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Shellboxes, an Industry-Leading Cyber Security Firm, Declares Continuous Commitment to Protect Blockchain Projects From the Growing Threat of Cyber Attacks
7.3.2023
PRESS RELEASE. Shellboxes, a leading Web 3 company with top-level blockchain security and consulting services, has announced its commitment to help project owners stay protected amid rising cyberattacks in the industry. The Shellboxes team has raised the alarm over the carefree attitude of most...
Mango Markets Exploiter Thought a DAO Protected Him. Then US Courts Showed Up
31.1.2023
Mango Labs’ $47 million civil suit against crypto trader Avraham Eisenberg is a case study in how the ideals of crypto governance and DAOs take a backseat to real-world contracts law
Court in China Determines That NFTs Represent Virtual Property and Are Protected by Law
7.12.2022
Though a court in China ruled against the claims made by a non-fungible token (NFT) buyer, it found that these tokens are virtual property protected by law.
The ruling was reached by a court in the city of Hangzhou, the capital of the Chinese province of Zhejiang, in a case that involved...
Court in China Recognizes NFTs as Virtual Property Protected by Law
6.12.2022
A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired to sell a collection of tokens. Hangzhou Internet...
Chinese court says NFTs are virtual property protected by law
5.12.2022
The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs
Bernstein: Grayscale Bitcoin Trust Is Protected From Fallout at Sibling Company Genesis Global
21.11.2022
If Genesis is forced to file for bankruptcy, creditors will have no claim on GBTC assets, the report said
ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review
25.9.2022
With the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, as the United States government, has warned that the post-quantum world is getting closer, and vulnerable cryptography will need to be protected. Amidst red...
Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules
17.9.2022
A Chinese intermediate court based in Beijing recently upheld a lower court’s ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulations issued by the Bank of China and others only prohibit the circulation of virtual currency....
DeFi Privacy Protocol Railgun Launches Protected Mobile Wallet App
16.9.2022
Railway Wallet is the first zero-knowledge DeFi mobile wallet to operate directly on chain
NFTs Are Now Collateral for Secured Loans. Are You Legally Protected?
11.7.2022
Repossessing used cars is one thing, but a lender may find it hard to know the right jurisdiction to lay claim to a Bored Ape owned by “MoonBoiBallz99.”
The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected
18.6.2022
In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while airdrops sound like free money, there’s been a growing trend of airdrop phishing scams that steal people’s money when they attempt to get...
Draft Law About NFTs Submitted to Russian Parliament
21.5.2022
Lawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own non-fungible tokens need to be protected as Russians are currently dealing with NFTs at their own risk. Russian Deputies Propose...
Terra’s Big Backers, Shanghai Court Declares Bitcoin Property, BTC Obituaries, and Triple Top Hopes — Bitcoin.com News Week in Review
15.5.2022
With the nightmare nosedive of Terra’s LUNA and UST, the Shanghai High People’s Court declaring that bitcoin is virtual property protected by Chinese law, a surge in Bitcoin Obituaries, and some hoping for a rare triple top to appear for BCT, the past week has been full of shock...
Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law
12.5.2022
The Shanghai High People’s Court has declared bitcoin to be a virtual asset protected by Chinese law. The court notes that the cryptocurrency has economic value. Bitcoin Is Property Protected by Law in China The Shanghai High People’s Court has declared that bitcoin qualifies as...
SEC chair: retail crypto investors should be protected
4.4.2022
"There’s no reason to treat the crypto market differently just because different technology is used," said Gary Gensler
Elon Musk Calls Binance’s Dogecoin Problem ‘Shady’ — Says He’s Raising the Issue on Behalf of Other DOGE Holders
25.11.2021
Tesla and Spacex CEO Elon Musk has raised concerns with cryptocurrency exchange Binance about its dogecoin issue. Musk calls the situation “shady,” adding that “DOGE holders using Binance should be protected from errors that are not their fault.” Both Binance...
Amid Risk of Power Deficit, Ukraine Shuts Down Another Crypto Farm
3.11.2021
With а growing threat of electricity shortages in the winter months, Ukraine has busted another large coin minting facility illegally drawing power from the grid. The country’s security agency announced it’s stepping up efforts to ensure the nation’s energy system...
FortKnoxster Launches Its Crypto Suite With Built-in Security and Beyond
3.11.2021
PRESS RELEASE. Cybersecurity company FortKnoxster launches its one-stop crypto app, Crypto Suite™, with a range of features aimed at the crypto-and-security lovers. Among the features, which all are protected by strong end-to-end encryption, are: Fiat to crypto and reverse Crypto to crypto...
Aussie cyber spies to control critical infrastructure during ransomware attacks
20.10.2021
The new bill, if passed, will allow cyber warfare operatives to take over control of critical infrastructure under attack
Chinese Court Says Crypto is ‘Not Protected By Law’
23.8.2021
In a landmark ruling that could shake China’s crypto scene, the Supreme Court of the Shandong province has ruled that cryptocurrency “was not protected by law” after deliberating on a case that involves a potential fraud related to the purchase of tokens, as reported by The South China Morning...