Coronavirus


Finance

Bitcoin Garners New Users as Governments Flood World With Fiat

Thousands of new users are turning to bitcoin, according to Kraken and other exchanges, over fears that government stimulus will lead to inflation.

Federal Reserve Chairman Jerome Powell

Finance

Galaxy Digital Warns Losses Could Continue as Coronavirus Hits Bottom Line

The crypto merchant bank just managed to keep its head above water in 2019, but says profits will likely suffer amid the effects of Covid-19.

michael novogratz by brady dale

Markets

Researchers Are Tapping Blockchain Tools in Fight Against Coronavirus

A variety of projects are tapping blockchain tools to securely store and carefully share personal information in the ongoing fight against COVID-19.

Researchers are increasingly turning to blockchain tools to mitigate the COVID-19 impact, which saw lockdowns and stay-at-home orders in numerous countries. (Credit: Shutterstock)

Finance

Crypto Trading Volumes Rise in India After Banking Crisis, COVID-19 Lockdown

A nationwide coronavirus lockdown, a local banking crisis and a favorable court ruling have created a trifecta for crypto trading volumes in India.

LIFE UNDER LOCKDOWN: A man in a mask cleans the road in Jodhpur, India, on March 30. (Credit: Shutterstock).

Markets

Top Cryptos Edge Up as Derivatives Data Suggests Newfound Risk Aversion Among Traders

Bitcoin and ether climbed modestly late Wednesday as lighter crypto derivatives volumes signaled uncharacteristic caution among the market’s traders.

Source: CoinDesk BPI

Finance

Wuhan Days: What I Learned About Blockchain From Two Months Under Lockdown

A DeFi professional describes life under quarantine in COVID-19's epicenter. When the next crisis comes, he says, blockchain tech will be ready to help.

A guard polices access to a shopping area in Wuhan. (Credit: Shutterstock)

Finance

Your Crypto Startup Needs a Recession Strategy

A shakeout is coming in crypto venture capital and entrepreneurs should react with a new plan, says our columnist.

(Credit: Shutterstock)

Markets

Bitcoin Community Funds Italian Red Cross Medical Facility to Combat Coronavirus

Bitcoin donations have funded a mobile medical center used to assess Italians potentially hit by the novel coronavirus.

A QR code used to raise bitcoin donations for the medical center effort. Credit: Helperbit

Markets

World Economic Forum Looks to Blockchain for Supply Chain Woes

The World Economic Forum said Monday that blockchain and digitization can help supply chains survive crises like COVID-19.

Businesses "usually have little to no knowledge of suppliers further up the [supply] chain,” wrote the WEF contributors. (Credit: Shutterstock)

Markets

China Is Winning the Coronavirus Information War

The coronavirus crisis creates a geopolitical opportunity for China, starting with digital currencies, says Teddy Fusaro of Bitwise.

china-tech-flag