Sunday, September 20, 2020
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Square launches cryptocurrency patent alliance to fight the trolls

Square, the U.S.-based financial services company headed by Twitter’s Jack Dorsey, is establishing a consortium to fight patent trolling and ensure open access to technology in the crypto sector.The ‘Cryptocurrency Open Patent Alliance’ (COPA) seeks to democratize access to innovative technologies in the crypto sector, asserting that “open access to

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Huobi Launches Crypto Saving Products to Compete With DeFi Yield Farming

Huobi, the third-largest crypto exchange by derivatives trading volume, is now giving users a way to earn relatively attractive interest rates on a bitcoin or USDT savings account. The product, launched Sept. 7, is the exchange’s latest bid to beat its competitors as it boosts its assets under management.  Huobi’s addition

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Mastercard launches virtual testing environment for central bank currencies

Mastercard announced on Wednesday the release of a proprietary tool targeted to central banks that wish to test their Central Bank Digital Currency, or CBDC.Over 70% of central banks are entertaining the idea of a digital currency in some form, a Bank of International Settlements report noted. While few have

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