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META takes further steps towards crypto adoption by joining Crypto Open Patent Alliance

Meta, formerly known as Facebook, joins the Crypto Open Patent Alliance (COPA), a nonprofit crypto community founded by The Block, formerly known as Square Inc.  Crypto Open Patent Alliance, as reported on their website Open Crypto, ” is a community of like-minded people and companies formed to encourage the adoption and advancement

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Meta Joins Block’s Crypto Open Patent Alliance as Diem Reportedly Winds Down

Meta will join over two dozen other companies who, by joining COPA, have pledged not to enforce their “core cryptocurrency patents” – broadly defined by Max Sills, the general manager of COPA as any “technology that enables the creation, mining, storage, transmission, settlement, integrity, or security of cryptocurrencies.” Source

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Disney Moves Toward the Metaverse With Approved US Patent to Create a ‘Virtual-World Simulator’ – Metaverse Bitcoin News

A recently discovered patent shows the American multinational entertainment and media conglomerate, Walt Disney Company, was approved by the United States Patent and Trademark Office (USPTO) for a “virtual-world simulator” patent. The simulator is composed of a “three-dimensional (3D) map of the geometry of the real-world venue.” Disney’s Virtual-World Simulator Patent

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AGM Group Affiliate HighSharp Named In Patent Infringement Lawsuit By Canaan

Beijing, China, November 12, 2021 – AGM Group is aware of a lawsuit filed by Canaan on November 3, 2021, which names its affiliate HighSharp and Sichuan Yibimei  Technology Co. for patent infringement. Canaan has requested both companies halt their infringing practice and compensate for economic losses and expenses to

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China Sees Most Blockchain-related Patent Applications, Followed By U.S., South Korea: Report

A new data report shows there were about 55,000 blockchain-relate patents applications filed by 7,800 companies from 47 countries and regions during the period between the beginning of 2015 to June 2021, and China has seen the largest share of these applications, as the country has been boosting the development

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More institutional adoption as Marathon Patent Group purchases $150M in Bitcoin

Nevada-based crypto mining firm Marathon Patent Group has invested $150 million in Bitcoin as a reserve asset.Marathon announced today that it has purchased more than 4,812 Bitcoin (BTC) for $150 million through the New York Digital Investment Group — an average price of $31,168 per coin. CEO and chairman Merrick

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