UK hospitals are tracking COVID-19 vaccines temperature using blockchain
TL;DR Breakdown: Hospitals are using blockchain to monitor COVID-19 vaccine temperature. The main idea was to make the information tamper-proof. It’s more evident that blockchain is not only tied to digital currencies. Presently, the technology is being applied across several sectors to improve trust, transparency, and immutability of information. Even during the Coronavirus outbreak, many […]
Indian doctors warn against COVID-19 vaccines offered to VIPs for Bitcoin
TL;DR Breakdown: Black marketers are offering unverified COVID-19 vaccines to VIPs in India. Several doctors warned against them as they might unhealthy and illegal. An unverified COVID-19 vaccine is making rounds in the black market, targeting patients and residents in India, although the government hasn’t authorized the distribution of such drugs in the nation. Most […]
US election expected to determine Bitcoin success, according to investor survey
Bitcoin investors confess their greatest fears are around the US election Survey participants also said eyes were also on stock market performance Bitcoin has been regarded by some investors during the crisis as a ‘safe-haven asset’ Numerous market factors have influenced Bitcoin’s price over time. Following the announcement of a global pandemic in March, the […]
Coronavirus vaccination in Brazil to be monitored using blockchain
Brazil planning to issue coronavirus vaccines starting January 2021 Blockchain technology will be used to trace the vaccination Brazil eyeing China’s CoronaVac Brazil is dispensing coronavirus vaccination nationwide, and the plan is to leverage blockchain to monitor the progress. A new YouTube webinar shared by Brazil’s Ministry of Justice and Public Security engaged in talks […]
Bitcoin scammers rake in $24M in Q1 2020, report
A recently published report by crypto tracking and analysis firm Whale Alert shows that Bitcoin scammers have pocketed $24 million in the first quarter of this year, implying that no amount of crisis or slowdowns can deter them from deceiving people. From using the oldest trick in the book to finding the most innovative ways […]
Massively low crypto volumes behind muted June trading – BitMEX Research
Significantly low crypto volumes were reported in June across the entire crypto spectrum. BitMEX Research conducted research as per data from CryptoCompare and revealed that the month of June had recorded an enormous slide in cryptocurrency volumes. The lackluster month saw spot exchange volumes sliced by half. As lockdown restrictions ease and people move back […]
Cuban crypto industry rises amidst a crippling economy
As Cuba grapples with serious economic challenges, the Cuban crypto industry is registering an uptick. Though unfortunate, the sliding economic environment is pushing people towards decentralized cryptocurrencies to protect their wealth. Crippling food shortages, unemployment, and Coronavirus pandemic have all led to a thriving crypto industry. Venezuela no longer provides aid to Cuba. ‘Mules,’ or […]
COVID-19 has accelerated the need to develop CBDC, says BIS Report
The annual BIS Report by Bank of International Settlements has been released, and it says that Coronavirus pandemic has accelerated the need to create central bank digital currencies. The report mentions that central banks must realize that the time to move ahead with CBDC projects has come. The COVID-19 has exposed many new cracks in […]
Crypto exchange Kraken looks to strengthen ties with Switzerland
US-based crypto exchange platform Kraken is hoping to strengthen links with crypto kindred soul Switzerland and build a robust foundation within a country that boasts a responsive approach to cryptocurrencies; it stated in an official blog post dated June 22. The cryptocurrency regulations in Switzerland, albeit stringent, are often hailed as a benchmark in the […]
VeChain’s medical data management platform goes live
The VeChain I-Dante led blockchain-enabled medical data management platform for a leading hospital in Cyprus, Mediterranean Hospital of Cyprus, announced last month, has finally gone live, according to a Twitter post dated June 20. The COVID-19 outbreak has wreaked irreparable havoc in many parts of the world. With government agencies, healthcare officials, employers, and individuals […]
You can now buy real estate in Turkey with Bitcoin
International real estate firm Antalya Homes just recently completed the highest valued real estate sale with Bitcoin and is transforming the way properties are viewed and sold. Post-COVID, businesses across the globe are undergoing rapid changes in the way they reached out to their customers and made sales, and real estate is no exception. Traditionally, […]
Unilever makes $1bn blockchain investment to fight climate change
One of the world’s leading consumer goods companies Unilever has unveiled a $1.13 billion worth blockchain investment to fight climate change with anti-deforestation supply chain initiatives. From the US advocating the use of blockchain technology for the proper administration of stimulus payouts to Chinese companies betting on it for the revival of the economy post-COVID-19, […]
COVID-19 to propel blockchain investments in beauty industry
The coronavirus outbreak is likely to drive biotechnology and blockchain investments in the beauty industry as consumers demand safety and transparency amid growing fears. Blockchain technology remains an expensive and experimental affair in the beauty industry. For the moment, it remains relatively niche. However, it doesn’t take away the fact that the technology has massive […]
More Ripple ODL corridors will launch this year, says Asheesh Birla
An official at Ripple, the blockchain company behind the fourth-largest digital currency (XRP), has revealed in a recent blog post that the company is set to open more Ripple ODL corridors later this year. It will equally ramp up ODL volume on existing corridors, where necessary. Ripple On-Demand Liquidity (ODL) to enable a convenient payment […]
How Bitcoin can help end economic injustice in 2020
Economic injustice is likely to be the significant defining feature of the year 2020, if not the only. Coindesk seeks the opinion of Isaiah Jackson, the author of Bitcoin and Black America, a revolutionary book that delves deep into black economics, Bitcoin, and blockchain technology. Post coronavirus outbreak, the global financial system is in flux. […]
McAfee’s $1M BTC price prediction absurdist humor
Popular Antivirus developer who is also a crypto adherent, John McAfee has swallowed his word and backed down on his former BTC price prediction. The developer said his $1M BTC price prediction he posited in 2018 to come to effect by this year’s end was not to be believed by anybody. $1M BTC price prediction […]
Sberbank launches 5000 blockchain-powered touchless ATMs in Russia
State-owned Russian bank Sberbank spearheads the adoption of touchless ATMs in the country, leveraging blockchain technology for better security and efficiency, and helping the region curtail the deadly coronavirus spread. The coronavirus pandemic has paved the long-pending way to a touchless future. From touchless travel, touchless payments to touchless toilets, and now touchless ATMs, the […]
Healthcare startup Solve.Care launches blockchain remote medicine platform
Crypto healthcare startup Solve.Care has announced a blockchain remote medicine solution. In a world ravaged by the Coronavirus, remote operations are taking prominence over manual ones. Remote medicine is gaining momentum in COVID-19 times and Solve.Care is hitting the right notes in this regard. https://t.co/nYZJ9pMNHi has just announced the launch of Global Telehealth Exchange (GTHE), […]
COVID-19 or not, it’s permanent work from home for Coinbase staff
Coinbase CEO Brian Armstrong announced a permanent work from home for his 1000 plus employees and enforced a remote-first policy. It implies that up to 60 percent of staff will now be entitled to choose remote working over on-site, during, and post COVID-19 outbreak. For most businesses across the globe, tech companies, in particular, things […]
Darknet market takes a stand against coronavirus scammers
The deep dark web of the darknet market has a clear message for vendors and coronavirus scammers who are looking to exploit the current crisis to earn some quick bucks. And that is to Keep Out! So, it is true! Humanity knows no boundaries. The darknet market, popularly referred to as the digital underworld or […]
Crypto market volatility: digital derivatives to the rescue
The coronavirus has in every way possible exposed the crypto market volatility. The world’s economy has always suffered big blows whenever the globe witnesses crises as big as Covid-19. On the one hand, disasters like this have often birthed accelerated innovations. The fintech industry hasn’t been an exception in any of these. Companies are fast-tracking […]
Now is a good time to be a crypto lawyer, renowned trial attorney
According to notable crypto lawyer Brian Klein, the pandemic is a great time to become a lawyer as it is necessarily causing business models to disrupt and companies to mull over new strategies and legal disputes. For outsiders like us, it may seem like the pandemic is the worst time to be a crypto lawyer, […]
The Great Frost of 2020 will shrink UK economy by 14%, warns Bank of England
The Bank of England is ringing alarm bells that severe uncertain times await the United Kingdom economy as a result of COVID-19. The British economy will experience an economic crash of biblical proportions in the coming months. The dire economic situation will be worst than the Great Frost of 1709 and will mark the worst […]
Would a multi currency system replace the dollar?
Before the coming of standardization, many theories identified money as various currencies being competitive among each other. The emergence of multi currency systems meant stiffer competition for cash. Globalization saw the rise of a single currency to become more prominent than others. The US Dollar has remained stable for a very long time, steadily appreciating […]
Despite slowing unemployment rate, 3.2 million Americans filed jobless claims in last week
The US Department of Labour has reported the number of jobless claims filed in the week ending on May 2, revealing that 3.2 million Americans claimed unemployment in that period. While the number is still exponentially greater than pre-pandemic levels, it is lower than the figures of the few weeks before it. This suggests that […]
Next BTC bull run to hit $10.5k after $9k plunge
Analysts have predicted that the next BTC bull run will push the crypto to hit $10.5k. This is as BTC in recent times has been showing a glimpse of an imminent bull run as it climbed back to $9k before falling again. However, the most recent $9k bull run the crypto experienced will be remembered […]
COVID-19 stimulus checks spent on Bitcoin net 35%
When the United States government issued COVID-19 stimulus checks mid last month, many people expressed their intentions to lash out on guns, tigers, and Bitcoin. Those who purchased Bitcoin using their coronavirus stimulus effect, are already reaping the benefits as we head towards the block rewards halving. According to data shared by Coinbase CEO Brian […]
Australia ramps up beef traceability with blockchain
Australia’s leading livestock tracking platform Aglive successfully piloted blockchain-powered beef traceability initiative from Australia to China, while joining forces with supply chain solutions provider DB Schenker and country’s livestock researcher Meat & Livestock Australia (MLA). For a long time, Australia has deployed rigid systems to ensure beef traceability is foolproof. Several paddock-to-plate traceability firms turned […]
Paxful launches Bitcoin fundraising campaign to help Africa amidst Coronavirus pandemic
Peer-to-peer (P2P) Bitcoin trading platform Paxful, has launched a Bitcoin fundraising campaign in Africa. Paxful announced the expansion of its #BuiltWithBitcoin charitable campaign initiative in Africa with the launch of the “Africa Fund” on May 4, 2020. The fund will utilize Bitcoin donations to purchase the necessary resources and equipment for combating the ongoing pandemic. […]
USD 8 trillion coronavirus fiscal stimulus: Crypto surge triggered
In the wake of the global pandemic, which has led to the coronavirus fiscal stimulus, the US economy is contracting at a rate not seen since the Great Depression of the 1930s since the first quarter of 2020. In just six weeks, a total of 30 million Americans filed for unemployment claims. Meant to soften […]
Surge in gold backed token trading amid acute shortage in supply
There’s currently a surge in gold backed token trading even as gold refiners work to ease acute supply shortages created by market shocks from the coronavirus crisis. Nevertheless, pressure on the precious metal rose rapidly due to the economic instability although trade routes and refineries remained closed off and shut down. This transpires even as […]
Coronavirus inspires small Italy town to create own currency
Owing to the drastic economic effect of coronavirus in Italy and also a way to survive these hard times, a small Italy town, Castellino del Biferno, with 550 residents, began minting their local currency. The currency dubbed “Ducati” was developed primarily to support the economy of the small Italy town now that COVID-19 pandemic ravages. […]
Crypto mining operations gets hydropower energy support in China
Crypto mining operations in the Yaan municipality in China are set to receive backing and support from Chinese officials as renewable energy that would power crypto mining in the area is approved. These representatives, on the forum of the Regional Economic and Information Office and the Regional Growth and Improvement Committee of Yaan, made public […]
U.S. Lawmakers again push for blockchain in COVID-19 relief
The calls to use blockchain in COVID-19 relief package passed by the Congress are rising again. Now, 11 Congressmen have appealed to the U.S. Treasury Department to employ innovative technologies, including blockchain, to disburse funds under the newly launched COVID-19 stimulus package. Earlier too, lawmakers talked about how blockchain can help streamline monetary transactions and […]
ECB explores Digital Euro as COVID-19 crisis continues
The European Central Bank (ECB) is exploring options to develop its payments infrastructure and is studying solutions both with blockchain and without. The main cause of this exploration has been the COVID-19 outbreak, which has caused the ECB to worry about its stimulus cash. The ECB is looking for a solution that can ensure that […]
Hacking activity against WHO increases during COVID-19 pandemic
The World Health Organization has reported an increase in hacking activity targeting the upper echelons of the organization. The increase in hacking activity comes at a time when the organization is at its busiest stage responding to the ongoing pandemic. Hacking activity against WHO According to the non-governmental organization SITE Intelligence group, anonymous activists had […]
Free Storj Coronavirus storage space to aid COVID-19 research
The newly announced free Storj Coronavirus storage space aims to help in the fight against COVID-19. Storj, a decentralized storage platform, has opened its doors to researchers working on virus research. We understand that COVID-19 has disrupted many lives. We want to help out by offering 1TB of free @Tardigrade_io cloud storage per month for […]
Bizarre 5G Coronavirus conspiracy spread by crypto-loving U.K. pastor
As the 5G Coronavirus conspiracy spread like wildfire, the burning cell towers in the United Kingdom garnered worldwide attention. When the whole world was struggling with COVID-19 pandemic, the U.K. reported strange incidents of people burning 5G towers. Reportedly, people believed that 5G towers were spreading the Coronavirus and hence took to burning them down. […]
COVID-19 scam: US authorities seize on-sale website demanding Bitcoin payment
In what could be flagged as one of the COVID-19 scams, two United States authorities have reportedly frozen a website from an alleged scammer. The owner posted about the site in a “hacker’s forum,” and demanded a payment in Bitcoin for the domain. US authorities frown on illicit operations The seizure was made by the […]
Is a crypto market bullish run imminent? Experts think so!
In the crypto world, the future seems to be bearish and yet, experts have predicted that a crypto market bullish run is imminent. However, It’s only the first quarter of the year and we have witnessed the most troubling circumstances ever. BTC resurrected above the USD7K keep resistance level It’s only normal for people to […]
