Block Network

June 23, 2020

Chainlink (LINK) Near New All-Time High — Here’s 3 Reasons for the Rally

Today’s Chainlink rally leaves the price just 3% away from setting a new all-time high, but can bulls maintain the current momentum? Chainlink (LINK), a smart contract blockchain network, is nearing an all-time high after the altcoin broke out today, notching a 11% gain at the time of writing.The altcoin first hit a record high […]

South Korean Economist Warns New Tax Laws May Slow Down Crypto Market Growth

South Korea economist worries that tough regulation would slow down crypto’s growth. The South Korean government recently announced their intention to impose a tax on cryptocurrency, leading to backlash. Korean Yonsei University economist, Sung Tae-yoon, warned that the decision to tax crypto capital gains may slow the technology’s emerging market, according to Koreatimes on June […]

Here Are Some of the Upcoming Witnesses Requested to Speak in Kleiman v. Wright

The list of witnesses submitted by the litigating parties in the Kleiman v. Wright case. The litigating parties in the Kleiman v. Wright case have presented a joint witness list, which includes Andreas Antonopoulos, Gavin Andresen, Wright’s ex-wife, and a confidential witness. The parties have requested 36 witnesses in total.The high profile crypto case that […]

Ampleforth Launches Liquidity Program to Target Uniswap 2.0

Digital asset protocol releases incentive program to incentivize AMPL liquidity on Uniswap 2.0. Digital asset protocol Ampleforth announced the official launch of a new “Liquidity Incentive Program’ on June 23′. This program, named Geyser, targets Uniswap 2.0 and aims to enable users to stake their Ample liquidity tokens (AMPL) to earn staking rewards.According to the […]

Crypto Subreddit Mods Remove Post That Connects Kik to Child Porn

Kik and Solana may be trying to keep damaging allegations hidden from the public. On June 18, a user posted a link to a court document that accuses Kik of facilitating the exchange of child porn on the Kin Foundation’s subreddit. The link was then crossposted to Solana’s subreddit. Moderators for both subreddits subsequently removed […]

Ethereum Update Indicates 2.0 Still Coming Along

Ethereum’s blog shows ETH 2.0 still chugging along with developments. A recent post on Ethereum’s blog shows the network’s version 2.0 is still coming, noting several developments since its last update.”Aside from written updates […] and other public summaries, client teams, contributors, and community members/prospective-validators have been busy,” said a June 23 post on the […]

Big Four Auditing Firm KPMG Launches a Crypto Management Suite

KPMG’s new tools should help crypto services firms in complying with regulations. Big four auditing firm KPMG launched a cryptocurrency management suite with analytic features.According to a June 22 announcement, the new KPMG Chain Fusion suite is meant to allow financial technology companies to more easily offer crypto asset services on an institutional scale. The […]

Ransomware Gang Seeks Million Dollar PayDay

NCC Group revealed that a ransomware variant is now asking for million dollar ransoms. A malware group called Evil Corp is reportedly back in action, having recently launched a new ransomware which asks its victims to pay a million dollar ransom. The group had previously gone quiet after the U.S. Department of Justice charged some […]

Bitpay Accepts Company of the Year Accolade

Bitpay wins Company of the Year Award from market research company. Digital asset transaction platform, Bitpay, has won the Frost & Sullivan Company of the Year Award in the alternative payments category.”Bitpay is a true industry leader, delivering best practices in growth, innovation, and leadership,” David Frigstad, Frost & Sullivan’s chairman, said in a June 23 […]

WEF Says Complete Blockchain Overhaul Unlikely

The WEF’s blockchain project lead said the technology has its place, but likely will not takeover as the underpinning of all systems. Ashley Lannquist, blockchain project lead for the World Economic Forum, or WEF, explained blockchain has its use cases, but the technology is not without limitations. “I think it is unlikely that blockchain technology will […]