Block Network

July 2, 2020

South Korean NGO Announces Blockchain-Based Healthcare Platform

The Commons Foundation unveiled plans to build a blockchain platform to track COVID-19 cases in South Korea. The Commons Foundation, a South Korean non-governmental organization, revealed its plans to develop a blockchain-based platform that aims to handle health epidemics in the wake of the COVID-19 crisis.According to Digital Today, the NGO will rely on blockchain […]

Chinese Economist Says 2020 Is the Tipping Point for Blockchain

Chinese economist says signs have shown 2020 is an important year for integrating blockchain within all industries. The Tencent blockchain accelerator entry contest was held recently in Shenzhen China. Its theme concerned “blockchain industry and ecological co construction”.According to the local news on July 2, Professor Zhu Jiaming, former economist of United Nations Industrial Development […]

Traders Brace for Big Drop as Bitcoin Dips Below $9K for Seventh Time

The price of Bitcoin briefly dropped below $9,000. The weakening of a key support level may lead to a bigger drop. The price of Bitcoin (BTC) dropped below $9,000 in a rapid pullback, falling by 5% in 48 hours. It marked the seventh drop to the $8,000s for the top-ranked cryptocurrency by market capitalization within […]

Institutional Market Sentiment Data is Now Available to Anyone

CoinMetro makes institutional grade sentiment data available to regular traders for the first time. Estonian exchange, CoinMetro, has chosen to make their crypto sentiment analysis tool available to common users. This is the same tool that is used professionally by crypto hedge funds.Although the tool appears rather simplistic, CoinMetro CEO Kevin Murcko told Cointelegraph that […]

Bitcoin’s Current Price Impacted By Miners? It’s Possible, Analytics Company Says

Bitcoin’s recent price action could relate to miner selling. Mike Alfred, co-founder and CEO of data analytics outfit Digital Assets Data, recently pointed toward miners as a potential catalyst for recent Bitcoin (BTC) price activity. “It is tough to say definitively, but it appears as though the miners’ actions are having a direct, immediate impact on […]

The Word Stimulus Means ‘Buy Bitcoin’ For This Exec

The head of business development for blockchain financial services outfit, Unchained Capital, flees to Bitcoin when the government starts talking about stimulus spending. Parker Lewis, Unchained Capital’s head of business development, said he sees recent government stimulus talk as a sign that it’s time to pick up more Bitcoin (BTC). “Every time that I hear a […]

US Banking Regulator Invites Innovators to Talk Tech Virtually

The office of the U.S. Treasury responsible for regulating banks wants to open up dialogue on fintech. Per a July 2 announcement, the Office of the Comptroller of the Currency (OCC) and the Consumer Financial Protection Bureau (CFPB) are opening up virtual hours for industry players looking to discuss innovation and new technologies in banking. More […]

Coinbase’s ’Data Plumber’ Denies All Allegations

Coinbase’s “data plumber” denies storing users’ login credentials in plain text along with all the other allegations in a new class-action complaint. A source close to Plaid — the company that serves as a “data plumber” to Coinbase, Robin Hood, Square’s Cash App and many others — denied all allegations of the class-action complaint that was recently […]

Venezuela’s Maduro Shafted From Gold Storage, Self-Sovereign BTC Shines

Venezuela’s Maduro just lost a ruling regarding his supposed gold ownership. Venezuela’s allegedly corrupt leader, Nicolás Maduro, recently lost a court battle involving approximately $1 billion of gold. “The UK High Court has ruled against Venezuela’s government in a legal battle over access to $1bn (£820m) of gold stored in the Bank of England,” BBC said […]

Amazon CEO Bezos Now Has More Money Than Bitcoin’s Market Cap

Jeff Bezos is worth more than all Bitcoin in circulation, but he likely couldn’t buy it all himself. Jeff Bezos, CEO of online shopping giant Amazon, recently tapped record wealth levels, holding more personal wealth than all the speculative capital currently invested in crypto’s largest asset — Bitcoin (BTC). “Amazon stock shares surged 4.4% to a […]