Block Network

June 2, 2020

Japanese Finance Minister May Be Opposed to Lowering Tax on Crypto

Taro Aso might not be willing to support legislation in Japan treating cryptocurrency-related income the same as that for stocks. Finance Minister Taro Aso suggested he was unwilling to push for lowering the tax rate on cryptocurrencies in Japan to a flat 20% because it’s difficult for many households to invest in digital assets.Aso was […]

Ripple’s ODL Network Records ATH for XRP/AUD on BTC Markets Exchange

The ODL index for XRP/AUD exceeded the previous all-time high value of $15,640,530 despite the price of XRP staying relatively flat. On-Demand Liquidity (ODL) for XRP paired with the Australian dollar reached a new all-time high of 15,640,530 AUD on the exchange BTC Markets.According to a recent tweet from the Liquidity Index Bot, the liquidity […]

Western Union Makes Takeover Offer for MoneyGram

According to Bloomberg, financial giant Western Union has made an offer to purchase cross-border payments company MoneyGram. Western Union might be purchasing cross-border payments company MoneyGram.According to a June 1 article on Bloomberg, the payments giant recently made a takeover offer for MoneyGram. If successful, this would combine the two of the biggest money-transfer companies […]

Bitcoin Price Surges to $10,380 as Trump Threatens Military Crackdown

Bitcoin price broke the $10,000 barrier and rallied to $10,380 for the first time in 3 months. Within the last hour Bitcoin (BTC) price abruptly surged to $10,380 after spending the last month trading in a symmetrical triangle pattern. The move above the crucial $10K mark occurred as U.S. President Donald Trump mobilized local police […]

Samson Mow’s Infinite Fleet Game 2020 Launch Backed by Major Players

Pixelmatic hopes to use the support of major crypto players for mainstream gamer adoption of digital currency with its INF token. Prominent Bitcoin figures are working together to ensure the alpha release of Pixelmatic’s Infinite Fleet space adventure game is launched by the end of 2020.Infinite Fleet, under the leadership of Blockstream Chief Strategy Officer […]

June 1, 2020

Mining Hardware Maker Canaan Looks to Issue $12.4M in Stock to Employees

Cryptocurrency mining ASIC producer Canaan filed with the U.S. SEC to issue around $12.4 million worth of shares to its employees. Cryptocurrency mining application specific integrated circuit (ASIC) producer Canaan filed with the U.S. Securities and Exchange Commission (SEC) to issue around $12.4 million worth of shares to its employees.According to the S-8 form, filed […]

Satoshi Nakamoto Had Outside Cryptography Help, Says Early Bitcoin Dev

Satoshi Nakamoto sought help from expert cryptographers, which allowed him to make Bitcoin secure, says an early developer. According to an early Bitcoin (BTC) developer, Satoshi Nakamoto sought help from outside cryptographers prior to launching Bitcoin.Laszlo Hanyecz, who worked closely with Satsohi in 2010, told Cointelegraph that he was befuddled by Satoshi’s choice of the […]

Price Analysis 6/1: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, ADA

Tension between China and the U.S. is increasing and if the current trade deal is scrapped Bitcoin could be a major beneficiary. The tensions between the U.S. and China have escalated once again. This is bad news for the global economy which is currently witnessing one of the worst crises since the Great Recession. If either […]

Hacker Steals Database of the Largest Hosting Provider on the Dark Web

Sensitive data from darknet websites hosted in Daniel’s Hosting have been leaked by a hacker who claims ties to Anonymous. Reports emerged on May 31 about a hacker that stole and leaked the database of Daniel’s Hosting (DH), the largest free web hosting provider in the darknet, and the home of several crypto-related forums and […]

Protestors Invoke Bitcoin in the Wake of George Floyd’s Death

Cryptocurrencies appear on the scene of massive protests in the U.S. in response to police killing George Floyd, with many industry leaders weighing in. The United States is witnessing its biggest protests in years following the death of George Floyd at the hands of a police officer in Minneapolis. Some compare it to those after […]