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LBRY fires back at SEC over ‘aggressive and disastrous’ securities complaint

LBRY is in the SEC’s firing line for selling unregistered securities. It claims the case could set a precedent that would affect much of the industry. Blockchain company LBRY, Inc. has hit back at the Securities and Exchange Commission, saying a complaint filed against it threatens much of the crypto industry because it would define most tokens as securities.  The SEC has been looking into the blockchain-based publishing platform LBRY, Inc. as part of a three-year investigation that started in May 2018. According to the complaint filed by the SEC, the platform is alleged to have sold unregistered securities across…

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Theta Labs Video Platform To Collaborate With Chainlink: Report

The Theta Labs video platform that is also decentralized, will collaborate with the smart contract Chainlink to fight the $19 billion global issue of online video and fraud according to the latest press release in our latest chainlink news. According to the website, Theta Labs video platform is a decentralized delivery network that has its own blockchain that is specifically designed for incentivizing the sharing of the bandwidth. The company noted that today’s content delivery networks have no reach which causes the videos to re-buffer and has high load times in countries across the world. Skyrocketing data needs means that…

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