Once the coronavirus hit, registered nurse Shannon Garcia suddenly needed to work from home, like thousands of others in the U.S. Not only would her isolation make space in a crowded hospital, she’d keep herself safe. Having cardiac arrhythmia and lung damage, she’s more vulnerable to the global virus taking a toll on her health.
The U.S. mortgage industry faces collapse once again, this time due to the economic consequences following the coronavirus outbreak and massive job losses. Up to 50% of borrowers could default on their mortgage payments, according to industry estimates. Since the stimulus bill signed by President Donald Trump provides relief for homeowners but does not provide
A group of former State Street blockchain builders are now launching their own company – but with distributed ledgers playing only a minor role. “We could have retrofitted Hyperledger or any other blockchain project to do the management of consumers’ personally identifiable information, but it would have just added so much unnecessary burden on the
A new cryptocurrency wallet insurance product from Coincover offers better protection than many existing custodial solutions, the firm says. The Cardiff, U.K.-based risk management provider announced Tuesday that its insurance policy, underwritten by Lloyd’s of London, would now provide Civic wallet users up to $1 million in cover. The insurance is assigned automatically when a
While You’re Under Quarantine, Check These Sites for Remote Crypto Jobs If you are on the lookout for a job in these pressing times, when the coronavirus pandemic has limited public movement and shut down businesses, it’s worth exploring opportunities to work from the relative safety of your home. The number … read more. How
Crypto-literate public accountants are concerned their clients might face Internal Revenue Service (IRS) audits and penalties for underpaying taxes on their crypto holdings, a new survey finds. Cryptocurrency accounting service provider Blox and tax software developer Sovos conducted a survey of roughly 45 Certified Public Accountants (CPAs) familiar with crypto, finding that the majority believe
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The game once known as MLB Crypto is getting a facelift by reducing its dependency on its underlying blockchain, Ethereum. Announced Tuesday, MLB Champions introduced a slew of new features while cutting the game’s in-app minting process for non-fungible tokens (NFTs). The update introduces a range of new gameplay options but also adds more steps
Noelle Acheson is a veteran of company analysis and CoinDesk’s director of research. The opinions expressed in this article are the author’s own and are not investment advice. The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional investment in crypto assets. Sign up for free here. Shuttered shops. Empty streets.
The submission deadline for the Mt. Gox rehabilitation plan has been pushed back again after a draft proposed last week was met with opposition from numerous creditors. In the plan, proposed to Mt. Gox creditors at a March 25 meeting, rehabilitation trustee Nobuaki Kobayashi said he would, if authorized by the court, sell off some
Despite the global coronavirus pandemic, Japan continues to approve more cryptocurrency exchanges to legally operate in the country. The latest one was approved on Monday, bringing the total number of legal crypto exchanges in Japan to 23. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It First Approved Crypto
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SOS 🆘 COSA FARE CON I TUOI INVESTIMENTI? 👉SCOPRI 4YOU: http://bit.ly/33jPcTH 👉SCOPRI IL CORSO It’s Trading Time: https://bit.ly/2U6ipez 👉SCOPRI la TRADINGON ACADEMY: https://bit.ly/2VnP6oo Ciao sono Mauro Caimi, trader e analista quantitativo. Oggi parliamo di Bitcoin e dei mercati delle criptovalute e faremo analisi tecnica e ciclica per il trading di bitcoin. Dopo il ribasso di
Anyone venturing into the digital currency scene understands the significance of performing analyses to evaluate potential gains. Security breaches and hacking are a constant risk when it comes to the realm of cryptocurrencies. Nevertheless, the level of security and protection offered by the trading platform chosen is often overlooked. Consequently, this oversight has so far
Bug bounty platform HackerOne severed ties with Medici Ventures-backed Voatz, the blockchain-based mobile voting app for breach of partnership standards. The removal cuts off Voatz’ access to HackerOne’s network of “ethical hackers” who trade their expertise in finding code faults for cash. HackerOne partners with corporations interested in shoring up potential security vulnerabilities. Across 1,800
After the weekend slump, many cryptocurrencies made strong gains Monday, as did major stock indexes, while the coronavirus continues to wreak havoc on the global economy. Traders weren’t confident the green flashing across all markets would last, however. Bitcoin (BTC) climbed 8 percent and ether (ETH) gained 6 percent. Other notable performers include bitcoin SV
How the once-in-a-generation COVID-19 pandemic is shifting the way we think and talk about different parts of the crypto industry – from bitcoin (BTC) to DeFi to stablecoins. On Jan. 28, Bloomberg’s Joe Weisenthal tweeted, “Notable overlap on here between the most alarmist people tweeting about the virus and those who are obsessed with the
On Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds ($3,200). The CBE cited concerns over the covid-19 outbreak and
Although China remains, by far, the leading region for bitcoin mining, the coronavirus downturn is changing the picture in other geographies. According to Thomas Heller, business director of one of the world’s largest bitcoin mining operations, F2Pool, market dips have made it unprofitable for some bitcoin (BTC) miners with older machines to operate. “We lost
Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help economies out of recession. With the advent of the coronavirus pandemic, Universal Basic Income has suddenly
France’s central bank wants to experiment with integrating digital currencies. On March 27, the Banque de France published a request for proposals for CBDC “experiment” applications. These projects will help France’s central bank understand the risks and mechanisms of CBDCs and also contribute to the eurozone’s digital cash conversation. The call brings France to the
In 44 days, BTC miners will face the third reward halving as the block subsidy will soon shrink from 12.5 to 6.25 coins per block. Following the market carnage in mid-March, BTC’s hashrate plummeted 44% to a 2020 low of 75 exahash per second (EH/s). Since then the hashrate has climbed back above 100EH/s, but
Berlin-based blockchain startup Spherity has developed a decentralized identity prototype that would help people get the medicines they need while maintaining proper social distance. “We see a big opportunity when it comes to social distancing to get decentralized ID out the door,” said Spherity CEO Carsten Stocker. “Humans interact with smartphones, but governments and doctors’
The CEO of Binance says the exchange had no choice but to delist FTX leveraged tokens because users didn’t understand how to trade them and failed to read the warning notices. In a tweet thread Saturday, Changpeng “CZ” Zhao said too many users had suffered significant devaluations and the exchange had decided to remove all
Bitcoin is looking buoyant Monday despite renewed risk aversion in traditional markets. The top cryptocurrency by market value picked up bids near $5,850 during the Asian trading hours and rose around $500 to $6,344 at 07:14 UTC. At press time, the global average price, as calculated by CoinDesk’s Bitcoin Price Index, is seen at $6,290,
The International Monetary Fund (IMF) has declared that we have entered a global recession — one that is as bad as or worse than the previous global financial crisis. 80 countries have already requested emergency assistance from the IMF. Meanwhile, the G20 has reported fiscal measures totaling some 5 trillion dollars or over 6% of
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