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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...
Will Blockchain Technology Be Used to Build Evil Social Credit Systems?
12.4.2020
If even a good thing falls into the wrong hands, there may be disaster: Blockchain tech might help to build a Brave New World instead of promised decentralization
Spain’s Lawmakers Plan to Provide Basic Income to Low-Income Residents
12.4.2020
Spain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set date yet for the UBI program, but Spain’s officials said they...
Top 3 Ways Crypto Companies Are Helping Fight Coronavirus
12.4.2020
The COVID-19 outbreak is changing the way the world operates. As people around the globe stay at home to slowContinue Reading
The post Top 3 Ways Crypto Companies Are Helping Fight Coronavirus appeared first on CoinMarketCap Blog
Blockchain Games See Surge During the Pandemic — Can the Tech Handle It?
12.4.2020
Blockchain’s in-game tokens are gaining popularity among quarantined gamers who are forced to stay at home. Could this be the start of a new eSport trend?
Coronavirus Pandemic Is Reshaping Blockchain Companies’ Roadmaps
11.4.2020
While bringing financial losses and problems to blockchain projects, the coronavirus means new business opportunities for others
JPMorgan, Bank of America, Deutsche Bank Predict Major Recession
11.4.2020
Big banks are predicting a major recession, the deepest one in the post-war era. JPMorgan Chase CEO Jamie Dimon said his bank cannot be immune to the resulting financial stress while Bank of America expects the U.S. economy to “collapse” and Deutsche Bank has forecasted a severe global...
Despite COVID-19 Scams, Crypto Fraudsters’ Incomes Fell 30% in March
11.4.2020
The average value of weekly transactions sent to the wallets of known scammers has taken a 30% hit since the start of March
Coronavirus-Tracking Apps Take Different Approaches in Keeping People Safe
11.4.2020
South African COVID-19 status verification app set for April launch, promises user data privacy while improving contact tracing
Coronavirus Crisis Accelerates CBDC Race, Cash No Longer Untouchable
10.4.2020
Cash is no longer king due to the coronavirus outbreak — CBDCs might become the new medium, as the race to release the first digital currency intensifies
Non-Stimulus Tax Rules You’ll Need This Year
10.4.2020
The IRS has already started crucial initiatives to fight against the COVID-19 crisis, but will they benefit taxpayers?
Coronavirus Has Erased 33% of Crypto Scammers’ Revenue: Chainalysis
10.4.2020
Research firm Chainalysis found that even though crypto scammers were seeing high numbers of transactions, this year's dramatic market tumble means their actual profit was a fraction of what it used to be
Fintech Lenders May Struggle to Qualify Under U.S. Gov't COVID-19 Relief Plan
10.4.2020
The U.S. government’s COVID-19 relief plan is not yet fintech-friendly, say experts
Nym Blockchain Privacy Mixnet Opens for User Testing
10.4.2020
Nym testnet invites public to run mix-nodes and collectively solve internet privacy crisis
Texas Cloud Mining Firm Shut Down After Fake Charity Pitch
10.4.2020
Ultra Mining is accused of running a ‘recession special’ and touting a fraudulent $100,000 donation to coronavirus relief efforts
Hundreds of Darknet Listings Are Selling Masks and PPE Products for Bitcoin
9.4.2020
According to a recent research report written by the blockchain surveillance firm Elliptic, there’s been a massive influx of darknet market (DNM) vendors selling personal protective equipment (PPE) like masks and coronavirus test kits. The spike in medical equipment sales on the invisible...
Profit-Taking Keeps Bitcoin in Tight Range as Fed Reopens Spigot
9.4.2020
Bitcoin and ether fell slightly Thursday as traditional markets climbed on additional stimulus measures by the U.S. Federal Reserve and Bank of England
Facebook Sues User for Cloaking Ads for Fake COVID-19 News and Crypto Scams
9.4.2020
Facebook and Instagram sue user for cloaking ads for fake COVID-19 news and crypto scams, sneaking them past reviewers
Bitcoin Garners New Users as Governments Flood World With Fiat
9.4.2020
Thousands of new users are turning to bitcoin, according to Kraken and other exchanges, over fears that government stimulus will lead to inflation
Novogratz’ Galaxy Digital Continues Losing Streak in 2019, Posts $33M Q4 Loss
9.4.2020
Having suffered repetitive losses since foundation in 2018, Galaxy Digital posts another net loss in Q4 2019