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Presently the world is unified against Covid-19, which has ravaged markets worldwide and shaken the very foundations of the global financial system, healthcare, and social norms. Fortunately in this time, we have seen a collective approach to social responsibility, data sharing, and connectivity, which is proving to be a powerful force for good. Common Goal … Read more
On April 8, the Bitcoin Association Switzerland (BAS) announced the launch of a new wrapped bitcoin project called Tzbtc. The token will be used on the Tezos network and each token will be backed 1:1 with BTC. The project is now the fourth tokenized project that leverages BTC on another blockchain. Also read: The Bitcoin … Read more
The Runway Fund expects to make its first investments into startups impacted by COVID-19 next week Go to Source Powered by WPeMatico
Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies. The firm’s Twitter account and macro strategist Marion Laboure have been tweeting regularly about how coronavirus infection risks could “accelerate digital payment systems across the world.” Also read: 5% Over … Read more
Observing the effects of previous epidemics could possibly help us react to the current epidemic. These past epidemics have even caused some of the great minds of history to create their now famous works. The Black Death in the mid-1300’s was estimated to have killed between 30% and 60% of all of Europe. This changed … Read more
The Coronavirus in Sweden has so far claimed 611 deaths, with 7849 confirmed cases. Swedish people still send their kids to school and are not hoarding much of anything compared to countries like the US. But just like in most of the world many businesses are hit hard, and the country’s central bank has started … Read more
Digital currency markets have been rising again as the entire market capitalization of all 5,000+ coins has jumped above the $200 billion mark. The increase in crypto trade volume and coin values has followed alongside the recovery traditional equity markets saw on Monday. On Tuesday, most of the digital assets in the top ten are … Read more
Blockchain technology would make global value chains more resilient against disruptions such as COVID-19, argue WEF authors Go to Source Powered by WPeMatico
Genobank has created an app that allows coronavirus test results to be anonymously uploaded to a blockchain and shared with healthcare organizations Go to Source Powered by WPeMatico
Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Regulations … Read more
