Block Network

July 8, 2020

Bitcoin S2F Model Creator Reveals 4 Reasons Why He First Bought BTC

Fixed supply and interest rates that refuse to turn negative were among the top advantages of swapping fiat for BTC, says PlanB. Bitcoin (BTC) was the top choice of famous analyst PlanB thanks to its scarcity and zero likelihood of negative interest rates.In a series of tweets on July 7, the creator of Bitcoin’s stock-to-flow […]

Study: 89% Worry What Happens to Their Crypto After They Die

Millennials and Zoomers are the least likely crypto investors to have a plan for their digital assets should they die unexpectedly. Most younger crypto holders don’t have any kind of plan to pass down their digital assets when they die.According to a survey conducted among 1,150 participants between October 2019 and June  2020 by the […]

Bitcoin Price Stalls at $9,300, Altcoins Rally to New Multi-Year Highs

As Bitcoin price stalled at $9,300 again, altcoins capitalized on the sideways price action to rally to new multi-year highs. Within the last few hours Bitcoin (BTC) price pushed above $9,300 after struggling to hold the $9,300-$9,400 level for the past three days. The move was accompanied by a notable surge in purchasing volume which is […]

New Head of Japan’s Financial Services Agency is Crypto-Friendly

The Japanese government will appoint Ryozo Himino as the next commissioner of Japan’s Financial Services Agency. A crypto-sympathetic official has been named as the next leader of Japan`s Financial Services Agency.Jiji Press reported on July 7 that the Japanese government has decided to appoint Ryozo Himino to the next commissioner of Japan’s Financial Services Agency […]

Users Surge but Just Five DeFi Projects Account For 94% of Locked Funds

DeFi’s surging popularity has seen the sector grow to comprise 240,000 users and more than $2 billion in value. The total number of users engaged with decentralized finance (DeFi) protocols has increased by more than 140%, since exceeding six-figures for the first time in January.According to data published by Dune Analytics, the total number of […]

Coinbase Exec Says Capital Will Flee US Due to Crypto Tax Laws

Coinbase’s chief tax officer Lawrence Zlatkin says global customers are the future as non-U.S. jurisdictions are more open-minded. Coinbase, the largest U.S. cryptocurrency exchange, believes other countries are much more open-minded in terms of crypto regulation and taxes than America..Lawrence Zlatkin, chief tax officer at Coinbase, shared the exchange’s outlook on taxation and the global […]

New Action Movie Features Billion Dollar Crypto Theft

New movie “Money Plane” features a plot about a heist from a ‘bulletproof casino in the sky’ carrying $1 billion in crypto. Cryptocurrency has a starring role in a new casino heist action movie starring Adam Copeland, Denise Richards, and Kelsey Grammer that premieres later this week.According to the trailer, Money Plane (out July 10) […]

Fake Tokens on Uniswap Are Trying to Cash In on DeFi Hype

Uniswap appears to be plagued with scam tokens claiming affiliation with popular DeFi projects. Scam tokens are a growing problem on the decentralized exchange and liquidity pool Uniswap — owing to the protocol’s open listing policy.In recent days warnings have been issued about scam tokens targeting four of the most buzz-worthy decentralized finance (DeFi) projects […]

Bitcoin Will Never Be Truly Private Says Andreas Antonopoulos

Andreas Antonopoulos says Bitcoin will probably never have privacy features like those in Monero. Bitcoin educator Andreas Antonopoulos says he would like to see more privacy features on Bitcoin, but they’re unlikely to happen anytime soon.In a livestream Q&A on Antonopoulos’ YouTube channel on July 7, he said Bitcoin (BTC) was unlikely to ever implement […]

Former Official Says China Needs to Reform Crypto Laws

A Chinese official indicated that crypto will inevitably be part of the digital capital market. Xiao Gang, former chair of the China Securities Regulatory Commission, said the country is facing a digital economy transformation and needs to embrace the right regulations for the fast growing crypto market. Xiao was speaking at the 19th Pushan Lectures of […]