Block Network

July 28, 2020

Almost 95% of Bitcoin Supply Flips Profitable as BTC Price Hits $11.4K

Profitability mimics the height of last year’s bull run, but the circumstances have changed beyond recognition in 2020. The vast majority of the Bitcoin (BTC) supply is now in profit after its price bull run to $11,400, data shows.Tracked by on-chain monitoring resource Glassnode, as of July 27, almost 95% of the Bitcoin supply is […]

China and US Must Learn From One Another and Collaborate on CBDC

The governments of China and the U.S. frame digital currency as part of their great-power competition, but instead they should work on this technology together. Today, the relationship between China and the United States is one of escalating competition. On Oct. 23, 2019, Facebook CEO Mark Zuckerberg testified before the U.S. House Financial Services Committee […]

Mainframe’s Latest Blockchain Protocol Acquisition to Enable DeFi Bond System

Mainframe plans to integrate Sablier’s money streaming technology into a fixed-rate lending protocol and create tokenized debt markets akin to digital bonds. Blockchain firm Mainframe has acquired Sablier, an Ethereum-based protocol for real-time finance.Mainframe plans to integrate Sablier’s money streaming technology into a fixed-rate lending protocol and create tokenized debt markets akin to digital bonds.Crypto […]

China’s TON Spin-Off Launches Testnet and Token Airdrop

As the official Telegram Open Network is being prepared to shut down on Aug. 1, global TON technology projects continue progressing. TONCommunity.org, one of the multiple spin-offs of Telegram’s unlaunched blockchain network, has announced that its tetsnet is now live.After announcing plans for a separate TON network in late May, TONCommunity.org launched the testnet on […]

Open the Floodgates: US Customers to See More Crypto Accessibility

Digital payment platforms add more cryptocurrency features for U.S. customers, but will big banks take the lead? The cryptocurrency market has come a long way in a seemingly short amount of time. Digital payment platforms have particularly taken note of the crypto market’s impressive growth, which is evident, as many have adopted new features and […]

Cellebrite Launches Crypto Tracer Solution to Track Illicit Transactions

Cellebrite released a new cryptocurrency tracer tool that gives law enforcement and analysts the ability to track illicit crypto transactions. Digital intelligence firm Cellebrite has launched its “Cellebrite Crypto Tracer” solution.The new offering is powered by CypherTrace and aims to trace illicit cryptocurrencies involved in money laundering, terrorism, drugs, human trafficking, weapon sales and ransomware […]

Mastercard Exec Reportedly Linked to Suspect Transactions at Cyprus Bank

Wirecard has been implicated in a new report on alleged criminal activities by a Mastercard executive operating at the FBME bank in Cyprus. Controversial German payments processor Wirecard — the issuer of several crypto debit cards — has been implicated in a new report on alleged criminal activities by a Mastercard executive operating at the […]

Bitcoin Will Hit $28K and Correct, Then Hit Six Figures — Max Keiser

Bitcoin price’s current surge, which has so far topped out at $11,380, is destined to continue beyond its all-time highs, the Wall Street veteran predicts. Bitcoin (BTC) will not stop rising until it hits $28,000, Max Keiser believes as the largest cryptocurrency gains over 20% in a week.In a series of tweets on July 27, […]

Swiss SIX Exchange Lists Actively Managed Bitcoin ETP

Registered by Swiss crypto investment manager FiCAS, the new Bitcoin Capital Active ETP trades crypto without direct investor involvement. Swiss SIX Exchange, one of the world’s largest stock exchanges, is listing a new cryptocurrency exchange-traded product, or ETP.Dubbed the “Bitcoin Capital Active ETP,” the new trading product represents an actively managed crypto ETP, trading Bitcoin […]

China’s BSN Aims to Integrate With 40 Public Chains Within a Year

He Yifan of Red Date Technology shares the future plans of China’s Blockchain-based Service Network. China’s Blockchain-based Service Network (BSN) will be integrating with some of the most well-known public blockchains over the next 12 months. He Yifan, CEO of Red Date Technology, the private company behind the BSN, told Cointelegraph that the network aims to […]