Block Network

June 18, 2020

Binance Joins Indian Internet Association Amid Regulatory Uncertainty

As dark clouds gather above India’s crypto sector, Binance has joined the country’s top internet association in a bid to shape the industry’s future. Leading cryptocurrency trading platform Binance has joined the Internet and Mobile Association of India’s (IAMAI) digital asset exchange committee.The association is the top trade body representing digital firms in India and […]

Singapore Carpooling App Ryde Launches Wallet for BTC Payments

Singaporean carpooling app Ryde announced the launch of its own cryptocurrency wallet which will facilitate Bitcoin payments for its service. Singaporean carpooling app Ryde announced the launch of its own cryptocurrency wallet which will facilitate Bitcoin (BTC) payments for its service.In an announcement shared with Cointelegraph on June 17, Ryde claims to be the first […]

Zoom Will Offer End-to-End Encryption to All Users

The video conference app will launch its end-to-end encryption in July 2020 in a beta stage for both free and paid users. On June 17, the popular video conference app, Zoom, officially announced that end-to-end encryption, or E2EE, has finally arrived for their software. It will be provided to both free and paid users, so […]

BTC Investors Bullish Even as Bitcoin Price Is Below $10K — On-Chain Data

Bitcoin price is pinned below $10K but on-chain data and market correlations show investors remain bullish. Since recovering from this week’s drop to $8,900, Bitcoin (BTC) price has struggled to gain above $9,600 and this level needs to flip from resistance to support before further upside can occur. The largest digital-asset on CoinMarketCap has been gradually […]

Bitcoin Broker River Financial Announces $5.7M Seed Round

The San Francisco-based Bitcoin financial services firm announced it had raised $5.7M in a seed funding round led by Polychain Capital. San Francisco-based Bitcoin financial services company River Financial announced it had raised $5.7 million in a new seed funding round.In an update posted to the company website on June 17, River Financial stated it […]

June 17, 2020

Well-Known Ransomware Gang Strikes Three Companies in the US and Canada

REvil’s ransomware group begins campaign of leaking sensitive data from three companies. Ransomware group REvil has launched another series of attacks targeting three companies in the U.S. and Canada. As of press time, they have leaked data from two of the companies, and threatened to disclose sensitive data from the third.The companies are well-known Canadian […]

Mysterious ETH 2.0 Staking Solution Author Claims No Pursuit of Glory

Recent comments from anonymous Ethereum 2.0 staking solution creator heyheeyheeey show his desire for continued anonymity. An anonymous blockchain industry participant going by the name heyheeyheeey recently dropped an Ethereum 2.0 (ETH 2.0) staking solution on Medium in Satoshi-like fashion. The pseudonymous character did not do it for the fame, according to his recent comments […]

Civic to Launch Vaccination-Proofing Tool on Apple & Google App Stores

Civic Technologies’s new app will act as both a vaccination proofing tool and a wallet for crypto. Civic Technologies, a San Francisco-based innovator in digital identity solutions, announced on June 16 that its Civic Wallet is now available in the App Store and Google Play. Civic Wallet has also formed a partnership with Circle Medical, a […]

Fed Chair on CBDC: ‘We Need to Understand It First and Best’ — But Is He Too Late?

The Fed is looking at issuing a central bank digital currency, but can’t point to any concrete progress. In a hearing on June 17 before the House Committee on Financial Services, Chairman of the Federal Reserve Jerome Powell got into an exchange with Representative Tom Emmer (R-MN) over the subject of a central bank digital […]

Binance CEO CZ Explains Why He Disabled Twitter Comments

Binance CEO Changpeng Zhao recently restricted the ability to comment on his Twitter posts, but only partially. Known for his social media-involved leadership of crypto exchange giant Binance, CEO Changpeng Zhao, or CZ, said he disabled Twitter comments on his posts to weed out the scammers. “To better respond and engage,” CZ told Cointelegraph he partially disabled […]