Block Network

June 15, 2020

After New Bearish Weekly Candle, Traders Fear for Scary Pullback to $7,000

Traders say the price of Bitcoin may drop to the $7,000s after the weekly candle closes below $9,400. A new weekly Bitcoin (BTC) candle opened at $9,327 on June 15, under a crucial resistance level at $9,400. Traders say the price of Bitcoin could fall to the $7,000s in the near term.Critical support levels in […]

Ether Mining Pool Decides to Pocket One of the $2.6M Fee Transactions

The Ether mining pool that received the second $2.6 million fee abnormal transaction announced that it will distribute these funds to miners after four days. Ether (ETH) mining pool Etherchain decided to distribute the $2.6 million in fees it received as part of the abnormal string of transactions seen last week.According to a tweet published […]

YouTube Bans Bitcoin.com’s Account for ‘Basically No Reason’, Roger Ver Says

YouTube seems to continue its shadow crackdown on cryptocurrency coverage, as it shuts down the official channel of Roger Ver’s Bitcoin.com. YouTube has shut down the official channel of cryptocurrency news-focused website Bitcoin.com for “a violation of YouTube’s Terms of Service”. According to a statement Bitcoin.com executive chairman Roger Ver uploaded to Reddit earlier today, the […]

Peer-to-Peer Bitcoin Marketplace Integrates With Major Exchange OKEx

Major cryptocurrency exchange OKEx is integrating Paxful’s Kiosk and trading services into its platform. Peer-to-peer Bitcoin (BTC) marketplace Paxful is integrating its platform with major cryptocurrency exchange OKEx.According to an announcement on June 15, the partnership will offer several payment methods for OKEx users through Paxful’s Kiosk to buy Bitcoin with over 160 fiat currencies, […]

Fireblocks Integrates Chainalysis’ Know Your Transaction Feature

Fireblocks will now utilize Chainalysis’ Know Your Transaction tool to streamline compliance and Anti-Money Laundering measures. Blockchain analysis company Chainalysis is partnering with institutional digital-asset security specialist Fireblocks to integrate its Know Your Transaction (KYT) system to monitor crypto transactions within the platform.According to an announcement on June 15, the addition will strengthen Fireblocks’ security […]

Knoxville Is the Latest American City to Suffer a Ransomware Attack

The city of Knoxville had to shut down its IT infrastructure following a ransomware attack launched by an unknown gang. An unidentified ransomware gang attacked the city of Knoxville, Tennessee’s IT network, forcing officers to shut down all systems on June 12.According to local news station WVLT, the attack took place sometime between June 10–11, […]

Aeternity Co-Founder Raising €100M VC Fund Focused on Emerging Markets

Nikola Stojanow has launched a €100 million venture capital fund to support blockchain opportunities in underdeveloped regions of Europe, Asia, MENA and Africa. Aeternity Blockchain co-founder Nikola Stojanow announced a new €100 million ($112.5 million) venture capital fund focused on blockchain development in emerging markets on June 15.Meta Change Capital (MCC) claims it will work […]

Hardware Wallet Maker Ledger Joins the Universal Protocol Alliance

The high-profile wallet maker will be integrating its security and infrastructure solutions with Universal Protocol technology and assets. Digital asset hardware wallet firm Ledger has joined a blockchain interoperability coalition, the Universal Protocol Alliance.In an announcement on June 11, UPA revealed that the high-profile French hardware wallet maker will be integrating its blockchain security and […]

South Korea to Review Legal Issues Surrounding Potential CBDC Launch

The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency. South Korea’s central bank, the Bank of Korea, has formed a legal advisory group to evaluate issues surrounding a potential central bank-issued digital currency (CBDC) launch.According to a press release the central bank […]

Leading Middle East Telecoms Firm Zain Joins Hedera Governing Council

Major telecoms provider Zain has joined the governing council for distributed ledger platform Hedera Hashgraph. Zain Group — a leading telecoms provider in the Middle East and North Africa (MENA) region — has joined the governing council for enterprise-grade distributed ledger platform Hedera Hashgraph.Zain provides mobile voice and data services to over 49.5 million active […]