Blockchains and Bagels: the morning market update to get you ready for the day ahead. Today, the foundation behind EOS, Block.one, is rumoured to be closing a new funding round that includes Peter Thiel and Bitmain.

Block.one rumoured to close funding round that includes Peter Thiel and Bitmain

The foundation behind EOS is rumoured to be near closing another round of funding. Bloomberg reports Peter Thiel, Bitmain, Louis Bacon and Alan Howard as prospective investors in the latest round.

Goldman Sachs’ incoming CEO is looking to add bitcoin and digital assets

David Soloman, who will be taking over as CEO, is optimistic on bitcoin and digital assets. The bank will explore adding bitcoin and digital assets to its portfolio of services. The change comes amid increasing client demand.

Mastercard has a new patent that could allow bitcoin transactions on credit cards

On Tuesday, Mastercard won a patent that would enable the management of “fractional reserves of blockchain currency”. Mastercard acknowledged, in their filings, that there is an increase in the usage in blockchain currencies by consumers. Currently, Mastercard does not have any products in the market related to this patent.

The Large Credit Union Coalition of Canada has joined the R3 network

The consortium of Canada’s largest credit unions will join the R3 enterprise blockchain network. The LCUC represents over C$125 billion in assets across sixteen members. The partnership adds to R3’s group of financial institutions exploring blockchain solutions in financial services.

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Through the headlines

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