Block Network

June 18, 2020

Algorand Founder’s Chess Match Against A Grandmaster Recorded on Blockchain

A chess game between grandmaster Sergey Karjakin and Algorand founder Silivio Micali was recorded on the blockchain. Algorand founder Silvio Micali played a Blockchain-recorded chess game against grandmaster Sergey Karjakin. This marked a historic moment for the fifteen hundred year old game.Gentlemen are cheating tooThe match, which was the inaugural game for FIDE Online Arena, […]

Australian Beverage Giant Faces Monero Ransom Demand of Nearly $1M

Ransomware gang REvil launched a second attack on an australian drink manufacturer. Another ransomware attack has hit the Australia-based drinks manufacturer, Lion. This is the second attack on the company in less than one week. The cybercriminals behind the attack are threatening to double the ransom amount if Lion does not pay by the specified […]

Bitcoin Scam Artists Under Investigation for Impersonating Police

Canadian police warned about a Bitcoin scam scheme alleged to have stolen over $15,400 from two Strathcona County residents. The Royal Canadian Mounted Police, or RCMP, is investigating two Bitcoin (BTC) scams in Strathcona County in Alberta, Canada. They allege that fraudsters impersonated the local authorities in order to extort their victims for money.According to […]

Bitcoin Bears Struggle at the $9,270 Support — What Happens If It Breaks?

Bitcoin price needs to hold $9,270 to avoid dropping to the $8,000 range again. This week Bitcoin (BTC) price has struggled to overcome resistance at $9,600 and at the time of writing the top-ranked cryptocurrency on CoinMarketCap is finding support near $9,400.Crypto market daily performance. Source: Coin360Technical analysis shows there is a strong support level […]

Chinese Officials Say Bitcoin Doesn’t Make the Top 10 Cryptocurrencies

Bitcoin ranks 12th in a recent blockchain evaluation index, as published by China’s Center for Information and Industry Development. China’s Center for Information and Industry Development, or CCID, revealed on June 18 its 18th CCID Global Public Chain Technology Evaluation Index. This index ranked 37 well-known global cryptos using technical specifications.According to the table published […]

Land Rover Car Company Acknowledges Historical Significance of Bitcoin Network

In a walk through history, major car giant Land Rover noted the creation of Bitcoin’s network as a significant moment. In a recent advertisement, the United Kingdom, or UK, branch of car giant Land Rover laid out a number of significant historical landmarks, including Bitcoin among the mix. In an advertisement shaped as a walk through […]

Former Steem Witness: ‘I Received Direct Threats From a Hive User’

A former Steem witness received death threats from a Hive user, is DPoS to blame for the Steem/Hive drama? A former Steem witness, who is also a prominent member of Korea’s crypto community, spoke to Cointelegraph and shared proof that he received death threats from a Hive user ahead of Steem’s 0.23 hard fork.The former […]

F2Pool Returns $500K of Abnormal ETH Transaction Fee to Sender

F2Pool returns about $500,000 in abnormal ETH transaction fee to its sender after encountering the issue on June 11. F2Pool, a Chinese mining pool that recently mined an Ether (ETH) transaction with an abnormal transaction fee of 2,310 ETH, has returned 90% of the fee to its sender.Announcing the news on June 18, F2Pool said […]

An Ethereum Wallet Will Let You Easily Host Your Decentralized Website

MyEtherWallet is adding an integration with IPFS to let its users easily launch websites on the decentralized web, but the network is still quite limited. MyEtherWallet, a well-known Ethereum wallet app, is releasing a feature named “Host Your Own Site” that provides an easy interface for its users to upload a website to the InterPlanetary […]

Bitcoin Price at Pivotal Point, Crypto Traders Divided Over BTC Short-Term Future

The price of Bitcoin is now at a pivotal point after a 45-day range period, as crypto traders see both strong bearish and bullish scenarios. The price of Bitcoin (BTC) has remained stagnant in the $9,300–$9,500 range for seven days with low volatility. Traders expect the top cryptocurrency to see a huge price movement in […]