Russian COVID-19 app gets complaints from 23,800 reviews
The Russian government joined the trend with other countries to launch coronavirus applications in an effort to keep with the activities of the residents amid the virus outbreak. However, the citizens are giving the app a big blow. The Russian COVID-19 app was reportedly launched this week by the country’s Ministry of Communications. The primary […]
Circle CEO declares interest on stablecoins is explosive
Circle CEO declares there is an exploding interest in stable coins. These are coins that are pegged to the dollar. Many crypto goers are turning to digital dollars as a payment method of choice. According to the CEO, Jeremy Allaire, the firms’ recent partnership with Coinbase to support its native stablecoin shows that there is […]
Zero USD intrinsic value sets up Bitcoin for inflation in 2020
Zero USD intrinsic value is setting up Bitcoin (BTC) according to Bloomberg Jared Dillian. While central banks continue “mass paper money printing” the market leader crypto also faces inflation. Dillian has taken the U.S. Federal Reserve and other central banks to task after it became clear that they are printing money. This comes at a […]
Ethereum value transfer reaches parity with Bitcoin
The average Ethereum value transfer now equals to that of the Bitcoin network. It means the total value of virtual assets moved via the blockchain, in this case, Ethereum blockchain, is now contending with those on the Bitcoin platform as of April 12 this year. Blockchain analytics firm Messari shared data indicating that the two […]
DeFi market dips as crypto industry negatively reacts to COVID-19
As the novel coronavirus pandemic spreads across the world, the DeFi market dips responding to the impacts of the epidemic on the global economy. The entire amount of Ethereum (ETH) under decentralized finance applications is plummeting as the virus ravages the world. Per DeFi Pulse, a decentralized finance data aggregator, the total market cap of […]
Coronavirus pandemic pushes crypto emergency app downloads up
Crypto emergency App, Guardian Circle has seen its popularity increase owing to the COVID-19 pandemic. Crypto-based emergency app monthly downloads have skyrocketed due to the global coronavirus pandemic. The project has reported a 2,582 percent surge in the month of March alone which saw 5,150 new users coming on board. The application has been in […]
Square joins Paycheck Protection Program as stimulus lender
Square joins Paycheck Protection Program in a bid to help the U.S. small businesses secure stimulus payments. Square, the world-famous crypto-friendly firm, will be part of the Paycheck Protection Program launched by the U.S. government in response to the COVID-19 pandemic. Square is well known for its love of Bitcoin, cryptocurrencies, and blockchain technology. 3/4 […]
DigiByte and AutumnID join Covid19 Alert app to fight Coronavirus
DigiByte and Autumn have joined the popular Covid19 Alert app in a bid to contribute towards the world’s fight against Coronavirus. AutumnID is based on DigiByte and is the world’s first-ever password generator powered by blockchain. The entry of both these robust blockchain solutions will undoubtedly empower the Covid19 Alert app in its battle against […]
Blockchain Socialism – Can COVID-19 give birth to social credits to annihilate privacy
Is Blockchain Socialism even a term? Blockchain technology has the immense potential to lead the next Industrial Revolution – one powered by data. It promises to resolve the myriad social, financial, and administrative problems that mankind faces today. However, can the same technology take away the very freedoms it promises – that of privacy and […]
Chinese crypto operators seeking mergers amid tightening regulations
Chinese crypto operators are considering large-scale mergers and acquisitions to escape the ever-tightening grip of the Chinese authorities. As reported in the South China Morning Post, the fragmented digital asset sector in the country is being bought under scrutiny. As regulations tighten, the companies are looking for ways to consolidate their market hold. The financial […]
Contact tracing app on the Zcash blockchain platform underway
Blockchain COVID-19 privacy contact tracing App is under development. Coronavirus contact tracing has been a huge challenge across the globe and ZCash privacy backed contact tracing application is underway. The App will be used in tracing the virus contacts without compromising on privacy on the part of the victim. This is an open-source method set […]
Blockchain authentication ideal for testing Chinese made masks
Blockchain authentication has come to play as the COVID-19 pandemic continues to affect every aspect of life across the globe. Real Items firm is urging the KN95 mask manufacturers to guarantee the authenticity of the items. Real Item is a blockchain-based outfit that provides consumer protection services and is using the underlying technology to rid […]
Facebook crypto and coronavirus scams promotor sued
Facebook crypto and coronavirus scams are on the rise. Entrepreneurs are taking advantage of the blockchain anonymity and the global pandemic to scam the vulnerable. However, many of these scams are getting detected early enough to avert suffering to the badly hit populations by the disease. The creator of cloaking software Basant Gajjar just found […]
Pnxbet Live eSport is sports betting new kid on the block
Pnxbet live eSport is the latest to enter into the sport betting industry months after the coronavirus pandemic hit the globe. This has forced many into isolation and online gaming becoming a major pastime. With crypto influence in the gaming and coronavirus forcing many to stay indoors, the timing is just right. However, the gaming […]
Allpay prepaid card to help COVID-19 aid disbursement
The Allpay prepaid card has come in handy in helping in the COVID-19 aid disbursement. This is good news in a world facing total lockdown as a result of the deadly coronavirus pandemic. The UK based payment processing outfit has come up with a prepaid card that will help in the disbursement of emergency funds […]
Digital wallet fees suspended by PEP in support of coronavirus fight
Digital wallet fees have become a major concern to crypto users. However, the coronavirus pandemic fight has pushed many firms to look for ways to help the vulnerable in the society. Paladyum Electronic Money and Payment Systems (PeP), a digital wallet based in Turkey has jumped in to the fight against the global COVID-19 pandemic. […]
Crypto market sentiment of fear implies recovery coming soon?
This week has been great for the crypto market as compared to the previous ones. Bitcoin and other cryptocurrencies have fared really well in the timeframe. However, the crypto market sentiment still reeks of fear among the investors. Analysts are trying to make some sense out of this situation where the market is surging despite […]
Illegal darknet shops accepting crypto for COVID masks
As Coronavirus takes over the world, darknet sites now demand crypto for COVID masks. Darknet is the dirty underbelly of the technological revolution. Unfortunately, cryptocurrencies are often associated with shady darknet businesses. Criminal elements love the anonymity factor of the cryptocurrencies, which comes handy to cover their tracks. Elliptic's research team have found thousands of […]
Bitcoin price is surging as COVID-19 cases drop
Bitcoin price has once more shot past the $7,000 mark and is now trading approximately at $7,380. This is a definite growth as the coin was trading at $6,800, just yesterday. The bullish sentiments lately indicate that Bitcoin has somewhat redeemed itself. From the Bitcoin price drop in mid-February to the crash in March, the […]
Crypto lending market: Recovery enhanced by crypto volatility?
The COVID-19 pandemic has hurt the global market and the crypto market has also taken a huge hit. Federal authorities in the US are requesting the bank to inject fiat money by using their lending power which will help to boost the economy. The crypto lending market has been put to test in these tough […]
Bitcoin mining industry: Can COVID-19 kill crypto mining?
A popular theory has been going around the crypto sphere that the COVID-19 pandemic can kill the bitcoin mining industry. There may be some truth to it to some extent. Small miners have been pushed out of the Bitcoin mining industry. The sudden collapse of the Bitcoin price and the shortage of mining (Application-specific integrated […]
Stellar Foundation fights Coronavirus with 2.5 million Lumens
The COVID-19 pandemic has attracted the blockchain community attention. The global scourge has seen Stellar fighting coronavirus with 2.5 million lumens donation. Through the Stellar Development Foundation, the funds will be channeled through charities to help in the fight against the virus. The Foundation had announced it will donate 2.5 million Lumens to six charitable […]
Darknet and Bitcoin: Ominous trends affected by COVID-19?
Bitcoin and other cryptocurrencies are often looked at as investment instruments by various people while a lot of them frequently use it for daily transactions too. However, with the COVID-19 crisis looming on, the usual spending of Bitcoin has reduced drastically. The darknet and Bitcoin have often been in the news together at such times. […]
Blockchain fundraising in London: A ray of hope amid COVID-19 crisis?
Amid the COVID-19 crisis, blockchain fundraising in London has become a ray of hope for many vulnerable sections of society. Two blockchain-based organizations, Bank Account Based Blockchain(BABB) and CryptoAM.io have come ahead and collaborated for blockchain fundraising in London. The funds will be used to help the old age people and other vulnerable sections of […]
Dutch tech companies team up in fight against coronavirus outbreak
As many as ten Dutch tech companies have come together to lead an initiative called the Tech Against Corona to help the Dutch government in its uphill battle against the panic-causing coronavirus outbreak, Public Matters reported on 26th March 2020. By now, almost every country has realized that if there is one practical application of […]
COVID-19 Bitcoin Scam is reaching beyond UK
COVID-19 Bitcoin scam surfaced in the United Kingdom not a few days ago, and now it appears that scammers posing to have the COVID-19 vaccine are also demanding Bitcoin payments. Although researchers are working day and night to find a cure and origin of this pandemic, no for Covid-19 exists as of now. It is […]
Algorand App on blockchain against Coronavirus
Towards battling novel coronavirus, Algorand Foundation, a blockchain firm based in Singapore, has created an application dubbed IReport-Covid. With the new app, Algorand aims to use blockchain against coronavirus for free and constant access by users who intends to report any infectious case. Coronavirus, no doubt, has taken several tolls on the world, leaving a […]
COVID-19 Bitcoin scam flourishing in the UK
The British national watchdog gave a warning earlier in March, and now the regional authorities in the U.K have cautioned against COVID-19 Bitcoin scam. Reportedly Bitcoin scammers are using the ongoing COVID-19 crisis in order to hoax the people. There had been alerts published throughout March related to the consumer frauds. Now, the Financial Conduct […]
COVID-19 is driving Bitcoin adaption in youth: Mike
In the latest cryptocurrency theory, COVID-19 is driving Bitcoin adaption in the youth, i.e., the generation Z. Michael Novogratz believes that while the economy is in the shackles of Covid-19, generation Z is gaining more interest in Bitcoin day by day. Mike Novogratz, chief executive officer of Galaxy Digital recently tweeted his reasoning on why […]
Covid-19 – NYSE shuts down trading floor
The confirmation of two cases of coronavirus (Covid-19) among their people, NYSE shuts down its human trading floor. The exchange operator of NYSE is yet to disclose when the trading floor will be reopened following the shutdown. The closure may lead to problems As the NYSE platform remains closed, there may be complications on the […]
Blockchain uses in education, a tough lesson with Covid-19
Blockchain uses in education – this realization could be the hard lesson we need to learn from Covid-19. Like a gigantic bird of prey, this pandemic has swooped down on the unwary school populace and tore down the fragile structure of tottering traditional school systems in most countries. Thus, inevitably, the need for a blockchain-based […]
Airbnb IPO suspended amidst Covid-19 pandemic
Airbnb IPO (initial public offering), has joined the list of global events that have been put on hold because of the worldwide epidemic COVID-19. The firm initially planned to become a public entity later this year. However, plans have been on hold until the virus is contained. Sources from the firm revealed that the Airbnb […]
