Block Network

July 5, 2020

Binance Supports Ontology Upgrade, Stops Deposit of NEP5 ONT Tokens

Binance to support Ontology 2.0 upgrades and says it will not further allow NEP5-based ONT deposits. Binance, one of the world’s biggest crypto exchanges, has announced on July 5 that it will support the upcoming Ontology 2.0 network upgrade. Ontology 2.0 will include the integration of a number of community-led upgrades to its MainNet.Binance says […]

Top 5 Cryptocurrencies to Watch This Week: BTC, NEO, TRX, XTZ, VET

Bitcoin and most altcoins are witnessing selling at every minor rally, increasing the possibility of a dip in the short-term. Bridgewater CIO Ray Dalio said that central banks have moved away from their traditional role and have become owners of assets since the 2008 Financial crisis. They now act as “market makers.” Therefore, the “capital […]

Brock Pierce Jumps Into 2020 US Presidential Last Minute

Brock Pierce joins the 2020 elections as a last-minute presidential candidate. Brock Pierce, entrepreneur, crypto venture capitalist and child star, has announced his USA Presidential run on Twitter July 5. His tweet stated that:“I, Brock Pierce, am running for President of the United States of America.”Pierce’s campaign site states that he is a pioneer digital […]

Digital Assets Deliberations: The Role of ISINs in Relation to Digital Assets

A closer look at the role that International Securities Identification Numbers may take in the harmonization of standards for identifying digital assets. Institutional interest in digital assets has been growing. The Chicago Mercantile Exchange’s volume of Bitcoin (BTC) options hit a high of $40 million on May 13, 2020. The world’s largest digital currency asset […]

Philippine SEC Warns Against Crypto Schemes

Philippine SEC warns against investment schemes including one based on the Ethreum blockchain it says is a Ponzi scheme. The Securities and Exchange Commission (SEC) of the Philippines has warned the public against individuals and groups engaged in unauthorized crypto investments and trading, according to an announcement on July 1.The Philippine SEC warned those who […]

Biggest Corporations Sceptical of Introducing Crypto Payment Option

Are traditional business enterprises ready to embrace a blockchain-based payments network? Maybe not, according to two research reports. The news that PayPal, the payments giant with 325 million active user accounts worldwide, was considering the direct sale of crypto assets — along with custodial services — had the crypto community buzzing last week, even if […]

Bitcoin Price Analyst Says This Can Prevent a Big BTC Drop in Q3 2020

The price of Bitcoin dropped below $9,000 for the second time in one week but the uptrend of BTC can be sustained despite a historically bearish Q3. The price of Bitcoin (BTC) dropped below $9,000 for a total of eight times in the past two months. Yet, it has recovered with strength after every pullback.According […]

CBDC is the Most Important Trend in Payments Says Visa Crypto Chief

Visa’s head of crypto says CBDC is the most important payments trend in the next decade. Central Bank Digital Currencies, or CBDC, may just be one of the most important trends over the next decade claims Visa’s head of crypto.Cuy Sheffield, who runs credit card giant Visa’s crypto projects, tweeted that “as governments evaluate CBDC, […]

Bitcoin Price Consolidating But What Happens if $9K Support Is Lost?

Several signs are pointing to a new bear market for Bitcoin as mining chip manufacturers are feeling the pinch from the halving and the global economic downturn. Bitcoin (BTC) has failed to challenge the multi-year resistance of $10,500 since the beginning of June 2020. This extended period of chop will ultimately result in one of […]

UNICEF Crypto Fund to Invest $100K in Humanitarian Blockchain Projects

UNICEF’s crypto fund is looking for blockchain startups from emerging countries that tackle COVID-19 and humanitarian challenges. Over the past four years, the United Nations International Children’s Fund has been investing in startups applying open-source technology, hoping to make the world a better place, but is looking to step up its game even further now.Cecilia […]