Blockchain could help shared device merchants avoid credit card fees, MasterCard says. MasterCard’s Singapore-based subsidiary filed a patent with the U.S. Patent Office detailing a payment system for using hardware devices that specifically mentions Iota’s (MIOTA) Tangle technology. The patent claim, published on Aug. 20, proposes a pay-as-you-go system that uses a “transparent data storage […]
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This is how Ripple’s next product might be called. Ripple, a major cryptocurrency firm developing XRP-based products, continues to actively claim rights on new business trademarks. Over the past month, the company filed four trademark applications to the United States Patent and Trademark Office (USPTO), according to publicly available data on the USPTO website. The […]
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The operator of Australia’s ‘PayID’ payments network is suing Ripple Labs over its use of ‘PayID’ branding. Ripple is facing a lawsuit from New Payments Platform Australia (NPPA) — a consortium that includes every significant bank in Australia. While court documents are yet to have been made public, it is believed the suit alleges intellectual […]
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Can blockchain help settle the mail-in voting debate? The United States Postal Service, or USPS, recently filed a patent for a mail-in voting system that utilizes Blockchain and other technologies for verification. Responding to an inquiry from Cointelegraph, U.S. Representative for Florida’s 9th district, Darren Soto, voiced his excitement about this prospective development. “I think […]
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Check out this week’s Bad Crypto podcast. It’s back to stability for Bitcoin this week as the currency continues to knock at the $12,000 ceiling. Where will it go next? One analyst sees a Battle Royale as whales try to push towards $14,000. Other investors are more optimistic. They see Berkshire Hathaway’s recent sale of […]
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As protests rage in Belarus and Alexei Navalny remains in a coma, we look at new developments in crypto across the former USSR. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note The political machinations of Eastern Europe have dominated recent headlines. Protests […]
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Layer1 — a Bitcoin mining firm backed by PayPal co-founder Peter Thiel — was accused of copyright infringement. United States-based cloud computing company Lancium LLC has filed a lawsuit against Bitcoin (BTC) mining firm Layer1 for patent infringement in the Western District Court of Texas. According to a complaint filed on Aug. 14, the power […]
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Is it enough to meaningfully resist election fraud? A new patent has been filed by the U.S. Postal Service, or USPS, following recent comments from President Donald Trump concerning the mail service’s funding in light of his fight against mail-in voting. The patent appears to use Blockchain technology to make mail-in voting a safe alternative […]
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The long arm of the law comes for another ICO. The U.S. Securities and Exchange Commission, or SEC, publicized legal action against another 2017 Initial Coin Offering, or ICO. Boon.Tech and Rajesh Pavithran, the project’s CEO, face fraud accusations from the commission, as well charges associated with securities registration, an Aug. 13 statement from the […]
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The time has come for policymakers and regulators to provide a workable pathway that allows blockchain tech to develop and grow. In February, United States Securities and Exchange Commission Commissioner Hester Peirce was asked to give her opinion on the SEC’s case against Telegram. She declined to comment at the time, as SEC officials do […]
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