Block Network

June 4, 2020

Walmart China Subsidiary Teams Up With VeChain to Trace Food Products

VeChain has partnered with a Walmart China subsidiary to increase supply chain transparency for its food products. Sam’s Club, a China-based subsidiary of Walmart, has partnered with blockchain-based supply chain management platform VeChain (VET) to trace food products sold by the shopping chain.PricewaterhouseCoopers (PwC) will assist in the Sam’s Club Blockchain Traceability Platform project, which […]

‘Crypto Mom’ Nominated to Serve as SEC Commissioner Until 2025

Hester Peirce, affectionately known as ‘Crypto Mom’, looks set to serve in the US Securities and Exchange Commission until 2025. President Trump has nominated Hester Peirce to be a member of the U.S. Securities and Exchange Commission (SEC) for a second term ending in 2025. Pierce has been affectionately dubbed ‘Crypto Mom’ for being one […]

June 3, 2020

Recent Data Hack Could Put Millions of Dollars in Bitcoin at Risk

Hackers stole over 5,000 email addresses from Coinsquare’s database and aim to use it for SIM swapping. Hackers stole almost 50,000 email addresses from Canada-based cryptocurrency exchange, Coinsquare. Now, they’re hoping to use the data to perform SIM swapping attacks.One of the alleged hackers involved in the attack spoke to VICE Motherboard on June 2, […]

How Gemini Works in Sync With Samsung’s Wallet

Last week, the Gemini crypto exchange unveiled their collaboration with Samsung, harnessing the outfit’s wallet. Crypto exchange Gemini announced compatibility with the Samsung Blockchain Wallet last week, allowing users to interact with the exchange through the wallet.  U.S. and Canadian “Samsung Blockchain Wallet users can buy, sell and store crypto on their phones through the Gemini […]

Pomp Explains Why Mainstream Markets Are Up Amid Chaos

Amid protests, rioting and general uncertainty, mainstream markets have posted positive numbers, seemingly contrasting the state of the U.S. Even in light of recent riots, protests, and uncertainties, mainstream U.S. financial markets show upward prices due to overarching forces, according to Morgan Creek Digital co-founder, Anthony Pompliano. “Yes there are protests, there are all these things, […]

Spanish Multinational Launches Free Tool to Decrypt Files Affected by VCryptor Ransomware

Telefonica announced a new tool created by its cybersecurity division to decrypt affected files by VCryptor. On June 3, Spain-based telecommunications conglomerate, Telefónica, released a free tool to recover data encrypted by the VCryptor ransomware.The tool, VCrypt Decryptor, was created as part of an international initiative titled “No More Ransomware”. This alliance was established by […]

Bloomberg: “Bitcoin will approach record high of about $20,000 this year”

Bloomberg says that all signs point to Bitcoin going on the major bull run in 2020, the only question is whether it will break the all time high of $20,000. The latest report from Bloomberg reveals that the company expects Bitcoin (BTC) to retest the record highs from 2017, and may even go as high […]

Blockchain Platform to Track $2.5B Worth of Tea Products

The Chinese province of Yunnan will track their tea supply chain using blockchain technology. The Chinese province of Yunnan announced the official launch of a blockchain-powered traceability platform for its Pu’er tea farms on June 3.The blockchain platform was first announced in the 2020 Phoenix Nest Ancient Tree Spring Tea New Product Launch Conference in […]

CME Data Shows Institutional Investors Undeterred by Bitcoin Price Drop

This week Bitcoin price corrected sharply after rejecting at $10,400 but CME BTC futures data shows institutions remain bullish. CME Bitcoin (BTC) futures and options markets expired on May 29, and despite a $100 hiccup, the price of the largest digital asset on CoinMarketCap held up nicely around the $9,400 level.As the market entered this […]

Charlie Shrem’s Way to Bitcoin: From Millionaire to Felon and Beyond

Charlie Shrem explains why he originally committed to crypto and how it has shaped his life. Charlie Shrem has been involved in crypto longer than almost anyone. He likes to joke that he was one of the first ten people to ever hear about Bitcoin. He now hosts the crypto-focused podcast Untold Stories, which attempts […]