Block Network

June 17, 2020

77% Of Bitcoin Volume Is Generated by Boomers For This Bitcoin Broker

Baby boomers are responsible for the 77% of volume growth for a San Franciscan Bitcoin broker. The demand from baby boomers is generating most of the growth for San Franciscan Bitcoin (BTC) broker, River Financial.Paul Tudor Jones effectMost surveys conclude that younger generations are more reciprocal to Bitcoin, making this data seem counterintuitive. The company’s […]

Ubisoft Launches Blockchain-Based Collectables to Support UNICEF

The gaming giant released blockchain-based Rabbids tokens that will gather funds for UNICEF. On June 17, Gaming giant Ubisoft released a series of blockchain-based digital collectibles for the popular gaming and television franchise, Rabbids. Money raised through the sale of these collectables will go to support the United Nations Children’s Fund, or UNICEF.According to VentureBeat, […]

American Gaming Association Urges Policy Change on Digital Payments

The American Gaming Association has laid out a proposal of new guidelines for gambling payments. The culmination of a year and half of work, the American Gaming Association has proposed a set of updated policy guidelines for casino payments. The proposition looks to let visitors fund their activities at gambling establishments via digital avenues instead of allowing […]

New Head of US Bank Regulator Talks Bringing Crypto to DC With Cointelegraph

New acting head of U.S. bank regulator talks about innovation expands financial inclusion and the government’s role in building frameworks for crypto. Days into his term as acting head of the Office of the Comptroller of the Currency, Brian Brooks spoke with Cointelegraph on how he hopes to update legacy systems with crypto technology.Brooks came […]

Akon’s Crypto City Moves Ahead Awarding $6B Construction Contract

A U.S. engineering firm awarded singer and entrepreneur Akon with a $6 billion contract to build a crypto city in Senegal. United States engineering firm KE International awarded Senegalese-American singer and entrepreneur Akon with a $6 billion contract to build a cryptocurrency city in Senegal.According to a June 4 announcement, KE International secured $4 billion from investors for […]

BlackBerry Partners With Intel to Launch a Cryptojacking Detection System

BlackBerry releases crypto mining and cryptojacking detection software focused on computers running Windows 10. Software company and former smartphone manufacturer, BlackBerry, has partnered with Intel to launch a crypto mining and cryptojacking detection system for Intel-based commercial computers.According to the announcement, BlackBerry released “BlackBerry Optics v2.5.1100”, which relies on the BlackBerry Optics Context Analysis Engine, […]

Vitalik: Ethereum Supply Is 40M Lower Than Originally Expected

Vitalik Buterin pointed out that 40 million fewer Ether has been mined today than was envisioned five years ago. Vitalik Buterin tweeted today that the Ether (ETH) supply is 40 million less today than what was estimated in the original whitepaper. He believes this refutes the theory that Ethereum is run by inflationist technocrats.Buterin’s tweet from June […]

Online Fantasy Sports Company Recognizes Ransomware Attack in SEC Filing

DraftKing reveals that a ransomware attack was behind the latest cybersecurity incident of SBTech. Fantasy-sports company, DraftKing Inc, recently filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission, or SEC. This form indicates that SBTech, a company DraftKing Inc acquired, was hit by a ransomware attack in March.According to the registration […]

Decred Co-Founder: CBDCs Can Facilitate Crony Capitalism

Co-founder of Decred believes that the CBDCs could create greater information asymmetries that would benefit ruling elites. Decred (DCR) co-founder Jake Yocom-Piatt believes that the emergence of CBDCs will facilitate the growth of crony capitalism. He speculates that if successful, central banks will be able to play favorites without the need for intermediaries.At least nominally […]

Price Analysis 6/17: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, CRO

Bitcoin price is struggling to overtake $9.6K even as Federal Reserve policy appears to be driving new investors into BTC. Stephen Roach, a faculty member at Yale University and former chairman of Morgan Stanley Asia, believes that the supremacy of the U.S. dollar is likely to be challenged and the greenback could decline by as […]