How Cointelegraph Team Is Coping With the Coronavirus Crisis All Over the World

The Cointelegraph team talks about their experiences in handling the coronavirus pandemic. The coronavirus pandemic has been changing the global economy, our lifestyle, our ways of interacting with each other and our vision of the future. The Cointelegraph team keeps working from home offices, and all the events we planned to participate in have been canceled. But there is still a lot that is happening in the crypto and blockchain field that needs to be covered, so the work keeps us occupied, and that helps us keep our spirits up.…

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Streamr to Offer Binance’s Real-Time Trade Feeds on Marketplace

Binance’s real-time trades feed and quotes data will now be available on Streamr’s marketplace. Open-source blockchain infrastructure Streamr announced on April 7 a new integration with cryptocurrency exchange Binance, in which Streamr will offer the exchange’s real-time trade feeds on its marketplace. From now on, Binance’s real-time trades and quotes data for all asset pairs will be available on Streamr, with the aim of targeting algorithmic traders. According to Streamr, traders will now be able to obtain sentiment data and data from other markets via a single technical integration. Motivations behind…

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Weeks After Bitcoin’s Record Deleveraging, Bithumb Launches 5x Margin Trading

Bithumb Global has announced support for up to 5x leverage trading for BTC/USDT and ETH/USDT citing a surge in customer demand. Major South Korean exchange Bithumb has launched leverage trading for Bitcoin (BTC) and Ether (ETH) on its global platform. While the exchange states that the move is in response to “a surge in demand in crypto services,” Bithumb Global’s introduction of margin comes just weeks after the largest deleverage event in the history of Bitcoin. March 13 crypto crash drives largest deleveraging in history of crypto Bithumb’s introduction of…

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Paxful Launches Peer-to-Peer Trading Between Gold and Bitcoin

P2P crypto exchange Paxful has launched support for trade between Bitcoin and gold. Peer-to-peer (P2P) cryptocurrency marketplace Paxful announced the introduction of support for trade between gold and Bitcoin (BTC) on the platform on April 7. With the announcement, Paxful now facilitates physical trading in 16 different countries. Cointelegraph spoke to Paxful CEO and Founder Ray Youssef, who attributed the decision to support gold to “surprisingly high” customer demand. When a trade is entered, the Bitcoin will remain in Paxful’s escrow until the physical delivery of the gold is confirmed.…

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Why Crypto Liquidations Protect Us All

The lack of institutionalization within the crypto space is the main obstacle for its further development and mass adoption. If the current COVID-19 pandemic has exemplified one thing, it is that our individual actions have consequences for all of us. Unfortunately, human nature propels the majority of humankind to put its individual interests first, and it takes a truly severe crisis to open our eyes to the interconnectedness of our actions. It is through assessment of real-life stress tests that the blockchain industry’s collective immune system develops the necessary resilience,…

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Crypto Miner Bitfarms Cuts Costs and Reduces Staff Due to COVID-19 Crisis

Canadian miner Bitfarms is temporarily reducing staff to help mitigate the spread of COVID-19 and weather the economic crisis. Publicly-listed Canadian mining and blockchain infrastructure firm Bitfarms is temporarily reducing staff, citing the economic and social toll of the COVID-19 pandemic.  In an update published on April 6, the company revealed it had succeeded in maintaining an average daily hashrate of approximately 750 PH since March 19 by optimizing its operations in order to maximize its computing power. This, according to Bitfarms, has meant that the firm has managed “to…

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Max Keiser: Selling Bitcoin Now for ‘Fiat Debt-Coupons’ Is a Crime

Coronavirus will subside but give governments carte blanche to control money and people who have no choice but to use it, warns Simon Dixon. Bitcoin (BTC) will be the only exit from the “global reset” of finance which will allow central banks to even destroy the banking system itself. That was just one conclusion from Simon Dixon, CEO of cryptocurrency funding platform BnkToTheFuture, in the latest episode of financial news program the Keiser Report on April 7.  Dixon: “World’s largest regulated Ponzi scheme” is dying Discussing the global coronavirus epidemic…

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Cryptocurrency Exchange OKEx Tackles Small Balances With New Offering

Cryptocurrency exchange OKEx announced a new feature that allows its users to convert small balances to the firm’s proprietary token OKB. Cryptocurrency exchange OKEx announced a new feature that allows its users to convert small balances to the firm’s proprietary token OKB. OKEx announced on April 7 that the new product allows its user to convert all the crypto asset balances worth less than 0.001 Bitcoin (BTC) ($7.38 at press time) into OKB. The upper limit for conversion value is 0.01 BTC ($73.84 at press time), there is no limit…

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Microsoft Helps Hospitals Fight Ransomware Amid Coronavirus Pandemic

Microsoft is devoting resources to identifying ransomware vulnerabilities in the IT systems of hospitals to help in the fight against coronavirus. Global computing conglomerate Microsoft is notifying hospitals that are vulnerable to ransomware attacks to help prevent healthcare institutions from becoming overwhelmed amid the COVID-19 pandemic. The firm also published recommendations to hospitals for securing their systems and preventing ransomware attacks on April 1. Through the company’s network of threat intelligence analysts, Microsoft states that it “identified several dozens of hospitals” with vulnerable virtual private networks and other public-facing gateway…

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CargoSmart, Tesla and Cosco to Pilot Blockchain Tech in Cargo Release Process

CargoSmart’s and Tesla are testing a new blockchain application to streamline the cargo release process. CargoSmart, the software wing of the Hong Kong-based Orient Overseas Container Line, aims to transform the cargo release process using its new blockchain application. According to a report published by Splash 247 on April 7, CargoSmart partnered with Cosco,  Shanghai International Port Group (SIPG), and the electric vehicle and clean energy behemoth Tesla to conduct a pilot project for the application. Digitizing the shipping industry The traditional documentation processes of the shipping industry are cost…

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