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Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare


In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...

12 Platforms Allowing You to Trade Gift Cards With Cryptocurrencies


In an emergency situation like the current coronavirus pandemic, anything can turn into currency as the fiat system may experience cash shortages and devaluation. Cryptocurrency users have options to trade bitcoin beyond traditional money. A number of platforms will let you exchange...

China Inches Closer to Its Digital Yuan With This Infographic


The Shanghai branch of the central People’s Bank of China (PBoC) has published an infographic on its official WeChat account to educate the public about digital currencies – and warn them of the dangers of coronavirus-themed cryptocurrency scams. A screenshot of People’s Bank of China’s infographic...

BTC Hashrate Follows Price Drop – 20% Lower Before Bitcoin Halving


Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100 exahash (EH/s)...

While the Crypto Market Was Hemorrhaging Value, These Tokens Mooned


Why do certain altcoins moon? It’s a question that all crypto holders have pondered at some stage while enviously eyeing the ascent of a token that wasn’t even on their radar, let alone their portfolio. If the performance of obscure tokens in a bull market is discombobulating, how...

Bitcoin Price Drop: Is This the Right Time to Step Up Buying Digital Coin?


Hitting at its lowest level since March 2019, Bitcoin prices have become a hotly contested debate in the economic circles. The impact of Coronavirus, which has engulfed whole economic activities across the globe, is now having its visible impact on the digital coins and gold as well. The contagious...

US State Wants to Legally Seize Unclaimed Cryptocurrencies Left at Custodians


The U.S. state of Illinois has advanced a bill to consider unclaimed cryptocurrencies at custodians abandoned after five years. The coins will then be liquidated and the proceeds remitted to the State Treasurer. The cryptocurrency owners will have no recourse against the custodians or the state....

The Race Is On To Become the World's Digital Reserve Currency. Who Will Win?


___ Keld van Schreven is the Managing Director and Co-Founder of KR1 plc, the London listed cryptocurrency and blockchain investment company. ____ Central Banks are excited by Bitcoin's dramatic innovation, its blockchain technology and the potential for Central Bank Digital Currencies (CBDC)....

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