Tag Archives: Crypto

Reversible transactions can play a key role in driving adoption of crypto.

The irreversibility of blockchain transactions is often touted as proof of crypto’s security. Because a Transactions can’t be undoneScammers cannot charge back money they have already transferred to buy a product. It provides the ultimate level of protection for sellers – especially those who might have been burned in the past using a third-party servicePayPal […]

Court Won’t Pause Crypto Users’ Shopify Data Breach Suit

By Ryan Harroff (August 26, 2022, 6:17 PM EDT) — A Delaware federal judge on Friday denied e-commerce platform Shopify’s bid to pause a category motion brought against it over a knowledge breach that ultimately cost some cryptocurrency users their digital wallets, stating within the order that the stay would haven’t any positive effect. U.S. […]

Shopify Wants Crypto Owners’ Security Breach Suit Tossed

By Ben Kochman (July 11, 2022, 6:17 PM EDT) — Canadian e-commerce giant Shopify has urged a Delaware judge to toss a suit brought after a 2020 data security incident, arguing that the case does not belong in the U.S. and that consumers impermissibly lumped together three separate corporate entities.  In court papers filed Friday, Shopify’s attorneys […]