Block Network

June 18, 2020

Robinhood Temporarily Down for the Count

User-friendly stock and crypto trading app, Robinhood, has reported its services are down. Robinhood, a stock and crypto trading application known for its mainstream appeal and simplicity, recently reported significant platform outages. Robinhood announced “experiencing a major outage in equities and options trading, as well as degraded performance in cryptocurrency trading” on June 18, a Reuters […]

VeChain (VET), Zilliqa (ZIL) Target Key Resistance Level to Resume Rally

After strong rallies VeChain and Zilliqa are expected to move higher after key resistance levels are cleared. As the price of Bitcoin (BTC) has been consolidating in a range, altcoins have been moving left and right. A few have managed massive triple digit rallies and others like Zilliqa (ZIL) have rallied 1,400% since March 12.VeChain […]

Hackers Use Fraudulent Unemployment Claims to Siphon Funds

Kroll’s team says transnational cybercrime groups are launching unemployment fraud schemes in the US. A study by risk solutions provider, Kroll, indicated that a group of hackers from Russia managed to file fraudulent unemployment claims with the Washington State Employment Security Department, or ESD, through a ransomware attack against a healthcare provider in the US.According […]

Join Crypto Market Live Now to Learn Risk Management Strategy With Naeem Aslam & Charlie Burton

In today’s Crypto markets live, veteran traders Charlie Burton and Naeem Aslam will be discussing ways to navigate risk management. In today’s Crypto Markets Live, veteran traders Charlie Burton and Naeem Aslam will discuss one of the key aspects of every successful trading strategy: risk management.No matter how good you are at reading the charts, […]

Coinbase Pro Announces Support for Compound’s DeFi Token COMP

United States cryptocurrency exchange Coinbase Pro announced the listing of COMP, the token powering the decentralized lending protocol Compound. United States cryptocurrency exchange Coinbase Pro announced the listing of COMP, the token powering the decentralized lending protocol Compound.According to a Thursday announcement, COMP trading will start on June 23 at 9 a.m. Pacific Time if the […]

Crypto.com Joins Open Payments Coalition of Over 100 Million Users

Crypto.com joined over 40 finance and technology firms by becoming a member of the Open Payments Coalition. Cryptocurrency debit card firm Crypto.com is now a member of the Open Payments Coalition, alongside more than 40 other finance and technology firms.According to a June 18 announcement, admittance to the Open Payments Coalition will add Crypto.com’s 2 […]

One Month Left to Crypto Tax Season — 5 Critical Mistakes to Avoid

All you need to know to prepare for Crypto Tax Season 2020 and correctly inform the IRS about your crypto. There is only one month left until the United States tax season. After being extended due to the COVID-19 pandemic, the official deadline to file tax returns is now July 15.If you think that the […]

Security Token Exchanges May be the Next Phase in the Finance Evolution

Security token exchanges could prove to be an option for companies that are seeking public funding but can’t partake in the current IPO process. In 1996, there were over 8,000 public companies listed on exchanges in the United States. Fast forward to 2020 and there are only approximately 4,400 — a drop of 46% despite […]

DoJ Backs Trump’s Challenge to Section 230 and Social Media Platform Neutrality

The US’s top legal authority is looking to dismantle online protections for content publishers following Trump’s spat with Twitter weeks ago. On June 17, the United States Department of Justice issued new recommendations to roll back decades-old protections for online platforms publishing third-party content.Section 230 and internet censorshipSection 230 of the Communications Decency Act became […]

Telos to Support Ethereum-Compatible Smart Contracts on Its Network

With the launch of an Ethereum Virtual Machine, Telos is set to enable developers to create and run Ethereum-Compatible smart contracts. Telos, currently ranked the second-most active blockchain worldwide, is set to enable developers to create and run Ethereum-compatible smart contracts without transaction fees.Telos is a smart contract platform that supports the creation of decentralized […]