Block Network

July 25, 2020

Chainlink Brings FX Rates Data From Top Korean Banks to DeFi

Chainlink connects a $7 trillion a day industry to the decentralized finance space by partnering with CenterPrime. Chainlink (LINK) is integrating with CenterPrime to bring a foreign exchange, or FX, rate data feed from the Korean banks to the DeFi space.“A breakthrough for Korean fintech industry”CenterPrime, a Hyperledger based project, has access to the Korean […]

July 24, 2020

Crypto Exchange Data Shows Traders Long After Bitcoin Price Breaks $9.6K

Multiple indicators are signalling that professional traders are bullish on Bitcoin derivatives, suggesting that the $10,000 level could soon be tested. There are few indicators capable of accurately detecting professional traders’ sentiment on Bitcoin (BTC). To ascertain whether or not market participants are positioned in a bullish or bearish manner, analysts usually rely on technical […]

Former Ethereum Researcher Seeks a Change of Venue for North Korea Court Case

Ethereum Researcher Virgil Griffith seeks a court venue change as well as internet usage as part of ongoing legal ordeal. Ethereum Foundation researcher Virgil Griffith plans to request changes to a court case against him — the result of a trip to North Korea.Griffith “will now seek to get the case moved for lack of […]

New Ruling Classifying Bitcoin as ‘Money’ Isn’t Anything Special

A D.C. court ruled that Bitcoin is money during a recent legal case, although the classification in this context already exists under legal expectations in much of the country. A recent Washington D.C. court case saw a man prosecuted on multiple counts for running a Bitcoin (BTC) tumbler — a method of hiding Bitcoin transactions.The […]

A Deep-Dive Into Some of the ZERO Wallet’s Advanced Security Features

Cointelegraph gets techy with CEO Ruben Merre, on some of the NGRAVE wallet’s security advances. From its initial announcement back in April to the $430,000 raised in the recently completed crowd-sale, the NGRAVE ZERO has created huge buzz in the crypto community. Billed as the most secure hardware wallet available, the permanently air-gapped ZERO is […]

Poloniex Adds US Election-Based Trades

Poloniex has added crypto assets based on President Trump’s re-election. With the 2020 U.S. presidential election looming, crypto exchange Poloniex has added a way to bet on the outcome.“TRUMPWIN and TRUMPLOSE are the first new assets to join our Innovation Zone today,” Poloniex said in a recent statement.Assets valued according to election resultsThe Poloniex listing […]

Ukrainian Ministry Plans to Track Crypto Transactions With Bitfury

Ukraine’s Ministry for Digital Transformation will be tracking illicit crypto transactions with a crypto analytics startup backed by Bitfury. The Ministry for Digital Transformation of Ukraine, a major government authority behind local crypto regulation, will be implementing Bitfury’s crypto analytics tool to track crypto transactions.As officially announced on July 23, the Ministry has signed an […]

Income Inequality: Can Bitcoin or Other Cryptocurrencies Fix This?

Despite the benefits of crypto being in the hands of the few, the current crisis may be a harbinger of change. The COVID-19 pandemic has forced economies to a halt and stretched the central banking system. Central banks have been printing money on a scale like never before, which makes the 2008 financial crisis pale […]

Price Analysis 7/24: BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, CRO, LINK

Ethereum price looks to make a new 2020 high as Bitcoin bulls fight to hold BTC price above $9,600. Bitcoin (BTC) has covered a considerable amount of ground over the past few years. Initially considered as an asset mostly used for unlawful activities, it has finally received the approval of the Office of the Comptroller […]

Mainstream Institutions No Longer Have Regulatory Reasons to Fear Crypto

Institutions on the fence about crypto involvement may no longer fear legal uncertainty, given recent crypto custody regulatory clarity. Recent regulatory transparency provided by U.S. banking regulator, the Office of the Comptroller of the Currency, or OCC, may give interested institutions the confidence to enter the crypto industry.“For those of us who have been building […]