Content theft has persisted as one of the worst ills of the internet generation. Data breaches and identity thefts have always left victims with a sour taste. Bitcoin wallets have been hacked and owners’ wealth stolen on several cases. Are there ways to ultimately prevent one’s wallet from being hacked? Is there any way of recovering stolen funds from a hacked wallet? Are exchanges obliged to refund Bitcoins stolen from a virtual wallet? Every hoster of virtual wallets and exchanges will always inform wallet owners of the importance of employing sometimes very basic, and at other times a bit more …
There are millions of Bitcoin wallets all around the world. This is a fact. Some use Bitcoin daily for transactions or the Blockchain to sign contracts; but someone else could decide to invest their money in Bitcoin long-term… And what if this person dies? Who will get those Bitcoin investments? Is there any regulation about Bitcoin heritage? “Of course it depends on the jurisdiction of deceased person”, said Cointelegraph Blockchain Legal Lawyer Dmitry Machikhin. “As I know the only State where such regulation was made is Delaware in U.S. Concerning this law, families are able to access the digital assets …