Block Network

May 28, 2020

Celsius Users Can Now Buy Tether Gold via Debit and Credit Cards

Celsius users can now purchase Tether Gold via credit and debit cards with a minimum purchase amount of $50. Celsius Network is expanding its partnership with fiat-to-crypto payments provider, Simplex, by enabling its users to buy more crypto with credit and debit cards.Celsius, a major crypto lending startup, now allows its users to purchase gold-backed […]

Bitcoin Price Surges Past $9.4K as Week of Gains Targets Five Figures

$10,000 is edging ever closer for Bitcoin, which has gained $800 in the past few days and taken little notice of resistance levels. Bitcoin (BTC) hit $9,400 on May 28 in its latest attempt to upend a downward trend which had seen $8,640 lows just days before.Cryptocurrency market daily overview. Source: Coin360BTC price: 3-day gains […]

After a Slow Start, Tether Sees Increasing Usage in DeFi

Tether usage is picking up pace in DeFi as Aave reports over 10% of its assets locked are in USDT, after a slow start that saw its competitor USDC gain adoption. Tether (USDT) usage in decentralized finance (DeFi) appears to be growing, as lending protocol Aave reports over $7.2 million in USDT locked, out of […]

Will Trump’s Social Media Executive Order Help Against Crypto YouTube Bans?

U.S. President Trump’s new executive order touches on media censorship, something crypto YouTubers know all too well. Those in the know expect President Trump to sign a fresh executive order today, imposing greater accountability on social media providers.The order draft, labeled at press time as “Preventing Online Censorship,” brings further clarity to social media industry boundaries, […]

Torus Launches Key Management System to Streamline DeFi

Torus has launched its non-custodial key management solution, which is designed to bring web2.0-like user experiences to web3 applications. Crypto key management platform, Torus, has launched its non-custodial key management solution DirectAuth — enabling streamlined log-in experiences for web3 applications.DirectAuth builds on top of the Torus Wallet, which facilitates one-click logins for decentralized applications, or […]

A New Ransomware Deploys Human-Operated Attacks Against Healthcare Sector

Microsoft unveiled a new human-operated ransomware called “PonyFinal” that deploys the attack by launching manually a payload. Microsoft’s security team revealed a new ransomware that is deployed in human-operated attacks. It uses “brute force” against a target company’s systems management server, and mainly has targeted the healthcare sector amid the COVID-19 crisis.According to a series […]

How Blockchain Tech Is Revolutionizing Traditional Lotteries

There are many challenges in traditional lottery systems. Can distributed ledger technology help to solve them? In today’s evolving business world, industry leaders across the globe are turning to blockchain technology to revolutionize their respective industries. Although blockchain is still a relatively new concept, a growing number of companies are now investing in it. Blockchain […]

Telegram CEO Donates 10 BTC to Charity Project in Russia

Telegram CEO Pavel Durov donates 10 BTC to a Russian charity project backed by a local political activist. Pavel Durov, founder and CEO of popular messaging app Telegram, has purportedly resumed his charity activity soon after terminating Telegram’s blockchain project.Known for philanthropic activity, including a $1 million donation to Wikipedia, Durov has donated 10 bitcoins […]

SEC Comm: A Bitcoin ETF Could Help Fairly Price Grayscale’s GBTC

The SEC commissioner Hester Peirce believes that a Bitcoin ETF could help price more fairly instruments like Grayscale’s Bitcoin Trust (GBTC). In a Bloomberg interview, the SEC commissioner, Hester Peirce, said the approval of a Bitcoin (BTC) ETF by the regulator could help price non-exchange traded instruments like Graysclale’s GBTC more fairly.The commissioner has again […]

Electroneum to Launch Electricity Top-Ups Across Africa

Crypto payments network Electroneum takes aim at expanding to African countries with new electricity top-up feature. The blockchain-based digital payment project, Electroneum, will be launching an in-app electricity top-up feature across four African countries — Nigeria, Senegal, Mali and The Gambia.The electricity top-up feature will allow ETN app users to top-up their electricity meters directly […]