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Coronavirus Crisis Driving US Investors to Bitcoin, Survey Finds
27.10.2020
The coronavirus pandemic appears to have had more of an effect on the American bitcoin (BTC)-buying community than first thought, per a new survey.
According to a Grayscale-commissioned online survey of 1,000 USA-based general investors aged between 25 and 64 and conducted between June 26 and July...
Goldman Sachs to Settle Massive Corruption Case for $2.8 Billion With US Government
22.10.2020
Goldman Sachs has reportedly agreed to settle with the U.S. government over its role in a corrupt Malaysian government investment fund, which is one of the firm’s worst scandals since the financial crisis. In addition, Goldman Sachs previously agreed to pay the Malaysian government billions...
DragonEx crypto exchange considering shutdown amid OKEx 'crisis of trust'
21.10.2020
DragonEx is shutting down deposits and withdrawals of all cryptos
6 Stimulus Packages Have Been Proposed to Provide Second Direct Payments to Americans
11.10.2020
Six stimulus packages have been proposed to provide second stimulus checks for Americans. The latest proposal came from the White House on Friday. Several stimulus bills are being discussed as Americans hope to soon receive another round of direct payments to help them through the coronavirus...
Interest in Bitcoin Soars in Egypt Amid Economic Crisis and Unemployment
3.10.2020
A growing number of Egyptians are reportedly turning to bitcoin amid rising unemployment and the economic crisis. An Egyptian bitcoin community is seeing a huge spike in the number of members interested in bitcoin mining and trading. Egyptians Increasingly Attracted to Bitcoin Many Egyptians...
Abkhazia Lifts Two-Year Ban on Bitcoin Mining, Moves to Regulate the Sector
3.10.2020
Abkhazia, the self-governing but disputed territory of just 245,000 people sandwiched between Russia and Georgia, has lifted its two-year ban on cryptocurrency mining. The ban came into effect in December 2018 after a surge in mining activity left the region facing an energy crisis. Now,...
Inside the blockchain developer’s mind: The governance crisis
25.9.2020
In order to achieve blockchain mass adoption, three fundamental problems should be solved. Let’s dive into the third one: governance
Inside the blockchain developer’s mind: The vertical scaling crisis
24.9.2020
In order to achieve blockchain mass adoption, three fundamental problems should be solved. Let’s dive into the second one: vertical scaling
Inside the blockchain developer’s mind: The upgradeability crisis
23.9.2020
In order to achieve blockchain mass adoption, three fundamental problems should be solved. Let’s dive into the first one: upgradeability
Abkhazia government blames illegal crypto mining for energy crisis
18.9.2020
It is already illegal to mine crypto within the de facto state
How Game Theory Helped a Swiss Entrepreneur Overcome the Financial Crisis: A Success Story
14.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Benjamin Franklin, an American politician, inventor and writer, said: "If you know how to spend less than you get, then you have the Philosopher's Stone.
The hero of today's rubric does not have...
$1 Trillion in Housing Bonds: US Real Estate Crisis Held Back by Fed’s Mortgage Purchases
3.9.2020
The U.S. real estate market is facing a conundrum, as there’s now a tidal wave of renters who can’t pay rent and a massive number of mortgage defaults stacking up like never before. Amid the looming real estate chaos, the Centers for Disease Control and Prevention (CDC) enacted public...
Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further Devaluation
2.9.2020
Pressure on Nigeria’s current exchange rate is likely to get worse in 2021, when the expected recovery of imports is set to force another devaluation of the local currency to N430/$ next year, according to two Bank of America analysts. Earlier rate adjustments, one in March and another...
Government of Bermuda Pilots Stimulus Token in Response to COVID Crisis
1.9.2020
Bermuda is looking to speed up the distribution of financial aid to its citizens and has begun trialing a digital stimulus token
Venezuela’s Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption Index
31.8.2020
Venezuelans have become increasingly interested in cryptocurrency as their country faces dire economic crisis and hyperinflation, a new study by blockchain data analytics firm Chainalysis shows. The firm’s Global Crypto Adoption Index ranks Venezuela third as “The country has reached...
73% of Argentines Say Cryptocurrency Best for Saving in Economic Crisis: Survey
29.8.2020
A survey of Argentina’s citizens shows that 73% believe cryptocurrency is the most effective saving method in the current economic crisis, such as to hedge against high inflation. Strong Crypto Sentiment in Argentina Global peer-to-peer (P2P) bitcoin marketplace Paxful released the results...
How Much Should We Fear Post-Crisis Debt or Inflation? Feat. Adam Tooze
24.8.2020
An economic historian and one of Foreign Policy’s “Top Global Thinkers of the Decade” discusses post-COVID-19 global economics and politics
Nigeria’s Foreign Currency Crisis Boon for Bitcoin: Country Tops Wallet Downloads Ahead of the US
21.8.2020
Nigeria’s weakening naira currency, as well as the shortage of U.S. dollars, are forcing businesses to switch to bitcoin as the means of settling payments for international transactions. Nigerian businesses need the American currency to buy new supplies, as well as to order essential...
Rich Dad, Poor Dad Author Says ‘Major Banking Crisis Coming,’ Praises Bitcoin and Gold
21.8.2020
Robert Kiyosaki, the author of the best-selling book “Rich Dad, Poor Dad,” explained this week that time is running out as a “major banking crisis is coming fast.” The best selling author says now is “not a time to think about it” and said people should start...
Buy Bitcoin Before ‘Major Banking Crisis’ — Rich Dad Poor Dad Author
21.8.2020
Robert Kiyosaki says there is no longer any time to “think about” buying safe havens like Bitcoin as dollar weakness continues worsening