Block Network

September 22, 2020

Joke MEME coin airdrop is now worth $600K

The MEME crypto asset has blasted into new all-time highs of $1,775 after being listed on Poloniex. MEME, a community-driven project inspired by a ConsenSys developer’s satire of the yield farming bubble, has gained nearly 100% in 24-hours to post an all-time high of $1,775 after listing on Poloniex.Since the start of September, MEME has […]

Non-fungible digital art ‘goes parabolic,’ attracts Morgan Creek execs

Anthony Pompliano sees the digital art market cap eventually passing $65 billion. Major players in the crypto community are betting big on digital art NFTs surpassing the physical art market.According to a Sept. 21 tweet from Messari analyst Mason Nystrom, sales of non-fungible token (NFT) marketplace Rarible passed $5 million in September, with a volume […]

New report says Bitcoin price in ‘more sustainable uptrend’ than 2019

2020 is showing that investors are more skewed to hodling than speculating, says Delphi Digital, in line with various findings from the past few months. Bitcoin (BTC) hitting its highest in over a year was different from the 2019 bull run because exchange balances fell, a new report says.Published on Sep. 21 and seen by […]

Digital euro will not be a substitute for cash: ECB President

“A digital euro could be a complement to, not a substitute for, cash,” Lagarde said. Any digital currency released in the European Union may not fully replace fiat, said the President of the European Central Bank, Christine Lagarde.Speaking at an online meeting of the Franco-German Parliamentary Assembly on Sept. 21, Lagarde stated that the bank […]

Binance.US CEO calls companies not integrating crypto ‘ignorant’

The CEO called digital assets a “pandemic resilient” solution for businesses. Catherine Coley, the CEO of crypto exchange Binance’s United States branch, says adopting crypto may be one of the only ways for businesses to be “pandemic resilient” going forward.In a Sept. 21 interview with Joe Weisenthal and Tracy Alloway on Bloomberg’s Odd Lots podcast, […]

South Australian food and wine tracing platform teams up with Hedera

The Australian government-backed supply chain traceability platform Entrust is launching on Hedera Hashgraph. The Australian government-backed agricultural supply chain platform Entrust has announced it will operate on Hedera Hashgraph — a distributed ledger platform claiming a transactional throughput of 10,000 transactions per second.South Australia’s premier, Steven Marshall, officially launched Entrust on September 20, describing the […]

Yield farmers make 500% returns but most can’t read smart contracts

A CoinGecko survey has found that the majority of yield farmers do not understand the smart contracts underpinning the DeFi protocols they use. The majority of yield farmers do not understand how to read the potentially risky smart contracts that underpin the decentralized finance (DeFi) ecosystem — but that hasn’t stopped them making huge profits.Crypto […]

Joke MEME coin airdrop is now worth $600K

The MEME crypto asset has blasted into new all-time highs of $1,775 after being listed on Poloniex. MEME, a community-driven project inspired by a ConsenSys developer’s satire of the yield farming bubble, has gained nearly 100% in 24-hours to post an all-time high of $1,775 after listing on Poloniex.Since the start of September, MEME has […]

DeFi plummets: 3 reasons for the 46% correction from YFI, UNI, DEX tokens

Ethereum’s correction triggered a DeFi-token collapse which resulted in YFI and UNI dropping by 46%. After outperforming Bitcoin (BTC) and Ether (ETH) strongly in August, Decentralized Finance (DeFi) tokens are now plummeting as many registered losses of up to 50%. Cryptocurrency daily market performance snapshot. Source: Coin360At the moment, the two coins garnering the most attention […]

Brazilian fund manager and Nasdaq to launch world’s first Bitcoin ETF

Brazil’s Hashdex is teaming up with Nasdaq to bring the world’s first Bitcoin ETF to the Bermuda Stock Exchange. Regulated Brazilian fund manager Hashdex has inked a deal with Nasdaq to launch the world’s first crypto asset exchange-traded fund (ETF) on the Bermuda Stock Exchange (BSX).The stock exchange announced it had approved the ‘Hashdex Nasdaq […]