coronavirus

How Blockchain Tech Can Make Coronavirus Relief More Effective

Stephanie Hurder, a CoinDesk columnist, is a founding economist at Prysm Group, an economic advisory focused on the implementation of emerging technologies, and an academic contributor to the World Economic Forum. She has a PhD in Business Economics from Harvard.  As COVID-19 forces the United States economy into a recession, millions of families have been devastated …

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John McAfee Offers $500 in ETH-based DAI for Corona Apocalypse Pics

Famed altcoin advocate, John McAfee, has put up a $500 reward in the Ethereum based stablecoin, DAI, for the best original photo taken in the midst of the coronavirus lockdown. The sea-bound computer programmer asked for pictures of vacant highways and cities from people who are still able to leave their homes for essential supplies …

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Homeowners Can’t Pay: US Lenders Prepare for Catastrophic Real Estate Market

</header> <strong>The coronavirus has managed to seep into every facet of the global economy and it seems nothing will escape its financial wrath. During the last two weeks as unemployment levels have skyrocketed in the U.S.; analysts, economists, and wealth managers have been warning about another subprime mortgage crisis. Most of these observers believe there’s …

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Lyft will provide free scooter rides to critical workers

Sponsored Links Simone Hogan via Getty Images Last week, Lyft announced that it would provide free bike rides for healthcare workers in New York City, Chicago, the Bay Area and Boston who are helping to keep the public safe during the coronavirus pandemic. The company is expanding its efforts to help front-line employees get to …

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Google’s COVID-19 reports show where people are obeying stay-at-home orders

Sponsored Links Google Google has unveiled the COVID-19 Community Mobility Reports in an effort to help public health officials understand how people are moving about in response to the coronavirus pandemic. The reports show location data from folks who have agreed to share their location history with Google in order to show places that are …

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Ripple Co-Founder Chris Larsen Makes Full Recovery From COVID-19

Ripple co-founder and executive chairman Chris Larsen has made a full recovery from COVID-19. In a tweet on April 2, he thanked those working on the frontline against the virus, and also called for recovered patients to donate blood for use in antibody transplants. Larsen had not publicly shared the fact that he had been …

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Russian Official: Cryptocurrency Bill Completed — Effects on Payments, Exchanges, Miners

</header> <strong>The chairman of the Russian State Duma Committee on Financial Markets has confirmed that the bill which provides the regulatory framework for cryptocurrencies in Russia has been completed. The official explained key features of the bill, including how cryptocurrency exchanges and miners will be regulated. However, the bill’s adoption has been delayed due to …

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Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency Spending

</header> <strong>A lot has changed since the coronavirus pandemic swept the globe as it has caused a wide range of negative effects on the world’s economy. On March 30, the blockchain surveillance firm Chainalysis published a report that shows how the cryptoconomy is faring from merchant acceptance to gambling, and darknet purchases as well. The …

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The auto industry reports Q1 sales, and they’re really, really bad

Enlarge / Now might be a great time to buy a car, if you need one and still have a job. Patrick T. Fallon/Bloomberg via Getty Images On Wednesday, the auto industry started reporting its sales results for the first quarter of 2020. The industry’s prospects weren’t looking amazing even before the worst disease pandemic …

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Crypto Wants Stronger Public Response to Coronavirus, CoinDesk Survey Shows

In times of crisis, people look to their government – or, at least, they want to.  They may not have actual faith in the state’s capacity against a pandemic. But many of us want to believe there’s someone with a higher plan.  Coronavirus is a test of our faith and trust in government. Can we …

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