Block Network

August 31, 2020

Binance Card to soon expand to US as Swipe taps new partnership

All services on Swipe are immediately available on Binance Card. Binance Card, a newly launched cryptocurrency debit card powered by Binance and the Binance-owned crypto commerce company Swipe, could soon enter the United States. This is all thanks to a new partnership which unlocks direct USD deposits for users in the country.Announcing the news to […]

On quantitative easing, crypto and modern monetary theory

Crypto needs financial products — simply positioned and simply transparent — to preserve and grow people’s assets in difficult times. With the COVID-19 crisis showing no signs of abating in the United States, central banks around the world have deployed financial airbags in the form of quantitative easing, and they plan to do a lot […]

FTX buying Blockfolio continues consolidation trend in crypto industry

Major crypto exchanges are consolidating smaller, niche services to expand their overall market reach. The past few months have seen a number of major crypto companies facilitate some serious big-money acquisitions. For example, on Aug. 25, blockchain software firm ConsenSys bought out JP Morgan’s enterprise-variant of the Ethereum blockchain Quorum. Similarly, earlier this year, global […]

Bitcoin will hit new high ‘in near term’ as Buffett exits USD — Keiser

The Sage of Omaha is getting out of the world’s reserve currency, Max Keiser claims, and that’s a prelude to Bitcoin hitting a new record. The U.S. dollar is getting so weak that even Warren Buffett is getting out and Bitcoin (BTC) will see all-time highs, says Max Keiser.In his latest forecast for macro, the […]

How bot trading influences the crypto market, explained

Trading bots have become a major factor in the world of cryptocurrency, but are they potentially doing more harm than good? How to get involved?If using bots to automate your trades sounds like something you would be interested in exploring further, there are many resources available. You could certainly begin by digging into different trading […]

CipherTrace develops Monero-tracing tool to aid US DHS investigations

Cryptocurrency intelligence firm CipherTrace claims a new tool can trace Monero transactions, but skepticism remains. Privacy and anonymity are the primary benefits of cryptocurrency, yet due to the transparent nature of blockchain technology, crypto transactions are not as anonymous as some may think. Rather, Bitcoin (BTC) and other cryptocurrencies are pseudonymous, as each transaction on […]

Binance lists WBTC amid the ongoing DeFi craze

Demand for Wrapped Bitcoin is increasing along with the DeFi rally. Binance, the world’s largest cryptocurrency exchange in terms of market capitalization, is listing another token to support the growth of decentralized finance, or DeFi.Wrapped Bitcoin (WBTC), a new ERC-20 token pegged to the price of Bitcoin (BTC), is now tradeable on Binance, according to […]

Chainlink lands on Bitcoin sidechain RSK with new integration

Developers on RSK no longer need to create their own oracle to build their DApps. Bitcoin (BTC) sidechain RSK will soon be equipped with Chainlink (LINK) oracles, enabling developers on the smart contract-enabled blockchain to tap into market price feeds and other off-chain data to build their applications.The integration is being developed by IOVLabs, the […]

Three veteran CoinMarketCap executives leave the company

After over two years, CMC’s chief strategy officer Carylyne Chan is leaving the site. CoinMarketCap’s chief strategy officer and acting CEO Carylyne Chan is leaving the well-known crypto market data site — together with two of her colleagues, Jeremy Seow and Spencer Yang. Chan, who has worked at CMC since January 2018, publicly announced her departure […]

OPEC to cover blockchain tech in second workshop on energy and IT

Will the oil cartel put black gold on the blockchain? The Organisation of the Petroleum Exporting Countries has announced that its Second Workshop on Energy and Information Technology will be held on Sep. 21 via videoconference.This year’s event sees blockchain technology join the range of energy and tech-related topics to be discussed.However, it is unlikely […]