World Health Organization launches blockchain platform to fight COVID-19...
One week in review:
Mar. 23–29 We've selected the hottest materials of the past week for you to stay up to date with the latest crypto news: | | #1. Vitalik Buterin proposes solution to "embarrassing" lack of Bitcoin–Ethereum bridge | | | Ethereum Co-Founder Vitalik Buterin has described the lack of easy movement between the Ethereum and Bitcoin networks as "embarrassing" — and is calling for a decentralized exchange to act as a trustless bridge between the two networks. The programmer also revealed that he has held talks with Electric Coin Company CEO Zooko Wilcox-O'Hearn about creating a DEX bridge from ETH to the privacy coin Zcash. | | #2. World Health Organization launches blockchain platform to fight COVID-19 | | | Could blockchain technology help slow the spread of the coronavirus? The World Health Organization hopes so. It is partnering with major blockchain and tech companies to launch a DLT-based platform that enables data to be shared more easily. Built on top of Hyperledger Fabric in conjunction with the likes of IBM, Oracle and Microsoft, it aims to facilitate "fully private information sharing between individuals, state authorities and health institutions." | | #3. Battle for the digital dollar in America's coronavirus stimulus bill | | | This week, the biggest financial stimulus package in the United States's history was signed into law by President Donald Trump. Worth $2 trillion, it's hoped the drastic measures will help firms and consumers weather the impact of the coronavirus crisis. One draft version of the bill included the requirement to develop a digital dollar, meaning all those entitled to financial aid would receive it in a free bank account. Alas, all mention of digital dollars was later erased from a later iteration of the legislation. | | #4. Prediction of the Week As Trump talks trillions, Binance CEO predicts $2 trillion Bitcoin market cap | | | Many were shocked at the scale of the U.S. stimulus package in light of the coronavirus. The Federal Reserve has started churning out fiat money to prevent a deeper financial crash — and has even suggested it could print an infinite amount of cash. Binance CEO Changpeng Zhao has predicted that this could be good news for Bitcoin. He tweeted that a BTC price of $100,000 is "not such a hard to imagine number now," adding that this would achieve a "modest" market capitalization of $2 trillion. | | #5. FUD of the Week Billionaire demands Facebook reveal who placed scam Bitcoin ads about him | | | The billionaire ex-husband of Janet Jackson has demanded that Facebook reveals who was behind ads on the platform that used his image to promote a Bitcoin scam. Wissam Al Mana alleges that a cryptocurrency firm called "Bitcoin Trader" used his name to promote itself in the Middle East. Facebook has deleted the offending ads, but Al Mana fears fraudsters could publish similar ads in the future. His lawyers now want the social media giant to unmask the ad's publishers — and share their names, addresses, contact details and payment methods. | | #6. FUD of the Week California governor namedrops Bitcoin in speech about "extraordinarily bad people" | | | Gavin Newsom has warned the public to be vigilant against Bitcoin fraudsters during the coronavirus pandemic — namedropping the cryptocurrency in a speech about "extraordinarily bad people, who do extraordinarily bad things." He's not alone. The U.S. Commodity Futures Trading Commission has warned scammers are likely to use the coronavirus to add credibility to their scams or manipulate emotions. Some online perpetrators have even been impersonating the World Health Organization in an attempt to steal cryptocurrency donations intended to fight the pandemic. | | Feel free to explore the most important news with Hodler's Digest by Thomas Simms:
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