Block Network

August 28, 2020

Charles Hoskinson’s IOHK submitted a decentralized treasury proposal to the Ethereum Classic community

Would a 20% block reward reduction matter in the long run? Charles Hoskinson’s IOHK recently published two Ethereum Classic Improvement Proposals, or ECIPs, meant to help the struggling chain recover after a slew of recent 51% attacks. The first introduced a checkpoint system to prevent the possibility of such attacks, and the second proposed a decentralized treasury — a seemingly […]

This South Korean film festival will be powered by blockchain technology

The event will reward participants with token-based rewards. An upcoming film festival, hosted by the Gyeonggi Film School, will be held from September 25 to October 4. Recently, the festival announced its partnership with MovieBloc, a Blockchain-based media distribution platform.According to Fn News, the festival’s audience will be able to rate each film in real […]

‘Sex sells’ – sex.crypto sells for 230 ETH

The purchaser currently owns 196 Unstoppable Domains. Earlier today, the domain ‘sex.crypto’ sold for 230 ETH, or approximately $90,000 at press time. The domain extension .crypto is generated by Unstoppable Domains and is censorship-resistant. The transaction, which occurred on OpenSea’s token marketplace, was completed by a user named Maxstealth. Currently, he owns 196 .crypto domains in total.This […]

The Cointelegraph Talks music panel starts now, watch here!

Three entrepreneurs will discuss how innovation flourishes at the intersection of blockchain and music. Cointelegraph’s head of news, Dylan Love, is hosting three guests for a livestream on our YouTube channel about blockchain technology’s impact on the music industry. The event starts right now: check it out above, or head over to our YouTube page […]

Price analysis 8/28: BTC, ETH, XRP, LINK, BCH, LTC, BSV, CRO, BNB, EOS

Bitcoin and altcoins are holding key support levels, suggesting bulls will try to break above overhead resistance levels soon. In his speech on Aug. 27, U.S. Federal Reserve chairman Jerome Powell said that the central bank will allow inflation to stay above its 2% target level if the figure has been languishing below that level […]

Digital yuan doesn’t pose a threat to the hegemony of the dollar, says expert

Foreign investors still doubt the PBoC’s policies when it comes to the RMB exchange rate. Eswar Prasad, a professor of Trade Policy at Cornell University and a senior fellow at the Brookings Institution, believes that even though China’s digital yuan will enhance the renminbi’s role as an international payment currency, it will “hardly put a […]

Adjusted TVL metric helps put DeFi growth in perspective

Fundamental growth is not so impressive when you factor out the bull run. A new metric published by DappRadar wants to paint a more reliable picture of how the decentralized finance ecosystem is growing.Called “adjusted TVL,” the metric attempts to clean total value locked readings from any external influence — primarily price increases.Total value locked […]

Crypto market remains bullish as $1B in Bitcoin derivatives expire

Major monthly Bitcoin options and futures expiry sees markets becoming bullish on BTC. Bitcoin derivatives witnessed a major expiry event with a notional value of over $1 billion. Today, $272 million of Bitcoin futures expired on the Chicago Mercantile Exchange, while over 65,000 Bitcoin options contracts expired across Deribit, CME and OKEx, having a notional […]

A new Cardano-based project is handling oracles a lot differently than Chainlink

Will Cardano rely on its oracles or integrate Chainlink’s? Cardano (ADA) is getting into data oracles ahead of the Goguen era that will add smart contract functionality, taking a different approach than Chainlink. The first oracles are being built in partnership with EMURGO, one of the companies in the Cardano ecosystem, and Ergo (ERG). The […]

The DeFi craze continues as exchanges rush to list popular tokens

Major crypto exchanges continue to elevate the stature of the DeFi space. OKEx is the latest cryptocurrency exchange to hop on the DeFi bandwagon. On August 28, they announced listings for eight different DeFi tokens, including Band Protocol (BAND), JUST (JST), REN, Reserve Rights (RSR), Yearn.finance (YFI), Nexus Mutual (wNXM), YFII.finance (YFII), and Tellor (TRB). […]