Tag: Coronavirus

After Coronavirus ‘War,’ Bretton Woods-Style Shakeup Could Dethrone the Dollar

For governments, fighting the coronavirus pandemic is like fighting a war.  The leaders of Italy, Spain and Germany have used the analogy – along with the CEOs of Bank of America and the U.S. telecommunications giant AT&T – to...

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UK Counties Warn of Bitcoin Scams Using Coronavirus as a Hook

U.K. residents are being warned against scammers claiming to offer information on locals infected with coronavirus for payments in bitcoin (BTC). Local councils from the counties of Pembrokeshire, Manchester and Norfolk have issued warnings to local residents against scams...

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Users See ‘Buying Opportunity’ in Coronavirus Market Downturn, Says Crypto.com

Even as markets were shaken by the rapid spread of the novel coronavirus, exchange and payment provider Crypto.com says interest in cryptocurrencies reached an all-time high. CEO and co-founder Kris Marszalek told CoinDesk that transaction volumes on Crypto.com more...

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Workplace Harassment Suit Against TRON Going to Arbitration

A court has moved two fired Tron Foundation employees’ claims of wrongful termination and workplace harassment to arbitration. On March 12, the San Francisco Superior Court upheld an arbitration agreement the employees signed when they were hired. The defendants...

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ASX’s Long-in-the-Works DLT Plan on Ice Amid Coronavirus Concerns

The Australian Securities Exchange (ASX) has postponed the launch of its long-awaited distributed ledger technology (DLT) trading system due to “uncertainty” prompted by the coronavirus outbreak. The Sydney-based stock exchange paused the launch plans for its new DLT-based system...

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8 US States Follow DHS in Naming ‘Blockchain Managers’ as Essential Employees in Coronavirus Crisis

A growing chorus of U.S. states have directed “blockchain managers” in food and agriculture to keep working through their states’ respective COVID-19 shutdowns. The governors of Michigan, Massachusetts, Delaware, Ohio, Louisiana, California, Indiana and Washington state had all issued...

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‘Digital Dollar’ Stripped From Latest US Coronavirus Relief Bill

Mentions of a “digital dollar” in a coronavirus-related relief bill before the U.S. House of Representatives – one of the two chambers of Congress – have been scrubbed. The lawmakers introduced the bill last week, envisioning a digital payment...

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