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Washington State Law Recognizes Blockchain Records as Legally Valid and Enforceable

The United States state of Washington has passed a bill that recognizes and protects the legal status of electronic records pertaining to distributed ledgers like blockchains. The bill, substitute senate bill 5638, was signed into effect by Governor Jay Inslee on April 26.The original version of the bill had

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Mt. Gox CEO Decides to Appeal Conviction on Manipulating Financial Records

Mark Karpeles, former CEO of now-defunct Mt. Gox crypto exchange, has appealed his conviction on charges of manipulating data, The Associated Press (AP) reports on March 29.On March 15, Karpeles was acquitted of charges of embezzlement, but was found guilty of tampering with financial records, with the court stating

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Enterprise Blockchain Platform Records 10K Transactions per Second in Testnet Launch

Enterprise blockchain platform Insolar (INS) has successfully launched its testnet on Jan. 22, recording over 10,000 transactions per second (TPS), according to data from its block explorer Insolar Explorer.As the company announced on Sunday, Insolar set up its private testnet launch in order to prove its scalability and speed, with

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