Block Network

June 17, 2020

Binance Pool Is Now the Largest Bitcoin SV Miner

Since its launch in April, Binance Pool has become responsible for 26.39% of all Bitcoin Satoshi Vision blocks mined. A year after removing Bitcoin SV from its exchange in April 2019 and the mining pool operated by leading crypto exchange Binance now produces more blocks than anyone else. According to crypto statistics and services platform Coin […]

There Are Now More Than 8,000 Bitcoin ATMs Worldwide

The number of crypto ATMs worldwide has grown to more than 8,000, just months after passing the 7,000 mark in March. The total number of Bitcoin ATMs has now passed 8,000 worldwide.According to monitoring resource CoinATMRadar, there are currently 8,208 ATMs in 73 countries allowing users to buy and sell Bitcoin (BTC) and altcoins for […]

Six Crypto Heavyweights Join ETH 2.0 Staking Trial

ConsenSys has announced that six top crypto firms will receive early access to its ETH 2.0 staking platform. Six high-profile crypto firms will participate in an ETH 2.0 staking pilot project using the ConsenSys Codefi platform.On June 17, ConsenSys tweeted that cryptocurrency exchanges Binance and Crypto.com, digital asset custody providers Trustology, Matrixport, and Huobi Wallet, […]

Compound’s New Token Tops DeFi Rankings on First Day

A single day of trade has seen Compound’s COMP emerge as the largest DeFi token by market capitalization. After a single day of trading, Compound’s COMP token has emerged as the largest decentralized finance (DeFi) token by market capitalization.COMP overtook MakerDAO’s MKR token by market cap as it rallied by more than 60% over just […]

Former BTC Developer Settles ‘Rapist’ Defamation Suit

Former Bitcoin Core developer Peter Todd has settled a defamation suit against a cryptographer who accused him of being a rapist. Peter Todd, a former Bitcoin Core developer, has settled a defamation lawsuit against cryptographer Isis Lovecruft who accused Todd of being a rapist in a tweet posted in February 2019.The terms of the settlement […]

Crikey! Kraken Launches Support for Aussie Dollar Trading Pairs

Kraken has launched support for trading and funding in AUD six months after acquiring veteran Australian crypto exchange Bit Trade. Major cryptocurrency exchange Kraken has announced support for Aussie dollar (AUD) trading pairs and account funding.Australian dollars will be tradeable against Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), and Tether (USDT) […]

Chainlink, MakerDAO Honored as World Economic Forum ‘Tech Pioneers’

The World Economic Forum has recognized six blockchain companies on its list of 100 Technology Pioneers for 2020. The World Economic Forum (WEF) has recognized six blockchain firms on its list of 100 ‘early to growth-stage’ companies as Technology Pioneers for 2020.According to the WEF’s website, the blockchain and crypto startups recognized for pioneering new […]

Deloitte: 39% of Companies Worldwide Now Have Blockchain in Production

A survey by Deloitte shows blockchain is increasingly becoming a priority among companies with a broad understanding of it. Auditing giant Deloitte’s latest survey shows that almost 40% of respondents from major technology companies worldwide currently have blockchain in production — and almost nine in ten think blockchain will become more important in the next […]

June 16, 2020

Chinese Tech Group Behind TikTok Looks to Enter Finance

Chinese multinational tech group ByteDance is seeking a virtual banking license in Singapore as a means of entering digital finance. ByteDance, the Beijing-based multinational tech group behind Tiktok, is looking into adding banking to its line of products and services. It is currently bidding for a digital bank licence in Singapore, according to the Financial […]

Bitcoin Ponzi Scammer Arrested by Jakarta Police for Sexual Assault

Russ Albert Medlin — co-founder of alleged crypto Ponzi scheme BitClub — was arrested in South Jakarta for sexual assault on minors. Russ Albert Medlin — co-founder of alleged crypto Ponzi scheme BitClub — was arrested in South Jakarta under accusation of sexual assault on minors.Local news outlet Jakarta Globe reported on June 16 that […]