HUMBL issued US patent for blockchain payments technology
The company’s CEO described getting a blockchain patent in the US as “a very challenging process.”
Related Posts
Is the Ukraine war intensifying regulatory pressure on crypto firms?
Whose side are you on? The Ukraine-Russia war is forcing people to answer that question. For some in the crypto community, this can be uncomfortable because if an individual or project stands with the West against Russia, it also means it abides by sanctions. This can be tough to square with crypto/blockchain’s supposed decentralized system…
Australian exchange enlists PayPal as banks ‘close ranks’ against crypto
The new partnership offers investors extra choice and “mitigates the risks” of Australian crypto banking blocks, said Independent Reserve CEO Adrian Przelozny. 392 Total views 5 Total shares The CEO of Australian crypto exchange Independent Reserve says it has turned to payments giant PayPal to hedge against increasing bank restrictions against crypto exchange payments.The exchange…
FBI will use NFTs to contact victims of crypto fraud scheme Clucoin
The FBI will notify victims of a $1.1 million fraud scheme through NFTs after the founder pled guilty to using the funds to fund his online gambling habit.
JPMorgan Chase Settles in Suit Over Credit Card Crypto Purchases
The sixth-largest bank worldwide, JPMorgan Chase Bank, has settled a lawsuit over unannounced changes made to the fee structure applied to cryptocurrency purchases made using its credit cards in 2018. The details of the settlement have not been disclosed.Plaintiffs Brady Tucker, Ryan Hilton, and Stanton Smith accused Chase Bank of violating its cardholder terms of…
Europe’s digital ID wallet — Easy for users or a data privacy nightmare?
On March 15, the European Parliament voted 418 to 103 (with 24 abstentions) in favor of negotiating a mandate for talks with the European Union member states about revising the new European Digital Identity (eID) framework and creating the “European Digital Identity Wallet,” also known as EUDI Wallet or EU wallet. Citizen’s IDs, health cards, certificates…
Ethereum Classic gets ‘endorsement’ from Vitalik Buterin, but ETC price still risks 50% crash
ETC's ongoing price rebound looks eerily similar to a bull trap event from 2021. 56 Total views 4 Total shares Ethereum Classic (ETC) continues to reap benefits from its blockchain rival Ethereum's upcoming transition from proof-of-work (PoW) to proof-of-stake (PoS). Vitalik Buterin likes Ethereum ClassicNotably, ETC's price jumped by a little over 20% to reach $27.50,…
$100K BTC? Don’t undervalue Bitcoin ETF influence, says Adam Back
The COVID-19 pandemic, rampant inflation and regional conflicts directly influenced Bitcoin’s (BTC) drop in value over the past two years. However, 2024 promises to be a resurgent period, according to Blockstream CEO Adam Back.The cryptographer, who pioneered the proof-of-work algorithm applied in Bitcoin’s protocol, tells Cointelegraph that the preeminent cryptocurrency is trailing below the historical
American Citizen Arrested For Educating North Korea On Blockchain And Crypto
Today United States prosecutors announced the arrest of Virgil Griffith, who allegedly traveled to the Democratic People’s Republic of Korea (DPRK) to deliver a presentation on how to use cryptocurrencies and blockchain technology to circumvent sanctions.According to the November 29 announcement, the 36-year-old Griffith was arrested at the Los Angeles International Airport, and will be…