Block Network

June 27, 2020

South Korea Looks to Track Crypto Transactions in Light of Recent Scandal

A South Korean government agency aims to trace crypto transactions conducted on the dark web by developing an AI-based software. The Korea Internet and Security Agency, or KISA, plans to develop an artificial intelligence-based software to trace cryptocurrency transactions on the dark web in response to the Telegram Nth Room sexual ring case.According to New […]

Proposing an ‘Uber-Like’ Growth Model for Blockchain Incentives

A DeFi lending platform for cryptocurrency, Kava Labs, could be described as the “Uber of Bitcoin,” as the platform represents an Uber-like business model. Today’s most successful entrepreneurs tapped into their wealth through startup technology companies such as Amazon, Oracle, Facebook and Microsoft. Just ask Jeff Bezos, Larry Ellison, Mark Zuckerberg and Bill Gates, who […]

Cryptocurrency News From Japan: June 21 – June 27 in Review

SBI announced a crypto investment fund, Bitflyer Holdings used blockchain-based voting for a shareholder meeting, and more headlined news from Japan this past week. This week’s headlines from Japan included SBI announcing a digital asset investment fund, Bitflyer Holdings using blockchain for shareholder meeting voting, Japan’s Financial Services Agency warning two unregistered crypto exchanges, a […]

Crypto Lending: The Ultimate Killer App?

Using digital assets to earn yields and borrow capital became possible thanks to crypto lending, one of the fastest-growing sectors in the crypto ecosystem. Crypto lending, one of the fastest-growing industries in the blockchain ecosystem, has made it possible to earn yields and borrow capital using digital assets.According to a report by research company Credmark, […]

BitFlyer Holds First Virtual Shareholders Meeting With Blockchain Voting App

BitFlyer Holdings held a general shareholders meeting by using a blockchain voting app which went “without any troubles.” BitFlyer Holdings, which runs one of Japan’s largest cryptocurrency exchanges, held its general shareholders meeting Friday and, for the first time, used a blockchain voting app.In the “new normal” where social distancing is required, blockchain technology finds […]

Bitcoin Risks 20% Drop as Outlook for ‘Stimulus Junkie’ Stocks Sours

The price of Bitcoin is at risk of a pullback as declining liquidity as the U.S. stock market is starting to slump. The Dow Jones plummeted by 2.84% on June 26, recording a 9.27% fall since the month’s peak. As risk-on assets face the fear of a correction, the vulnerability of a near-term Bitcoin (BTC) […]

US Blockchain Firm Buys 17K Bitcoin Mining Rigs From Bitmain

Core Scientific signs deal to buy Bitcoin mining machines from mining hardware producer Bitmain, company says, as American mining interest goes up. American blockchain hosting provider Core Scientific signed a deal to buy next-generation Bitcoin (BTC) mining machines from major Chinese mining hardware producer Bitmain.Core Scientific will purchase more than 17,000 S19 Antminers from Bitmain […]

12 Lessons From Winning and Losing $12 Million in Crypto

Sharing personal experience, insights and hopes about cryptocurrency investment strategies. Over the last few years, I gained over $12 million dollars investing in cryptocurrencies. I did not take a single profit until they maxed out at a hundredfold at the very peak of the market in December 2017. The timing was perfect, I nailed it. […]

The Great Estonian Exodus — Crypto Firms Are Leaving Estonia

After the great rise in national crypto regulation in Estonia, the new European Union laws have forced the crypto industry to leave the country. Back in 2017, the Estonian government rocked the legislative side of the crypto world when they introduced a raft of new laws designed to support crypto projects. These licenses split into […]

Bubbling Over the Top? DeFi Sector Heats Up in June, Raising Concerns

The DeFi sector is seeing rapid growth in use and volume. Some appear concerned about a bursting bubble, but could it be natural growth? Decentralized finance is all about cutting out traditional financial intermediaries such as banks. Through the use of blockchain technology, DeFi platforms allow individuals to generate money against their own assets, becoming […]