Block Network

May 26, 2020

Samsung’s New Chip to Secure Crypto Transactions on Mobile Devices

South Korean electronics corporation Samsung continues its commitment to crypto technology with its latest security chip. South Korean tech titan Samsung announced a standalone turnkey security solution that secures cryptocurrency transactions on smartphones and tablets, according to the press release issued earlier today.The solution consists of a Secure Element (SE) chip S3FV9RR and “enhanced” software. […]

Digital Yuan Has No Launch Date, Bank of China Stresses Amid Rumors of Looming Rollout

People’s Bank of China clarified that there is still “no timetable” on a formal digital yuan launch, despite the ongoing pilot project. The People’s Bank of China, or PBoC, clarified that there is still “no timetable” on a formal digital yuan launch.In an interview published earlier today on the central bank’s website, PBoC Governor Yi Gang […]

Interoperability Platform to Use Telos Tech for Cross-Chain Transactions

Transledger’s platform enables inter-blockchain communication allowing cross-chain transactions to speed up decentralized exchanges and give Bitcoin the features of smart contracts. Telos announced on May 26 that Transledger will use its blockchain technology to power an interoperability platform enabling cryptocurrencies to move between blockchains.The Transledger platform aims to bring improvements to peer-to-peer applications like decentralized […]

RBI Says No Restrictions on Banks Providing Accounts to Crypto Traders

RBI’s recent response to an information request shows that Indian banks are not prohibited from dealing with cryptocurrency business. India’s central bank, the Reserve Bank of India, seems to finally be clarifying its stance on financial services for cryptocurrency-related businesses. In response to a right to information request, the RBI clarified that there are no restrictions […]

Australian University Launches Blockchain Postgraduate Program With IBM

Australian research university RMIT announced two postgraduate programs in cybersecurity and blockchain. RMIT University, an Australian public research university, is adding two new postgraduate programs in the field of cybersecurity and blockchain technology.The university announced May 26 that it was partnering with IBM, Palo Alto Networks, and Stone & Chalk to offer a graduate certificate […]

Bank of Lithuania Envisions Future Cross-Industry Blockchain Platform

The Bank of Lithuania has revealed ambitious long-term plans to develop its blockchain platform for use beyond the financial services sector. The Bank of Lithuania (BoL) has revealed ambitious long-term plans to develop its blockchain platform for use beyond the financial services sector.On May 26, the central bank’s blockchain-based sandbox, LBChain project, completed its third […]

This Post-Halving Bitcoin Era Will Be Unlike Any Other

The new Bitcoin era, now in full swing after the last halving, has the potential to usher in a whole new financial order. Following the recent, third halving, Bitcoin (BTC) is now in its fourth block reward era. Leading up to the event, pundits launched into varied predictions that ranged from miner capitulation to hash […]

Satoshi Didn’t Sign Craig Wright Message, Says Crypto Researcher

Researchers examine whether a message signed by a 2009 miner calling Craig Wright a fraud may have been signed by Satoshi Nakamoto. On Monday, a Bitcoin (BTC) miner — or multiple Bitcoin miners — signed a message calling Craig Wright a fraud. One of the addresses used had been previously attributed to the creator of Bitcoin, Satoshi […]

Is Ethereum 2.0’s Launch Being Slowed Down by Too Many Clients?

Ethereum 2.0’s “many clients” approach is sometimes criticized for slowing down progress, but a Nimbus developer believes this will make the network more resilient. Progress on Ethereum 2.0 has picked up pace recently as the Schlesi multiclient testnet has revealed itself to be a more-or-less stable network. Cointelegraph spoke with Zahary Karadjov, the research and development […]

Delta Crypto Exchange to Expand Into Indian Market With New Funding

New funding from CoinFund will help Delta establish a further presence in the Indian market. Crypto derivatives exchange Delta Exchange has announced a new injection of funding from blockchain investor CoinFund, aiming to provide strategic resources for both parties in their focus to expand in India.According to the announcement, New York-based firm CoinFund looks forward […]