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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...
Crypto ‘not protected by law,’ rules provincial high court in China
23.8.2021
A provincial high court ruling in China has set a potential precedent by declining to protect a plaintiff’s $10,000 worth of lost crypto tokens
Minting, distributing and selling NFTs must involve copyright law
22.8.2021
Nonfungible tokens would be problematic without the validation and verification of copyright ownership in the NFT-minting process
Brazil’s central bank president endorses crypto regulation
20.8.2021
Central bank head Roberto Campos Neto recognized the demand for greater crypto regulation as the country evolves in the market
Swedish gov't pays out $1.5M in Bitcoin to convicted drug dealer
20.8.2021
The Swedish prosecutor had argued in court that the man should be stripped of his illicitly-earned Bitcoin at the equivalent value in fiat currency at the time of his conviction
Canadian regulator alleges OKEx operator violated securities law
19.8.2021
The commission has made similar allegations against Bybit, crypto exchange KuCoin and Polo Digital Assets
RuneScape Composer Jailed For Sexual Assault Of Preteen Girl
19.8.2021
Ian Taylor, the composer behind much of the music for free-to-play MMO RuneScape, was sentenced today by the Peterborough Crown Court in England to 22 months in prison after admitting to drunkenly assaulting a girl under the age of 13 last December.Read more
Draft El Salvador Bitcoin banking regulations released
19.8.2021
El Salvador’s Banco Central de Reserva has released two documents detailing how banks should deal with Bitcoin
Crypto language in the infrastructure bill is a political shell game, says Cointelegraph GC
18.8.2021
According to Zachary Kelman, Republicans and moderate Democrats may know the tax reporting requirements for crypto firms are impossible, but want to have a provision to fund some of the projects without raising taxes
Kenyans Cautioned Against Investing in BTC Company Promising Returns of 400% in Six Hours
18.8.2021
A Kenyan regulator, the Capital Markets Authority (CMA), has cautioned investors and Kenyan citizens against investing with Fxbitinvest, a bitcoin trading company. The warning was issued after the regulator noted Fxbitinvest’s use of exaggerated return-on-investment promises to lure...
Arson Suspected After House Of Twitch's Biggest Female Star Catches Fire
17.8.2021
Kaitlyn “Amouranth” Siragusa, the most-watched woman on Twitch, said in a Twitter thread that her house caught fire last Friday. According to Siragusa, investigators haven’t pinpointed a specific cause but “strongly suspect arson.”Read more
Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers
17.8.2021
Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal tender in the country. Fitch believes that after the country enforces the new tender law it will...
Dev Reveals Exploitative Nature of Most Game Contracts
17.8.2021
Receiving a publishing deal from an indie publisher can be a turning point for an independent developer. But when one-man team Jakefriend was approached with an offer to invest half a million Canadian dollars into his hand-drawn action-adventure game Scrabdackle, he discovered the contract’s terms...
Fitch Ratings warns El Salvador's 'Bitcoin Law' will pose risk to local insurers
17.8.2021
Fitch warned that mainstreaming Bitcoin without clarity can introduce volatility and operational risks for Salvadorans
US Government Now Offers Informants Crypto Rewards in Addition to Bank Wires, Suitcases Full of Cash
16.8.2021
Attendees of the Black Hat hacker conference in Las Vegas were introduced to a new advertisement crafted by the U.S. State Department. According to individuals who accessed the government advertisement via an open Wi-Fi network called “#Rewardsnotransoms” they discovered the U.S....
Darknet Users Leverage a New Blockchain Analytics Tool That Scans for Ties to Criminal Activity
16.8.2021
According to the blockchain intelligence firm Elliptic, cybercriminals are leveraging cryptocurrency analytics to get ahead of law enforcement. Elliptic says a “blockchain analytics tool has been launched on the dark web” and the tool is called “Antinalysis.” Meet...
Nintendo Orders ROM Site To ‘Destroy’ All Its Games, Or Else
14.8.2021
RomUniverse, a website where folks could download pirated copies of various Nintendo games and even pay a premium to get faster downloads, was sued into oblivion back in May of this year. But Nintendo wasn’t done after suing the site for $2.1 million. In new court docs, a judge has ordered...
London court orders Binance to trace hackers behind $2.6M Fetch.ai attack
13.8.2021
"We need to dispel the myth that cryptoassets are anonymous. The reality is that with the right rules and applications they can be tracked, traced and recovered," said Syedur Rahman
Fortnite Streamer Banned From Twitch, YouTube Following Rape Arrest
13.8.2021
The Brazilian Twitch streamer RaulZito was arrested last month, according to Insider, which cited initial reporting from the Brazilian site G1. Twitch only just banned RaulZito’s account yesterday, per the tracking site StreamerBans.Read more
Senate infrastructure bill isn’t perfect, but could the intention be right?
13.8.2021
The provisions of the U.S. infrastructure bill stirred up a heated debate, but many of the fears voiced by its critics are misguided