Here’s what happened in crypto today
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Today in crypto, Circle is acquiring IBM’s blockchain patent portfolio, adding nearly 1,000 patents to become the largest holder of blockchain patents in the US. Coinbase CEO Brian Armstrong said AI agents will drive demand for crypto-based financial services, while Storj filed for Chapter 11 bankruptcy protection but said its network will continue operating as it explores a court-approved ownership pathway for STORJ tokenholders.
Circle is acquiring IBM’s blockchain patent portfolio, adding nearly 1,000 issued patents in a move that significantly expands the USDC issuer’s intellectual property holdings.
The acquisition includes more than 680 patent families and nearly 1,000 patents, although the companies did not disclose financial terms. Circle said the deal will make it the largest holder of blockchain patents in the United States, strengthening its position as it builds infrastructure for an internet-native financial system.
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