Block Network

August 27, 2020

Cointelegraph Talks: Join us Friday for a livestream about crypto in the music industry

We’ll have three crypto music entrepreneurs on hand to discuss the future of the industry. What are you doing Friday afternoon?Cointelegraph is hosting the latest edition of its Cointelegraph Talks series this Friday, August 28, at 3 PM Eastern / 12 PM Pacific on our YouTube channel. We’ll have three entrepreneurs active at the intersection of […]

Brazil’s central bank examines the benefits of a CBDC

Brazil’s central bank believes you’ve got to change money, to save money. The Central bank of Brazil — or Banco Central do Brazil — is laying the groundwork for a Central Bank Digital Currency (CBDC) with an official statement revealing it has already formed a dedicated group to study the crypto industry.According to the central […]

Audits first: ‘No strings-attached grants’ to prevent DeFi debacles

Fair Launch Capital’s business model may help prevent future YAM DeFi debacles. A new project called Fair Launch Capital claims to be offering a new way for founders to fund crypto networks.According to an Aug. 26 tweet from Fair Launch Capital (FLC), the project will provide access to capital for founders to fund their crypto […]

August 26, 2020

The frontrunner in the ‘World Series of Trading’ is up 4000% so far

How the heck is this even possible? A trader has managed to secure over 4,000% profit in less than three weeks as part of the World Series of Trading, or WSOT — a competition hosted by leverage crypto trading exchange, Bybit.Using his Twitter name for the competition, SalsaTekila appears on the WSOT troop leaderboard, advancing […]

Latest Fidelity filing outlines mainstream Bitcoin trading product

Mainstream finance continues piling into Bitcoin. Fidelity has filed for a Regulation D exemption with the U.S. Securities and Exchange Commission, or SEC, for a Bitcoin-based financial product.Known as the Wise Origin Bitcoin Index Fund, the product falls under the “pooled investment fund” category, according to the firm’s Form D filing, dated Aug. 26, 2020. […]

New crypto analytics app promises to make trading more mature

The project also wants to give traders access to better information. A new cloud-based platform called altFins is releasing a crypto analytics app that will allow investors and active crypto traders to screen, analyze, and trade altcoins across a multitude of exchanges.According to data from on-chain analytics firm Glassnode, daily demand for Bitcoin is higher […]

Reddit user warns of a copy & paste exploit that stole his crypto

He doesn’t know if it was the work of crypto malware or a more sophisticated hack. A Reddit user operating under the name “seraf1990” warned of a copy & paste crypto scam that replaced a wallet address he copied from Coinbase with one belonging to scammers. According to seraf1990, he lost about $350 worth of […]

Price analysis 8/26: BTC, ETH, XRP, LINK, BCH, LTC, BSV, CRO, BNB, ADA

Bitcoin and altcoins are likely to remain range-bound in the short-term as the bulls and the bears attempt to assert their dominance. On Thursday, U.S. Federal Reserve chairman Jerome Powell is expected to deliver an important speech that will highlight a new strategy of targeting “average inflation.” This means that the Fed might allow inflation […]

JPM blockchain creator says the project was going nowhere, JPMorgan wanted rid of it

He also said that nothing built on Ethereum is capable of scaling. Will Martino, the former lead engineer for JPMorgan’s first blockchain Juno, shared insights into the project’s acquisition by ConsenSys with Cointelegraph. He believes that while the technology was good for its time, it inherited fundamental flaws from Ethereum (ETH). Since leaving JPMorgan, he […]

A new report from Mexico says banks are used to launder money more than crypto

The traditional banking sector is lagging behind in the race with crypto. Mexico’s Financial Intelligence Unit recently published the results of its second National Risk Assessment. The report highlighted that the risk of money laundering in the banking sector far surpasses the issues encountered by fintech companies.According to El Economista, the so-called “G7 banking” group […]