Block Network

July 23, 2020

Chinese Blockchain Projects Unite to Push Mainstream Adoption Forward

NEO to partner with China’s Blockchain Service Network to overcome major barriers for blockchain adoption. NEO, a project dubbed the “Chinese Ethereum”, and the Blockchain-based Services Network, or BSN, are joining forces to push blockchain’s mainstream adoption forward, according to an official announcement on July 22.Overcoming major barriers High entry barriers and fragmented developer experiences are […]

Eth 2.0 Dev Shares Details of Upcoming Community Testnet

Ethereum 2.0 developers formalized the date of the first community-run testnet on August 4. The Ethereum 2.0 team has formalized the launch date of the first full testnet designed to simulate mainnet conditions.Called Medalla, the new multi-client testnet is set to be the last one before mainnet launch occurs. Medalla means “medal” in Spanish, a […]

World Stablecoin Association Launches in Switzerland

The World Stablecoin Association aims to unite major global stablecoin projects like Tether and USDC. Amid the massive growth of stablecoins in 2020, the cryptocurrency community is setting up an international stablecoin organization in Switzerland.Called the World Stablecoin Association, or WSA, the Geneva-headquartered organization is to be launched by cryptocurrency exchange VirgoX and blockchain capital […]

English Football Club Hit With Multi-Million Dollar Ransomware Attack

Cybersecurity authorities in the UK warned that ransomware could threaten the sports sector. The UK National Cyber Security Centre released a report on July 23 that discloses a growing trend in ransomware attacks against the sports sector. They noted a recent example in which attackers demanded that an English Football League club, or EFL, pay […]

Why Interoperability Is the Key to Future Innovation and Adoption

Blockchain interoperability has a big goal: to empower developers to choose what’s right for their application, not what is right for the platform they’re locked into. For years, tribalism has plagued the blockchain industry. Developers align to specific consensus protocols and defend technologies that use them, regardless of their limitations. These deeply rooted divisions are […]

Japanese Liquid Exchange to Delist Zcash to Get Licensed in Singapore

Liquid exchange plans to delist major privacy coin Zcash in an effort to play nice with Singaporean regulators. Japanese cryptocurrency exchange Liquid is reportedly delisting privacy-focused coin Zcash (ZEC) in order to apply for a license to operate in Singapore.The Electric Coin Company, which develops the Zcash cryptocurrency, announced the news in a July 22 […]

Chainalysis Widens Access to Its Blockchain and Crypto Certification Program

Chainalysis is expanding access to its Chainalysis Cryptocurrency Fundamentals Certification program to the wider community. New York-based blockchain analytics firm Chainalysis is extending access to its certification program in crypto fundamentals to the wider professional community.Announced on July 23, the company said that its Chainalysis Cryptocurrency Fundamentals Certification (CCFC) would from now on be open […]

Investors Now Lose Money by Holding Bonds, Pushing Them Into Riskier Assets

Inflation-adjusted yields on all U.S. treasury bonds are now negative as the Fed is widely believed to be propping up markets. United States government bonds, considered perhaps as the safest assets in the world, are now losing money to the investors holding them.According to statistics published by the U.S Treasury, real yields on even the […]

Crypto Scammer on the Prowl as YouTube and Twitter Become Central to Bitcoin Scams

Bitcoin giveaway scammers are getting away with Bitcoin. Over the years, it has become a known fact for anyone dealing with cryptocurrencies that scams are running rampant. However, as more novice players enter the market, more scammers up their tactics to take advantage of unsuspecting Bitcoin enthusiasts with fake Bitcoin giveaways and other elaborate schemes. Recently, […]

Winklevoss’ Gemini to Offer Custody of .Crypto Blockchain Domains

Users can now store Unstoppable Domains’ .crypto addresses with Gemini Custody. Unstoppable Domains, a major blockchain domain provider, is hitting another milestone as Winklevoss brothers’ Gemini exchange now offers custody for its “.crypto” domains.Starting from July 23, users can store their “.crypto” addresses obtained through Unstoppable Domains with Gemini Custody — a tool that is […]