Block Network

September 3, 2020

Blockchain voting hailed a success at Michigan Democrat convention

This was one of the first virtual conventions in the US to utilize blockchain voting. Despite its history of security and technical issues, blockchain voting platform Voatz has reportedly been deployed successfully at the Michigan Democratic Party State Nominating Convention.More than 1,900 delegates at the virtual convention, held from Aug. 29-30, were able to nominate […]

ETC Labs believes regulation is the key to preventing future 51% attacks

Enacting such legislation effectively could be a major challenge, however. Responding to numerous 51% attacks on the Ethereum Classic blockchain, ETC Labs said that it’s time to bring regulation to hashpower rental marketplaces, citing the fact that at least two of the attacks were perpetrated by renting hash power through NiceHash — a claim that […]

September 2, 2020

What now for Bitcoin price? September starts with abrupt BTC sell-off

Bitcoin’s new monthly candle has been met with a fierce sell-off. Traders explain bearish and bullish scenarios for BTC. On Sept. 1, a new Bitcoin monthly candle opened with significant optimism. The August monthly candle closed above $11,500 for the first time since the all-time high in 2017. But in the short term, traders are […]

Scaling DeFi with Optimistic Rollups is not the best option, says Matter Labs CEO

Ethereum needs to scale with layer-two in the short-term, and ZK Rollups can pick up the slack. Since Ethereum 2.0 is likely to take a few more years to begin increasing the throughput of the network, community focus is centering on layer-two solutions that could take some of the burden in the short-term.Several solutions that […]

Max Keiser thinks Warren Buffett will move to Bitcoin soon

Max Keiser joined us for a discussion on Warren Buffett’s turn away from fiat. According to Max Keiser, host of popular RT show the Keiser Report, it is only a matter of time before Warren Buffett’s Berkshire Hathaway will invest in Bitcoin (BTC). Not long ago, Buffett sold most of his positions in major banks and […]

Price analysis 9/2: BTC, ETH, XRP, LINK, BCH, LTC, BNB, CRO, BSV, ADA

If the bearish patterns on Bitcoin and altcoins complete the current correction could see prices drop to new lows. The U.S. stock market continues to hit new all-time highs while gold, which acts as a safe haven asset has retreated from it’s all-time highs. This suggests that there sentiment is to own risky assets. Meanwhile, […]

Researchers are calling this new malware a triple threat for crypto users

The surrounding threat level is low, but there are fears it could increase. Cybersecurity experts at ESET published an in-depth study about a new malware named “KryptoCibule.” This exploit specifically targets Windows users with three methods of attack, including by installing a crypto mining app, directly stealing crypto wallet files, and replacing copy/pasted wallet addresses […]

SushiSwap’s founder emphasizes that the $27M they hold is for devshare

There are two sides to every story. SushiSwap, an upcoming DeFi protocol forked from Uniswap’s decentralized exchange, has grabbed numerous headlines in recent days. One such story pointed out that the project’s pseudonymous head, known only as Chef Nomi, maintains access to $27 million in Sushi tokens.Cointelegraph reached out to SushiSwap’s founder for further clarification […]

US federal court calls NSA’s mass phone data collection illegal

A U.S. circuit court has concluded its review of a terrorism financing case that begin in 2010, saying that the NSA’s phone tapping was illegal but that it was a minor part of the evidence. In the final decision on a criminal case that began a decade ago, an appellate court has said that the […]

Swiss crypto bank Sygnum scores approval for digital asset trading

The digital Swiss franc issuer is now licensed as a “digital asset trading facility.” Sygnum, a major cryptocurrency bank in Switzerland, is preparing to finally introduce digital asset trading after receiving regulatory approval.On Sept. 1, Sygnum announced that it received regulatory approval from the Financial Market Supervisory Authority, allowing the company to expand its services […]