Friday, April 26, 2024
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China declares stealing digital collections like NFTs liable for criminal theft sentence

The Chinese government released a statement on Nov. 10 declaring that anyone stealing digital collections, such as nonfungible tokens (NFTs), will be subject to theft sentences.It outlines three views on the type of crime that theft of digital collections falls under, the first two classifying it as either data or

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Singaporean Judge Declares Crypto Is Personal Property In ByBit Case

In a recent development, a judge of the Singapore High Court has declared that cryptocurrencies are personal properties. The court likened crypto to fiat money, and since fiat passes as personal property, crypto should pass as one, too, the court reasoned.  Genesis Of The Case Judge Philip Jeyaretnam made this declaration in

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Vitalik Buterin declares he is not staking all of his ETH, merely a ‘small portion’

Ethereum co-founder Vitalik Buterin stated that he does not stake all of his Ethereum (ETH) due to multisignature (multisig) wallets being “complicated in a bunch of ways.”On the 29 June episode of the Bankless Podcast, titled Restaking Alignment, Buterin revealed the “biggest reason” why he is only staking a small

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Yield Protocol declares full recovery from Euler hack, awaits user token exchange

Yield Protocol announced on June 27 that it had fully recovered from the Euler flash loan attack. Liquidity providers can now update their strategy tokens, the protocol said on Twitter. That was the last step to protocol restoration after “a long journey.”Yield Protocol was one of the 11 decentralized finance

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Hong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin

Liquidators sought directions from the court on whether the crypto held by Gatecoin should be treated as property held on trust or "if no trust existed, the digital assets should be made available to the general body of creditors," according to the Hogan Lovells report. The exchange held crypto upwards

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