Block Network

July 2, 2020

Data Startup Wants to Rank Every Cryptocurrency Product From Media to Wallets

Nomics wants to provide an algorithmic ranking for every cryptocurrency product category from wallets to crypto media outlets. Cryptocurrency data startup Nomics, in partnership with Nexo, is introducing algorithmic rankings of crypto wallets, lenders, custodians, tax services and over-the-counter desks. The plan is to eventually extend these rankings to every crypto product category, including media […]

The Rise of Virtual Hackathons: Tackling Blockchain Challenges Online

Virtual hackathons may allow developers to solve technical problems and create new solutions, yet it’s not all easy going for these online events. Online events are becoming more common as coronavirus cases continue to surge. So it shouldn’t come as a surprise that the blockchain community has seen an uptake in virtual hackathons this year, […]

S2F Bitcoin Price Prediction Model as Accurate as Astrology, Says Exec

Before crypto analyst PlanB released another ‘red dot’ for its stock-to-flow chart, critics of the prediction model were voicing skepticism. Prominent members of the crypto community continue to express skepticism over the stock-to-flow (S2F) chart, a Bitcoin (BTC) price prediction model recently revised by analyst PlanB. Nico Cordeiro, CIO at crypto quant fund Strix Leviathan, called […]

All Inflation? In Bitcoin Terms, Stocks Never Recovered From COVID-19

Bitcoin and gold denominated stock market performance wipes out almost any hint of recovery since March. Bitcoin (BTC), in fact, crushed stock markets during the Covid-19 recovery with equity “growth” simply down to inflation, fresh data argues.Charts showing stocks denominated in gold and Bitcoin in 2020 show that far from having their best quarter in […]

Public Mint Launches, Announces 200 Banks Are On Board

Public Mint wants its tokenized fiat currencies to power DeFi-like open financial applications. Public Mint launched its ‘fiat-native’ public blockchain on July 1 following two years of development.The platform comprises a blockchain for the tokenization of fiat currencies that are held in the accounts of insured and regulated fiat custodians — essentially comprising a stablecoin […]

Comedian Bill Burr: ‘I’m Getting Bitcoin! F—- This!’

Comedian Bill Burr has seen the light after hearing Anthony Pompliano explain the disadvantages of legacy systems. Bitcoin bull Anthony Pompliano has just persuaded Bill Burr, one of the biggest comedians in the world, to invest in cryptocurrency.In a July 1 episode of the Bill Bert Podcast — so named for the comedian and his […]

Boomer and Gen-X Interest in Bitcoin Surges During Pandemic

Boomers and Gen-X investors have increased their Bitcoin investments by a factor of nine since the start of the global lockdown. The older generations have increased their monthly Bitcoin investments by a factor of nine on U.K crypto trading app Mode since the beginning of the pandemic and lockdowns.Mode Banking reported that Baby Boomers (born […]

Binance Security Report Sheds Light On Crypto Scams

A report released by crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility. A report released by major crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility.In the report published on June 30, the exchange explained that its Binance Sentry risk investigation service observed reports of fraudulent […]

Court Likens Coinbase to a ‘Traditional Bank’ in Child Porn Appeal Case

A court has likened Coinbase to a “traditional bank” in rejecting an appeal from a convicted child porn purchaser who appealed using the Fourth Amendment. A three-judge panel has ruled that FBI agents who subpoenaed Coinbase records to show a man had used Bitcoin to access child pornography did not violate his Fourth Amendment rights.They […]

Lebanese Pound Falls 50% in Ten Days — Now Worth One Satoshi

A deepening monetary crisis has seen Lebanon’s national currency plummet a further 50% over the last ten days to reach parity with a single satoshi. Lebanon’s national currency continues to shed value amid the country’s deepening monetary crisis, with unofficial reports indicating that the Lebanese pound, or lira, has lost 50% of its purchasing power […]