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Hysteria Grips Bitcoin Market As Apple Removes Bitcoin Wallet App from Its Store
Despite the active hostility of the Chinese, Indian and Russian governments, the spread of bitcoins throughout the world was untrammeled until last month. In a series of dramatic arrests and prosecutions, the U.S. government began an active campaign against the use of bitcoins for questionable purposes.
Yet the bitcoin world seemingly is unaware of the thrust of recent U.S. actions. It was, however, roiled recently by two events. The first was the elimination of Blockchain, a bitcoin wallet app, from the Apple store. The second was the announcement that both Mt. Gox and Bitstamp, prominent bitcoin exchange sites, were halting withdrawals. The latter events were described as the result of technical problems and a denial of service attack, respectively, with no confirmation as to whether Mt. Gox was simply attacked as Bitstamp was. See, “What's Going on with Bitcoin Exchange Mt. Gox,?” TechCrunch.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.