News

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 […]

Chinese Media Outlets Formed Blockchain-Based News Department

A coalition of 12 Chinese media organizations formed on 21 May. To set up a “blockchain-powered news department” with local television stations, local newspapers, radio stations, and web media allied. The group is consists of media companies from all over the country. According to a report by China Email. Moreover, they use 4.0-based solutions and […]

$500 Bitcoin Price Crash Could Be the Start of a Bigger Drop, Here’s Why

$500 Bitcoin Price Crash Could Be the Start of a Bigger Drop, Here’s Why

Bitcoin creator Satoshi Nakamoto could be a bearish ‘ghost’ according to what happened on Wednesday. BTC watched a technical resistance test at $10,000 while trading some $200 below it before almost suddenly it crashed by about $500 in just 15 minutes. So it looks like traders sold off nearly $9,800 after Twitter user Whale Alert tweeted […]

New Partnership Adds Crypto Payment Routes to Shopify

New Partnership Adds Crypto Payment Routes to Shopify

CoinPayments Crypto Payment Processor Partnership means enhanced compatibility for Canadian e-commerce giant Shopify digital asset payments. “Shopify is a natural fit for us,” Jason Butcher, CEO of CoinPayments, told Cointelegraph via email, adding: “As they look to bring new features to their merchant base and CoinPayments works to drive cryptocurrency adoption globally, it makes sense […]

After Lockdown, Coinbase Will Allow Staffs to Work Remotely

U.S. crypto exchange Coinbase has announced that it will move to a “remote-first” workplace. Once the pandemic lockdown is over in an attempt to guard against location-centric risks and to increase decentralization. Coinbase CEO Brian Armstrong said, in an open letter to all employees: “After the restrictions of quarantine are over, Coinbase will embrace being […]

“Rich Dad Poor Dad” Author’s Warning: ‘Get Bitcoin and Save Yourself’

Businessman Robert Kiyosaki isn’t the only high-profile figure who advocates turning to Bitcoin during the current financial crisis. But he’s one of the few who makes it sound like a decision about life and death. On May 19, the best-selling author of the book “Rich Dad, Poor Dad” took to Twitter in a tweet mostly […]

Retail Traders Accumulating Heavily on Bitcoin, Data Shows

When Bitcoin plunged to $3,700 this March, there was no denying that many were afraid to invest. After all, there were traders — and prominent traders at that — seriously expecting the cryptocurrency to fall off a price cliff when the crash occurred. For example, a long-time commodity trader and Bitcoin investor Peter Brandt wrote […]

Austrian Bank Raiffeisen Is Working on a National Digital Currency Pilot

While global governments are pushing ahead with digital currencies in central banks. Private institutions are also seeking to digitize national currencies. Raiffeisen Bank International (RBI), a big Austrian bank, employs blockchain technology to work on a new method of tokenizing the national currency. After a positive test of end-to-end digitized national currency transfers. RBI is […]

Jack Ma Resigns From SoftBank and the Firm Posts Worst Losses in Its History

Jack Ma, the co-founder of Alibaba, stepping down from the board of the Japanese tech giant and the big blockchain backer of SoftBank. After 13 years of close involvement with SoftBank. The richest man in China leaves the board in the midst of SoftBank reporting the worst operating loss in its history. Jack Ma’s exit […]