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Chinese Companies Lead Blockchain Patent Race + More News

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Crypto Briefs is your every day, bite-sized digest of cryptocurrency and blockchain-related information – investigating the tales flying beneath the radar of as we speak’s crypto information.

Blockchain information

  • Chinese language corporations have topped new international blockchain patent tables, stories media outlet East Cash, quoting information from IPR Each day. The latter has compiled a listing displaying that Alibaba’s Alipay e-pay subsidiary sits within the #1 slot, with 2,344 blockchain-related patent filings, adopted by IT big Tencent with 1,296 and Shenzhen-based insurance coverage agency Ping An with 765. Non-Chinese language corporations function additional down the desk, and embrace IBM in seventh spot and Mastercard in 15th.
  • Blockstack PBC, the corporate constructing core protocols for decentralized computing community Blockstack, has launched the Stacks 2.zero Testnet. In line with the press launch, this public testnet will enable blockchain builders and miners to take part within the deployment of Blockstack’s new consensus mechanism, known as Proof of Switch (PoX), in addition to trial Readability sensible contracts. In the meantime, working in direction of the mainnet, Blockstack PBC will work alongside potential miners and testers by way of testnet phases to arrange the community for the Stacks 2.zero improve by unbiased miners in mid-2020, it says.

Profession information

  • CEO of US-based physically-settled Bitcoin futures buying and selling platform Bakkt, Mike Blandina, has stepped down from that function to affix JPMorgan Chase & Co, American multinational funding financial institution and monetary companies holding firm, to work in funds, stories Reuters, citing a memo. Per the press launch by Bakkt’s dad or mum firm Intercontinental Trade (ICE), David Clifton has been appointed as Interim CEO of Bakkt, Clifton joined ICE in 2008, serving beforehand as Affiliate Normal Counsel, M&A.

Exchanges information

  • South Korean market-leading crypto trade Upbit has introduced a brand new partnership take care of Chainalysis, per a press launch. Below the phrases of the settlement, Upbit’s abroad branches in South East Asia, beneath the Upbit APAC umbrella, will start utilizing Chainalysis-developed Know-Your-Transaction (KYT) options in a bid to drive up security and meet ever-evolving regulatory compliance pointers.
  • Huobi Japan is hopeful of profitable the appropriate to record its native Huobi Token subsequent month, per Fisco (through Gentosha). The transfer can be a primary for Japanese exchanges, which now want to satisfy stringent listings laws imposed by the Monetary Providers Company, the federal government company answerable for the nation’s crypto business, in addition to the self-regulatory Japanese Digital Foreign money Trade Affiliation.
  • South Korean trade Bithumb and different blockchain know-how and crypto-related corporations have raised over USD 81,000 in cryptoassets for the Korean Purple Cross. The trade ran a marketing campaign that noticed the platform’s clients, workers and companions increase and hand over donations in bitcoin (BTC), XRP and ethereum (ETH), stories Hanguk Kyungjae. One blockchain firm additionally handed the Korean Purple Cross a consignment of protecting face masks.
  • Fintech BTSE has launched a brand new instrument that gives merchants a multi-currency settlement choice, dubbed the BTSE OTC RFQ (Request for Quote). Per the press launch, merchants can use the instrument to get a quote on a hard and fast and agreed-upon worth earlier than buy, thus having the ability to transfer by way of bigger orders with out drastic worth modifications and keep away from the worth ‘slippage’ that occurs when executed costs prove completely different from anticipated costs.


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