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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.

Xiao Yi: Mastermind Behind 2021's Biggest Bitcoin Crash Receives Life Sentence

Xiao Yi: Mastermind Behind 2021's Biggest Bitcoin Crash Receives Life Sentence

Former Jiangxi Provincial Political Consultative Conference member Xiao Yi sentenced to life imprisonment for bribery and abuse of power, linked to Fuzhou Chuangshi Company's Bitcoin mining.

IPCC Concerns Energy-Intensive Crypto Mining as Risk of Climate Change

IPCC Concerns Energy-Intensive Crypto Mining as Risk of Climate Change

The latest report of the Intergovernmental Panel on Climate Change (IPCC) from the United Nations concerns the carbon footprint and its energy consumption produced by crypto mining.

Jump Crypto Recovers $140 Million Worth of Tokens from Wormhole Hack

Jump Crypto Recovers $140 Million Worth of Tokens from Wormhole Hack

Jump Crypto and Oasis recover $140m from Wormhole hack, showcasing importance of collaboration and innovation in fighting crypto hacks.

European Blockchain Service Infrastructure PCP to Begin—Why it Could Benefit XRP and BTC

European Blockchain Service Infrastructure PCP to Begin—Why it Could Benefit XRP and BTC

The EC seeks industry tenders for the European Blockchain Service Infrastructure (EBSI) - a European blockchain solution that could inadvertently see BTC and XRP soar.

Indian Banks Seeking Clarity from NPCI on the Use of UPI for Crypto Transactions

Indian Banks Seeking Clarity from NPCI on the Use of UPI for Crypto Transactions

NPCI’s formal directive on the use of UPI payment method for crypto transactions is unlikely to come soon.

California's FPPC Updates Campaign Disclosure Rules, Including Cryptocurrency Contributions

California's FPPC Updates Campaign Disclosure Rules, Including Cryptocurrency Contributions

California's FPPC updated campaign rules, including guidelines for cryptocurrency contributions, ensuring compliance with U.S. regulations and transparency in political financing.

How Blockchain Can Mitigate Electoral Malpractices

How Blockchain Can Mitigate Electoral Malpractices

For elections to be credible, they ought to be free and fair. Nevertheless, the voting process may be marred with malpractices, and this hinders transparency. Blockchain is being touted to avert electoral malpractices and voter fraud based on the distributed ledger technology (DLT) presented.

TRX Mortgage Lending Platform  Now Available to Public On TRON’s Nile Testnet

TRX Mortgage Lending Platform Now Available to Public On TRON’s Nile Testnet

The Tron Foundation announced that the TRON TRX mortgage lending platform which is being launched on the Nile test net is available for the public testing phase, according to a medium post on Monday. The foundation believes that the platform will expand the quality of Tron ecosystem and foster awesome ecological prosperity within the loans sector.

Former CoinDesk Editor-in-Chief Pete Rizzo Gets Hired by Kraken Digital Asset Exchange

Former CoinDesk Editor-in-Chief Pete Rizzo Gets Hired by Kraken Digital Asset Exchange

A report from Kraken Digital Asset Exchange, a cryptocurrency exchange firm based in San Francisco, informed that it has hired former CoinDesk journalist, Pete Rizzo who served as an Editor-in-chief in the news industry.

PrimeXBT Review | Key Features Offered By Advanced Trading Platform

PrimeXBT Review | Key Features Offered By Advanced Trading Platform

Reviews of trading platforms are essential in assisting traders with selecting the proper platform for their unique trading style, taste in trading instruments, and features that stand out as must-haves. It can save traders a great deal of time and money, by weeding out the platforms that don’t deserve a deposit.

Senior Worker at Bithumb Triggered Hacking Vulnerability

Senior Worker at Bithumb Triggered Hacking Vulnerability

A senior worker at Bithumb, a leading South Korean crypto exchange, is in a tight spot after a Korean court discovered that he is liable for web safety legislation breaches. As a result, his misdeeds made the crypto exchange vulnerable to a 2017 hack that led to the loss of cryptocurrency holdings worth $6 million USD.

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