Block Network

October 31, 2020

MicroStrategy’s bottom line gets beefier on Bitcoin moves: Bad crypto news of the week

Check out this week’s Bad Crypto podcast. It’s been another strong week for Bitcoin. The dollar price is up about 2.5 percent over the week, although that’s still something of a decline from its recent high above $13,400. At one point, Bitcoin fell 4 percent in 24 hours. But bulls remain optimistic and see the […]

Sleepy Swiss town launches Tezos-backed Coronavirus aid program

The town of Wetzikon will be using blockchain tech for targeted local business aid On Friday the Swiss town of Wetzikon — formerly best-known for its idyllic pastures and churches — launched a blockchain-based program to support small and medium-sized local businesses affected by the Coronavirus pandemic.Valued at 250,000 Swiss francs ($280,000), the initial aid […]

Bitcoin reaches $14K for the first time since January 2018 — what’s next?

The price of Bitcoin is on the verge of having its highest monthly close ever but bulls must still break through $14K for a shot at a new all-time high. Bitcoin (BTC) price is undoubtedly having an impressive year after crashing to $3,700 in March but then rallying to $14,000 in the following months. Now […]

MicroStrategy’s bottom line gets beefier on Bitcoin moves: Bad crypto news of the week

Check out this week’s Bad Crypto podcast. It’s been another strong week for Bitcoin. The dollar price is up about 2.5 percent over the week, although that’s still something of a decline from its recent high above $13,400. At one point, Bitcoin fell 4 percent in 24 hours. But bulls remain optimistic and see the […]

What industry leaders would wish for Bitcoin’s white paper 12th anniversary

Experts in the blockchain and crypto industry make their wishes for Bitcoin’s 12th birthday While the crypto community decides whether Bitcoin (BTC) was born — or merely conceived — 12 years ago, the fact is that Oct. 31, 2008, remains one of the most notable dates in humanity’s modern history. Exactly 12 years ago, Satoshi Nakamoto published […]

0x charts path towards cross-chain asset exchange and liquidity aggregation

The interoperability protocol seeks to expand beyond Ethereum and create cross-chain functionality In a blog post on Friday, 0x Labs product manager Theo Gonella laid out the protocol’s ambitious plans to direct development towards a promising, if technically tricky horizon for permissionless exchange: seamlessly connecting the growing constellation of viable layer-1 blockchain platforms.The Ethereum-based protocol, […]

The crypto compliance lie: Sacrificing privacy does not make us safer

The lightchain-vs.-darkchain dichotomy is counterproductive, and a healthy graychain will produce more valuable crypto assets like Bitcoin. In the last month, we’ve seen the United States Federal Reserve come after BitMEX for failing to identify customers, crypto intelligence firm CipherTrace report that most crypto exchanges are not collecting enough user info, and the so-called “FinCEN […]

Former Google lawyer joins spate of high-profile attorneys entering crypto

Coinbase leads a growing list of crypto companies attracting top-tier legal talent On Friday Coinbase Inc. announced the appointment of former Google Senior Legal Director Milana McCullagh as deputy general counsel for product and commercial legal.McCullagh, who worked for more than 13 years at Google, will work across functions at Coinbase on product legal support, […]

Happy birthday dear Bitcoin: Crypto’s first white paper turns 12

An assessment of Satoshi Nakamoto’s Oct. 31, 2008 paper that “set in motion a revolution in finance.” Has it only been a dozen years since Oct. 31, 2008, that Satoshi Nakamoto published a modest nine-page paper describing a new online payments system called “Bitcoin?” Depending on where one stands, that pseudonymous white paper — its […]

Did Satoshi choose to publish Bitcoin’s whitepaper on Halloween as another Easter egg?

For all we don’t know about Satoshi, we can tell he loved a touch of theatricality Satoshi Nakamoto announced the Bitcoin whitepaper on a cryptography mailing list on Halloween 2008. It could be the case that this was a meaningless coincidence, but when we take into account the meticulous planning behind Bitcoin’s launch party, the […]