Block Network

July 24, 2020

South Korean Police Investigate Who Leaked the Crypto Tax Bill

Sejong police are investigating who leaked details of the government’s crypto tax bill before it was formally announced. The South Korean police have launched an investigation into the source of leaked information about the government’s new crypto tax legal amendments. Social media users and private blogs had revealed details of the changes before it was […]

Australian TV Ratings Knocked Out in Ransomware Surge

A spate of global ransomware attacks has delayed Australian television ratings, compromised eight universities, and shut down a smart-wearables firm. Leading market research and data analytics firm Nielsen has been unable to provide overnight ratings this week for Australian TV viewers as a result of a ransomware attack.The TV ratings were not available on Tuesday […]

Indian PM Backs Blockchain as ‘Frontier Technology’

Indian Prime Minister Narendra Modi has publicly endorsed blockchain as an investment opportunity. The Prime Minister of India, Narendra Modi, has endorsed blockchain as an ‘opportunity in frontier technology’, renewing hopes that the country is warming to cryptocurrencies.In a keynote address at the India Ideas Summit, hosted by the US-India Business Council on Wednesday, India’s […]

Greatest Chess Player of All Time Backs Bitcoin

The world’s most famous chess player, Garry Kasparov, supports BTC as a means to fight human rights violations. Garry Kasparov, the Russian chessmaster who faced off against IBM’s “Deep Blue” supercomputer, says Bitcoin, crypto and blockchain technologies, are the solution to the demand for privacy in financial markets.In a July 23 interview with Forbes contributor […]

$500K Bitcoin Paid to Arrange Ex-Nissan CEO’s Escape From Japan

The son of ex-Nissan chairman Carlos Ghosn, who escaped house arrest in Japan in December, paid for the extraction using Bitcoin. Carlos Ghosn — the ex-Nissan head who made a dramatic escape from house arrest in Japan in December — paid the extraction team half a million dollars worth of crypto.According to U.S. prosecutors in […]

July 23, 2020

Ethereum Options Traders Jump the Gun as ETH Price Soars to $280

Traders bought $720 December call options as Ethereum price rallied 17% this week, but what’s the likelihood of ETH rallying another 160%? Since the start of the week Ether (ETH) has gained more than 17% and the gains appear to be connected to increasing stablecoin use and the rise of DeFi applications. As reported by Cointelegraph, […]

Former Director of the National Broadband Task Force Criticizes Anti-Encryption Bills

A former director of the U.S. National Broadband Task Force criticizes anti-encryption bills that in his opinion hurt the nation’s economy and security. Under president Obama, Anurag Lal served as the director of the National Broadband Task Force. Currently he is the CEO of NetSfere, a company that provides secure messaging for enterprises. Lal believes […]

Crypto Usage and Trading Surging in Africa, Exchange CEO Says

The popularity of crypto is on the rise in Africa, according to the CEO of one of the continent’s up and coming exchanges. Crypto usage and trading has made its way over to Africa, gaining prevalence all over the continent, according to Chris Maurice, CEO of Yellow Card — a crypto exchange based in Lagos, […]

“There’s a Bitcoiner In the Hen House,” Pomp Says Regarding Crypto Bank Regulation

Anthony Pompliano, often referred to as Pomp, weighed in on a recent regulatory update, helped in part by a crypto industry player. Recent regulatory approval for banking crypto custody comes after a Coinbase alum took a prominent seat as the Acting Comptroller of the Currency for the the Office of the Comptroller of the Currency, […]

Bitcoin Rallies 5% as US Regulator Greenlights Bank Crypto Custody

Bitcoin price surged 5% to $9,664 less than 24-hours after the Office of the Comptroller of the Currency announced U.S. banks can provide crypto custody services. The price of Bitcoin (BTC) is up 5% in the past 24 hours and currently trades at $9,600 after reaching a daily high at $9,664. The overnight increase in […]