Block Network

May 23, 2020

New Bill in Ukraine to Finally Let Crypto Firms Open Bank Accounts

content: The Ministry of Digital Transformation of Ukraine published crypto draft law “On Virtual Assets” in response to FATF’s June 2020 deadline. Ukraine is getting closer to providing a legal status for cryptocurrencies like Bitcoin (BTC) with a new draft bill published on Monday. On May 18, the Ministry of Digital Transformation of Ukraine published […]

JP Morgan: CBDC Threatens Hegemony of US Dollar

content: JPMorgan believes that central bank digital currencies may undermine the hegemony of the US dollar. JPMorgan believes the central bank digital currencies, or CBDC, could pose a threat to the global hegemony of the US dollar. According to a report covered by Bloomberg, the bank’s chief U.S. economist asserted that “[t]here is no country […]

Wyoming’s Congressional Blockchain Committee Holds First Meeting

content: After graduating from task force to select committee this week, the blockchain crew within Wyoming’s state legislature held their first meeting today. On May 22, Wyoming’s Select Committee on Blockchain, Financial Technology and Digital Innovation technology convened in full for the first time, albeit virtually. Initially announced on May 17, the new select committee […]

Yiedl Announces Marketplace for NFT Rentals and Mortgages

content: Predicting the increasing tokenization of real-world assets, Tokyo-based startup Yiedl plans to launch the first P2P marketplace for NFT mortgages and rentals. Tokyo-based crypto startup Yiedl has announced that it will launch a non-custodial peer-to-peer, or P2P, mortgage and rental market for non-fungible tokens, or NFTs. Speaking to Cointelegraph, Yiedl founder and chief executive […]

Crypto Healthcare Project Announces Telehealth Exchange for Remote Medicine

content: Cryptocurrency healthcare startup Solve.Care announced a blockchain remote medicine platform. Cryptocurrency healthcare startup, Solve.Care, recently launched a blockchain remote medicine platform. According to an announcement sent to Cointelegraph on May 22, Solve.Care announced a new marketplace that allows users to consult medical practitioners anywhere in the world. It’s called the Global Telehealth Exchange, or […]

Ontology Partners With German Startup to Accelerate Supply Chain Identity Solutions

content: Ontology has partnered with digital identity specialist Spherity to expedite the development of ID solutions across the supply chain. Ontology recently partnered with German digital identity and cloud wallet provider, Spherity, to collaborate on expediting development on digital identity solutions for products and enterprises. The partnership will see Spherity’s Cloud-Edge wallet integrate with Ontology’s […]

Wild Weekend for Bitcoin Price? US Lockdown Loosens on Memorial Day

content: Bitcoin’s recovery to $10,000 is currently hindered by resistance at the 20-MA and with a holiday weekend coming up traders brace for volatility. Since dropping below the ascending channel trendline to $8,815 on May 21, Bitcoin (BTC) price has recovered 4.78%. BTC/USD continues to meet resistance at the 20-day moving average, obstructing traders’ desire […]

DeFi Exec Believes Crypto Community Mostly “Short-Term Thinkers”

content: DeFi entrepreneur Alex Mashinsky has slammed crypto’s culture and community for short-term profiteering. In an interview with Cointelegraph, Alex Mashinsky, the founder of the decentralized finance app Celsius Network, took aim at the crypto community for becoming fixated on short-term profiteering and failing to drive mass adoption. Mashinsky urged the community to capitalize on […]