Block Network

May 31, 2020

Russian Police Arrest Former Post Office Branch Chief for Mining Crypto at Work

Former chief of Russian Post local branch is arrested on suspicion of running a crypto mining farm inside the office for almost six months. The Russian Police launched a criminal investigation against a former Russia’s regional post office chief, who managed to mine cryptocurrencies through the office’s network in a town of Mineralnye Vody located […]

$10,000 Bull Trap? Why Bitcoin Price Is Now Likely to Pull Back

Bitcoin price is up 25% for the month of May, but is a pullback now imminent? Bitcoin (BTC) price was once again sideways last week with price action between bulls and bears proving to be equal. But scenarios look likely for Bitcoin as we approach the month of May comes to a close?Let’s take a […]

Indian Banks Still Cryptophobic Despite No Banking Prohibition

Here are the legal resources available to Indian crypto users and businesses if a bank has declined services out of cryptophobia. In a recent response to a Right to Information query, the Reserve Bank of India, the Indian central bank, has stated that there is no prohibition on banks to provide bank accounts to cryptocurrency […]

Crypto and Fiat Currencies Are Worlds Apart, Here Are the Reasons Why

Amid this current crisis, the Bitcoin halving highlights core differences between fiat and crypto monetary systems and the distribution of power in both. One of the core narratives of Bitcoin (BTC) since inception is the oft-stated goal of separating money and state. While this has certainly been a powerful creed in the currency’s early adoption […]

Swiss Regulators Green Light Crypto Transactions for Local Bank

InCore bank becomes the first Swiss business-to-business bank approved by the financial watchdog to operate with digital assets. The Swiss Financial Market Supervisory Authority, or FINMA, has authorized InCore bank to carry out digital assets transactions, allowing customers worldwide to access and transact within the bank.The official announcement represents an important step in creating a […]

Ransomware Attack Kidnaps Austrian City

An ongoing ransomware attack targets the public services infrastructure of Weiz. Malware team, NetWalker, launched a ransomware attack against the Austrian village of Weiz. This attack affected the public service system and leaked some of the stolen data from building applications and inspections.According to the cybersecurity firm, Panda Security, hackers managed to penetrate the village’s […]

Cointelegraph Joins World Economic Forum’s Strategic Intelligence Network

Cointelegraph has partnered with the WEF to integrate our crypto industry news and analysis feed to its Strategic Intelligence network. We are excited to announce that Cointelegraph has joined the World Economic Forum’s Strategic Intelligence contributor network as a content partner, supplying the latest blockchain and cryptocurrency industry news, market analysis and op-eds into its […]

Cryptocurrency News From Japan: May 24 – May 30 in Review

Bitflyer showed 2019 losses, blockchain startup LayerX raised millions, and more headlined news from Japan this past week. This week’s headlines from Japan included GMO Coin exchange polling customers on their view of digital assets, Lisk opening a base in Japan, Bitflyer showing 2019 net losses, blockchain startup LayerX securing significant funding, and two entities […]

Custodian With 100k Users Plans to Tokenize $13 Billion in Assets

Kingdom Trust, a regulated custodian managing over $13 billion in assets, wants to tokenize the more than 20,000 assets that it currently custodies. Kingdom Trust, a South Dakota-based custodian managing more than $13 billion assets, is closely eying the tokenization sector.Speaking to Cointelegraph, Kingdom Trust chief executive, Ryan Radloff, revealed that the firm wants to […]

May 30, 2020

Bitcoin Rising, Satoshi Discoveries, & Google Enters the Race: Bad Crypto News of the Week

Check out this week’s Bad Crypto News It’s been a strange week for BTC as we move forward in our new mining rewards era. The price ends the week down but a late rally has pushed it back over $9,000. Technical analysts expect Bitcoin to continue rising based on the liquidation range of short positions, […]