📈MarketCap: $153 B
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📍24h Vol %: -6.69%
💲24h Vol: $106 B
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1. Coinbase CEO Says People Are Turning Away From Centralized Media
Crypto Exchange Coinbase co-founder and CEO Brian Armstrong says people are turning to new sources for factual information on the internet. The process is a move toward information decentralization and away from centralized media, a trend that parallels the emergence of decentralized platforms that are not controlled by a central government, institution or authority. Citing an article from Stratechery, Armstrong points out that traditional media is being disrupted because it’s no longer trusted. Read Full on twitter.
2. Italian Red Cross Launches Bitcoin Fundraiser to Combat Coronavirus
The Italian Red Cross and the Colli Albani Committee are raising donations Bitcoin and other cryptocurrencies to fight the country's coronavirus pandemic with the support of Helperbit. Proceeds from the campaign will reportedly be used to set up a second-level advanced medical post for pre-triage of COVID-19 cases in the country, and it is expected to reach a goal of €10,000 to buy the necessary medical equipment for the infrastructure. The remaining funds will be used to cover the fees of the medical staff that will be involved in the project. Read Full on Cointelegraph.
3. Tyler Winklevoss: Bitcoin Will Emerge Stronger Than Ever Before
Despite the recent days of despair in the crypto community because of Bitcoin’s massive plunge, The Winklevoss twin, Tyler Winklevoss believes that Bitcoin will emerge from this current calamity stronger than ever. He outlined that Bitcoin has already overcome lots of adversities, and it’s too early to outcast it. He pointed out, the Bitcoin idea was invented following the recent global financial crisis of 2008 and since it has already weathered much to be here, and it seems unlikely to give up anytime soon. Read Full on twitter.
4. Whale Transfers Bitcoin Worth $10 Million to Bitstamp; Dump Incoming?
Bitcoins worth $10 million dollars have been transferred to the cryptocurrency exchange Bitstamp from an unknown wallet address. Just two days after Bitcoin’s biggest crash in over 10 months, falling from a value of around $7200 per BTC to under $5500 where it currently resides, a huge transfer of the cryptocurrency has taken place . According to whale-alert.io’s Twitter update: 2,000 BTC worth $10,601,299 were transferred from an unknown address to the cryptocurrency exchange Bitstamp. Read Full on Bitcoinist.com.
5. Corona Hits Ethereum Community Conference, Attendies Tested Positive
Users are reporting that they are testing positive for COVID-19 after attending the Ethereum Community Conference. The conference, held in Paris between March 3 through March 5, had a sizable crowd in attendance. Those with symptoms are advised to self-isolate and get themselves tested. So far, at least six people have contracted the novel coronavirus while at the Ethereum Community Conference in Paris earlier this month. Read Full on Twitter @Oskarth.
6. Binance to Launch Fiat Support in South Africa
Binance CEO Changpeng Zhao has announced that South African traders would soon be able to make Rand deposits on the platform through the Binance website. Users will have access to initial trading pairs including BTC/ZAR, BNB/ZAR, ETH/ZAR, USDT/ZAR and BUSD/ZAR. Binance South Africa country manager, Tanya Knowles also announced that the Binance Charity Foundation would be donating $1M to support the growth and development of blockchain education in South Africa. Read Full on Cointelegraph.
7. Georgia to track, verify educational credentials via blockchain
Georgia has become the first-ever country to promote the use of Cardano-backed blockchain technology for storing, tracking and verifying educational credentials by leveraging blockchain technology in public services. Blockchain research and development firm IOHK, spearheaded by Charles Hoskinson is helping Georgia build a next-generation credential verification system in the education field. As believed, the system would bring legitimacy and convenience to the education and human resources industry. Read Full on agenda.
8. Circle CEO: Global Pandemic Is Proving Ground for Stablecoins,
In recent weeks, an increasing coronavirus-induced panic has taken its toll on markets around the world. However, stablecoin projects with their pegs to less volatile currencies – like the US dollar – have seen renewed investor interest during the recent market turmoil. Circle and Coinbase project USDC also experienced market cap gains. Circle CEO Jeremy Allaire says USDC Surging in market demand over the past days, has reached new ATH at $568m in circulation and such increases in demand is encouraging for the industry. Read Full on twitter.