Patent at Crux of MakerDAO Lawsuit Purchased, Ending Crypto Tech Dispute
The DeFi Education Fund (DEF) on Monday reached an agreement with True Return Systems (TRS) to purchase a patent for oracle-like technology. The disputed patent was at the heart of two legal complaints against MakerDAO and Compound, a pair of decentralized finance protocols. An oracle is an entity that connects a blockchain to an external system, such as a digital-asset price feed, and is a critical tool in DeFi. The purchase ends the fight against the firm, which the DEF once characterized as a...