Block Network

June 20, 2020

UNICEF Cryptocurrency Fund Makes Its Largest-Ever Investment

125 ETH going to some very good causes. Today eight technology companies from seven different emergent economies will receive an investment of Ethereum cryptocurrency from the UNICEF Cryptocurrency Fund.UNICEF’s crypto-enabled investment vehicle has given these companies 125 ETH, worth approximately $28,600, to use in scaling or prototyping their respective technologies over the next six months. […]

Blockchain Tech May Soon Fuel Medical Tourism in South Korea

A consortium aims to strengthen medical tourism in South Korea by launching a blockchain-powered platform. In Busan, a private-public consortium in South Korea announced their intention to build a blockchain-powered medical tourism platform. No deadline for launch is currently set.According to Gyeongnam Ilbo, the initiative will be led by Busan Bank. They are looking to […]

June 19, 2020

Another Bitcoin Scam Hits Canada

A local store owner in Winnipeg reported that several of his customers were victims of a Bitcoin scam. An alleged Bitcoin (BTC) scam is now reportedly targeting residents of Winnipeg, Canada. A local grocery store owner warned that many of his customers were victims of the scammers.According to Global News, Husni Zeid placed a large […]

Robinhood Vows to Improve Platform Following Customer Tragedy

The suicide of Alexander Kearns prompted Robinhood to take additional measures to improve its platform. Alexander Kearns, a 20-year-old customer of stock and cryptocurrency trading platform, Robinhood, committed suicide on June 12. This tragedy reportedly occurred after an erroneous negative balance of more than $730,000 appeared in Kearns’ account. This error has prompted the platform […]

Law Decoded: As Crisis Mode Fades, Regulators Look Kindly on Crypto, June 12-19

Regulators are warming up to crypto around the world as they embrace innovation for economic recovery. Editor’s note:The week has been remarkably active for policy, possibly as a result of economies showing signs of heading slowly back to normal. While crisis remains, it seems like everyone has gotten numb to crisis mode.Recent news has been […]

Singapore to Explore Central Bank Digital Currency With China

Singapore’s central bank is looking to join forces with China in exploring central bank digital currencies. Singapore’s central bank and financial regulatory authority is looking to cooperate with China in the field of central bank digital money.Ravi Menon, the managing director of the Monetary Authority of Singapore, or MAS, has voiced the country’s readiness to […]

Price Analysis 6/19: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, CRO

Most major cryptocurrencies are stuck in a range suggesting a balance between supply and demand. Kraken crypto exchange CEO Jesse Powell has said that a large number of both retail and institutional investors have opened accounts with them. This shows that all types of investors are concerned about the current economic condition, hence they have […]

SEC Halts Crypto Scam, Alleging Two Brothers Stole Millions From Investors

The U.S. SEC freezes assets of several alleged crypto scams run by Hvizdzaks brothers. The United States Securities and Exchange Commission (SEC) has halted activity of another alleged cryptocurrency-related scam stealing millions of dollars from investors.According to a SEC’s announcement on June 19, the authority has been granted a temporary restraining order and asset freeze […]

Blockchain Community Sounds Off in Support of Juneteenth

The Blockchain community sounds off in support of Juneteenth, which commemorates the end of slavery in the USA. Juneteenth, a day which marks the end of slavery in the United States, has been commemorated every June 19 since 1867. It is especially relevant today, amid a wave of protests against racism following the murders of […]

Bitcoin ‘Realized Cap’ Hits New High Similar to Pre-March $3K Crash

The realized cap of Bitcoin hit an all-time high just like in February 2020 when BTC price marked a local top. The “realized cap” of Bitcoin (BTC), a statistic observed by on-chain market analysis platform Glassnode, has hit a new all-time high on June 19. It may indicate an overall increase in new investors in […]