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US Law Firms Had Data Stolen and Encrypted by Hackers Demanding Crypto Ransoms

US Law Firms Had Data Stolen and Encrypted by Hackers Demanding Crypto Ransoms

There has been a recent report of an online breach in five United States law firms as it has been compromised by hackers demanding two 100 Bitcoins (over $933,000 at the time of this report) from each firm. The ransom demanded by the hackers was expected to be paid in parts, one to allow access to the data and another to delete the hackers' copy of the data instead of selling it.

Women Taking on the Mantle of Leadership in Blockchain and Crypto Law

Women Taking on the Mantle of Leadership in Blockchain and Crypto Law

Women cryptocurrency and blockchain lawyers are taking the helm in several major law firms as they are leading blockchain practice groups in at least a half-dozen reputable law firms, such as McDermott Will & Emery, Morrison & Foerster, and Goodwin Procter.

Harvey AI Expands Beyond Law Firms With 500 In-House Legal Teams Now on Platform

Harvey AI Expands Beyond Law Firms With 500 In-House Legal Teams Now on Platform

Legal AI startup Harvey now serves 500+ corporate legal departments alongside 1,000 law firm customers, enabling firm-client collaboration as company eyes $11B valuation.

India Considers New Law to End Crypto Trading Despite Numerous Overturns by the Supreme Court

India Considers New Law to End Crypto Trading Despite Numerous Overturns by the Supreme Court

The Indian government is planning to bring in a new law to ban cryptocurrency trading, following the prohibition of banks and financial services to provide services related to crypto.

US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms

US Supreme Court Rules Against SEC’s Ability to Fine Crypto and Blockchain Firms

The US Supreme court has limited the amount in punitive fines that the US Securities and Exchange Commission (SEC) can impose on cryptocurrency and blockchain firms, in a historic ruling yesterday.

Will Hong Kong's Status as an International Digital Financial Hub be Affected by the National Security Law?

Will Hong Kong's Status as an International Digital Financial Hub be Affected by the National Security Law?

2020 has been quite a year for Hong Kong, marked by months of political unrest, the emergence of the coronavirus pandemic, and a sweeping new national security law that China imposed on the city. The national security law, unanimously passed by China’s ruling Communist Party, sets up against secession, subversion, terrorism, and collusion with foreign forces to endanger national security.

India’s Government Plans to Bring Back Law to Ban Cryptocurrencies

India’s Government Plans to Bring Back Law to Ban Cryptocurrencies

A report revealed that the Finance Ministry is now inviting other ministries to have a discussion of its earlier draft on the crypto ban introduced a year ago.

Wyoming State Says Cryptocurrency Represents Property, Allows Insurers to Include Digital Assets in Investment Portfolios

Wyoming State Says Cryptocurrency Represents Property, Allows Insurers to Include Digital Assets in Investment Portfolios

The US. state of Wyoming has enacted new legislation to allow insurance firms to invest in digital assets like cryptocurrencies. The new law intends to come into effect on 1st July.

Liechtenstein's Ground-Breaking Blockchain Business Law At a Glance

Liechtenstein's Ground-Breaking Blockchain Business Law At a Glance

Liechtenstein's introduction of the world’s first blockchain business law represents an important milestone in the evolution of legal frameworks to support blockchain business.

Chinese Firms Hold Overwhelming Majority of Global Blockchain Patents

Chinese Firms Hold Overwhelming Majority of Global Blockchain Patents

Chinese firms have been stockpiling blockchain patent applications leaving other nations behind and outpacing the United States 3 to 1.

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

Tether (USDT) stablecoin issuer, IFinex and its subsidiary, Bitfinex exchange are facing charges of allegedly manipulating the price of Bitcoin in 2017. Although the company, on the other hand, is vehemently in denial of the charges levelled against it.

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.

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