Health

Beware! Scammers Are Out for Crypto Amid the Coronavirus Pandemic

Source Node: https://cointelegraph.com/news/beware-scammers-are-out-for-crypto-amid-the-coronavirus-pandemic
Time Stamp: April 2, 2020 3:52 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

As the world continues to battle with the deadly coronavirus pandemic, immoral cybercriminals are once again on the prowl. This time, they are using the chaos and fear through phishing techniques and sophisticated malware hacks to access people’s crypto holdings.On March 27, residents in the United Kingdom received warnings from their local councils “to be on their guard against a series of scams attempting to take advantage of the coronavirus outbreak.” Scammers have been using other tricks to lure victims, including the use of false Bitcoin (BTC) donation channels, fake

Ark’s 1 Million Token Grant Fund Drives Community Innovation

Source Node: https://cointelegraph.com/news/arks-1-million-token-grant-fund-drives-community-innovation
Time Stamp: April 2, 2020 3:49 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Interoperable blockchain project Ark (ARK) designated one million ARK valued at roughly $150,000 toward its new development grants program on March 24.While the grant program was launched one week ago, Ark’s Strategic Partnerships Manager, Ray Alvarez, told Cointelegraph that it has already received proofs-of-concept from developers.The program exclusively funds “proposals involving technical deployments and usage of [the] ARK technology stack.”The applications include standalone applications and plugins, including development contributing to Ark’s decentralized private messaging application, desktop wallet, and transaction plugins.In addition to sparking development for specific applications, Alvarez states that

Crypto to the Rescue After Khan Academy’s COVID-19 Traffic Surge

Source Node: https://cointelegraph.com/news/crypto-to-the-rescue-after-khan-academys-covid-19-traffic-surge
Time Stamp: April 1, 2020 7:54 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

The founder of education platform Khan Academy has put out an urgent call for donations following a 250% surge in users due to the coronavirus crisis.CEO Sal Khan asked users to donate fiat — or they can donate Basic Attention Tokens (BAT) via their Brave browsers — to help the platform stay open during the pandemic.Khan said the surge was due to record numbers of students forced to stay home during lockdowns and social distancing requirements. A billion schoolkids are staying home because of COVID-19Khan Academy is a non-profit organization that

U.S. Crypto ATM Network Helps to Promote Social Distancing

Source Node: https://cointelegraph.com/news/us-crypto-atm-network-helps-to-promote-social-distancing
Time Stamp: April 1, 2020 5:30 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Bitcoin Depot, the largest Bitcoin ATM operator in the world, has begun powering down some of its machines in an effort to halt further spread of COVID-19.As much of the world sits in quarantine, Bitcoin Depot has chosen to temporarily shut off crypto ATMs which specifically reside in high traffic areas. The company is undertaking this push as a way to encourage social distancing.“As we monitor the ongoing situation, the number of locations temporarily taken offline will likely increase,” Bitcoin Depot’s director of product, Alona Lubovnaya, told Cointelegraph in an

Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto

Source Node: https://cointelegraph.com/news/feds-quantitative-easing-strategy-holds-long-term-benefits-for-crypto
Time Stamp: April 1, 2020 11:30 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

These are perilous times, and it hasn’t escaped anyone’s notice that the United States Federal Reserve is doing its part to alleviate the suffering — which began with the coronavirus pandemic and has spread to the global economy. It’s printing more money. “There is an infinite amount of cash at the Federal Reserve,” Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, told Scott Pelley of CBS on March 22, adding: “We will do whatever we need to do to make sure there is enough cash in the financial