Search
Crypto Markets Took a U-Turn During the COVID-19 Crisis, Say Oxford Profs
17.4.2020
Initially, both spot market prices and overall trading volume in crypto increased as the number of identified COVID-19 cases rose
Digital Dollar Project: Don’t Rush Digital Dollar During COVID-19 Crisis
16.4.2020
The ex-chairman of the CFTC says a digital dollar should be a priority for the U.S. But he cautions against expediting the initiative during the pandemic
IMF Predicts Worst Global Crisis Since Great Depression, Costing $9 Trillion
16.4.2020
The International Monetary Fund (IMF) said the world’s current economic crisis is the worst downturn since the Great Depression, and no country is spared. The IMF estimates that the cumulative loss to global GDP from the pandemic could be around 9 trillion dollars. Also read: IMF Declares...
80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany
12.4.2020
Amid the coronavirus pandemic and deepening financial crisis, the number of banks charging customers negative interest rates in Germany has accelerated. At least 80 banks now reportedly charge negative interest rates, 16 of which apply this policy to even small deposits. Also read: IMF Declares...
Crypto Miner Bitfarms Cuts Costs and Reduces Staff Due to COVID-19 Crisis
7.4.2020
Canadian mining firm Bitfarms is temporarily cutting its workforce as part of its efforts to weather the COVID-19 pandemic
Malaysia Becomes the Next Country to Approve Cryptocurrency Exchange Amid Covid-19 Crisis
4.4.2020
Malaysia’s Securities Commission has given full approval to a cryptocurrency exchange operator to legally operate in the country despite the nationwide lockdown due to the coronavirus pandemic. Recently, Japan also approved a new cryptocurrency exchange as the country continues to fight...
Jack Dorsey Has Better Plans to Save US From Ongoing COVID-19 Crisis
28.3.2020
The U.S. is one of the first countries to come across a Covid-19 infection, after Wuhan, China. It was in December 2019 when it all started, further spreading it across the globe. The U.S declared it a pandemic, a global health emergency on 13th March 2020. It took a while for Trump to have...
This Is Our Last Chance to Protect Our Privacy Amid the COVID-19 Crisis
26.3.2020
Are you ready to sacrifice your privacy and let the government total control over your lives?
World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic
25.3.2020
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...