Block Network

August 11, 2020

Bitcoin Price Is in ‘Early Main Bull Phase’ Circa Q4 2016 — Willy Woo

Q4 2016 is the name of the game under current conditions, Woo says, but institutional investor presence makes this year very different. Bitcoin (BTC) is copying what it did a year before its $20,000 all-time highs, and the new bull market has been here for over a year already.That was according to popular statistician Willy Woo, […]

Cyprus SEC Blacklists 7 Investment and Crypto-Related Websites

The Cyprus Securities and Exchange Commission blacklists another batch of allegedly illegal firms offering crypto and FX trading. Cyprus, a major international business center and tax haven, is warning investors against several suspicious websites offering foreign exchange and digital currency investment.The Cyprus Securities and Exchange Commission issued a warning against seven firms that have apparently […]

Mitsubishi Launches Blockchain Platform for Metal Trading

The metals and minerals subsidiary of Mitsubishi has launched a blockchain platform to digitize metal trades. The metals and minerals resource trading subsidiary of Mitsubishi Corporation, Mitsubishi Corporation RtM Japan Ltd, has launched a blockchain platform named ECO for precious metals trading.Developed by Mitsubishi in partnership with the American blockchain company Skuchain, the platform is […]

Russia’s New Crypto Analytics System to Track Dash and Monero

Dubbed “Transparent Blockchain,” Russia’s new crypto analytics system is designed to fight illicit activity related to crypto. A major financial watchdog in Russia is developing a new cryptocurrency analytics tool to trace major cryptos like Bitcoin (BTC) and privacy coins.Russia’s Federal Financial Monitoring Service, a federal service combating money laundering and terrorist financing, is reportedly […]

Australian Hacker Sentenced to 2 Years in Prison for $300K XRP Theft

An Australian woman is facing more than two years in prison after stealing more than $300K in XRP tokens in January 2018. A judge has sentenced Australian citizen Kathryn Nguyen to a maximum time of 2 years and 3 months in prison for her role in stealing more than 100,000 XRP tokens in January 2018.According […]

What Would the Re-Election of Alexander Lukashenko Mean for Crypto?

A contested election between president Alexander Lukashenko and Svetlana Tikhanovskaya leaves the future of crypto in Belarus in limbo. Protests have erupted in Belarus following the country’s presidential election on Sunday, but the possible continued presidency of Alexander Lukashenko may be good news for crypto.Lukashenko reportedly won re-election against opposition candidate Svetlana Tikhanovskaya in a […]

USDA Proposes Blockchain Ledger for Organic Product Supply Chain

The USDA’s Agricultural Marketing Service is proposing the department utilize DLT to trace the supply chain of organic products. The U.S. Department of Agriculture has proposed amending its rules on organic products to include implementing blockchain technology to trace its supply chain.According to an Aug. 5 report from the U.S. Department of Agriculture (USDA) Agricultural […]

Ethereum Classic’s Leadership Says They Don’t Need Charles Hoskinson’s Bailout

ETC quickly sidelines an interesting offer from Charles Hoskinson. Cardano (ADA) founder Charles Hoskinson recently offered to help the troubled Ethereum Classic (ETC) community, but it came with a major condition. The community would first have to institute a decentralized treasury system, similar to Hoskinson’s Cardano and many other blockchain projects. If the community did […]

DeFi Tokens BAND, LINK, Outpace Bitcoin Price by Gaining 100% in 10 Days

Strong growth in the DeFi sector led Band Protocol (BAND) and Chainlink (LINK) to gain more than 100% over the past few weeks. This week Bitcoin (BTC) price is making waves as the digital asset finally pushed above the $12K mark, but prior to this move, altcoins have been strongly outpeforming BTC for weeks. Two of […]

August 10, 2020

IOTA Revs Its Engines for Mainnet Upgrade Launch

Chrysalis is barely a week away from going live. The IOTA network is preparing to launch the first phase of Chrysalis, also known as IOTA 1.5, on its mainnet sometime next week.According to a tweet published by the IOTA Foundation, the upgrade will allow the network to process 1,000 transactions per second, and will institute […]