Craig ‘Satoshi’ Wright Claims to Have Filed 666 Blockchain Patents

The race to file blockchain patents has accelerated lately with one specific firm, Nchain Holdings, attempting to capture hundreds of distributed ledger-related patents. According to reports, self-proclaimed Satoshi – Craig Wright – and his Nchain business claim to have filed 666 patent applications to date, capturing a gigantic portfolio of intellectual property. Also Read: Jeff…

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Spain’s 2gether Unveils Crypto Debit Card, as Polispay Is Forced to Cancel Its Mastercard

2gether, a Spanish banking platform, has announced the launch of its prepaid Visa debit card that allows holders to pay for goods and services using cryptocurrency. Customers can use the card to make payment in euros or via bitcoin core, bitcoin cash, ripple, ethereum, EOS, litecoin and stellar. Also read: Cboe Discontinues Bitcoin Futures for…

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This Cryptocurrency Surged 200% after a Good Old Pump from Mastercard

On March 11, Groestlecoin surged by 206 percent against the U.S. dollar within several hours, easily outperforming Bitcoin and the rest of the crypto market. Groestlecoin has retracted by a small margin since its initial spike but it still remains up by more than 172 percent against Bitcoin. 7-Day Groestlecoin Price Chart (Source: Coinmarketcap.com) Meanwhile,…

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Mastercard Patent Claims Cryptocurrency Can Benefit From Fractional Reserve Banking

U.S. multinational financial services corporation Mastercard wants to apply principles of fractional reserve banking to cryptocurrency, a new patent application published Thursday, Oct. 25 reveals. According to the document, published by the U.S. Patent & Trademark Office (USPTO), the payment processor has plans to allow merchants to interact with what it calls “blockchain currencies” via…

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Are Mastercard and VISA Cutting Out Unregulated Crypto Brokers and ICOs?

On October 12, Finance Magnates reported that payment giants Mastercard and VISA will both soon group cryptocurrency and Initial Coin Offering (ICO) jurisdictions in a new “high risk” category. What are the consequences for those ‘high risk’ merchants? According to the publication’s undisclosed sources, the ban will be applied to brokers who operate “from unregulated…

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Mastercard CEO Calls Anonymous Cryptocurrencies ‘Junk,’ Again

Ajaypal Banga, the CEO of Mastercard, blasted cryptocurrencies during the “New India Lecture” at the Indian Consulate earlier this week, The Times of India reports Thursday, July 26. Banga described anonymous, non-state-issued cryptocurrencies as “junk,” because their prices can fluctuate “wildly” and thus they do not “deserve” to be considered a medium of exchange. Speaking…

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