Tag: Coronavirus

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What lies ahead for crypto and blockchain in 2021? Experts answer

Here’s what industry leaders foresee in the development of the blockchain technology and crypto space in 2021. It would be fair to admit that after 2020 and all it has put us through, making any predictions for the upcoming year is most likely to be a game of blindfold. Meanwhile, I am certain that humanity…
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Did Bitcoin prove itself to be a reliable store of value in 2020? Experts answer

Experts in blockchain technology and crypto take on the question of Bitcoin’s path throughout the year 2020. Without any doubt, the year 2020 was unlike any other year in the 21st century: The ongoing COVID-19 pandemic, global governments unstoppably printing money, “lockdowns” and “social distancing” becoming the new normal, protests against racial discrimination and police…
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Top 10 crypto and blockchain stories of 2020

Corporations and institutional investors seeking an alternate store of value amid the pandemic crisis drove crypto to new heights in 2020. The COVID-19 pandemic dominated the news in 2020, affecting myriad sectors — health, economics, social justice, politics and trade, as well as the cryptocurrency and blockchain industry. As country after country locked down to…
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2020 has provided the incentive to rethink our approach to money

A terrible year has still presented a unique opportunity to rethink how money is managed and used in our society. 2020 has been a year of upheaval throughout the world. Overshadowed by the COVID-19 pandemic, the events of this year brought forth new challenges no one was prepared for, upending the way we live, work,…
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The pandemic year ends with a tokenized carbon cap-and-trade solution

Lowering CO2 emissions and lessening carbon-intensive approaches are the essential goals in global efforts to fight climate change. It has been a blazing start to a new decade, with 13% more large, uncontrolled wildfires around the world this year compared with 2019. This has spelled dire consequences for CO2 levels, which have made worse a…
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Bitcoin FOMO? Tesla and these four stocks crushed BTC’s gains in 2020

Coronavirus and renewable energy are among the triggers of huge dividends for holders of certain equities this year. Bitcoin (BTC) has wowed investors with all-time highs and year-to-date returns of over 200% — but there are stocks that still beat it. As of Dec. 22, markets’ data shows that no fewer than five companies’ stocks…
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Coinbase seeks extended feedback deadline to FinCEN’s new crypto rules

Coinbase says that a 15-day notice-and-comment period for FinCEN’s new crypto rules is not enough. Coinbase, one of the largest cryptocurrency exchanges in the United States, is advocating extension for the industry’s feedback deadline to newly proposed crypto rules by the Treasury’s Financial Crimes Enforcement Network, or FinCEN. In a Dec. 21 blog post, Coinbase’s…
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Bitcoin theft is likely to surge in meager post-COVID economy: report

Cybercriminals may favor a different cryptocurrency in the coming months, however. Cryptocurrency-related fraud and theft are likely to grow in the post-COVID-19 world, according to a new report by cybersecurity and anti-virus provider, Kaspersky Lab. Securelist, Kaspersky’s cyberthreat research arm, published a report on cyberthreats to financial organizations, forecasting some specific types of financial attacks…
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Bithumb crypto exchange temporarily closes some offices due to COVID-19

Bithumb’s offline support center in Gangnam is closing down due to COVID-19. Bithumb, the largest cryptocurrency exchange in South Korea, is preparing to close some of its offices due to the ongoing COVID-19 pandemic. According to an official announcement on Nov. 23, Bithumb will be temporarily suspending its offline support center in Gangnam to prevent…
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How has the COVID-19 pandemic affected the crypto space? Experts answer

Experts in blockchain technology and crypto take on the question: What impact has the COVID-19 outbreak had on the industry? Who could have imagined a year ago how different our lives would be in just 12 months? Without any doubt, last November will remain a significant point in humanity’s history — the time when it…
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