Novel Coronavirus

The Effect of Coronavirus on the Cryptocurrency Market

Source Node: https://coinrabbit.io/blog/the-effect-of-coronavirus-on-the-cryptocurrency-market/
Time Stamp: December 30, 2020 5:58 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The year 2020, has been greatly eventful. From threats of a world war, to increased terrorist attacks. A biography on the life of the year 2020, would not only be a bestseller but also an excellent read. However the most significant single event of this year is and has been the coronavirus (COVID-19) pandemic, at its global takeover. From a regular virus, one that was once considered to be not worse than a cold flu, to transition into a global pandemic outbreak. The COVID-19 pandemic has affected every aspect of

#BitcoinForBeirut Seeks Sound Money To Help City’s Explosion Victims

Source Node: https://bitcoinmagazine.com/articles/bitcoinforbeirut-seeks-sound-money-to-help-citys-explosion-victims?utm_source=rss&utm_medium=rss&utm_campaign=bitcoinforbeirut-seeks-sound-money-to-help-citys-explosion-victims
Time Stamp: August 18, 2020 4:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

On August 4, news of major explosions at the port of Beirut spread around the world, along with astounding videos and images. It quickly became apparent that the damage was extensive and that many in Beirut had been killed, injured or had become casualties of extensive property damage.And the tragedy came at a precipitous time for those in Beirut. A years-long economic crisis and the strains caused by the novel coronavirus in Lebanon have resulted in skyrocketing exchange rates, widespread distrust of banks and a rising interest in alternatives like

Former Bakkt CEO to Sell All Holdings After Insider Trading Accusations

Source Node: https://cointelegraph.com/news/former-bakkt-ceo-to-sell-all-holdings-after-insider-trading-accusations
Time Stamp: April 9, 2020 9:07 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Following major accusations of insider stock trading during the coronavirus-induced market crash, Senator Kelly Loeffler (R-GA), the former CEO of Bakkt, is liquidating her holdings with her husband.In an April 8 tweet, Loeffler said that she and her husband Jeffrey Sprecher, CEO of ICE, which is the company that owns Bitcoin (BTC) options contracts regulator Bakkt, are liquidating their holdings in managed accounts to focus on tackling the coronavirus situation.“I’m doing it because the issue isn’t worth the distraction”The former CEO of Bakkt has also published an opinion piece in

Deutsche Bank Places Bitcoin (BTC) at the Center of All Currencies 

Source Node: https://coinfomania.com/deutsche-bank-bitcoin-center-of-all-currencies/?utm_source=rss&utm_medium=rss&utm_campaign=deutsche-bank-bitcoin-center-of-all-currencies
Time Stamp: April 7, 2020 8:44 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

As the world records more than one million confirmed cases of the novel Coronavirus, the German multinational investment bank, Deutsche Bank (DB), sees a strong need for a cashless society during this pandemic time. Current Flaws With Physical Money The use of physical cash potentially poses the risk of spreading the virus, especially dirty banknotes, according to the World Health Organization (WHO). In line with the warning, the central bank of South Korea began quarantining banknotes and even went on to destroy some notes to curb the spread of COVID-19

Charities Are Turning to Bitcoin Amid the Global Fight Against Coronavirus

Source Node: https://cointelegraph.com/news/charities-are-turning-to-bitcoin-amid-the-global-fight-against-coronavirus
Time Stamp: April 6, 2020 2:41 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In the war against the novel coronavirus, cryptocurrencies are emerging as a much-needed tool for charity and fundraising projects. Already there are a number of large nonprofits accepting Bitcoin donations. Plus, some blockchain and crypto firms are contributing medical supplies to hospitals in an attempt to curb the virus, while others are setting up fundraisers and charities that are aimed at helping its victims.As a number of nonprofits continue to accept cryptocurrency donations, they are starting to realize that crypto transactions significantly reduce costs in terms of fees. Here are