Block Network

October 21, 2020

Tron opens ‘manual’ withdrawal option for TRX holders on OKEx

The Tron Foundation has taken the decision to provide an “internal transfer” option for TRX holders affected by the OKEx withdrawals freeze. The Tron Foundation has published an update on a decision it took yesterday to enable Tron (TRX) holders to withdraw their tokens from the OKEx cryptocurrency exchange. According to the foundation:”At present, TRON […]

PayPal to offer crypto payments starting in 2021

The rumors are now fully confirmed. PayPal announced on Wednesday its entry into the cryptocurrency market, according to multiple reports.PayPal customers will be able to use cryptocurrencies to shop at any merchant in its large network starting from early 2021, the company said.The payments will be settled through fiat currencies, similar to many existing crypto […]

Bitcoin trader shares 7 reasons to be bullish on BTC beyond $12K

Bitcoin leaving macro assets behind will be the “biggest story in crypto” if it continues, but there’s more to be bullish about, says Cole Garner. Bitcoin (BTC) abandoning correlation with traditional markets will be its “biggest story” if it continues, one popular analyst says.In a series of tweets on Oct. 21, Cole Garner highlighted Bitcoin’s […]

DeFi deja vu as another stealth Andre Cronje project launches

Over-exuberant investors have once again realized losses after rushing to trade the native token of Andre Cronje’s latest DeFi experiment. Yearn Finance creator Andre Cronje quietly published his third protocol to GitHub since August on October 19, dubbed Keep3r Network. Despite the lack of a formal launch announcement, and Keep3r’s documentation stating the protocol is in […]

17M Chinese tourists verify health using blockchain to visit Macau

Interoperability between Macau’s blockchain-powered medical data system and mainland Chinese health codes allowed tourism between the jurisdictions to recommence. Chinese non-profit blockchain consortium FISCO BCOS, reports that blockchain-based health records have successfully enabled China to resume mainland tourism to Macau.From May, Macau’s blockchain-powered medical data system has recognized the ID codes of the Guangdong health […]

BlockShow returns as partner to Singapore central bank’s fintech event

BlockShow has partnered with the Monetary Authority of Singapore to curate blockchain discussions for its five-day fintech conference. BlockShow, one of the largest blockchain events in the blockchain and crypto industry, will curate discussions around blockchain and cryptocurrency for a five-day online event hosted by the Monetary Authority of Singapore. The event runs from Dec. […]

Abramoff-linked crypto firm says SEC has no case against it

Participants of a $5.6 million token sale did not expect a return on investment, the NAC Foundation argued. The NAC Foundation has accused the United States Securities and Exchange Commission of misconduct in an ongoing case.  According to court documents Oct. 20, Rowland Marcus Andrade and his company NAC Foundation asked a San Francisco federal judge to dismiss […]

Bitcoin average transaction value increases 500% since July

The average Bitcoin transaction is now worth more than $150,000. The average value of Bitcoin (BTC) transactions has increased dramatically since July this year. The average transaction value was sitting at approximately $25,000 per transaction four months ago, but posted a yearly high on Oct 20 at $151,000 per transfer — representing an increase of more […]

Nine Chilean cargo shipping companies approved to develop joint blockchain platform

It could become the first of its kind blockchain maritime cargo platform in the region Chile’s National Economic Prosecutor’s Office, or FNE, has granted approval to nine national freight maritime cargo companies to establish a joint venture to develop a blockchain platform, the first of its kind in the region.According to MundoMaritimo.cl, the platform will […]

Mainstream DeFi is ‘inevitable’: US currency comptroller

The U.S acting comptroller of the currency believes the role banks play in society will soon be transformed by crypto assets and DeFi. The U.S acting comptroller of the currency, Brian Brooks, predicts th decentralized finance (DeFi) will render many of the financial services offered by banks obsolete, just as email disrupted the postal service.In […]