees: Give back our stock or you’ll be fired | The Digital Home – CNET News.