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How Blockchain Can Uphold Creators' Rights and Copyright Law

How Blockchain Can Uphold Creators' Rights and Copyright Law

Blockchain shows its versatility once again by becoming the perfect enforcer for copyright law, ensuring that authors receive their due credit and royalties.

China Passes Civil Code Which Will Allow its Citizens to Inherit Cryptocurrency

China Passes Civil Code Which Will Allow its Citizens to Inherit Cryptocurrency

At the Thirteenth National People’s Congress held in Beijing China, the parliament passed a new civil code that protects the civil rights of inheritance, marriage, property, personality, and contract infringement. According to Lixin Yang, a professor at Renmin University of China, the civil code states that “When a natural person dies, the legacy is the personal legal property left by she/he.” Personal legal property in this case also means “internet property” including virtual currencies. Chinese citizens will be able to leave their cryptocurrency and virtual assets to their heirs, coming into effect on January 1, 2021.

Brock Pierce and Blockchain Capital Sue Florida-Based Company for Copyright Infringement

Brock Pierce and Blockchain Capital Sue Florida-Based Company for Copyright Infringement

Brock Pierce and his business partners are suing Blockchain Capital Management LLC (BCM) for copyright infringement.

Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT

Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT

Bitmain has launched a cheaper version of a Bitcoin mining machine, Antminer T19, compared to its more pricy predecessor Antminer S19. Bitmain has been losing its market share to its rival, MicroBT, which launched its M30S++ Bitcoin miner in April this year. The Antminer T19 has a hashrate/ mining power of 84 terahash per second (TH/s), and power efficiency of 37.5 joules per terahash (J/TH). The price of this new mining machine is around $1750, while the S19 costs around $1785.

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