crypto against covid
Binance Launches 'Crypto Against COVID' Charity Project To Fight Global Pandemic
On March 25, 2020, Binance in its blog post announced the launch of its new fundraising project titled 'Crypto Against COVID' which aims to raise $5 million in cryptocurrencies which will be used to buy medical equipment for the countries worst affected by Coronavirus.
Bitcoin Price and Altcoins Spike On News of President Trump’s Recovery Against COVID-19
Bitcoin and altcoins have enjoyed a brief price surge on the back of news that President Trump could be discharged from hospital after his bout with COVID-19.
Argentina Believes in Bitcoin and Cryptocurrency as Most Effective Hedge Against Inflation, Paxful Survey
Over 70% of Argentines see cryptocurrency, particularly Bitcoin as the most effective way to hedge against inflation and store financial value
California Governor Gavin Newsom Warns Bitcoin Scams are Targeting Public In COVID-19 Market
In his official address, Gavin Newsom California governor cautioned the public against individuals asking for advance payment in Bitcoin with the promise of delivering essential commodities.
Japanese Crypto Trading Activity Fell as COVID-19 Pandemic Hit in March
The Japan Virtual and Crypto assets Exchange Association has reported that during the COVID-19 pandemic there has been a decline in active crypto-trading in Japan.
Ripple Files Lawsuit Against YouTube Over Cryptocurrency Investment Scam
Ripple crypto firm has hit YouTube with a lawsuit accusing the streaming platform of failing to take action against crypto scams that impersonate the cryptocurrency company.
Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why
According to Bloomberg's report on Thursday, billionaire hedge fund manager Paul Tudor Jones is buying Bitcoin to hedge against inflation as central banks across the world print money to relieve economies affected by coronavirus pandemic. Tudor is one of Wall Street’s most seasoned and successful hedge fund managers. He is the CEO and founder of Tudor Investment Corp, which is a hedge fund company that managed $8.4 billion as of March 30, based on data from the SEC (Securities and Exchange Commission).
Texas Man Charged for Using COVID-19 Small Business Relief Funds to Buy Crypto
Texas resident Joshua Thomas Argires has been charged for investing COVID-19 relief funds in cryptocurrencies
Thai Regulator Warns Against Unlicensed Crypto Firms as Cryptocurrency Trading Ramps Up
As cryptocurrency trading ramps up in the region, the Securities and Exchange Commission of Thailand (SEC) warns investors against unregulated crypto players.
Crypto Trading in India Soared by 400% During COVID-19 Lockdown
With the ongoing COVID-19 pandemic, India’s cryptocurrency trading industry has seen an increase of 400 percent over the last few months.
New York Files Lawsuit Against Coinseed Crypto Platform for Allegedly Defrauding Thousands of Investors
New York State Attorney General, Letitia James, has filed a class-action lawsuit against Coinseed crypto platform and the company’s executives for defrauding investors more than $1 million to enrich themselves between 2017 and 2018.
Chamath Palihapitiya Sees Bitcoin as a Hedge Against Economic Uncertainty
Chamath Palihapitiya, the founder and CEO of Social Capital, reveals that Bitcoin acts as a hedge against global uncertainty caused by the pandemic.