coronavirus News and Articles

More than 50 Revolut fintech startup employees have lost their jobs. The company invited them to either write a letter of resignation by agreement of the parties with the payment of a small compensation or to be dismissed for unsatisfactory work, reports Wired. Layoffs affected Revolut employees...

Japanese media holding Media Do Holdings will direct $2.8 million to create a distributed registry. This need is due to the growing demand for e-books during the coronavirus pandemic. The plans of the company are reported by Nikkei. The holding will begin developing its own distributed registry at...

Investors expect an exacerbation of the trade war between China and the United States over the coronavirus. This could affect the price of bitcoin, which previously fell below $9,000. It is reported by Bitcoinist. The day before, bitcoin reached $9203, but subsequently, its market value fell to...

Representatives of the "Crypto Valley" of the Swiss Zug are negotiating with the authorities on the creation of a special fund of 100 million francs (about $102 million) to help startups affected by the crisis against the backdrop of coronavirus. It is reported by Bloomberg with reference...

Melissa Netram, head of the research division of the Commodity Futures Trading Commission (CFTC), predicts an acceleration of the transition to a qualitatively new financial infrastructure. The structure of the global economy is changing. For some areas, the crisis will deal a crushing blow, but...

Amid the COVID-19 pandemic, Microsoft decided to help hospitals and protect them from extortion attacks. Microsoft has identified dozens of healthcare facilities with vulnerable VPNs and other publicly accessible gateway applications. The company explained: “When organizations switched to remote...

Researchers at the BIS are convinced that the coronavirus pandemic will accelerate the spread of online payments and update issues related to national digital currencies. A new BIS report states that COVID-19 is changing the general public's attitude toward cash, even though the prevailing opinion...

Bitcoin Depot, the largest Bitcoin ATM operator in the US, disables some of them to prevent the spread of the COVID-19 epidemic. First of all, this applies to devices installed in places with high traffic to help to distance people in an epidemic. According to the company, about 10% of its ATMs...

A sharp drop in the price of Bitcoin against the backdrop of global panic due to coronavirus has reduced activity in the darknet markets. This is stated in the report of the analytical startup Chainalysis. According to researchers, the fall in the price of BTC had a different effect on various...

The vast majority of assets have shown a significant drop since the onset of the massive coronavirus pandemic. Bitcoin and Ethereum were among the outsiders, said Larry Cermak, an analyst of The Block. S&P 500 is down 25% since the peak but what about all the other indices, sectors and...

Riot Blockchain, an American mining company, is experiencing “serious disruptions” in bitcoin mining operations due to the COVID-19 pandemic. Information about the risk was mentioned in the annual report for the SEC. Unlike the previous year, the “General Risks” section of the report...

Well-known trader and analyst Peter Brandt believes that the global crisis caused by the coronavirus pandemic is crucial for Bitcoin and the cryptocurrency industry as a whole. For BTC, this is the perfect storm.If Bitcoin cannot rally on this, then crypto is in BIG trouble.— Peter Brandt...

The Democrats bill on supporting the economy in the context of the coronavirus pandemic involves the creation of a digital version of the dollar and wallet to provide incentive payments. About it writes The Block. The current version of the bill has not yet been published and will undergo further...

Ethereum mining company, CoreWeave, will allocate 6,000 video cards for coronavirus research. This was reported by CoinDesk. Capacities will be provided by Stanford University's initiative Folding@home. On February 27, the organization published a coronavirus research project using a unique...

Unknown persons under the guise of the Solidarity Fund of the WHO are collecting donations in Bitcoins, allegedly to fight against coronavirus. Sophos security researcher Chester Wisniewski posted a screenshot of the attacker's email. In their message, the scammers claim the funds will go to study...

Specialists at the BitMEX crypto-derivative exchange research unit have analyzed the impact of the coronavirus pandemic on financial markets. Analysts say the market’s response to the virus will mark a significant change in the economic structure. The study said that ultimately, with this new...

Video card and chip maker Nvidia has urged users to provide computing power to tackle the coronavirus pandemic. PC Gamers, let’s put those GPUs to work. Join us and our friends at @OfficialPCMR in supporting folding@home and donating unused GPU computing power to fight against COVID-19! Learn...

Attackers use panic because of the coronavirus pandemic (COVID-19) to spread cryptocurrency ransomware applications. Previously, under the pretense of a COVID-19 tracker, cybercriminals distributed desktop versions of the software. Now, similar programs are downloaded by many users of Android...