Block Network

July 24, 2020

Former Ethereum Researcher Seeks a Change of Venue for North Korea Court Case

Ethereum Researcher Virgil Griffith seeks a court venue change as well as internet usage as part of ongoing legal ordeal. Ethereum Foundation researcher Virgil Griffith plans to request changes to a court case against him — the result of a trip to North Korea.Griffith “will now seek to get the case moved for lack of […]

A Deep-Dive Into Some of the ZERO Wallet’s Advanced Security Features

Cointelegraph gets techy with CEO Ruben Merre, on some of the NGRAVE wallet’s security advances. From its initial announcement back in April to the $430,000 raised in the recently completed crowd-sale, the NGRAVE ZERO has created huge buzz in the crypto community. Billed as the most secure hardware wallet available, the permanently air-gapped ZERO is […]

New Ruling Classifying Bitcoin as ‘Money’ Isn’t Anything Special

A D.C. court ruled that Bitcoin is money during a recent legal case, although the classification in this context already exists under legal expectations in much of the country. A recent Washington D.C. court case saw a man prosecuted on multiple counts for running a Bitcoin (BTC) tumbler — a method of hiding Bitcoin transactions.The […]

Ukrainian Ministry Plans to Track Crypto Transactions With Bitfury

Ukraine’s Ministry for Digital Transformation will be tracking illicit crypto transactions with a crypto analytics startup backed by Bitfury. The Ministry for Digital Transformation of Ukraine, a major government authority behind local crypto regulation, will be implementing Bitfury’s crypto analytics tool to track crypto transactions.As officially announced on July 23, the Ministry has signed an […]

Poloniex Adds US Election-Based Trades

Poloniex has added crypto assets based on President Trump’s re-election. With the 2020 U.S. presidential election looming, crypto exchange Poloniex has added a way to bet on the outcome.“TRUMPWIN and TRUMPLOSE are the first new assets to join our Innovation Zone today,” Poloniex said in a recent statement.Assets valued according to election resultsThe Poloniex listing […]

Income Inequality: Can Bitcoin or Other Cryptocurrencies Fix This?

Despite the benefits of crypto being in the hands of the few, the current crisis may be a harbinger of change. The COVID-19 pandemic has forced economies to a halt and stretched the central banking system. Central banks have been printing money on a scale like never before, which makes the 2008 financial crisis pale […]

Mainstream Institutions No Longer Have Regulatory Reasons to Fear Crypto

Institutions on the fence about crypto involvement may no longer fear legal uncertainty, given recent crypto custody regulatory clarity. Recent regulatory transparency provided by U.S. banking regulator, the Office of the Comptroller of the Currency, or OCC, may give interested institutions the confidence to enter the crypto industry.“For those of us who have been building […]

Price Analysis 7/24: BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, CRO, LINK

Ethereum price looks to make a new 2020 high as Bitcoin bulls fight to hold BTC price above $9,600. Bitcoin (BTC) has covered a considerable amount of ground over the past few years. Initially considered as an asset mostly used for unlawful activities, it has finally received the approval of the Office of the Comptroller […]

Rumor Has It Polkadot is Preparing to Launch a Token Sale Soon

The Polkadot project appears to be launching its second token sale after a “building with Polkadot” page is published. Persistent rumors on Polkadot channels and groups and a series of forms and NDAs to “build with Polkadot” suggest that the project may soon run a new token sale for its token, the DOT.The purported dashboard […]

Law Decoded: Lawmakers in World’s Largest Markets Warm to Crypto, July 17-24

Major breakthroughs the U.S., Russia and China lead this week’s cryptocurrency policy news as it looks like everyone is trying to bring the industry in from the cold. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor’s noteWithout breaking out the fanfare prematurely, it has […]