Block Network

May 29, 2020

Cryptocurrency Documentary to Air on Discovery Science Channel

“Open Source Money,” a documentary series on a crypto firm fully financed with cryptocurrency will air on cable television in the United States. “Open Source Money,” a documentary series on a crypto firm fully financed with cryptocurrency will air on cable television in the United States.According to an announcement on May 29, Discovery Science will […]

Digital Dollar Project Releases White Paper Laying Out Groundwork for US CBDC

A U.S. think tank working towards a digitized dollar has released a white paper detailing inaugural aims and use cases for a central bank digital currency. On May 28, the Digital Dollar Project released its white paper, a 30-page document detailing the potential applications of a CBDC. The white paper continues the nascent think tank’s […]

South Korea’s ICON Releases Blockchain Interoperability Protocol

South Korea’s largest public blockchain, ICON, has released its Blockchain Transmission Protocol, allowing individual blockchains to interact and communicate with each other. ICON (ICX), South Korea’s largest public blockchain project, released its Blockchain Transmission Protocol (BTP) on May 28. The protocol enables interoperability between individual blockchains, facilitating value transfer, service invocation and data exchange.Connecting the chainsAs […]

Coinbase Now Supports Tezos Staking Rewards for UK and Some EU Users

Major crypto exchange Coinbase is rolling out Tezos staking rewards for users in the United Kingdom and three European countries. Major cryptocurrency exchange Coinbase is rolling out Tezos (XTZ) staking rewards for users in the United Kingdom and three European countries.In an announcement on May 28, the exchange revealed that users in the U.K., France, […]

Bitcoin 896-Day ‘Accumulation’ Will Now Spark $100K Bull Run — Analyst

A giant repositioning since December 2017 is about to come to a close, claims Positive Crypto, leading to new price all-time highs. Bitcoin (BTC) has spent almost 900 days correcting from its $20,000 all-time highs — but its trip to $100,000 is about to start.That is the opinion of popular social media trader and analyst […]

Ethereum Significantly Less Private Than Bitcoin, New Research Shows

Ethereum transactions are even easier to de-anonymize than Bitcoin due to its specifics, but a lot of it comes down to careful usage of mixing tools. A paper published on May 29 by Ferenc Béres and a team of primarily Hungary-based researchers analyzed the Ethereum blockchain to find out how easily its transactions can be […]

False Alarm? Bitcoin Upsurge to $9,600 Is a Weak Futures Driven Rally

The price of Bitcoin rejected $9,600 as data shows the futures market led the BTC rally from $8,700 to $9,600. The price of Bitcoin (BTC) rose to as high as $9,620 on May 28 ahead of the CME futures market’s monthly close. Market data shows the rally of BTC — the biggest cryptocurrency by market […]

Canadian University Adds Two Blockchain Programs to Meet Job Demands

Canada-based York University will start two new blockchain education programs in September 2020 in order to meet rising demand for professionals in the field. Canada’s York University School of Continuing Studies today announced two new university-level continuing blockchain programs — the part-time Certificate in Blockchain Development and the full-time Post-Graduate Certificate in Back-End and Blockchain […]

Messari: XRP Inflation Rate Five Times Higher Than Bitcoin’s

According to data research firm Messari, Ripple’s selloff causes inflation to hit 20% — five times that of Bitcoin, inflicting downward price pressure. Data from research firm Messari indicates that Ripple’s circulating supply (XRP) inflation rate is coming up to 20% for the latest financial year. Highest among the large-cap crypto assets, it is five […]

Bitcoin Shrugs Off Goldman Sachs’ Criticism With Price Spike

The crypto community has laughed off Goldman Sachs’ outdated analysis, with the Bitcoin price increasing more than 8% since. Crypto traders aren’t taking advice from Goldman Sachs — with Bitcoin up by more than 8% since the investment bank slammed BTC in an investors call. Bitcoin has increased from the $8,800 mark to $9530, with […]