Block Network

July 8, 2020

OKEx Recorded Over 8,000 “Whale” Bitcoin Trades in June

OKEx also had twice as many “whale” buy orders as sell orders. OKEx exchange recorded over 8,000 “whale” Bitcoin (BTC) trades in June; more than any other exchange. It also had the honor of recording the largest such trade — 513.1 BTC according to data from Kaiko.Number of Bitcoin whale (≥10 BTC) trades by exchange. […]

Legal Implications of Secondary SAFT Sales, Part 2

Part 2 of this series continues to cover the legal implications associated with the sale of SAFTs and focuses on taxes related to tokens. The United States Internal Revenue Service and Treasury Department have published minimal guidance on the tax treatment of virtual currency and no guidance on Simple Agreement for Future Tokens or secondary […]

US CFTC Promises ‘Holistic Framework’ for Digital Assets by 2024

The CFTC has made comprehensive crypto regulation a strategic objective to accomplish over the next few years, referring to digital assets as “21st century commodities.” In its finalized strategy for the next four years, released on July 8, the United States Commodity Futures Trading Commission has made comprehensive crypto regulation a priority.New strategy promises to […]

Bitcoin Price Touted to End Stagnation in Style, Surging to New High

While Bitcoin’s value seems to have stagnated over the past few months, some believe that a price surge is just around the corner. As the global economic engine continues to reel from the effects of the slowdown induced by the novel coronavirus, it’s still not clear how much devastation the pandemic has actually caused. For […]

Performance Art Film Is Now Tokenized on the Ethereum Blockchain

The rights to a performance art piece have been tokenized on the Ethereum blockchain. HOW ARE WE, a performance art collaboration consisting of 15 short works filmed in COVID-19 quarantine, has been hashed and minted into a non-fungible token on the Ethereum blockchain.Additionally, a mechanism has been put in place to reward the project’s contributors […]

Volvo Invests in Blockchain Startup to Trace Cobalt in Its Batteries

Volvo’s venture arm invests in blockchain traceability startup Circular to track. On July 8, Volvo Cars Tech Fund announced their investment in blockchain traceability startup, Circulor.Volvo previously used Circulor’s traceability solution to track cobalt in its batteries. Much of cobalt mining happens in Africa under questionable conditions and involves child labor. In the era where […]

CBDCs and COVID-19 Top Agenda in First Two Days of Unitize Conference

An overview of the first two days of the Unitize virtual blockchain conference where top crypto and blockchain experts offered their views on topical issues in the industry. The first two days of Unitize, the virtual conference organized by BlockShow and San Francisco Blockchain Week, have come and gone with speakers from various sectors of […]

Monex Becomes First Japanese Securities Firm to List Cryptocurrency CFD

Major Japanese online securities firm Monex Securities is the first Japanese firm to offer a cryptocurrency CFD. Monex Securities, a major Japanese online securities company, launched a cryptocurrency contract-for-difference service today. This marks the first time that a major online Japanese securities company has offered a crypto CFD. A CFD is a type of derivative in […]

How Blockchain Technology Will Change the Marketing Industry

Blockchain tech has not yet reached its full potential for use in the marketing and advertising industries, but it definitely will in the near future. In modern business, there are no areas left where blockchain enthusiasts will not try to use the technology. Distributed ledger technology is used in logistics, manufacturing, games and in facial […]

‘Fireworks Are Coming’ — FX Markets Will Boost Bitcoin, Says Analyst

Coinbase analyst Max Bronstein says “fireworks” in the global currency market might positively affect the value of Bitcoin. Max Bronstein, who works on the Institutional Coverage team at Coinbase, believes “fireworks” are coming to the global currency market. What’s more, a spike in volatility of currencies might largely benefit the price of Bitcoin (BTC).He said:“A […]