Block Network

January 13, 2021

Huobi Global now supports ruble deposits and withdrawals

Huobi partnered with fiat and crypto payment processor AdvCash to unlock deposits and withdrawals in the Russian ruble. Major global cryptocurrency exchange Huobi is introducing Russia’s national fiat currency on its trading platform. According to a Jan. 12 announcement, Huobi Global now supports deposits and withdrawals in the Russian ruble. The new feature enables users […]

GateHub to continue supporting XRP despite Ripple’s legal issues

GateHub is the latest crypto firm to announce the continuation of XRP support despite Ripple’s legal issues with the SEC. As Ripple faces serious legal charges over its associated token XRP, many crypto platforms have decided to drop support for the coin until things are settled.   However, GateHub, a United Kingdom-based cryptocurrency gateway service, has […]

US Navy awards $1.5M jet fighter contract to blockchain project

SIMBA Chain has been tapped to beef up the supply chain of the United States Navy after receiving a $1.5 million research grant. SIMBA Chain, a cloud-based smart contract platform, has been tasked with revamping the supply chain of the United States military after it received a $1.5 million grant from the U.S. Office of […]

Uniswap’s growth lead bites back over Yearn Finance’s SushiSwap merger

Uniswap’s growth lead, Ashleigh Schap, has slammed Yearn Finance founder Andre Cronje for complaining about forked projects in the DeFi sector. Uniswap growth lead Ashleigh Schap has slammed a recent article from Yearn Finance founder Cronje that criticized forked protocols in the DeFi space, with Schap describing Yearn’s recent merger with SushiSwap as validating a […]

SolidX files lawsuit against VanEck alleging Bitcoin ETF ‘plagiarism’

SolidX accuses VanEck of terminating their partnership in bad faith after “surreptitiously” working to launch a Bitcoin product based on SolidX’s work. Global investment management firm VanEck, is facing a lawsuit from blockchain firm and former-partner SolidX over a Bitcoin ETF that VanEck filed for SEC approval less than two weeks ago. In 2017, VanEck […]

Top 100 Bitcoin addresses accumulated $11B more BTC in the past 30 days

Bitcoin’s top 100 richest addresses have snapped up almost 350,000 more BTC in the last 30 days. The top 100 richest Bitcoin addresses are increasingly bullish, accumulating 16% more Bitcoin over the last 30 days.  In total these addresses added 334,000 more Bitcoin to their bags, or around $11 billion worth. The majority barely reacted […]

Crypto leaders worry over threat from ‘big tech’ censorship

Social media users are leaving traditional providers in droves in favor of more independent platforms over fears of unwarranted data collection, censorship, and refusal of service. A change to WhatsApp’s terms of service has triggered a mass exodus from the messaging platform to more private and independent rivals like Telegram and Signal, which have registered […]

Altcoins move higher while Bitcoin price finds resistance near $35,000

DeFi tokens and altcoins move high as Bitcoin price finds resistance near $35,000. On Jan. 12 Bitcoin (BTC) price rebounded slightly as the price attempted to re-enter the $37,000 range but at the time of writing increased selling is pushing the price back toward the $32,000 mark. While the bearish price action may have shaken […]

Number of financial planners investing in crypto increases by 50%

A survey published by Bitwise has found that nearly 10% of investment advisors have made client portfolio allocations into crypto assets. A survey published by crypto index fund provider Bitwise Asset Management has found the number of financial advisors allocating capital toward crypto has increased by roughly 50% in one year. The survey, conducted in […]

Trader comforts the market’s traumatized first timers amid falling prices

Bitcoin’s recent 28% drop has been a somewhat harrowing experience for some first time buyers. Known for its volatility, Bitcoin (BTC) recently fell more than $11,000 over a four-day period after weeks of soaring price action. Amid a fresh bull cycle, Bitcoin has likely picked up its fair share of new buyers — some of […]