China Has Registered 60% of the World’s Blockchain Patents - Report


Chinese companies and government organizations registered a staggering 7,600 blockchain-related patent applications between 2009 and 2018, with e-commerce giant Alibaba alone registering 512 patents, according to Japanese researchers. Nikkei reports that, per Japanese research company Astamuse...

Bitcoin Mining Equipment Giant Canaan Fails to Raise USD 100 Million


The second largest producer of Bitcoin mining equipment, China-based Canaan, has finally completed its initial public offering (IPO) after the third attempt, raising less than estimated. While many have estimated that the company will raise USD 100 million at a USD 1.6 billion market...

Maduro Plans to Give Venezuelan Pensioners Petro as Christmas Bonus


Regional news outlets from Venezuela have revealed that President Nicolás Maduro plans to dole out petro as a ‘Christmas bonus’ for Venezuelan retirees and pensioners. Moreover, despite the fact that many Venezuelans say average citizens don’t use the petro, Maduro also...

Paypal CEO Admits He Owns Bitcoin


The CEO of Paypal, Daniel Schulman, has revealed in an interview that he personally owns bitcoin. He also talked about Paypal’s plans regarding cryptocurrency, how to achieve mass adoption, and why Paypal decided to leave Facebook’s Libra project. Also read: US to Strictly Enforce...

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