Block Network

January 18, 2021

Cybersecurity firm uses encrypted hard drive with Bitcoin to test applicants

Successful applicants can use the funds to buy a ticket to the company’s headquarters. Researchers wishing to apply to New York-based Red Balloon Security have to complete an unusual technical interview as part of their application process: unlocking a hard drive containing crypto. According to a report from Business Insider, Red Balloon sends the hard […]

Binance Coin (BNB) hits a new all-time high one day before its token burn

A growing DEX ecosystem, competitive futures platform and low fee incentives pushed Binance Coin to a new all-time high one day ahead of its scheduled token burn. Over the past 6 months, Binance Coin (BNB) has been quietly rallying higher, gaining 189% during this period and notching a new all-time high at $46.90 on Jan. […]

1/18: BTC, ETH, DOT, XRP, ADA, LTC, BCH, LINK, XLM, BNB

Altcoins are beginning to lose bullish momentum as Bitcoin price struggles to reclaim $40,000. Investors are beginning to worry that Bitcoin’s (BTC) uptrend could be in peril after the top-ranked cryptocurrency failed to pull above the $40,000. Some traders are afraid that a repeat of the crushing 2018 bear market is on the cards again […]

Grayscale holds the key to Bitcoin hitting $40K, says JPMorgan

The BTC price is at a crucial inflection point, according to JPMorgan strategists. Grayscale Investments, the world’s largest digital-asset manager, could hold the key to Bitcoin’s (BTC) short-term price outlook, according to JPMorgan Chase.  As Bloomberg reports, strategists led by Nikolas Panigirtzoglou believe Bitcoin could lose its luster over the short-term unless it can “break […]

First Hyperledger-based cryptocurrency explodes 486% overnight on Bittrex BTC listing

The first Hyperledger-based cryptocurrency to achieve mainnet status just exploded 486% overnight, possibly bouyed by an impending Bitcoin trading pair. A little-known altcoin known as Metacoin (MTC) surged to 486% gains in just 24 hours on Jan. 18, after Bittrex announced it would be listing the coin against Bitcoin (BTC). Metacoin is built on the […]

DeFi lending and borrowing, explained

As DeFi protocols continue to garner mainstream traction, here’s an introduction to how lending and borrowing work on these platforms. Are there any risks involved? DeFi protocols feature certain risks, such as third-party smart contract tampering and the risk of borrow APYs rising dramatically within a short time period. When compared with centralized finance, there […]

Crypto Chi: The future (and energy) of money and technology

Crypto Chi is a combination of financial innovation, libertarian and capitalist ideology, and human empowerment. Throughout 2020, we saw a consistent flow of news about legacy finance, major investment companies and large corporations looking to enter the digital assets industry. The value proposition for investing in Bitcoin (BTC) and other digital currencies started to move […]

Biden team announces pick to lead SEC

Biden’s pick to run the SEC has some serious crypto and blockchain chops. President-elect Biden’s team recently unveiled additional folks it plans on nominating for various positions after the inauguration on Wednesday.  One key pick is Gary Gensler as Chairman of the Securities and Exchange Commission, or SEC, according to a statement from Biden’s transition […]

Yearn.finance eyes new all-time high — Can YFI price reach the next $66K target?

YFI price can break above $50,000 if Bitcoin continues to consolidate in the near term. As Bitcoin’s (BTC) price has been consolidating in recent weeks, many other crypto assets started to show strength. This was largely expected since altcoins generally do better once BTC cools down.  Lower volatility in Bitcoin means higher volatility for altcoins as the […]

Aussie Bitcoin exchange owner accuses banks of discrimination

An Australian Bitcoin exchange operator has taken legal action against two commercial banks in the country, accusing them of discriminatory practices. Allan Flynn, a Bitcoin trader in Australia has filed a complaint against two commercial banks in the country — ANZ and Westpac — accusing both of systematic discrimination. According to a report by the […]