News and Articles by blockTian


Bitcoin price

Bitcoin price reached a three-week high

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Today, August 5, the price of BTC jumped to the levels above $11,600, the last time observed in the second half of July. As you can see, the pulse growth was accompanied by a surge in trading volumes. “According to the old tradition,” Bitcoin pulled along with the rest of the market. ...

blockchain regulation in South Korea

Non-regulated zone for blockchain development in South Korea

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The South Korean government has declared Busan (the second-largest city in South Korea) a “non-regulatory zone” for blockchain technologies' development. In particular, following the example of the Swiss Zug, Busan will open for a number of initiatives in the field of finance, public security,...

Bitmain expects positive results despite $625 million losses

Bitmain expects positive results despite $625 million losses

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The leading manufacturer of Bitcoin mining equipment Bitmain suffered losses in January-February of 2019 totaling $625.000.000. Nevertheless, the company expects that high demand for new 7-nm devices will allow it to end the year with positive results, writes Cryptoglobe with reference to local...

Study: reserves of ICO-projects are significantly reduced

Study: reserves of ICO-projects are significantly reduced

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Analysts of The Block analyzed the development of 57 ICO-projects, which together attracted about 8.2 million ETH. They found that, since the closure of the tokensales, 5.9 million ETH (72%) were either moved or spent. So, on average, projects spend or move about 2500 ETH per month. Golem and...

Adult platform SpankChain launches payment service

Adult platform SpankChain launches payment service

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Ethereum-based adult entertainment platform, SpankChain, has launched a crypto payment processor along with two new partners. The announcement, published on July 31, shows that the new service, called SpankPay, is launched along with its first two integration partners: JustFor.Fans and SkyPrivate,...

Cryptocurrency platform Bitwala raised €13 million

Cryptocurrency platform Bitwala raised €13 million

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The Japanese corporation Sony, through its venture division Sony Financial Ventures and the investment firm NKB Group, led a round of financing of Series A for €13 million (about $14.5 million) of the Bitcoin-banking platform Bitwala. According to representatives of the company based in Berlin,...

FCA - final cryptocurrency assets manual

UK: The final guide to cryptocurrency assets presented

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The Financial Conduct Authority of Great Britain (FCA) has published the final version of the cryptocurrency assets manual, indicating which of them fall under its jurisdiction. Most of the published rules were submitted in January of this year, and, as expected, the final wording does not contain...

Brazil: public transport in Bitcoins

Brazil: the payment of public transport in Bitcoins

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Residents of Fortaleza (the major Brazilian city) will soon have the opportunity to pay Bitcoins for their trips on public transport. It is reported by The Block, with reference to local media. In particular, the cooperative of autonomous passenger carriers of the State of Ceará, whose capital is...

Who is investing in Bitcoin

Bitcoin whales undergoing institutional accumulation?

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The cryptocurrency market may have been experiencing sideways for the past months, yet just like any other industry, it is slowly getting the attention of big players. In fact, according to a survey by Fidelity Investments, “about 22% of institutional investors already have some exposure to...

Mining officially allowed in Iran

Iran: crypto mining is recognized as an industrial activity

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During the meeting of the Iranian Cabinet of Ministers, which was held on Sunday under the chairmanship of President Hassan Rouhani, mining cryptocurrency was recognized as an industrial activity, the local news agency Mehr News reported. According to a government decree, miners will have to...

Ren Zhengfei about Libra

Founder of Huawei: China is able to release its analogue of Libra

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The founder of the Chinese technology giant Huawei, Ren Zhengfei, said that China should not wait until someone launches a digital currency like Libra. In his opinion, the state is always stronger than any Internet company. This was reported by the local media. "China is able to release its...

TON's ICO investor The9 Ltd

The first foreign investor of Telegram Open Network (TON) is a Chinese company

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Shanghai The9 Ltd invested $2 million in the blockchain project of Pavel Durov during the ICO held in 2018. This is the first publicly known foreign investor of the project. The Chinese company The9 Ltd during the closed ICO (initial coin offering the initial placement of cryptocurrency coins) of...

People more trust Bitcoin than Libra

Survey: the overwhelming majority of US residents do not inspire confidence in Libra

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According to a survey conducted by CivicScience, the overwhelming majority of US residents do not inspire confidence in the upcoming digital currency, Libra. The survey involved 1799 adults in the United States. Only 2% of respondents said they trust the Libra project more than Bitcoin. It also...

Media accused Justin Sun of illegal pornography

Media accused Justin Sun of distribution of illegal pornography: the lunch with Warren Buffett is...

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The Tron Foundation reported on transferring the lunch of Bittorrent owner Justin Sun and legendary investor Warren Buffett by agreement of the parties. So, the meeting was to be held on July 25, but there were found kidney stones in Sun's organism. The new date is still unknown. However, shortly...

smart contracts' vulnerabilities to hacker attacks

Half of the pilot projects and more than 70% of smart contracts contain vulnerabilities to hacker...

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The active introduction of blockchain technologies by financial organizations threatens their security, to the point of complete loss of control over critical resources. This was published in a report by the company Positive Technologies, which specializes in cybersecurity. Half of the pilot...

Bitcoin's hash rate updated its historical maximum

Bitcoin network's cumulative computational power again updated its historical maximum

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Last weekend, the cumulative computational power of the Bitcoin network once again updated its historical maximum, reaching 79.752 EH/s. The peak figure, according to Blockchain.com, was on Saturday, July 20th. On Sunday, the last day for which statistics are available, the hashrate fell slightly...

David Marcus :the hearings on the Libra project

David Marcus vs US House of Representatives: The hearings on the Libra project. Part 2

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The hearings on the Libra project have already took place in the Financial Services Committee of the US House of Representatives, which is chaired by one of the most active public critics of the project, Congresswoman Maxine Waters. This is the second part of our text reportage from the hearings....

David Marcus :the hearings on the Libra project

David Marcus vs US House of Representatives: The hearings on the Libra project. Part 1

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The hearings on the Libra project are already taking place in the Financial Services Committee of the US House of Representatives, which is chaired by one of the most active public critics of the project, Congresswoman Maxine Waters. North Carolina senator Patrick McHenry said that the lack of...

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