Block Network

June 5, 2020

Mexico’s Blockchain Sector Grows 90% in 2 Years Despite COVID-19

Mexico’s blockchain sector is producing robust growth, with the sector having nearly doubled in size since 2018. Mexico’s blockchain and financial technology, or fintech, industries have nearly doubled in size over just two years, according to data provided to Cointelegraph by blockchain-focused law firm, Legal Paradox.The firm estimates that Mexico’s fintech and blockchain sector has […]

Ledger Users Can Now Connect Their Wallets to DeversiFi DEX

The hardware wallet company has stepped into the world of decentralized finance (DeFi). Ledger, a producer of cryptocurrency hardware wallets, announced today that its users can now connect their devices to the DeversiFi decentralized exchange, or DEX.Hardware wallets + DeFiAs a result of this integration, Ledger has become one of the first hardware wallet makers […]

Bitcoin Has Been the Best Currency Investment for Over 1,200 Years

Although not designed as an investment vehicle, Bitcoin’s rise in value has made it the best currency investment you could have made in the last 1,200 years. Bitcoin (BTC)’s value appreciation over the past 11 years sets it apart from virtually all of the world’s fiat currencies. Central banks around the globe continue to churn out […]

Antminer T19 May Not Affect Bitcoin Hash Rate but Keeps Bitmain Ahead

The Antminer T19 by Bitmain may not have a big impact on the Bitcoin network, and it comes out amid the firm’s internal and post-halving uncertainty. Earlier this week, Chinese mining-hardware juggernaut Bitmain unveiled its new product, an application-specific integrated circuit called Antminer T19. The Bitcoin (BTC) mining unit is the latest to join the […]

Singapore-Based TomoChain Launches P2P Lending Feature

The Singapore-based exchange will enable a new P2P lending feature in two weeks through its TomoDEX’s platform. Singapore-based cryptocurrency exchange TomoChain will launch a peer-to-peer, or P2P, lending feature in two weeks through its TomoDEX’s platform.According to an announcement, TomoDEX is the first decentralized exchange, or DEX, powered by the layer 1 protocol TomoX — […]

Standardize Together: Clarifying Tokenization to Drive Global Adoption

Understanding business requirements before technology solutions is necessary to drive emerging tokenized ecosystems. Microsoft, IBM, Nasdaq and a number of other technology and financial organizations from around the world recently formed the InterWork Alliance, or IWA. The alliance, which currently consists of 36 members, serves as a non-profit organization dedicated to creating global standards needed […]

Waves Enterprise Starts Beta Testing for Blockchain Corporate Voting Platform

Waves’ new platform uses blockchain to make shareholder voting more transparent, and is reportedly already being considered by major firms. Waves Enterprise has launched Voting — a blockchain-powered e-voting platform centering corporate clients — for public beta testing.According to the official announcement, published on May 28, the new service aims to “leverage all the advantages […]

Central Bank Digital Currencies Endanger Private Banks, Says Federal Reserve

Central bank digital currencies endanger private banks, warned the Federal Reserve Bank of Philadelphia. The Philadelphia branch of the United States Federal Reserve has published a new report that warns about the potential effects of issuing central bank digital currencies (CBDCs). In the report, the Fed said that — after the introduction of a CBDC — […]

Report: USDC Volume Collapsed in May Despite Market Recovery

As exchange volumes and the crypto market resumes growing by all measures in May 2020, the USDC stablecoin saw its Bitcoin trading volume plummet by 78%. A June 5 report compiled by CryptoCompare and shared by BitMEX Research shows that a positive trend in cryptocurrency exchange volumes began in 2020, though USD Coin’s (USDC) market […]

Your Crypto Taxes Can Be Donated to Charity Instead

Cryptocurrency has become one of the easiest ways to donate to charity without the funds being funneled to third parties. The crypto community is incredibly financially literate and savvy. Despite everyone calling for crypto adoption and more merchants to accept crypto as payment, most people want to accumulate more crypto, not spend it. Holders think […]