Category: Coronavirus

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Interpol Enlists Korean Startup to Track Crypto on the Dark Web

Interpol partners with a South Korean startup that specializes in examining crypto flows on the dark web to help fight darknet cybercrime. The International Criminal Police Organisation (Interpol) has announced a partnership with South Korean data intelligence startup, S2W Lab, to analyze dark web activity, including cryptocurrency transactions. The startup announced the partnership on March…
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Bitcoin Price Did Not Crash 60% Due to Coronavirus, Says Binance CEO

Systemic weakness and a lack of will to change any of its aspects are what led to traditional finance temporarily crashing Bitcoin, argues CZ. The coronavirus pandemic was just the spark that ignited the current global economic meltdown, not its cause, the CEO of Binance says. In a blog post on March 20, Changpeng Zhao,…
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Stuck in Quarantine? Become a Blockchain Expert With These Online Courses

Earn a blockchain certification by taking one of these five online course at home, or learn more about cryptocurrency from the comfort of your couch. It seems like the entire world has been told to stay inside their homes as the coronavirus outbreak continues to wreak havoc. As a result, the world has become almost…
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Folding@Home Surpasses 400,000 Users Amid Crypto Contribution

Decentralized coronavirus research initiative Folding@Home has announced that 400,000 users are contributing to its platform. In a recent Reddit ask-me-anything (AMA) Gregory Bowman, Folding@Home’s (F@H) director, revealed that the project currently has 400,000 computers actively contributing to research. “We had about 30K users before the pandemic started,” he stated, adding: “In the past two weeks,…
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Big Brother Capitalizes on Coronavirus Fears, Crypto Industry Responds

As the world continues to fight with the rapid spread of coronavirus, data privacy comes into question. Governments are now considering tracking online user data as a way to fight the rapid spread of COVID-19. As a result, the question of personal data privacy is increasingly becoming a subject of discussion within the crypto community.…
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Goldman Sachs Walks Back From Viral, Apocalyptic ‘Investee Call’

Goldman Sachs sets the record straight on the apocalyptic ‘investee call’ that set social media on fire. An apocalyptic account of Goldman Sachs ‘investee call’ went viral on social media faster than the coronavirus — and now the investment bank wants to set the record straight. The story snowballed after first being reported in a…
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Banking Shut Down Drives Crypto Adoption Among Venezuelans

The indefinite suspension of Venezuela’s national banking system is driving further adoption of cryptocurrencies. Peer-to-peer Bitcoin (BTC) trading has surged in Venezuela after shutting banks amid a nationwide quarantine to fight the spread of coronavirus. On March 17, Venezuelan President Nicolas Maduro brought a country-wide quarantine to slow the spread of COVID-19. With only 33…
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How EOS and ETH DeFi Made It Through Market Turmoil

Unconventional analysis of two major decentralized finance projects, based on Ethereum and EOS, which recently went through the same storm. On March 11 at 4:56 p.m. UTC, Tedros Adhanom Ghebreyesus, the director of the World Health Organization, stated that COVID-19 can be characterized as a pandemic. Industry experts consider the global uncertainty around this respiratory…
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Coronavirus Financial Crash Is Bitcoin’s Biggest Test, BitMEX Says

The recent market crash could be Bitcoin’s biggest opportunity since its creation in 2009, BitMEX says. BitMEX, the world’s second largest crypto exchange by daily trading volume as of press time, believes that amid the ongoing global coronavirus crash, Bitcoin faces its biggest challenge and the opportunity to prove its potential during the global financial…
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IDG-Backed Crypto Exchange KuCoin Establishes KuGroup to Expand Services

KuCoin exchange establishes KuGroup, a core division of the company that will manage all three of the company’s businesses. Despite the ongoing global crisis fueled by intensifying coronavirus fears, Singapore-based cryptocurrency exchange KuCoin takes action to expand its services and restructure business. Backed by major venture capital firm IDG Capital, KuCoin exchange has established KuGroup,…
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