Block Network

July 27, 2020

Polkadot Passes Proposal to Make DOTs ‘More Ergonomic’

Polkadot’s first major voting proposal passed with 86% in favor of multiplying the DOT supply 100-fold. The first token-based vote on the Polkadot network passed in favor of multiplying the DOT supply 100-fold.As announced on Monday, a proposal to give DOTs a “more ergonomic” value was accepted by the community with 86% of the votes […]

DeFi Yield Farming Is Driving Adoption, but Stakeholders Urge Caution

Industry observers say unchecked yield chasing may have negative consequences on the fledgling DeFi market. Three years on from the initial coin offering mania of 2017, decentralized finance is the new hype. Spurred on by the promise of high annual gains, traders appear to be sowing heavily in crypto’s latest yield-generating arena that is DeFi. […]

How Digital Asset Exchanges Can Meet Institutional Investors’ Need for Speed

Blockchain-based solutions designed to create a global instant settlement network have been attracting institutional traders. With low barriers for entering, competition for digital asset exchanges is intense, with an estimated more than 10,000 exchanges now operating worldwide. This competition reduces margins for all of them and also lowers deposit and withdrawal thresholds. Add in a […]

Bitcoin Price Hits 10-Month Highs as BTC Aims at $10.5K Resistance

$10,390 briefly appears as optimism spills over into the new trading week, with safe-haven gold already at record highs against the dollar. Bitcoin (BTC) hit its highest in over ten months on July 27 as bulls took control and sent the largest cryptocurrency past $10,350.Market overview from Coin360.Data from Cointelegraph Markets and Coin360 confirmed BTC/USD […]

Maker’s Value Locked Breaches $1B Ceiling, but There’s a Caveat

MakerDAO posts records in value locked as yield farmers create new Dai and Ether rallies. MakerDAO (MKR), the foundational protocol of decentralized finance on Ethereum, hit a new all-time high in the total value locked in its vaults.According to data from Defipulse, the value of the collateral locked in MakerDAO vaults is now slightly above […]

Gold, Stimulus and a Futures Gap: 5 Things to Eye in Bitcoin This Week

Gold builds on all-time highs as markets wait for news from the U.S. Federal Reserve and Bitcoin price volatility returns — where will it go? Bitcoin (BTC) begins a new week above $10,000 and teasing investors with more gains — will it last or is a correction already guaranteed?Cointelegraph takes a look at the coming […]

Coinbase CEO: Exchange Won’t List XMR Due to ‘Issue With Regulators’

Brian Armstrong says regulators would be “up in arms” with Monero listed on Coinbase, even as Binance and Kraken offer support for the token. Brian Armstrong says Coinbase won’t be listing privacy coins like Monero (XMR) as they’re still untested grounds for regulators in the United States.In a July 24 interview with Peter McCormack on […]

Tokenization Holds the Key to Sustainable Platform Business Model Growth

In a global economy becoming more and more digitized, blockchain-based tokenization could become a powerful and even perfect tool. Platform business models have become all but the de facto business model for the digital economy. This dependence means that unsustainable practices of platform business models impact the overall sustainability of the digital economy. Regarding the […]

ETH Activity in Q2 Similar to That Before 2017 ICO Market Boom

New research from Xangle suggests on-chain activity may not be the best indicator to assess Ethereum, after the price failed to rally in Q2. Though some on-chain activity for Ethereum is similar to the conditions before the price rallied to its all-time high in 2018, it failed to demonstrate the same bullish behavior in 2020.According […]

Bitcoin Price Soars on Strong Weekly Close Putting $10.5K Within Reach

Bitcoin bulls target $10,500 after BTC managed a strong weekly close and rallied to $10,315. Within the last hour, Bitcoin (BTC) price rallied above $10,000 to set a new monthly high at $10,315. The move came after a rather uneventful weekly close which saw the top-ranked digital asset on CoinMarketCap close above an important multi-year descending […]