Kim Dotcom, the founder of Megaupload, may soon be extradited to the U.S. from New Zealand following a decision by Justice Minister Paul Goldsmith. Dotcom, who has long resisted extradition since an FBI raid in 2012, said he has a plan and expressed his affection for New Zealand. He is accused by the U.S. of…
Read more
Blockchain and digital asset trade association, the Chamber of Digital Commerce (CDC), filed an amicus curiae brief on February 9 in support of French design house Hermès in the company’s landmark MetaBirkins case. Here’s why it matters: Hermés, designer of the legendary Birkin bag, has been caught up in a contentious legal battle that very…
Read more
OpenAI joins Google, Microsoft and others in legally backing their users if they face legal action over copyright infringement. OpenAI says it will cover the legal costs for business-tier ChatGPT users that find themselves in hot water over copyright infringement. OpenAI is calling its pledge Copyright Shield which only covers users of its business-tier ChatGPT…
Read more
The NFT artists were also ordered to cover Yuga Labs’ legal fees after determining the trademark infringement constituted an “exceptional case.” A United States district court judge has ordered nonfungible token (NFT) artists Ryder Ripps and Jeremy Cahen to pay Bored Ape Yacht Club creator Yuga Labs a total of $1.57 million in disgorgement and…
Read more
Investors led by Andreessen Horowitz have backed a company that has set out to help content creators monetize their work in the age of artificial intelligence (AI). The tech firm intends to employ blockchain technology to track remixes and mashups that have been spreading online since the invent of AI tools like Chatgpt. Investors Pledge…
Read more
Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online…
Read more
CryptoPunks v1 is no longer deemed authentic but its creators allegedly sold 210 ETH worth when the wrapped versions gained traction. During its initial release, 10,000 CryptoPunks were sold and made it to the secondary market before users discovered a critical smart contract exploit that made it possible for Punks’ buyers to withdraw their Ether…
Read more
The filing shows FTX refused to stop using its mascot, claiming “Jack in the Box has only narrow protection limited to the behatted ping pong‐headed clown who exploded out of a box to sell burgers.” Lawyers for major fast food chain Jack in the Box have filed a lawsuit against crypto exchange FTX US for…
Read more
Algorand helps secure almost 100,000 authors’ copyrights, NFTs raise breast cancer awareness, the New York Times gets in on the action, and more. Italian copyright collecting agency Società Italiana degli Autori ed Editori, SIAE, has minted more than four million NFTs on the Algorand blockchain to digitally represent the rights of more than 95,000 authors.…
Read more
A WordPress plugin allows publishers to timestamp content on Ethereum for immutability and copyright protection A plugin for the WordPress web publishing platform now enables users to timestamp content on the Ethereum blockchain. The plugin can help with copyright issues, proof of who created a piece of content, and to reassure readers it has not…
Read more
