Traders Flock to Tether, USDC, PAX – Stablecoins See Great Demand After Crypto Market Havoc
Stablecoins have seen massive volume and growth this month especially after the market carnage on March 12. Per usual, tether has been the king of stablecoins following the market downturn, but the 4.6 billion USDT wasn’t enough for all the liquidity needed to shield the storm. Other tokens pegged to the U.S. dollar like USDC, TUSD, and PAX have reaped the benefits as well and a few of them have joined the top trading pairs with...
Bitcoin Cash IFP Debate: ABC Kicks Off Fundraiser, 3 Mining Pools Signal BCHN Support
During the first week of March, there were prominent discussions concerning the recently announced infrastructure funding proposal (IFP). However, a number of crypto participants are focused on the market carnage and the possibility of a global recession. After the new full node project published plans for the upcoming upgrade, Btc.top founder Jiang Zhuoer revealed his hashrate would vote against the proposal. Two days later, the full...
Bitcoin Cash Meetups Go Virtual in Japan to Combat Virus, Allowing Members to Choose
Due to the spread of the COVID-19 virus, BCH meetup groups in Tokyo and Osaka, Japan, have announced they will be offering a virtual option for those wishing to avoid crowded places and to participate digitally, while still supporting merchants. In Tokyo, physical venues will still be independently booked for those opting to meet face-to-face, allowing bitcoiners to choose their own experience. News.Bitcoin.com asked organizers some...
US State Wants to Legally Seize Unclaimed Cryptocurrencies Left at Custodians
The U.S. state of Illinois has advanced a bill to consider unclaimed cryptocurrencies at custodians abandoned after five years. The coins will then be liquidated and the proceeds remitted to the State Treasurer. The cryptocurrency owners will have no recourse against the custodians or the state. Also read: US Lawmaker Introduces Crypto-Currency Act of 2020 While Under Coronavirus Quarantine Crypto Considered Abandoned if Unclaimed for...
These Online Stores Will Sell You Masks, Gloves, Emergency Items for Cryptocurrency
Events like the global coronavirus outbreak provide good justification for some prepping. Crises like this often result in shortages and skyrocketing prices of important emergency items, proving that everyone should keep a box of face masks and even a decent survival kit, should things go really bad. The pandemic scare affected crypto holders this week leading to a massive sell-off. But even in these circumstances, there are more...
