Block Network

July 1, 2020

This Researcher Says Bitcoin’s Elliptic Curve Could Have a Secret Backdoor

According to one of the world’s leading cryptographers, Bitcoin’s elliptic curve could have a secret backdoor, invalidating all underlying security. One of the world’s top cryptographers believes that Satoshi Nakamoto chose Bitcoin’s (BTC) elliptic curve either for its efficiency or because it may offer a secret backdoor.Elliptic curve is worth billionsA Bitcoin public key is […]

Destination Blockchain: Shaking Up Travel Industry and Cutting Costs

Blockchain initiatives are being applied by large companies to reduce intermediaries and costs in the travel industry. The word “blockchain” is no longer perceived as something exotic and super innovative, partly because large companies have found various uses for this technology and customers have begun to understand how it works. On the other hand, the […]

Startup Brings Blockchain Functionality to Steam Gaming Platform

The Pavillion Hub games platform integrates with Steam to enable easy issue of tradable NFTs. Blockchain’s inexorable push into the world of gaming is occurring simultaneously on a number of fronts. From AAA tentpole productions backed by major crypto players, through crypto-powered Esports tournaments in popular non-blockchain titles, to encouraging developers on board with easy-to-use […]

Mac Users Beware — New Ransomware Targets Apple Computers

EvilQuest ransomware is launching attacks against macOS users through infected installers. A new ransomware is targeting macOS users who download installers for popular apps via torrent files.Known as EvilQuest, the attack was first spotted by Dinesh Devadoss, a K7 Lab malware researcher. Findings show that EvilQuest has been quite active since the start of June […]

Price Analysis 7/1: BTC, ETH, XRP, BCH, BSV, LTC, BNB, ADA, CRO, EOS

Bitcoin and a few altcoins have bounced off their recent lows, suggesting that the sentiment remains to buy the dips. Bitcoin (BTC), gold, crude oil, and the US equity markets all rose sharply throughout the second quarter of this year. This shows that investors’ appetites remain strong as they are confident that central banks will […]

How Cryptocurrency Funds Work

Cryptocurrency funds have some key differences from traditional investment funds, and we’ve laid them all out along with how you can get involved. Cryptocurrency funds are a new type of investment vehicle that parallels traditional portfolio investments, like hedge funds, but are composed entirely out of digital assets. Because of this, they play by slightly […]

Report: Japanese Blockchain Sector Grows Over 30% Since 2019

The number of crypto and blockchain-related companies in Japan increased by more than 30% this year, data from Monex Group’s Monex Crypto Bank shows. The number of cryptocurrency and blockchain-related companies in Japan increased by more than 30% this year. Monex Group’s Monex Crypto Bank told Cointelegraph Japan on June 30 that there are 430 crypto […]

Russia: Bitcoin Activity Rising Despite Strict Law Proposals

As Russia draws up new strict cryptocurrency legislation, P2P Bitcoin exchanges and crypto trades in the country rise significantly. A branch of the Russian federal government has recently published a draft of new litigation called “On Digital Financial Assets,” which is focused on enforcing strict cryptocurrency laws in the country. The legislation has not been […]

Bitcoin Analyst: Central Bank Rate Cuts Mean ‘World Has Gone Zimbabwe’

Zimbabwe-style mayhem is a possible outcome from a flood of cheap money hitting the global economy, warns MMCrypto. Bitcoin (BTC) supporters are watching as almost every central bank in the world lowers interest rates and the global fiat money supply skyrockets.Statistics compiled by Charlie Bilello, CEO of wealth manager Compound Capital Advisors, show that in […]

Coinbase Custody to Hold Assets Backing 21Shares’ Bitcoin ETP

Crypto asset manager 21Shares will use Coinbase Custody to secure the Bitcoin backing its ETP launch tomorrow. 21Shares, an asset manager specialized in cryptocurrencies, has chosen the custody service offered by crypto exchange Coinbase for its Bitcoin (BTC) exchange-traded product.According to a July 1 Coinbase announcement, 21Shares will use Coinbase Custody to secure the Bitcoin […]