Block Network

July 9, 2020

WEF’s Sheila Warren: Mass Adoption Depends on Bridging Digital Divide

The Head of Blockchain at the World Economic Forum says people excluded from traditional financial systems will help drive mass adoption. The World Economic Forum’s head of blockchain and data policy, Sheila Warren, says that people who have turned away, or been excluded, from traditional financial systems are the ones most likely to drive mass […]

If Crypto Traders Abandoned Litecoin Why Are Investors Hoarding LTC?

On-chain and trading data signal that traders have abandoned Litecoin, but for some reason long-term investors are hoarding LTC. Price wise, Litecoin (LTC) has had a pretty rough year and currently the altcoin is down 51% over the past twelve months. The lack of GitHub activity and planned protocol upgrades have Litecoin co-founder Charlie Lee […]

Bitso Hits 1M Users as Crypto Adoption Spikes in Latin America

Ripple and Coinbase-backed cryptocurrency exchange Bitso has topped Argentina’s crypto market in the six months after launch. Bitso, one of the biggest cryptocurrency exchanges in Latin America, has hit 1 million users prior to its upcoming launch in Brazil.Santiago Alvarado, director of cross-border payments at Bitso, discussed the latest developments in leveraging crypto for cross-border […]

July 8, 2020

Dave Portnoy Calls Dogecoin Effort a Pump and Dump

Barstool Sports’ founder weighs in on the Dogecoin Tik Tok pump scene. Dave Portnoy, founder of Barstool Sports, recently ranted about the recent shilling of Dogecoin (DOGE) via Tik Tok. “What’s going on with Dogecoin!?” Portnoy said in a recent video posted on Twitter. “It’s a pump and dump,” he added, calling Dogecoin “bubbly rosé.”Tik Tok DOGE […]

Anonymous Crypto Hacker’s Identity Revealed by US Authorities

The U.S. Department of Justice unveiled the identity of the hacker behind the pseudonym “fxmsp” after charging him with federal crimes. The U.S. Department of Justice, or DoJ, indicted Andrey Turchin, known under the pseudonym “fxmsp,” with various federal crimes. Turchin allegedly founded a cybercrime group that targeted the computer networks of several companies. After […]

Business Consensus May Be Blockchain’s Main Challenge

Dr. Ali Loveys says the biggest challenge in the blockchain space is not about the tech, but rather defining the right business value. During a Unitize panel on Wednesday, Ali Loveys commented that the biggest challenge in  the blockchain space is not the technology itself, but rather whether the business model or values make sense […]

Researcher: Exchanges Could Fight Hackers By Renting Mining Power

A researcher suggested that exchanges could “rollback” hacks by renting mining power from online marketplaces. Speaking at Unitize virtual event, Coin Metrics researcher Lucas Nuzzi suggested that one way for exchanges to fight back against the hackers is by renting mining power from online marketplaces.6 confirmations ticking countdownNuzzi conjectured that an exchange which has been […]

China’s CBDC Project to Collaborate With More Domestic Enterprises

A major Chinese e-commerce platform and a video sharing site have reportedly joined China’s CBDC project. Development of China’s central bank digital currency, or CBDC, continues to show signs of progress. On July 8, a major domestic e-commerce platform and a video sharing site both joined the CBDC project, according to local news. Companies Meituan and […]

This Startup Is on a Quest to Make Decentralized Exchanges Viable for Pros

The Vega Protocol claims to have found a solution to sustainably bootstrap liquidity for decentralized exchanges. The founders of the Vega Protocol believe that the concept of order book-based decentralized exchanges is not quite dead yet.A key component of their quest to reinvigorate the concept was announced on Wednesday as a research paper. Titled “Market-Based […]

Price Analysis 7/8: BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, CRO, EOS

Bitcoin is range-bound but altcoins are rallying, indicating increasing interest among traders looking to make sizable gains off altcoins. Altcoins have been buzzing around this week and this has reduced Bitcoin’s (BTC) dominance to 63%. Pantera Capital founder Dan Morehead believes that altcoins are going to outperform Bitcoin, the top-ranked asset on CoinMarketCap, over the […]