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JPMorgan Files New Patent for Virtual Receipts on Distributed System

JPMorgan Chase & Co has filed a new patent for a system that leverages blockchain for the management of virtual receipts backed by assets or bonds, according to a US Patent and Trademark Office (USPTO) patent filing published July 19. The new patent, titled “Systems...

The Countries Which Adopted, Rejected or Researched the Concept

On July 5, Germany rejected the idea of issuing a central bank-issued digital currency (CBDC) — the Ministry of Finance deemed it would be “too risky” to implement one. The concept of CBDCs, or national digital currencies — the scenario in which the trend of digital...

Institutional Investors Provide 56% of Capital Inflow

The first-ever crypto investment report released July 18 by digital asset management fund Grayscale Investments reveals that the majority of capital inflow this year is coming from institutional investors. Grayscale has been overseeing investments into crypto for five...

Bank of America Reveals Blockchain Patent for External Data Validation

Bank of America (BoA) has filed a patent for a blockchain-based system allowing the external validation of data, according to a United States Patent and Trademark Office (USPTO) patent filing released July 17. BoA’s patent filing proposes using blockchain for tracking...

Cryptojacking is Plateauing in Response to Markets

Interest in cryptojacking is potentially waning among cybercriminals in response to lower cryptocurrency market valuations, according to a report from MalwareBytes Labs released July 17. Cryptojacking is the practice of using a computer’s processing power to mine for...

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