Block Network

January 19, 2021

Dubai financial regulator working on regulations for cryptocurrencies

The Dubai Financial Services Authority is reportedly looking to introduce two crypto-related consultation papers as part of its business plan in 2021. The Dubai Financial Services Authority, the financial regulatory agency for the special economic zone, the Dubai International Financial Centre, is looking to enhance local cryptocurrency-related regulations. The DFSA is planning to introduce a […]

Armed robbers steal $450K from Hong Kong crypto trader

A gang of four robbers has reportedly stolen about $450,000 from a crypto trader in Hong Kong. Robbers posing as cryptocurrency buyers have stolen about 3.5 million Hong Kong dollars ($450,000) from a woman in Hong Kong. According to a report by the South China Morning Post on Tuesday, the Hong Kong police are currently […]

Tokenized single-malt scotch collection launches on Singapore exchange

Accredited investors can now own tokenized shares of a premium whiskey collection powered by Zilliqa. Rare Cask Holdings has listed a tokenized rare whiskey collection on the Singapore-based Hg Exchange. The premium whiskey collection — “Casks of Distinction” — was tokenized on the Zilliqa blockchain based on its ZRC-2 token standard. Commenting on the whiskies […]

Bank of France settles $2.4M fund in central bank digital currency pilot

The Bank of France processed $2.4 million worth of fund units using a CBDC in December as part of ongoing experiments into blockchain and stablecoin technology. The Bank of France successfully piloted a central bank digital currency — or CBDC — experiment in December, using the technology to settle monetary fund shares on a private […]

Ethereum price finally beats its 2018 all-time high, surpassing $1,428

A three-year hodl for Ether investors finally comes good as the largest altcoin surges into unknown territory on Tuesday. Ether (ETH), the largest altcoin by market cap, finally reached new all-time highs against the U.S. dollar on Jan. 19. ETH/USD 1-hour candle price chart. Source: TradingviewEther price is back after 3 years Data from Cointelegraph Markets […]

‘Pay attention’ — Grayscale adds 18x the Bitcoin mined supply in one day

Bitcoin worth $600 million gets taken off the market as BTC/USD struggles to cement support for a retest of $40,000. Asset manager Grayscale added 18 times more Bitcoin (BTC) than miners added to the supply in just one day on Jan. 18. As various data sources confirm, Grayscale, which remains the biggest institutional buyer in […]

UK health service to use blockchain to monitor COVID-19 vaccine storage

The U.K.’s National Health Service will implement an IoT solution built on the public distributed ledger network Hedera Hashgraph in order to monitor the storage of its COVID-19 vaccine supplies. Public distributed ledger network Hedera Hashgraph is being used by a United Kingdom-based digital asset tracking provider called Everyware to provide the country’s National Health […]

Bible quotation found in Bitcoin block number 666,666

A Biblical message was unearthed in block number 666,666 of the Bitcoin blockchain: “Do not be overcome by evil…” A hidden Biblical message has been found embedded in a transaction in block number 666,666 of the Bitcoin (BTC) blockchain. The message is a quotation from the sixth book in the New Testament, the Epistle to […]

Trezor crypto wallet warns users of doppelgänger scam app on Google Play

The fake Trezor app has been downloaded by at least 1,000 people on the Android’s app store Google Play. Trezor, a major hardware cryptocurrency wallet supplier, has warned its users about a fake Trezor application on Google Play. According to Trezor, the fake app is malicious and has no relation to Trezor or SatoshiLabs, a […]

3 reasons why Ethereum has been rising faster than Bitcoin price in 2021

Ether has been outperforming Bitcoin in the last few weeks as Ethereum’s momentum strengthens. The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, has been soaring since the beginning of the new year. What’s more, it has outperformed Bitcoin (BTC) since Jan. 1, gaining roughly 81% compared to Bitcoin’s 26% in […]