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Official: Alipay to Ban All Bitcoin-Related Transactions

News Alipay, a digital payment arm of Chinese e-commerce giant Alibaba, declared that it will be banning any transactions related to Bitcoin (BTC) or other cryptocurrencies. Combating illicit playersOn Oct. 10, Alipay has reiterated its anti-crypto stance in a Twitter thread, elaborating that the ..

Chinese Homecoming — Crypto Companies Make Their Way Back to Asia

Analysis In what is being considered a major step forward for Binance, CEO Changpeng Zhao (aka CZ) recently announced that his firm was all set to make its first strategic investment in China since leaving the Asian powerhouse back in 2017. At the time, the government had enforced a local crypto ..

Samsung’s Blockchain SSD Patent Could Disrupt Crypto Mining

Analysis Electronics giant Samsung filed for a patent in May 2019 titled, “Programmable Blockchain Solid State Drive and Switch.” Even though few details are known about the newly designed system, a surge in patent applications filed by large corporations on blockchain is clearly visible. Related:..

Alibaba Files US Patent for Blockchain Domain Name Management System

News Chinese online retail giant Alibaba has applied for a United States patent entitled “Domain Name Management Scheme for Cross-Chain Interactions in Blockchain Systems.” Alibaba filed its latest application on Aug. 15 in a continuation of an application filed in November 2018. According to the..

IBM Triples Number of Blockchain Patents in US Since Last Year

News Tech giant IBM has tripled the number of blockchain patents secured in the United States since last year, currently boasting over 100 active patent families. That makes IBM’s growth in US patents the largest of last year, according to a report by BeinCrypto on July 16. According to data gathe..

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