That compensation, however, can be direct on indirect – therefore, if you’re using an image in a blog post or on a webpage that is affiliated with a for-profit company, the use is commercial.
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The Creative Commons license gives photographers the ability to release their photos to the public, while still retaining some control over how they are used.Īll photos with a Creative Commons license fall into two categories:Ĭommercial use is defined as use that is “primarily intended for commercial advantage or monetary compensation.” Use Creative Commons ImagesĪnother great (and free) source of photos are images with Creative Commons licenses. You can obtain public domain images on sites like Wikimedia Commons and Flickr Commons. Public domain images do not require any citation. work published before January 1, 1924.Ĭopyright-free images will have the Public Domain Mark 1.0 or the CC0 1.0 Universal Public Domain Mark.
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That’s not all – the court has the right to impound any work containing the copyright violation, and in extreme cases, the copyright infringer can face jail time.ĭiscover six types of images and how to use them online. Should a case go to trial, a party found guilty of copyright infringement is also responsible for all attorney fees and court costs. Those found guilty of copyright violation could face charges up to $150,000 for each infringement. The consequences of violating copyright (even accidentally) are serious. You can’t, however, just pull images off the internet – it’s your responsibility to determine if and how you can use the image without violating copyright.Įvery image – whether you find it on Google, social media or on a stock photo site – gains copyright as soon as it’s created, and it’s up to you to know whether or not you have legal right to use it. Whether you’re creating a blog post, webpage, ebook or any other piece of content, adding visuals improves the overall user experience. Whether to use BNB Auto-Burn to cover the remaining hacked funds, or not?Ī Whitehat program for future bugs found, $1M for each significant bug found.Ī Bounty for catching hackers, up to 10% of the recovered funds.Images are key for making your content shine online. What to do with the hacked funds, freeze or not to freeze? It further added that in coming days, it will have on-chain governance votes to determine: On the other hand, BNB Chain in its official statement acknowledged the incident and regretted the exploit. It added that although initially the Binance community supported BNB Chain but now, the latter has been running independently. In response, the Binance spokesperson has claimed that the company exerts no control over BNB Chain. In another tweet, he estimated the loss to be around $100 million, comparing it to about a quarter of the last BNB burn. We apologise for the inconvenience and will provide further updates accordingly.” Zhao tweeted. “We have asked all validators to temporarily suspend BSC. The issue surfaced when in a tweet Binance chief Changpeng Zhao wrote that an exploit on a cross-chain bridge (the means used by investors to move assets from one blockchain to another), BSC Token Hub, resulted in extra BNB. But with the efforts of volunteers, roughly 80 per cent had been frozen immediately, and the damage had been limited to less than $100 million. What is the issue?Ī total of 2 million BNB (nearly $570 million) were effectively minted and taken by the hacker. The statement further added Binance exerts no control over BNB Chain, and it is a community-driven and decentralised blockchain, powered by BNB that is neither run nor owned by Binance.Įxperts say that it is the biggest scam in cryptocurrency history second only to the Axie Infinity blockchain game hacking, which costed more than $500 million in late March this year, allegedly by a North Korean group.
Everything occurred on the decentralised blockchain (BNB Chain), and neither Binance users nor any other users were involved.” In an email response to the Hindustan Times, the Binance spokesperson said, “This incident is isolated to BNB Smart Chain (BSC).
It said that BNB Chain is powered by BNB that is neither run nor owned by Binance. However, the company has now distanced itself, saying that the loss is on BNB Chain, and users are not affected. In what is being termed as the most damaging cryptocurrency scam, the world’s biggest exchange for crypto assets-Binance was reportedly said to have been duped of cryptocurrency worth roughly $100 million on Friday.
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