by Shreyanka Pal, Deputy Editor Last month, Mike Winklemann, under the pseudonym Beeple, auctioned a digital art piece for $69 million. Let that sink in. The buyer, MetaKovan, paid $69 million for the “ownership” of a digital painting that conferred no actual rights – he doesn’t own the copyright, didn’t get a physical print and, [...]
By Mita Chaturvedi (Miranda House) and Amartya Bhargava (IIT-Delhi) In June 2019, the social media giant Facebook formally unveiled its plans to launch a new cryptocurrency in 2020. Facebook says that it will have little to do with the decision making in this currency- but recent scandals have led to many distrusting the company. This, [...]
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