Block Network

September 18, 2020

Dash is evolving into a decentralized cloud cryptocurrency

Dash is transitioning into a decentralized cloud cryptocurrency by releasing a platform that supports blockchain-verified user data storage and a decentralized API. Payments-focused cryptocurrency Dash is starting to release insights into its new platform, which enables data to be stored within the network in the form of decentralized cloud service.The forthcoming Dash Platform has been […]

Fantasy authors turn the VulcanVerse NFT game into a trilogy of books

Two of Britain’s most successful gamebook authors have taken it upon themselves to turn VeChain’s VulcanVerses NFT game into a fantasy trilogy series. Award-winning British fantasy authors Dave Morris and Jamie Thomson will write a new fantasy trilogy “The Vulcan Verses”. The community project’s title is based on VeChain’s forthcoming Vulcan Forged non-fungible token-powered collectible […]

Report: Most firms in Korea’s ‘blockchain city’ don’t know what blockchain is

Is Busan a “blockchain city” in name only? A recent report from the Busan Research Institute has revealed a peculiar trend: 62% of firms in the blockchain sandbox city of Busan, South Korea apparently do not know anything about the technology.Since last year, Busan has been considered a “regulation-free” zone for blockchain development by the […]

Abkhazia government blames illegal crypto mining for energy crisis

It is already illegal to mine crypto within the de facto state. Abkhazia, a de facto state in the South Caucasus, continues to face an energy crisis. The head of the region’s national energy provider recently blamed increased crypto mining activity for the problems.According to Jam News, the government’s year-old ban on crypto mining has […]

Cointelegraph Consulting: ERC-20 token’s market cap overtakes Ethereum’s

Can the price of ERC-20 tokens grow while Ethereum stagnates? The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, suggest that Ethereum is temporarily being ‘professionalized’. Since the September 2nd market crash, the combined market capitalization of all ERC-20 assets has overtaken Ethereum’s own market cap, with the differential between the two continuing to grow […]

Binance’s US arm joins Chicago DeFi alliance

Binance’s interest in DeFi expands globally. The United States arm of Binance, the world’s largest cryptocurrency exchange,  has entered a major organization focused on decentralized finance, or DeFi.According to a Sept. 17 blog post, Binance.US has officially joined the Chicago DeFi Alliance. Also known as the CDA, the association is backed by crypto fund Volt […]

MicroStrategy CEO says ‘Bitcoin scales just fine as store of value’

Arguably the biggest Bitcoin adoption move of 2020 turned 78,338 off-chain transactions into just 18 on-chain ones, with MicroStrategy praising scalability. Bitcoin (BTC) as a store of value “scales just fine,” the CEO of the company that just purchased 38,250 BTC has said.In a tweet on Sep. 17, Michael Saylor revealed more information about MicroStrategy’s […]

Daily Ethereum transactions hit a new historical high amid DeFi boom

The previous all-time high in daily transactions was recorded in 2018. Daily transactions on the Ethereum blockchain have just recorded a new all-time high amid the general surge of congestion on the network.On Sept. 17, the amount of daily transactions on the Ethereum network amounted to 1,406,000, according to data from major Ethereum browser Etherscan. […]

Nvidia doesn’t want to give up its 2017 ‘crypto craze’ docs

Nvidia is trying not to hand over internal documents to plaintiffs who allege that the GPU manufacturer misrepresented its financials during the 2017 bull run. The legal representatives of technology company Nvidia have argued that its investors are not entitled to access its internal records about the “crypto craze” of 2017 and 2018.During a trial […]

Police summon Bithumb chairman for questioning over alleged fraud

Police raids on the Bithumb offices are apparently not just FUD as more investigation reports come in. The drama over alleged fraud involving Bithumb’s senior executives continues as the company’s chairman has reportedly been summoned for interrogation.The Seoul Metropolitan Police Agency is purportedly seeking to question Lee Jung-hoon, chairman of board at Bithumb Korea and […]