Block Network

August 12, 2020

Crypto Porn Startup Says Its New Governance System Is Better Than DAOs

PornVisory is moving to a decentralized governance structure based on the DFO standard, which allegedly allows greater user influence than DAOs. Cryptocurrency pornography startup PornVisory is moving to a decentralized governance structure based on the (decentralized flexible organization) ​DFO standard.According to PornVisory, DFO governance will enable token holders to propose changes and vote on governance […]

3 Reasons Why MicroStrategy Adopted Bitcoin — And Why Others Will Too

The CEO of the company that just bought 21,454 BTC calls it “digital gold,” and the tide will cause the business world to admit the same, say supporters. MicroStrategy has adopted Bitcoin (BTC) as its reserve currency — and stunned commentators by purchasing over 21,000 BTC on Aug. 11.The world’s largest publicly-traded business intelligence company […]

Indian State of Telangana Is Interested in Using Blockchain for E-Voting

The State Government of Telangana may develop a blockchain e-voting platform for state and national-level use. The Southern Indian state of Telangana may soon develop and test a blockchain-based electronic voting system to facilitate remote voting.Speaking at a webinar conducted by the Election Commission of India and Tamil Nadu E-Governance Agency, the Principal Secretary of […]

Three Reasons Why NFT Market Is Bound to Rise and Shine

As the world becomes more and more digital, the solution to the question of ownership is already here in the form of NFTs. In early July 2020, the total sales of nonfungible tokens, or NFT, hit $100 million. And that is just the start. As the DeFi market reached $4 billion in locked value and […]

Crypto-Friendly British App Revolut Reportedly Tripled Losses in 2019

Revolut’s losses in 2019 surged over 200% due to investment in international expansion, Revolut founder and CEO says. Revolut, a crypto-friendly trading app and one of the biggest fintechs in Europe, reportedly tripled its losses in 2019 despite growth in revenue and new customers.The London-based company reportedly posted a total loss of more than 106 […]

Championing Blockchain Education in Africa: Women Leading the Bitcoin Cause

“Women need to be financially independent. This is the biggest weapon they can use to liberate themselves. When they no longer depend on anyone, they can then reach their full potential.” Its no secret that women are underrepresented in the technology and financial industries. In the U.S, women only hold a quarter of computing-related jobs. […]

Grayscale Bitcoin Trust Saw Surge in Investor Interest After March

Grayscale’s Bitcoin Trust issued almost twice as many shares, but arbitrage could have played a role. The Grayscale Bitcoin Trust, an investment tool that aims to provide an indirect exposure to Bitcoin (BTC) for investors in traditional markets, reported a significant increase in how many shares it issued between Q2 and Q1 of 2020.According to […]

Token Launches From Ethereum to Telegram: Where Do We Go From Here?

The time has come for policymakers and regulators to provide a workable pathway that allows blockchain tech to develop and grow. In February, United States Securities and Exchange Commission Commissioner Hester Peirce was asked to give her opinion on the SEC’s case against Telegram. She declined to comment at the time, as SEC officials do […]

Lawyer to File Crypto Class-Action Seeking Billions From Social Media ‘Cartel’

Andrew Hamilton, the CEO of legal firm JPB Liberty, is ready to file a class-action lawsuit seeking billion in damages from the social media “cartel” that sought to kill crypto in 2018. Andrew Hamilton, a lawyer with a background in computer science, is spearheading a class-action lawsuit accusing the social media and search giants Google, […]

Venezuela May Soon Be Collecting Taxes in Crypto

Venezuelan mayors agreed to join the government’s plan to expand the adoption of Petro despite some municipalities not having the technology to handle it. The Bolivarian Council of Mayors in Venezuela signed the so-called “National Tax Harmonization Agreement” for 305 municipalities in the country, including the Petro (PTR) as a means to collect payments of […]