US Congressmen Urge Trump to Implement Blockchain Technology for COVID-19 Relief

Nine members of the US Congress advocated for the benefits of leveraging blockchain technology to counter the crisis brought upon by COVID-19. The letter was drafted by the Congressional Blockchain Caucus and led by the four co-chairs Tom Emmer, Bill Foster, David Schweikert, and Darren Soto. They addressed the letter to US President Donald Trump and federal regulators, urging them to consider blockchain technology as a viable strategy … Continue reading US Congressmen Urge Trump to Implement Blockchain Technology for COVID-19 Relief

How Crypto is Helping a Globally-Recognised NGO with Their Covid-19 Response

The Covid-19 pandemic has taken its toll on the world, causing almost half-a-million deaths, illnesses, and economic downturns. The World Bank argues that the deadly virus could push up to 60 million people into extreme poverty, wiping out the progress made in this area in the past three years. In a recent report, the financial … Continue reading How Crypto is Helping a Globally-Recognised NGO with Their Covid-19 Response

Australian Federal Agency Ex-Employee Evades Prison Despite Illegally Mining Ether and Monero on Supercomputers

A former employee of an Australian federal agency avoided prison despite mining cryptocurrency on government supercomputers. Former CSIRO contractor illegally mines crypto Jonathan Khoo, a former 34-year-old  contractor for the Commonwealth Scientific and Industrial Research Organisation (CSIRO), was alleged to have used the supercomputers at work in order to mine Ether (ETH) and Monero (XMR). … Continue reading Australian Federal Agency Ex-Employee Evades Prison Despite Illegally Mining Ether and Monero on Supercomputers

Member of Dark Overlord Crypto Hacking Group Pleads Guilty to Ransom Attacks

UK national Nathan Wyatt was found guilty of multiple charges this week after extracting personal information from victims, demanding payment in Bitcoin as a ransom to prevent Wyatt from exploiting sensitive data obtained by illicit means. Wyatt, a member of the notorious Bitcoin ransom group “The Dark Overlord”, was found guilty of multiple charges this … Continue reading Member of Dark Overlord Crypto Hacking Group Pleads Guilty to Ransom Attacks

Here's How the Stock Market and the Bitcoin Price Responded as US President Donald Trump Has COVID

Months into the global pandemic stirred by the notorious COVID-19 disease, the United States President Donald J Trump, and First Lady Melania Trump have both tested positive for COVID-19. Per a report from international news media CNN, the COVID-19 diagnosis of President Trump is arguably the most serious known health threat to a sitting American … Continue reading Here's How the Stock Market and the Bitcoin Price Responded as US President Donald Trump Has COVID

South Korean Hospitals to Usher in New Healthcare Era Using Blockchain Technology, AI and Big Data

South Korean hospitals intend to set the ball rolling in ushering in a new healthcare era using industry 4.0 technology like blockchain, artificial intelligence (AI), and big data. Leading the charge in to emerging technologies is Yonsei Medical Center, one of the most prestigious hospital groups in the nation, as it aims to foster an … Continue reading South Korean Hospitals to Usher in New Healthcare Era Using Blockchain Technology, AI and Big Data

Chinese President Xi Jinping: Participate in Making Digital Currency and Digital Tax's International Rule Actively

Updated 31 October 2020 12:06 pm UTC China’s President Xi Jinping will publish an article on November 1 outlining the President’s strategy for China’s growth through the COVID-19 pandemic and highlights fostering a digital economy and digital currency. China’s General Secretary of the CPC Central Committee, President, and Chairman of the Central Military Commission Xi Jinping … Continue reading Chinese President Xi Jinping: Participate in Making Digital Currency and Digital Tax's International Rule Actively

What Can You Buy With Bitcoin?

Bitcoin (BTC) has been on a price surge lately, surpassing the $16,000 resistance for the first time since 2017, but as the crypto’s value increases many are asking the question—what can you buy with Bitcoin? Since Laszlo Hanyecz, aka ‘Bitcoin Pizza Guy,’ traded his 10,000 BTC for two large Papa John’s Pizzas with eighteen-year-old Jeremy … Continue reading What Can You Buy With Bitcoin?

US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela

Venezuela’s opposition leader, who exiled in Spain, has partnered with US-based cryptocurrency companies AirTM and Circle to facilitate the distribution of funds to healthcare workers in the country on the northern coast of South America.   Circle CEO, Jeremy Allaire, stated that the partnership involved “a collaboration with the Bolivarian Republic of Venezuela, led by President-elect … Continue reading US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela

South Korea to Introduce Blockchain-Powered COVID-19 “Vaccine Passports”

In order to revive cross-border travel and keep infection risks under control, the South Korean government seeks to issue blockchain-enabled COVID-19 “vaccine passports” to immunized citizens.  Rolling out a blockchain-based application The South Korean administration plans to issue a digital certification system powered by blockchain technology to verify an individual’s coronavirus vaccination status using a … Continue reading South Korea to Introduce Blockchain-Powered COVID-19 “Vaccine Passports”

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