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US Government Prediction: Economy Faces 10-Year Recovery, $8 Trillion Loss From Coronavirus
3.6.2020
The U.S. Congressional Budget Office has projected that the coronavirus crisis will cost the U.S. economy about $8 trillion. Many factors play a part in shrinking the economy, such as business closures, social distancing measures, consumer spending, a drop in energy prices, and recent legislation....
Remote Work Isn’t Enough: Shifting Toward a Decentralized System Architecture
3.6.2020
Why and how to shift your business toward a decentralized system architecture amid the global COVID-19 pandemic
Telos to Use Blockchain for Food Assistance Platform
3.6.2020
Telos has launched a partnership to deploy its blockchain to secure food assistance programs in the United States
Travala Sees 205% Jump in Booking Revenue as Travel Demand Returns — 60% Paid With Cryptocurrencies
2.6.2020
Crypto-friendly travel booking platform Travala has reported booking growth as demand for travel returns despite continued coronavirus crisis and extended lockdowns in many places. Its booking revenue in May soared 205% and 60% of all bookings were paid with cryptocurrencies. Travel Demand...
Hackers Move Another $800K in BTC Stolen From the 2016 Bitfinex Breach
2.6.2020
Another $800,000 worth of bitcoin from the Bitfinex hack of four years ago has been moved to an unknown wallet. Whale Alert reports that hackers transferred 77.64 bitcoin (BTC) on Tuesday, which amounts to $797,000 at the time the alert was issued. The thieves last moved about $255,000 or 28.4...
UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief
1.6.2020
The UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund its coronavirus relief efforts. So far, 30 banks have been voluntarily transferring money from dormant accounts to the government, including HSBC, Barclays, Clydesdale, Credit Agricole, Danske...
For the Blockchain Industry, the COVID-19 Clock Is Ticking
31.5.2020
The crypto industry has the best historical moment to change the discourse about crypto and its reputation into a successful innovative tech sector
Amid Youtube Censorship, Individuals Flock to Decentralized Video Sharing Apps Like Lbry.tv
31.5.2020
In mid-May, news.Bitcoin.com reported on one of our mining pool videos being censored and banned from the video-sharing platform Youtube. The report had shown how Youtube has been censoring videos for a long time now, and the CEO specifically told the public certain coronavirus films would...
How Blockchain Will Revolutionize Healthcare
30.5.2020
Emerging technologies such as blockchain can aid both medical practitioners and patients, who stand to gain the best from its implementation
The Worst Crisis in a Century Is Setting the Stage for Bitcoin
29.5.2020
The world’s existing economies are suffering due to the COVID-19 pandemic, which has revealed the main benefits of decentralized tech and crypto
Digital Dollar Project Releases White Paper Laying Out Groundwork for US CBDC
29.5.2020
A U.S. think tank working towards a digitized dollar has released a white paper detailing inaugural aims and use cases for a central bank digital currency
Blockchain ID Solution Aims to Tackle Spike in Delivery Fraud Amid Coronavirus Measures
29.5.2020
Nuggets, a digital identity and payments platform, has developed a way to accept deliveries without needing a physical signature to combat a spike in fraud during the coronavirus pandemic
How Coronavirus Has Hampered The Growth Of The US and Global Economy?
29.5.2020
Coronavirus or COVID-19 pandemic has brought the world to a standstill. Within a few weeks span, the deadly virus spread its tentacles from its epicenter Wuhan to all the major countries. The World Health Organization advised governments to preach certain guidelines to limit the proliferation...
Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving
29.5.2020
Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly post the coronavirus crisis. GBTC...
How to Crypto in Coronavirus Times, With the Help of the CoinMarketCap App
29.5.2020
If you’ve joined the crypto community for more than a week, you might have realized that building, holding and educatingContinue Reading
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Telegram CEO Donates 10 BTC to Pandemic Relief Effort
28.5.2020
Telegram CEO Pavel Durov reportedly donated about $90,000 worth of bitcoin to help alleviate the financial burden of COVID-19 pandemic in Russia
Telegram CEO Donates 10 BTC to Charity Project in Russia
28.5.2020
Telegram CEO Pavel Durov donates 10 BTC to a Russian charity project backed by a local political activist
Stellar Throws SatoshiPay a $550K Lifeline After Coronavirus Knocks Out Series A
28.5.2020
Stellar's Foundation converted its commitment into a loan to help SatoshiPay get through the next year
How Blockchain Tech Is Revolutionizing Traditional Lotteries
28.5.2020
There are many challenges in traditional lottery systems. Can distributed ledger technology help to solve them?
$103M Bailout Denied for Coronavirus-Hit Firms in Switzerland’s ‘Crypto Valley’
28.5.2020
The finance director of Switzerland's "Crypto Valley" has been denied a request for extra assistance for blockchain and crypto startups affected by coronavirus funding drought