Block Network

June 24, 2020

Today’s Shifting Gears Driving Tomorrow’s Mass Crypto Adoption

Three major shifts will lead to crypto and blockchain adoption worldwide, and they have already started reshaping our world. There’s a revolution happening. We’re moving toward a world with a massive reduction in trust in centralized institutions and ways of doing things.There are several concurrent shifts happening right now, including a shift away from centralized […]

Beam to Make Its First Move Towards Private DeFi With June 2020 Hard Fork

Beam updates details on its June 28 hard fork, laying out foundations for the firm’s future DeFi offering. Major privacy-oriented cryptocurrency, Beam (BEAM), is making its first official move towards decentralized finance, or DeFi.In anticipation of Beam’s soon-to-come hard fork, the team behind the project updated a number of relevant specifications, paving the way to […]

Bitcoin.com Forum Closes on July 23

Bitcoin.com’s forum will close in one month. The Bitcoin.com forum, one of the most popular forums in the crypto community, has abruptly announced closure.A place for the heated debates and thoughtful cryptocurrency-related discussions, Bitcoin.com’s forum will terminate its services on July 23, 2020. The news was reported by the forum’s administrator in a thread posted […]

Some Venezuelans May Be Able to Pay for New Passports Using Bitcoin

Venezuela’s government reportedly accepts Bitcoin as a payment method for some passport applications. Venezuela’s Administrative Service for Identification, Migration and Foreigners, known as SAIME, plans to accept bitcoin (BTC) as a new payment method for citizens seeking a Venezuelan passport. The information was originally leaked via a Reddit post on June 23.News of the update […]

Not Just a Pretty Name: Blockchain Creating Real Value in Traditional Industries

Blockchain technology is transitioning from a conceptual tool that powered the ICO boom into a value-adding service for mainstream industries. Blockchain technology has proliferated in a number of industries outside of the cryptocurrency space in the decade since Bitcoin’s (BTC) inception. The underlying technology of the preeminent cryptocurrency went under the radar in the early […]

Plus Token Money Launderers Stopped Short by Congestion

One of the largest ponzi schemes in crypto history is still trying to launder its proceeds, but Ethereum congestion is making that difficult. Funds from the infamous Chinese-based PlusToken ponzi scheme are moving once again, but they’re being blocked by Ethereum’s block congestion.According to Whale Alert, funds from a known PlusToken Ether (ETH) stash were […]

Bitcoin-Inspired Web Comic Bulltardia Hides 10 Million Satoshi Prize

Almost $1,000 worth of Bitcoin is up for grabs for finding the twelve parts of a wallet’s seed phrase within the serialized web comic “Bulltardia.” A serialized web-comic called Bulltardia is hiding twelve keys which form a seed phrase for a Bitcoin (BTC) wallet containing 0.1 BTC. The first two episodes are included in volume […]

Japan’s Top Idol Just Became the New Face of BitFlyer Crypto Exchange

Japan’s top idol is now part of bitFlyer cryptocurrency exchange’s aggressive new advertising campaign. Japan’s most famous idol just became the face of bitFlyer, one of the largest cryptocurrency exchanges in the country.Asuka Saito is one of the most popular members of Nogizaka 46, a leading idol group in Japan consisting of 46 girls. Debuted […]

Safe and Sound: Blockchain-Backed Digital Identity in the Post-Coronavirus Era

Blockchain companies are developing digital identity solutions to ensure regions can safely reopen following COVID-19 lockdowns. After spending months in lockdown, countries across the world have begun lifting stay-at-home orders enforced due to the coronavirus pandemic. Yet as countries look to reopen, and students and employees return to schools and offices, there is a fear […]

Bithumb Exchange to Reportedly File for IPO in South Korea

The South Korean exchange is reportedly looking into a stock market launch despite local regulatory uncertainty. Major South Korean cryptocurrency exchange Bithumb is planning to hold an initial public offering (IPO), according to reports from local media. As reported by MoneyToday on June 24, Bithumb Korea, the trading platform’s operator, has begun preparing for a stock […]