Search Results for: COVID-19

bitcoin

COVID-19 shook out retail investors but incited BTC whales: Report

Retail and institutional Bitcoin investors took very different approaches as the COVID-19 pandemic began, new research from OKEx Insights and Catallact has shown. The research, which looked from January to the beginning of August 2020 at on-chain BTC transaction data, found retail investors largely pulled back and took a wait and see strategy with Bitcoin. […]

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 […]

Cryptocurrency forms the Davos Agenda of the World Economic Forum

Cryptocurrency forms the Davos Agenda of the World Economic Forum

The upcoming Davos Agenda of the World Economic Forum will feature two separate cryptocurrency sessions. Offering another compelling sign that digital assets have penetrated mainstream awareness. Moreover, on Monday and Thursday, the sessions, titled Resetting Digital Currencies, will be held. Five public speakers included in the first session, including Governor Andrew Bailey of the Bank […]

bitcoin

With Bitcoin, Travellers can now get US passports in as little as 4 weeks

A visa and passport processing company based in California confirmed. That it will consider Bitcoin as a form of payment. As the US Department of State activities are starting to return to normal. According to a Nov. 6 announcement from the San Jose-based Peninsula Visa passport and visa expeditor, the company announced that it will […]

bitcoin

The Use of Bitcoin Increased During the Economic Recession in Egypt

As the COVID-19 pandemic pushed the Egyptian economy into recession. And unemployment deepened, the benefits of trading. And mining Bitcoin are seen by more and more Egyptians as an alternative source of income. Many Egyptians, particularly young people, are interested in crypto-currencies, according to Al-Monitor. The economist and financial advisor to several investment institutions in […]