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Turkey to Inspect Cryptocurrency Exchanges as Part of Government Offensive Against Online Gambling
2.3.2020
Turkish authorities will soon be going after crypto exchanges operating in the country, local media reported. Although the trading platforms are not the prime target of a new push to increase budget receipts, they will be placed under close examination. The news comes as a military escalation with...
Crypto Community Gets Prepping as Coronavirus Spreads
1.3.2020
Crypto Twitter (CT) might not be the first place you’d think to look for pandemic survival strategies, but in recent weeks the community has gone into overdrive, busily discussing scenarios related to COVID-19 aka the coronavirus. While some figures have merely wondered what effect...
Chinese Crypto and Blockchain Firms Grapple With Coronavirus Outbreak
28.2.2020
The outbreak has complicated tech upgrades, product development, logistics and business travel at crypto exchanges and other blockchain firms in China
Government to Airdrop $9 Billion in Free Money to 7 Million Hong Kong Residents
28.2.2020
The government of Hong Kong has decided to airdrop about $9 billion in free money to an estimated 7 million residents in the troubled Chinese territory. From a global perspective, this can be seen as a desperate move to stimulate the local economy while the coronavirus outbreak is hitting markets...
This is How Coinbase Prepares for Coronavirus Outbreak
26.2.2020
In the effort to combat the coronavirus outbreak and prepare for the possible escalation of events, major cryptocurrency exchange Coinbase has restricted travel to a few countries and devised a plan for four stages of the disease.
In a shared document, Coinbase - which has offices in the U.S.,...
Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners
21.2.2020
During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining...
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
China: Blockchain Deployment Rises Amid Coronavirus Outbreak
17.2.2020
China has seen as many as 20 blockchain apps launched to tackle coronavirus-related challenges
China Is Scrubbing Cash Notes to Stop Virus Spreading so Its Government Paper Money Wont Kill You
16.2.2020
Research has shown that government paper money is a hotbed for bacteria and that, at least in the U.S., most bank notes in circulation are tainted by cocaine. Now you can also worry about a new threat possibly sticking to your fingers when you handle a bill – a deadly virus coming out...
Crypto Events Postponed, Bitcoin Miners Struggle Due to Coronavirus Outbreak
14.2.2020
As the Wuhan Coronavirus spreads further across Asia – an important region for the crypto industry – industry players have started to feel the impact on their own businesses. As of this weekend, a number of crypto events have been postponed, mining gear manufacturers have announced supply chain...
Bitcoin’s Mining Difficulty Stagnates as Coronavirus Outbreak Delays New Equipment
12.2.2020
A key measure of competition among bitcoin miners has stagnated in the past two weeks as the coronavirus outbreak disrupts economic activity in China
German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic
8.2.2020
Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern. The negative results have been announced on the backdrop of weak demand from Eurozone...
Chinese Crypto Mine Stop or Stall Operations Due to Coronavirus Outbreak
7.2.2020
A mining farm is forced to shut down and mining companies are being affected by the spread of coronavirus
Blockchain Charity Platform to Fight Against the Coronavirus Outbreak
5.2.2020
A blockchain charity platform is gearing up to fight the coronavirus outbreak in China
Hong Kong Crypto Exchange Bitspark Shuts Down Amid Coronavirus Outbreak and Protests
5.2.2020
Crypto exchange service provider Bitspark is shutting down next month despite reporting exponential growth following the launch of its cash point product. The CEO of the company explained that its internal restructuring has not worked out but insisted that the ongoing protests in Hong Kong...
China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic
3.2.2020
China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into...
Coronavirus Outbreak Forces Chinese Crypto ASIC Manufacturers to Delay Orders
3.2.2020
Bitcoin mining rig deliveries from China are delayed due to the coronavirus according to a few Chinese manufacturers. Microbt and Ebang sent notices to customers via the firm’s Wechat channels. Sources say Bitmain and Innosilicon are delaying mining device shipments as well. Also read: How...
How Coronavirus Outbreak in China Could Weigh on Crypto Prices
27.1.2020
The coronavirus outbreak in China could curb flows into crypto assets from investors and dampen the recent rally in the global market, industry pros say
How Coronavirus Outbreak in China Could Weigh on Crypto Prices
27.1.2020
The coronavirus outbreak in China could curb flows into crypto assets from investors and dampen the recent rally in the global market, industry pros say
How Coronavirus Outbreak in China Could Weigh on Crypto Prices
27.1.2020
The coronavirus outbreak in China could curb flows into crypto assets from investors and dampen the recent rally in the global market, industry pros say