OKCoin Joins Square's Crypto Patent Alliance

The cryptocurrency exchange joins prominent members such as Coinbase, Square, and Blockstream in the fight against patent trolling.

Crypto Patent Alliance Questions Craig Wright’s White Paper Copyright Claim

Back in January, the notorious Craig Wright who claims to be Satoshi Nakamoto had his lawyers send letters to a number of websites like bitcoin.org telling them to remove the Bitcoin white paper hosted on their web portals.

New patent-holder wants $18M a month from US Bitcoin ATM operators

Upstart blockchain firm Bots Inc claims it can demand between $14 million and $18 million in monthly revenues after acquiring a patent to Bitcoin ATM technology last month. Puerto Rico-based blockchain and robotics firm Bots Inc has announced it is exploring its options with “a major law firm” to launch litigation against firms operating Bitcoin ATMs across the United States. Two weeks ago, the company acquired a patent for protocols underpinning the operation of Bitcoin ATMs which it believes makes it eligible for millions in monthly royalties. As the owner of intellectual property for technology it claims is fundamental to the operation of Bitcoin ATM networks, Bots’ chief executive Paul Rosenberg is eying “per-transaction” royalties from Bitcoin ATM manufacturers: “Per-transaction royalty payments will be negotiated for a several-year term.