Search Results for: COVID-19

Blockchain Can Help Find a Cure for COVID-19

According to Brandon Mintz, CEO of the crypto ATM network, Bitcoin Depot. The blockchain group is playing an important role in helping to develop pharmaceutical drugs to counter COVID-19. Blockchain will carry immense computing power to validate transactions and create new coins. In an interview with Cointelegraph, Mintz emphasized that the greatest advantage blockchain brings […]

UAE Startup Relies on Blockchain to Flatten Covid-19 Curve

The UAE-based startup incubator, in5, helps to develop blockchain-based methods for controlling the COVID-19 pandemic in the country and thereby flatten the curve. Liber Health, funded by in5, is one of the systems used to identify patients that supports blockchain technology. According to a study published on May 20. They are creating a contactless device […]

Mexican Companies Launch Crypto Portal for Covid-19 Affected People

Mexican Companies Launch Crypto Portal for Covid-19 Affected People

Mexican crypto-currency exchange Bitso and crowdfunding site Donadora joined forces to introduce a crypto-based donation program. The network would support the neediest families impacted by the COVID-19 crisis to collect funds to buy food. Each pantry delivered will be worth 150 Mexican pesos, according to a report published by El Heraldo de México on May […]

Blockchain Network Waves Opens New Covid-19 Betting Market

Blockchain Network Waves Opens New Covid-19 Betting Market

Blockchain platform Waves has introduced a new betting market. That allows users to speculate if coronavirus pandemic spread has reached its height. Customers can now buy the tokens ‘COVID-UP-SEP20’ and ‘COVID-DOWN-SEP20′ to bet on whether the number of new weekly cases worldwide will surpass April 4 – 10’s record of 595,802 confirmed infections before September. […]

BitMEX Joins Covid-19 Relief Efforts With the $2.5M Fund

BitMEX Joins Covid-19 Relief Efforts With the $2.5M Fund

Seychelles-registered crypto-derivatives exchange BitMEX has been the newest player in the industry to enter philanthropic efforts to counter the global health crisis COVID-19. HDR Global Trading, the operator of the exchange, opened a dedicated COVID-19 Response Fund on April 20 and revealed its donation of a total of $2.5 million in grants to four beneficiaries. […]

Bitcoin Trading in Italy

Italy’s Bank ‘Banco Sella’ Allows Bitcoin Trading Service during COVID-19 Lockdown

The growing interest of crypto adoption and the COVID-19 outbreak encourages Italy’s popular bank ‘Banco Sella’ to launch a Bitcoin trading service in the country. Crypto traders can use the bank’s Hype platform to initiate their crypto trading. The bank will only act as an intermediate to mitigate potential security risks with cryptocurrency exchanges. While […]

Here’s How the US-China Tension Could Benefit Bitcoin

Tensions between the US and China have risen in recent weeks. The US economy has declined in response, although some observers say it has also helped drive the bitcoin (BTC) cost lower to just under USD 12,000. While the further deterioration of US-China relations could benefit Bitcoin, figures from the crypto-industry told Cryptonews.com that sanctions […]

North Korea’s Crypto-Extortion Efforts Have Expanded Considerably in 2020

North Korea’s Crypto-Extortion Efforts Have Expanded Considerably in 2020

A group of hackers linked to the North Korean regime kept their efforts at crypto-extortion alive in 2020. According to a report published by Chainalysis, a group of North Korean hackers operating under the name “Lazarus” targeted several crypto-exchanges last year. One of the attacks involved creating a fake trading bot that had been offered […]

Bitcoin

Bitcoin Up in a Year Again: Hits USD 11,000, Dominance Grows

It took one day for the most popular cryptocurrency, bitcoin (BTC), to climb from the long-awaited level of USD 10,000 to USD 11,000, boosting its market dominance and again showing positive returns in the past 12 months. However, even among the top 10 coins, BTC is still not the best performer. At pixel time (04:40 […]

Celsius Network CEO Urges Savers to Own More Gold than Bitcoin

Celsius Network CEO Urges Savers to Own More Gold than Bitcoin

Both Bitcoin (BTC) and gold would greatly benefit from the current “inflation of money,” predicts the CEO of a big crypto company, while also acknowledging that he thinks people should still own more gold than bitcoin. In a recent interview with Kitco News, Alex Mashinsky, CEO of crypto lender Celsius Network. Has made the advice […]