Block Network

September 30, 2020

Indian man arrested on charges of crypto fraud via ‘Morris Coin’ scheme

A 36-year-old man from Kerala was arrested under charges of cryptocurrency fraud. District police have arrested a 36-year-old man from the Malappuram district of the south Indian state of Kerala on charges of operating a cryptocurrency scam.Nishad has been charged under the Prize Chits and Money Circulation Schemes (Banning) Act by the district police chief […]

Crypto Finance Conference to host industry experts in-person in January 2021

Physical crypto events come back, but with a set of strict COVID-19 measures. As the world is battling to recover from the damage caused by the coronavirus pandemic, a major cryptocurrency event in Switzerland prepares to take return to a physical format.Crypto Finance Conference (CfC), an international crypto event held in St. Moritz, will take […]

Government investment firm develops blockchain health passport in Singapore

Singapore continues to apply blockchain in its public administration. In a pandemic era of unprecedented health data collection and surveillance, Singapore is turning to blockchain technology for the infrastructure that can make it work. Government-owned investment firm SGInnovate and Singaporean startup Accredify have jointly developed a new blockchain-powered digital health passport, according to a report on […]

93% of the top 250 coins declined in price in September

The DeFi hype faded in September, dragging prices with it. Over the last few months, DeFi protocols including Yearn.Finance, Compound, Synthetix, and Chainlink have seen their token prices go through the roof, sparking talk that the long-awaited bull market might be here. The DeFi boom is built on Ethereum and propelled ETH’s price rise from $100 […]

Global economy saved: Reddit’s MOON token has a $2.64 septillion market cap

Despite still being on the Rinkeby testnet, holders of Reddit’s ‘MOONs’ have devised a way to trade the tokens for fiat. In defiance of Reddit’s apparent wishes, crypto traders have devised a way to exchange the social platform’s ‘community points’  tokens for fiat — and it’s resulted in a pretty surprising market cap. In May Reddit […]

‘No coiner’ TikTok star launches finance podcast with Bitcoin bull Pomp

‘I do believe crypto is its own asset class and one worth exploring,’ said the TikTok star. A 21-year-old social media star famous for his TikTok videos is entering the crypto space, guided by Bitcoin bull Anthony ‘Pomp’ Pompliano.Bryce Hall has launched a finance podcast with Pompliano called “Capital University”. Unlike Pomp’s regular podcast, which […]

‘DeFo’ staking enabled for Waves’ Neutrino stablecoins

Crypto traders can earn passive income through Neutrino stablecoin staking. U.S.-based cryptocurrency exchange Waves.Exchange, which supports the price-stable multi-asset Neutrino protocol, is introducing a way for crypto traders to earn passive income through stablecoin staking.According to a Sept. 29 announcement from Waves, the exchange has expanded its tokenized assets ecosystem to include seven different Neutrino […]

Court tosses out short-sellers’ lawsuit targeting Overstock’s ‘digital dividend’

The lawsuit, accusing Overstock of market manipulation through its security token airdrop, has been turfed by a federal judge. A Utah federal judge has tossed out a lawsuit that accused Overstock ($OSTK) of market manipulation by distributing a ‘digital dividend’ of security tokens to shareholders and repeatedly revising retail earnings guidance upward to punish short-sellers.U.S. […]

StrongBlock launches DeFi protocol but token prices slump 70%

A new DeFi protocol has been launched rewarding node operators to improve public blockchain performance, but token prices have tanked Just-launched DeFi protocol StrongBlock has announced the integration of Chainlink oracles — however its native token’s price tumbled 70% today. The platform, founded by former members of the original EOS core team, was launched on Sept. […]

Bitcoin price in flux: Bulls target $11.5K, bears desire drop to $9.8K

As Bitcoin price consolidates, bulls target $11.5K and bears expect a drop below $9.8K. Bitcoin (BTC) price appears to be gearing up for another shot at the $11K mark but traders shouldn’t get overly excited as resistance in the $11,000-$11,200 zone and at $11,389 have kept the price from moving higher for the last few […]