Category: Coronavirus

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Blockchain Set to Stamp Out Cheating in World Chess Competition

World Chess is set to move matches online and introduce blockchain technology, after a major tournament was postponed due to the coronavirus. The 2020 Chess Candidates Tournament in Ekaterinburg, Russia has been postponed due to the coronavirus, but organizers are already looking to the future and how blockchain can give the sport a boost.  The…
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Prosecutor Says Crypto Scammers Should Stay in Jail Despite COVID-19 Concerns

A federal prosecutor is fighting the release requests of two alleged scammers accused of operating a $722 million cryptocurrency-related Ponzi scheme. New Jersey federal prosecutor Craig Carpenito is fighting the request of two alleged crypto scammers to be released from a county jail amid the coronavirus pandemic. According to court documents filed with the United…
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This Is Our Last Chance to Protect Our Privacy Amid the COVID-19 Crisis

Will the sacrifice of our privacy help to stop, or at least reduce, the global spread of the coronavirus, and why the governments want to use the total mass surveillance? As the coronavirus continues to spread a total lockdown across the world, governments are creating the foundations for a new society of total surveillance. Can…
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Telecommunications Tokens Are Surging Just Like Stocks

Communication-related tokens have surged over 18 percent in the last week following in the footsteps of Zoom and other telecom stocks. Communication-related tokens have surged over 18 percent in the last week, following in the footsteps of Zoom and other telecommunications stocks. Increase in the remote workforce During tumultuous times, investors are eager to find…
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Globalism Has Failed, Long Live Crypto

What effects does the global pandemic have on our lives, and what could help us to survive? A global pandemic has changed the world. I write this on lockdown, unable to leave my home. A global pandemic has stripped the entire state of California and over 1.5 billion people globally from our rights and freedoms…
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Binance Charity Launches Global ‘Crypto Against COVID’ Initiative With $1 Mln Donation

Binance Charity launches global campaign to distribute medical supplies to the countries hardest hit by coronavirus. Binance Charity has launched an initiative that seeks to raise $5 million in cryptocurrencies to purchase medical supplies for the countries that have been the hardest hit by the COVID-19 pandemic. Binance will lead the #CryptoAgainstCOVID campaign with an…
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Turning A Crisis Into An Opportunity, China Gets One Step Closer to CBDC

The Bank of China has completed the basic function development of a digital Yuan and it has moved one step closer to launch its CBDC during a middle of global recession. As central banks around the world are cutting interest rates to zero and taking aggressive action against the economic recession due to the coronavirus…
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In US COVID-19 Stimulus Bill, Hope not Lost for Digital Dollar

At least one Senator is fighting to keep the digital dollar in the COVID-19 economic stimulus bill as House Democrats reintroduce it. While the newest version of a proposed stimulus package to respond to the economic crisis caused by COVID-19 in the United States has scrapped mention of the digital dollar, at least one Senator…
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Bitcoin Price Gains 7% in 24 Hours as Wall Street Bets on $2T Bailout

A reversal of Monday’s losses for stocks sees only minor reactions on Bitcoin markets, as analysts stay firmly hawkish. Bitcoin (BTC) jumped over $100 as Wall Street opened on March 24, markets broadly gaining amid hope of the United States agreeing a $2 trillion coronavirus rescue package.  Cryptocurrency market daily overview. Source: Coin360 BTC price…
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Alleged Operators of $722M Crypto Scheme Seek Jail Release Amid COVID-19 Fears

The alleged operators of the $722 million BitClub Network Ponzi scheme have requested their release from a New Jersey jail amid concerns over the coronavirus. Two alleged crypto Ponzi scheme operators have requested that a New Jersey federal court grant their release from jail over concerns that the facility will soon host a COVID-19 outbreak.…
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