Bitcoin has seen strong gains since the coronavirus triggered sell-off occurred in mid-March but the drop may bring unexpected changes to the mining industry. This week the price of Bitcoin (BTC) surged more than 15%, reaching a high at $7,200 before pulling back into the $6,800 range. Despite the recovery, Bitcoin still has a way […]
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Binance, the world’s largest crypto exchange, has announced 100 new hires despite the ongoing economic downturn. While global unemployment continues hitting new highs amid the coronavirus pandemic, the cryptocurrency industry is stepping in to shelter job losses, with some of the biggest companies in the space announcing their intention to hire new employees. Binance, the […]
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AAX exchange CEO Thor Chan thinks crypto markets will do well, despite recent and current uncertainty. As the world sits in flux between coronavirus and financial market concerns, AAX crypto exchange CEO, Thor Chan, thinks cryptocurrencies will ultimately make out ok. “During a period of intense panic, many investors fled the markets in search of […]
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The case for an immediate Bitcoin price spike after the halving in May is flawed, past data shows. The block reward halving of Bitcoin (BTC) has long been touted as an optimistic factor to drive the short-term price trend of BTC in the first half of 2020. Historical data, however, shows that the halving does […]
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UnionBank head forecasts that the coronavirus will drive banks to shift towards digital currencies, leaving physical cash behind. Edwin Bautista, president and chief executive of UnionBank of the Philippines, has forecast that the coronavirus outbreak will drive banks to shift towards digital currencies, leaving physical cash behind. As Euromoney reported on April 3, Bautista noted […]
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The South African National Blockchain Alliance has been launched to drive technology development by bringing public and private enterprises together. The South African National Blockchain Alliance carried out an online livestream launch while the country is in the midst of a 21-day lockdown to curb the spread of the coronavirus pandemic. The organization was due […]
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Once the go-to place for crypto and blockchain firms, is the “blockchain island” of Malta being hollowed out? It seems that Malta is becoming both less popular among and less populated with crypto firms. The European Union country attracted dozens of industry players in 2018 on the back of the “blockchain island” agenda championed by […]
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Under the guise of the COVID-19 pandemic, governments may target our civil liberties, and cryptography could become the technological protector of our rights. Even with all the looming uncertainty surrounding the global COVID-19 pandemic, system security needs to remain at the forefront of companies’ planning. Businesses around the world are shutting down under local, state […]
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The European Commission sees some specific uses for blockchain technology in coordinating communication between member states, fostering crypto innovation. The head of the digital innovation and blockchain unit at the European Commission (EC), Pēteris Zilgalvis, explained the concise benefits of distributed ledger technology (DLT) in an interview to The Banker, a subsidiary of the Financial […]
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Privacy-oriented web browsers are making a serious dent in the user base of various mainstream surfing platforms like Chrome, Safar and others. In recent months, big-name players like Google and Apple have been going the extra mile to showcase their privacy features to the world. However, as most people are now aware, these multinational companies […]
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