Block Network

July 24, 2020

Rumor Has It Polkadot is Preparing to Launch a Token Sale Soon

The Polkadot project appears to be launching its second token sale after a “building with Polkadot” page is published. Persistent rumors on Polkadot channels and groups and a series of forms and NDAs to “build with Polkadot” suggest that the project may soon run a new token sale for its token, the DOT.The purported dashboard […]

Law Decoded: Lawmakers in World’s Largest Markets Warm to Crypto, July 17-24

Major breakthroughs the U.S., Russia and China lead this week’s cryptocurrency policy news as it looks like everyone is trying to bring the industry in from the cold. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor’s noteWithout breaking out the fanfare prematurely, it has […]

OKEx Expands Its Crypto Options to Daily, Two-Day, and Monthly Options

Malta-based cryptocurrency exchange OKEx now features daily, two-day, and monthly options trading for BTC/USD, ETH/USD, and EOS/USD. OKEx, the second largest crypto options trading platform after Deribit, is expanding its options trading types.Starting July 24, OKEx features new crypto options trading opportunities including daily options, two-day options, and monthly options.OKEx now features seven expiration date […]

Bitcoin Futures Open Interest Targets Record as BTC Price Nears $10K

A week of solid gains for investors is sparking changes at CME, data shows as $9,500 continues to hold. Bitcoin (BTC) derivatives have returned to the spotlight this week as price moves appear to spark a surge in open interest.Data from on-chain analytics resource Skew showed open interest for CME Group’s Bitcoin futures nearing record […]

Bitcoin Rally in Danger? Wall Street Veterans Warn of Nasdaq Bubble

The price of Bitcoin faces a near-term pullback as Wall Street veterans warn of a Nasdaq bubble forming. Ned Davis, who has operated his namesake Wall Street research firm since 1980, believes a Nasdaq bubble is forming. Based on the rough correlation between Bitcoin (BTC) and stocks in recent months, it could negatively affect the crypto […]

A New Crypto Derivative Can Help Stabilize Dai’s Unpredictable Interest Rates

A derivatives exchange wants to offer its users a way to hedge against and speculate on the changes of Dai’s Savings Rate. Delta Exchange, a crypto derivatives platform, announced the launch of an interest rate swap contract for DAI, MakerDAO’s dollar-pegged stablecoin.The contract will allow its purchasers to enter interest swaps on the Dai Savings […]

10,000 Antminers Go ‘Missing’ in Latest Chapter of Bitmain Power Saga

Former Bitmain staff have been accused of “illegally” moving 10,000 Antiminers from a company-owned mining facility in Mongolia. In the ongoing power struggle at cryptocurrency mining giant Bitmain, not only have accusations of “illegal power seizures” made headlines, but now the physical theft of mining hardware as well.A new post on Bitmain-owned Antminer’s WeChat channel […]

Uncertain Regulations Block Indian Banks’ Entry Into Crypto, Says Expert

Blockchain.com’s head of research Garrick Hileman discusses the interest of Indian banks in the crypto space. Garrick Hileman, the head of research at Blockchain.com, shared in an interview today that Indian banks are showing interest in cryptocurrencies but are also skeptical of heading further into this space due to the regulatory uncertainty.While speaking to Data […]

As TikTok ‘Spyware’ Rumor Swirls, Crypto Apps Safety in the Spotlight

As data becomes the main commodity for social media giants, can you trust crypto apps with your personal info? Over the past few weeks, TikTok has found itself in hot water over security issues. First, it was axed in India along with 58 Chinese apps for “stealing and surreptitiously transmitting users’ data in an unauthorized […]

Analyst: Token Sale Boom Suggests Major Bull Run Has Already Started

Blockfyre co-founder Simon Dedic says that the recent influx of money into the crypto space is evidence that a strong bull market has already begun. Recent months have seen a surge of fresh money entering the crypto markets, from oversubscribed token sales to 100%+ price gains for tokens like Cardano (ADA), Chainlink (LINK) and VeChain […]