Block Network

July 10, 2020

‘Libra Will Never See The Light Of Day’: Monetary Historian

Economic historian Barry Eichengreen believes that stablecoins are either too fragile, or too expensive, to emerge as a dominant monetary form. UC Berkeley professor Barry Eichengreen argues that Facebook’s planned Libra stablecoin faces too many “insoluble” problems, and too much resistance from governments, to ever launch.“Libra is an interesting idea that will never see the […]

‘Significant’ Ethereum Rally Signals New Altcoin Season — Peter Brandt

Ethereum price saw a bullish breakout against Bitcoin on July 9 and veteran trader Peter Brandt believes this could trigger a new altcoin season. Popular trader Peter Brandt believes that Ether (ETH) saw a significant breakout in its ETH-BTC pair on July 9. According to the veteran trader, the breakout could be a signal that […]

New York Court Rejects Bitfinex Appeal Over $850M in Lost Funds

New York’s Supreme Court has rejected Bitfinex and Tether’s appeal in the ongoing dispute between the firms and the NY Attorney General over $850 million in lost funds. A New York Supreme Court has found that veteran cryptocurrency exchange Bitfinex and its related stablecoin company Tether (USDT) must face claims they concealed the loss of […]

Community Asked for Input to Guide Australia’s Blockchain Roadmap

The Australian Government has reached out to the blockchain community to help identify opportunities for blockchain adoption in the supply chain and credentialing sectors. The Australian National Blockchain Roadmap Steering Committee has reached out to the wider blockchain community in order to create working groups to explore specific applications of the technology within the supply […]

Islanders Demand Return of ‘.IO’ Domain From Colonizers

The ‘.io’ domain name has become part of a complaint against the U.K. for alleged human rights violations tied to its continuing administration of territories in the Indian Ocean. The popular ‘.io’ domain name has become part of a complaint against the United Kingdom for  alleged human rights violations tied to its continuing administration of […]

Successful Ransomware Attacks Decline in 2020

A report published by Emsisoft revealed a strong decline in successful ransomware attacks during Q1 and Q2 2020. The number of successful ransomware attacks witnessed a decrease between January and April 2020 in the U.S. public sector amid the COVID-19 crisis. However, researchers have recently noticed that trend reversing, with incidents now starting to increase.According […]

July 9, 2020

Alchemy Aims to Transform Blockchain Development with New Build Tools

New dev tools promise to make blockchain development open to more engineers, as well as faster and more efficient. While it may be a long-standing joke in the developer community that any bug can be turned into a feature simply by documenting it, the fact is that blockchain deployment is often mission-critical. Whether it’s at […]

Court in China Implementing Blockchain for Court Reform

Chinese courts are implementing blockchain storage technology to record court hearings. Shanghai courts are using Blockchain technology to record hearings as part of a court reform pilot, according to China’s local news on July 8. Participants at a recent court reform conference held by the Shanghai high court observed that the Minhang District People’s Court used […]

A Record Number of Bitcoin Were Recently Withdrawn From Exchanges

On July 8, a record number of Bitcoin were removed from custodial exchanges, with Coinbase leading the charge. July 8 set a year-to-date record for the number of net Bitcoin (BTC) withdrawn from custodial exchanges. The onslaught was led by Coinbase.A bullish sign?Yesterday, 20,660 more Bitcoin were removed from exchanges than deposited according to data […]

South Korean National Assembly to Discuss Crypto Transaction Transparency

South Korean legislature will host a seminar to address crypto laundering and other related topics. The South Korean National Assembly will host a talk titled “How to boost transparency in cryptocurrency transactions” on July 10. This news comes amid a recent child porn scandal that involved crypto transactions.According to the Kukto Ilbo, the seminar will […]