Block Network

July 29, 2020

Binance Opens Up ‘Full Fiat’ Australian Exchange

The most recent spin-off from the mothership, Binance Australia, claims to provide local traders with the speed, deep liquidity and security of the flagship platform. Major cryptocurrency exchange Binance is launching a fiat-to-crypto trading platform in Australia, offering support for direct purchases of crypto using the Australian dollar (AUD).Binance already operates Binance Lite Australia which […]

Monex’s US Subsidiary TradeStation to Launch Crypto Lending Service

U.S. online brokerage TradeStation will soon launch its own cryptocurrency lending service. United States-based TradeStation, a subsidiary of Japanese firm Monex Group, is planning to launch a crypto lending service.The plan was announced in Monex’s earning report published on July 29. Called “Crypto Earn” the new lending service is “C2B2B” that lends institutions borrowed assets […]

Aave Ascends Market Rankings as Flash Loans Explode

Aave is climbing the DeFi and market cap rankings as its flash loans see daily volume exceeding $100 million. Decentralized finance (DeFi) loan protocol Aave has seen an explosion in the number of flash loans issued — with the daily value of said loans growing more than 1,000% since the start of July from $11 […]

Data Breach at Crypto Wallet Firm Ledger Exposes User’s Personal Info

Hardware wallet provider Ledger said its marketing database was breached between June and July. Major cryptocurrency hardware wallet provider Ledger has alerted customers to a data breach it faced in June and July.In an email on July 29, the company said it was made aware of the breach on July 14 when a researcher participating […]

Cambodians Still Waiting on Central Bank Digital Currency

Somewhat behind schedule, Cambodia’s banks are readying themselves for a forthcoming national blockchain-based currency. At the start of the year, Cambodia made headlines when the central bank announced it would be launching a national blockchain-based digital currency in the first quarter of 2020.Called “Bakong,” a month into the third quarter the currency hasn’t yet become […]

Peter Schiff: Gold ‘Harder to Confiscate’ Than Bitcoin as Searches Spike

Schiff makes some controversial assertions about gold’s prowess as mainstream interest in both gold and Bitcoin surges. Bitcoin (BTC) loses to gold when it comes to how easy it is to transport and confiscate, says Peter Schiff.In a tweet on July 29, the gold bug and infamous Bitcoin skeptic claimed that it was easier to […]

A Birthday Look: 5 Years of Ethereum Network Updates, Delays and Changes

Ethereum has come a long way since its 2015 beginnings, although its move into proof-of-stake has faced a bevy of delays. Five years ago to the month, a massive crypto project launched, forever changing the landscape of the crypto and blockchain space. Since its 2015 opening day in July, Ethereum has undergone a number of […]

Aussie Exchanges Partner With Crypto Tax Firm as ATO Eyes Traders

Popular Australian crypto exchanges Coinjar, Cointree and Swyftx have partnered with Koinly to track their clients’ tax obligations. Crypto taxation software provider Koinly has announced a partnership with three Australian digital asset exchanges to simplify their clients’ tax reporting.Coinjar, Cointree and Swyftx announced support for Koinly on July 29, allowing the exchanges’ customers to automatically […]

HEX Plasters UK With Ads Boasting of 11,500% Returns

Ads boasting that the price of the controversial HEX token has risen 11,500% in four months appeared at English Premier League soccer games. Richard Heart’s controversial HEX token has launched an advertising blitz in the U.K., plastering ads on London public transportation, in newspapers, and during English Premier League soccer games. As reported by Twitter user […]

Augur Deploys V2 Upgrade, Integrates Features From DeFi

Decentralized prediction market platform Augur has completed its v2 upgrade, introducing a host of DeFi features onto the platform. Decentralized predictive betting market platform Augur (REP) has announced the successful deployment of its v2 upgrade.The upgrade is intended to address bugs and vulnerabilities identified with the existing platform and its rules surrounding betting markets, to […]