Block Network

May 26, 2020

Is Blockstream’s Liquid Network an Attempt to Compete for Tokens with Ethereum?

Blockstream seems to be taking a page out of Ethereum’s book as it sponsored a game that uses Liquid to issue non-fungible tokens, despite earlier criticism of the platform. At Consensus Distributed on May 12, Blockstream presented Lightnite, a Fortnite-like game that uses the Liquid Network for storing non-fungible tokens (NFT) representing game items.While the […]

Visa Approves New DeFi-Enabled Crypto Card in EU and UK

Swiss DeFi startup Eidoo partners with principal member of Visa Europe to issue a new Visa crypto debit card. Cryptocurrencies like Bitcoin (BTC) aren’t really easy to spend in day-to-day life, mainly because retailers prefer to stay away from crypto’s volatility. In order to build a bridge between traditional finance and emergent assets like Bitcoin, […]

May 25, 2020

Miners, Gaps and a Giant Short: 5 Things to Know for Bitcoin Price Now

A basket of bearish signals suggests further problems for BTC/USD, but a higher CME futures gap is among the causes for hope this week. Bitcoin (BTC) faces a challenging week as $9,000 support fades and uncertainty increases after the halving — what should you look out for in the coming days?Cointelegraph’s weekly summary takes a […]

Stablecoins Could Transfer Value Across Blockchains, Says Vitalik Buterin

Ethereum co-founder Vitalik Buterin suggested that stablecoins could serve as instant cross-blockchain bridges. Ethereum co-founder Vitalik Buterin thinks that the stablecoin industry is missing a valuable opportunity to improve interoperability between different blockchains. In a lengthy Twitter thread on May 20, Buterin suggested that stablecoins could enable users to move value across different blockchains:“In the specific […]

Power Ledger Brings Peer-to-Peer Renewable Energy Trading to Thailand

Australian blockchain firm Power Ledger has announced a partnership to develop a digital energy company in Thailand, utilizing its peer-to-peer renewable energy trading tech. Australian firm Power Ledger announced a partnership with Thai Digital Energy Development (TDED) on May 25 to create a blockchain-based digital energy platform in the country.The platform will enable environmental commodity […]

Crypto-Focused Social Media Platform Attempts to Tackle Impersonators

Floyx, a social media platform for the crypto community, aims to prevent crypto impersonation scams by developing a novel system. Floyx, a Malta-based social media platform for the crypto community, is trying to prevent crypto impersonation scams by developing a novel system.Floyx CEO Kamil Kępiński explained to Cointelegraph that the platform can prevent malicious actors […]

Early Bitcoin Miner Calls Craig Wright a Fraud Through ‘His Own’ Addresses

Craig Wright’s claim to thousands of Bitcoin addresses is shaken once again as 145 addresses with BTC from 2009 signed a message saying he is a fraud. A message signed by 145 wallets containing Bitcoin (BTC) mined in its first years calls Craig Wright a “liar and a fraud.” The message was published on May 25 […]

Think There Is Only 21M Bitcoin? Think Again, Says Weiss Ratings

Exchanges use leverage like banks with cryptocurrencies, the agency argues, appearing to support self-ownership of private keys. There is actually more than 21 million Bitcoin (BTC) in the world, ratings agency Weiss has claimed as it eyes major exchanges.In a tweet on May 25, Weiss, which is well known for its controversial cryptocurrency posts, argued […]

Turkish Stablecoin Receives Spot Listing on BTSE Exchange

The Turkish stablecoin BiLira has received a spot listing on BTSE, offering a new on-ramp for Turkish investors to access crypto markets. Over-the-counter and cryptocurrency futures exchange BTSE today launched support for BiLira’s Turkish stablecoin TRYB. TRYB can now be traded against Tether (USDT) on BTSE’s spot markets.Cointelegraph spoke to BiLira and BTSE to find […]

Italian Cryptocurrency Project Plans to Pay Users to Watch Porn

Novel cryptocurrency project PornVisory plans to reward its users with blockchain tokens for watching porn on its platform. Novel cryptocurrency project PornVisory plans to reward its users with tokens for watching porn on its platform.PornVisory founder Veronica Noschese explained to Cointelegraph that there’s a natural synergy between the cryptocurrency and pornography industry, which desperately needs […]