Block Network

May 23, 2020

We Have All Had A ‘Pizza Day Moment’ — What’s Yours?

content: Detailing his own coffee purchase experience, Andreas Antonopoulos said many other similar stories likely exist from the years following “Bitcoin Pizza Day”. Famous entrepreneur and author, Andreas Antonopoulos, said that he paid five Bitcoin (BTC) for one pound coffee in 2012.   “I don’t rerget it or any other BTC I spent, or gifted,” Antonopoulos told […]

Institutional Investors Buying Up BTC Like Crazy After Halving

content: Institutional interest in Bitcoin is experiencing an unprecedented surge, with GBTC alone swallowing up 17% of newly mined Bitcoins. Both data and first-hand accounts from industry insiders indicates that an interest in Bitcoin (BTC) from institutional investors is accelerating at a rapid pace. This has led some to conclude that the “perfect storm” is […]

Plus Token Leadership Faces Criminal Prosecution in China

content: PlusToken main criminal suspect is facing public prosecution. One of the ringleaders of Plus Token is now facing criminal charges in China. Plus Token is one of the largest apparent scams in the cryptocurrency industry’s history. According to local media, Zhou will face public prosecutors in the Court of Jianhu County, Yancheng City, Jiangsu […]

Price Analysis 5/22: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, ADA

content: A few major cryptocurrencies are in an uptrend and they could offer buying opportunities in the short-term. For some reason, Bitcoin (BTC) analysts never take the middle path. They either project that the price will go to the moon or warn of imminent doom. After surviving and thriving for over a decade and being […]

New Ransomware Employs Never-Before-Seen Attack Method

content: A UK-based cybersecurity firm unveiled new details of Ragnar Locker ransomware attack that uses a VirtualBox app. A new study warns of a new ransomware attack method that runs a virtual machine on target computers in order to infect them with the ransomware. This may play the attack beyond the reach of the computer’s […]

Layer1 Stabilizes Texas Grids With ‘Bitcoin Batteries’

content: Layer1 Technologies has deployed its proprietary mining containers as electricity storage systems to stabilize Texas’ electricity market. U.S.-based Bitcoin (BTC) mining datacenter operator Layer1 Technologies has deployed its mining containers as “Bitcoin Batteries” comprising large-scale energy storage systems. Layer1 asserts that its bitcoin batteries will help stabilize Texas’ seasonally volatile energy market by releasing […]

South Korean University Announces New Blockchain Campus

content: A Daegu-based university has made a deal with the Korea Artificial Intelligence Association to build a blockchain campus. South Korea’s Suseong University reached a deal on May 22 with the Korea Artificial Intelligence Association, or KORAIA, to create a blockchain and AI campus in Daegu. According to the announcement published by local media outlet […]

China Strikes Down 10% of Global BTC Hashrate, Who Will Pick Up The Slack?

content: Citing the increase in illicit crypto-related activities, the provincial government of Sichuan moves to stamp out 10% of the global Bitcoin hashrate. The government of China’s Sichuan province moves to stamp out Bitcoin (BTC) mining activity, citing that growing cryptocurrency prices have led to the escalation of illegal activity under the guise of mining. […]

Where Are the Bitcoin Pizza Coins Now?

content: Approximately 10 years ago, someone paid 10,000 Bitcoin for two pizzas, but what happened to those coins after the purchase? Coinfirm has found out. Today marks the 10th anniversary of Bitcoin’s first official commercial purchase. On May 22, 2010, programmer Laszlo Hanyecz completed the first documented commercial Bitcoin purchase, paying 10,000 for two Papa John’s […]

African P2P Volume Beats Out Latin America for First Time

content: African peer-to-peer Bitcoin trade has generated more than $14.6 million in weekly volume, comprising a new record for the continent. African peer-to-peer, or P2P, Bitcoin (BTC) trading volumes have continued to increase, with the continent posting its third-consecutive all-time high for trade activity. Africa’s surging volumes come amid a plateauing in global P2P trade, […]