In today’s edition of Crypto Daily News, we’ll cover the winner of the Crypto World Cup, BlackRock eyeing Bitcoin, and the details of American Express’s blockchain exploration.
Charles Hoskinson/France Wins it All
This Saturday, France duked it out against Croatia in the World Cup, and France won 4-2. Here at CryptoCurrencyNews.com, we held our own ‘Crypto World Cup’ in which we randomly paired cryptocurrency celebrities with countries competing in the global tournament.
The Crypto World Cup ended up being a phenomenal event, and we’d like to congratulate Charles Hoskinson/France for coming out on top!
*Side Note: This was a random pairing, and our company received no monetary incentives from celebrities to be paired with a specific team. The tournament was just for fun.
BlackRock Lifts Crypto Market
The CEO of the world’s largest exchange-traded fund (ETF), BlackRock, told Reuters this morning that his company assembled their own group to look into cryptocurrencies. Larry Fink told the publication that his company doesn’t see “massive investor demand” currently, but BlackRock will continue to explore cryptocurrencies regardless.
This news caused a rise in the price of many major cryptocurrencies this morning. According to CoinMarketCap, Bitcoin (BTC) is currently trading at $6,636.08 a coin, up 3.92%. The total market cap for all cryptocurrencies is currently sitting just below $270 billion.
American Express Eyes Blockchain
Last week, the US Patent and Trademark Office released the details of a blockchain patent application submitted by American Express (AMEX). The ‘inventors’ of this proof-of-payment system using blockchain technology all reside in Phoenix, AZ.
The financial services giant is hunting for a better way to prove when transactions occur, and it seems a number of American Express employees feel blockchain could be the solution. AMEX’s patent highlights the tech’s role in retaining “transaction data, contract data, identification data, proof-of-payment data and/or other other information desired.”
The patent was filed back on January 12th, 2017. Since then, AMEX has filed other patents centred around blockchain technology and is currently in trials with a custom Membership Rewards program using Hyperledger’s blockchain tech.
And that’s today’s Crypto Daily News segment.
Featured Image: si.com