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Bitcoin Yet Again Dipped Below $4500; Is it Approaching 3-Year Low?

16.3.2020
Bitcoin has faced a catastrophic fall of price all the more shockingly today as it has traded way below $5000 again. While there is a significant part of the crypto community, which is considering these vanishing price dips as an opportunity to buy premium crypto coins like BTC, the other part...

Crypto Leaders Lash Out Federal Reserve for Bailing Out Hedge Funds

16.3.2020
Those who witnessed the crisis of 2008 will definitely agree that the disaster was building up for months, and when it finally, it shook the entire global financial system. The major factions responsible for the economic crisis included the hedge funds, big finance houses, private banks, etc.,...

Bank of Russia Says New Digital Assets Bill Will Outlaw Crypto Trading, Issuance

16.3.2020
The central bank is in favor of digital securities, but maintains cryptocurrencies shouldn't be allowed in Russia

Federal Reserve Cuts Reserve Ration to Zero

16.3.2020
Federal Reserve announced rate cuts in the reserve ratio for banks to 0%, and last this happened was in December of 2008, the year of a horrific crisis whose shocks the world continued to feel for years. The recent downfall in the market seems to be a strong indicator, and alarms across the world...

Toyota and Securitize Say They Have Developed a Blockchain ID Platform

16.3.2020
Automaker Toyota appears keen to expand the scope of its blockchain operations – with a new personal ID and vehicle ID platform now fully tested and potentially ready for rollout. In April last year, the Toyota Group, which also comprises financial services and R&D ventures, launched...

Shell Subsidiary Builds DLT-Based Virtual Power Plant in Germany

16.3.2020
Sonnen Group, a subsidiary of Royal Dutch Shell, will use blockchain technology to create a virtual power plant to store excess wind power in Germany

Bakkt Raises $300M Series B From Microsoft, Pantera

16.3.2020
Bakkt raised $300 million from its parent firm ICE, as well as Microsoft's M12, Pantera and a number of other funds

While the Crypto Market Was Hemorrhaging Value, These Tokens Mooned

16.3.2020
Why do certain altcoins moon? It’s a question that all crypto holders have pondered at some stage while enviously eyeing the ascent of a token that wasn’t even on their radar, let alone their portfolio. If the performance of obscure tokens in a bull market is discombobulating, how...

Extreme Social Distancing: Self-Quarantine Diary, Day 1

16.3.2020
How did we get in this mess? How do we get out of it? What will the post-coronavirus world look like? First in an occasional series

Jack Ma Foundation: First Shipment of Masks and TestKits Off to US

16.3.2020
Jack Ma, the founder of Alibaba Group, tweeted today declaring that the first shipment of masks and coronavirus test kit is already on its way to the US from Shanghai. The first shipment of masks and coronavirus test kits to the US is taking off from Shanghai. All the best to our friends...

Nouriel Roubini's ‘Toilet Paper Commodification’ Plan Has a Crypto Bent

16.3.2020
Nouriel Roubini. Source: a video screenshot, Bloomberg New York University economics professor and arch crypto-skeptic Nouriel Roubini has hatched an ingenious solution to the financial crisis brought about by the coronavirus pandemic – and it involves commodifying toilet paper. In...