Check out this week’s Bad Crypto News. Bitcoin is still floating comfortably around $7,000 after a week in which it’s risen more than ten percent. Over at Bitcoin.com, the news is not so good. Candor, a site that lists jobs lost to the coronavirus, has reported that Roger Ver is planning to lay off half […]
Continue ReadingGiven the global coronavirus lockdown, some blockchain projects have found their business plans affected, others see no change. The coronavirus pandemic has been affecting more and more aspects of the blockchain and cryptocurrency market. As Cointelegraph previously reported, more than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 […]
Continue ReadingGiven the economic losses due to the COVID-19 pandemic, can we expect governments to be more vigilant in taxing cryptocurrency this year? Could this be the year the world gets serious about cryptocurrency taxation? The coronavirus pandemic, after all, could cost the global economy as much as $4.1 trillion — or almost 5% of global […]
Continue ReadingA South African team is building a blockchain-powered COVID-19 status verification app, using a different approach to Russian, Chinese solutions. A team of academics at the University of Cape Town in South Africa is developing a blockchain-powered application that will allow users to verify their own COVID-19 status. The platform, named Covi-ID, is still under […]
Continue ReadingA Bitcoin miner in upstate New York has sold 106 petahash of its computing power to an undisclosed buyer, using a physically-settled “BTC hashpower contract.” A Bitcoin-mining power plant in upstate New York has sold 106 petahash of its computing power to an undisclosed buyer using a “hashpower contract” settled in Bitcoin (BTC). The contract […]
Continue ReadingDespite the high level of privacy, Venezuela’s national crypto could not help avoid international sanctions nor even cover the illicit activities of the country’s leaders. At the end of February, the United States Immigration and Customs Enforcement revealed its Cryptocurrency Intelligence Program, which targets peer-to-peer and darknet markets for the illicit use of cryptocurrencies. Then, […]
Continue ReadingBlockchain tech can bring the trust and transparency that are essential during a crisis, especially a global one. The COVID-19 pandemic is not going to end soon. Fear and anxiety have skyrocketed, and nearly half of the people in the United States feel the coronavirus has harmed their mental health. People are scared, anxious, depressed, […]
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Sentencing for the co-founder of major alleged crypto scam OneCoin has been postponed for a further three months at the request of the U.S. government. Sentencing for the co-founder of the major crypto scam OneCoin has been postponed for a further three months at the request of the United States government. On April 7, the […]
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We drank beers and talked crypto from the comfort of our homes, and the cameras were running. In the latest episode of Beer & Bitcoin, Cointelegraph’s YouTube hosts Jackson and Giovanni were joined by Cointelegraph editor-in-chief Jay Cassano and managing editor Kristina Lucrezia Cornèr. They are in quarantine in New York City and Padova, Italy, […]
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Crypto mining firm Riot Blockchain has been sued to pay $728,200 to cover an investor’s legal costs from separate security regulation violation lawsuits. An investor sued Nasdaq-listed cryptocurrency mining firm Riot Blockchain for $728,200 that the investor owes in another contract breach lawsuit. According to court documents filed on April 3, the aforementioned sum is […]
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