Freebitco.in Gaming Site Launches Covid-19 Relief Fund – Donating 20% House Edge to Healthcare Efforts

The owners of the website Freebitco.in have announced a coronavirus relief fund following the myriad of other crypto companies donating funds to help fight the covid-19 pandemic. Freebitco.in is an extremely popular gaming website that saw more than 40 million visitors last month in web traffic and the site ranks #2,379 globally according to Alexa ratings. The website is donating 20% of the house edge to an organization that will be coordinating with public health authorities in order to provide protective equipment. Also read: Coronavirus Relief: Cryptocurrency Aid Programs Launched…

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Evidence Shows Politicians and Wall Street CEOs Expected the Market Crash Well Before Covid-19

The coronavirus outbreak has sent shockwaves through the world’s economy and this has caused politicians and central bankers to react in various ways. However, global market leaders, Wall Street CEOs and hedge fund managers had one of the best years in more than a decade since the 2008 financial crisis. In fact, evidence shows that the bureaucracy and the modern banking cartel knew a crash was on the horizon, as the covid-19 crisis was simply the pin that popped the balloon. Also read: IMF Declares Global Recession, 80 Countries Request…

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Malaysia Becomes the Next Country to Approve Cryptocurrency Exchange Amid Covid-19 Crisis

Malaysia’s Securities Commission has given full approval to a cryptocurrency exchange operator to legally operate in the country despite the nationwide lockdown due to the coronavirus pandemic. Recently, Japan also approved a new cryptocurrency exchange as the country continues to fight the covid-19 outbreak. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Crypto Exchange Receives Full Approval During Lockdown Suruhanjaya Sekuriti Malaysia, the Securities Commission Malaysia (SC), has approved a cryptocurrency exchange despite the current coronavirus pandemic crisis the country is facing. The nationwide…

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Pandemic Assistance: Maduro to Airdrop Cryptocurrency to All Doctors in Venezuela

Venezuela’s President Nicolas Maduro has announced that he is airdropping cryptocurrency to every doctor in his country as a token of appreciation for their work to combat the coronavirus outbreak. The national cryptocurrency, the petro, will be distributed via the Homeland card (Carnet de la Patria). Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Petro Airdrop to All Venezuelan Doctors The president of Venezuela, Nicolas Maduro, is airdropping the country’s cryptocurrency, the petro (PTR), to all doctors in Venezuela as a special bonus for…

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The Bitcoin Cash Halving Countdown – 50% Less Block Reward in 4 Days

The Bitcoin Cash (BCH) network will face a halving in four days and many BCH proponents are getting ready for the big day. Unfortunately, the covid-19 outbreak has overshadowed the halving and BCH has dropped in value by roughly 30% since the end of February. Also Read: Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference Bitcoin Cash Will Experience a Halving in 4 Days – Block Rewards to Drop by 50% BCH supporters are getting ready for the big halving day, at least the best…

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Gold Investors Are Terrified Central Banks Might Dump Bullion During the Economic Crisis

Despite what gold bug Peter Schiff says, economists are uncertain that gold will shine during the current coronavirus crisis. While gold and other precious metals have seen decent gains in the last few weeks, a few investors are terrified that central banks will use their flight-to-safety assets in order to save their economies. Data shows that the U.S. owns the biggest stockpile of gold reserves and the Federal Reserve could very well unload the bullion in times of extreme financial stress. Also read: Homeowners Can’t Pay: US Lenders Prepare for…

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

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 no doubt the real estate market will collapse again, as economists understand that the loss of jobs, wages, and severe reduction of business activity has devastated the American economy. Also read: US Real Estate in Jeopardy…

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Nationwide Lockdown: Indian Cryptocurrency Exchanges See Signups and Trade Volumes Increase

India is currently under a nationwide lockdown due to the coronavirus outbreak. News.Bitcoin.com talked to executives of local cryptocurrency exchanges to find out the impact of the lockdown on cryptocurrency trading. They revealed that more people are actually trading cryptocurrencies on their platforms since the lockdown began. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed More People Trading Cryptos Since the Lockdown The Indian crypto community has been rebuilding ever since the supreme court lifted the RBI ban. Then, in response to the covid-19…

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

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 the coronavirus pandemic. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Work on Russia’s Cryptocurrency Regulation Completed Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets, has confirmed…

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Cointext Cofounder Unveils BFP Encrypt – Send Encrypted Data to Bitcoin Cash Addresses

Vin Armani, the cofounder of Cointext, has announced the launch of a Javascript library that allows people to send encrypted data to addresses on the Bitcoin Cash (BCH) network. A BCH private key can decrypt the data, and when Armani released the Javascript package, the developer stressed that he felt “a sense of urgency” to get this tool into the hands of the public. Also read: Tiger King’s Archnemesis Big Cat Rescue Accepts Bitcoin BFP Encrypt We currently live in a world with overreaching governments and the covid-19 crisis has…

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