Block Network

August 31, 2020

Binance lists WBTC amid the ongoing DeFi craze

Demand for Wrapped Bitcoin is increasing along with the DeFi rally. Binance, the world’s largest cryptocurrency exchange in terms of market capitalization, is listing another token to support the growth of decentralized finance, or DeFi.Wrapped Bitcoin (WBTC), a new ERC-20 token pegged to the price of Bitcoin (BTC), is now tradeable on Binance, according to […]

CipherTrace develops Monero-tracing tool to aid US DHS investigations

Cryptocurrency intelligence firm CipherTrace claims a new tool can trace Monero transactions, but skepticism remains. Privacy and anonymity are the primary benefits of cryptocurrency, yet due to the transparent nature of blockchain technology, crypto transactions are not as anonymous as some may think. Rather, Bitcoin (BTC) and other cryptocurrencies are pseudonymous, as each transaction on […]

How bot trading influences the crypto market, explained

Trading bots have become a major factor in the world of cryptocurrency, but are they potentially doing more harm than good? How to get involved?If using bots to automate your trades sounds like something you would be interested in exploring further, there are many resources available. You could certainly begin by digging into different trading […]

Three veteran CoinMarketCap executives leave the company

After over two years, CMC’s chief strategy officer Carylyne Chan is leaving the site. CoinMarketCap’s chief strategy officer and acting CEO Carylyne Chan is leaving the well-known crypto market data site — together with two of her colleagues, Jeremy Seow and Spencer Yang. Chan, who has worked at CMC since January 2018, publicly announced her departure […]

Chainlink lands on Bitcoin sidechain RSK with new integration

Developers on RSK no longer need to create their own oracle to build their DApps. Bitcoin (BTC) sidechain RSK will soon be equipped with Chainlink (LINK) oracles, enabling developers on the smart contract-enabled blockchain to tap into market price feeds and other off-chain data to build their applications.The integration is being developed by IOVLabs, the […]

OPEC to cover blockchain tech in second workshop on energy and IT

Will the oil cartel put black gold on the blockchain? The Organisation of the Petroleum Exporting Countries has announced that its Second Workshop on Energy and Information Technology will be held on Sep. 21 via videoconference.This year’s event sees blockchain technology join the range of energy and tech-related topics to be discussed.However, it is unlikely […]

USD has ‘more room to fall’ — 5 things to watch in Bitcoin this week

Amid multiple warnings over the world’s reserve currency, Bitcoin stands to gain if recent macro correlation remains intact. Bitcoin (BTC) is heading for a bullish start to another week’s trading after shrugging off lower levels to hit $11,700.Cointelegraph takes a look at five things that could shape price performance in the coming days after BTC/USD […]

Craig Wright files another libel suit against Roger Ver after 2019 fail

Craig Wright and Roger Ver are finally in the same jurisdiction. Craig Wright, a self-proclaimed creator of Bitcoin (BTC), is reportedly continuing to file more defamation suits against perceived rivals, despite none of his previous attempts turning out to be successful.On Aug. 25, Wright filed a libel suit against major industry figure, Roger Ver, with the […]

Wyoming’s ‘Crypto Cowboy’ unsaddled in primaries by alt-right candidate

The house Majority Whip fell as right wing factions sought to remove moderate Republicans from the party, but blockchain legislation is safe, says Tyler Lindholm. Wyoming State Representative and long-time crypto champion Tyler Lindholm has been unseated in the Republican state primaries by a candidate representing the far-right of the party.So far it is unclear […]

DeFi explosion: Uniswap surpasses Coinbase Pro in daily volume

The volume of Uniswap has surpassed the daily volume of Coinbase Pro after the demand for DeFi has exploded. Uniswap, the most widely-used decentralized exchange (DEX) on Ethereum, surpassed Coinbase in daily volume on Aug 30. The explosive growth of the Decentralized Finance (DeFi) market has pushed many avid investors to DEXes over centralized exchanges.The […]