Block Network

August 15, 2020

Why Cryptocurrency Is More Than a Hedge Against US Dollar Inflation

Precious metals used to be the best way to protect your portfolio from natural value deterioration, but Bitcoin is changing the game. During times of international economic crisis, governments print money. This leads to inflation and investors subsequently stashing their investment capital in long-term, stable investments. Historically, that has meant gold, but in the current […]

California Moves Forward With Digital Asset Bill

Originally seeking to define digital assets, the bill now orders for a study to look at the impact of digital assets if these were securities. California’s Senate Banking and Financial Institutions committee has passed a bill seeking to define digital assets and measure its impact on the state and consumer protections. Assembly Bill 2150, which can […]

Decentralized Exchanges Maturing, but High Demand Reveals Limitations

The growth of decentralized exchanges in 2020 has been phenomenal, but there is a hard ceiling with current technology. Decentralized exchanges, also known as DEXs, have risen significantly in popularity since the start of 2020, with both their user bases and volumes growing at an accelerating pace. The sector is currently being driven by so-called […]

Indian Crypto Exchange WazirX to Enter DeFi Amid Uncertain Regulations

Indian crypto exchange WazirX plans to attract current users and institutional investors with its market maker protocol. One of the leading cryptocurrency exchanges in India, WazirX, today said they are gearing up to develop and launch their first decentralized finance product in partnership with the Matic network.In an announcement shared with Cointelegraph, the company said […]

Can Belarus Use Crypto to Bypass Sanctions? Experts are Skeptical

Sanctions could be coming to Belarus. Can the crypto-friendly country beat it with Bitcoin or Ethereum? As the massive protests in Belarus continue after a controversial election that saw President Alexander Lukashenko extend his mandate, questions arose about how Belarus could deal with potential U.S. and European Union sanctions and how cryptos such as Bitcoin […]

Good Stablecoin Rules in the EU Pave the Way for CBDCs and a Digital Euro

In the EU, getting laws right on Libra could be the best way to speed up a digital euro from the European Central Bank. While Facebook’s Libra project might have shaken the United States government the most, the aftershocks were felt all over the world. The European Union was no exception: The publication of the […]

Warren Buffett Buying Gold May Push Bitcoin to $50K, Investors Say

Warren Buffett’s Berkshire Hathaway sold bank stocks to buy a gold mining company, which will indirectly boost the price of Bitcoin, investors say. Berkshire Hathaway, the $503 billion conglomerate led by Warren Buffett, sold Goldman Sachs for a Canadian gold company Barrick Gold. Max Keiser, the founder of Heisenberg Capital and an early Bitcoin investor, […]

The Blockchain Paradox: Decentralization Through Centralized Institutions

Institutional adoption of blockchain can offer great benefits, as truly decentralized control often comes from the roots of centralization. The power of blockchain technology to decentralize control of our financial economy is well documented. It is one of the cornerstones of the origins of the technology, with the genesis block of Satoshi Nakamoto’s Bitcoin (BTC) […]

Educating Congress on Tech Is The Next Frontier for This Blockchain Caucus Co-Chair

Congressman Soto talks about the point where crypto education meets solid policy and what’s standing in the way. “I remember watching the hearings before the Energy and Commerce Committee with Mark Zuckerberg, and it was clear that a lot of my colleagues didn’t really know a lot about technology,” recalls U.S. Representative Darren Soto.When Soto […]

Unraveling the Blockchain and Crypto Gaming World One Click at a Time

The latest wave of incoming blockchain-enabled games promise AAA experiences for gamers, potentially exposing 2.5 billion people to crypto. Regular readers will no doubt be aware of the high expectations currently being placed on the shoulders of blockchain gaming. For advocates of blockchain technology, there is the hope that tapping into the estimated 2.5 billion […]