In Kaliningrad, Russia, criminals kidnapped a man in broad daylight to get their hands on his cryptocurrency holdings. In the process, they beated something like $523,000 in cryptocurrency out of him. Literally.
More than 69% of banking institutions in EMEA (Europe, Middle East and Africa) could miss opportunities in the financial market over the next 24 months if they do not embrace digital transformation. Currently, only 19% of them are making efforts to keep up with technological advances.
Ripple, a rather controversial cryptocurrency whose legitimacy was questioned in late 2020, has exceeded a $63 billion market cap for the first time since January 15, 2018, getting closer to overturning Binance Coin (BNB).
Blockchain technology has been utilized in saving the lives of people affected by the Covid-19 pandemic for a long time. Now, the distributed ledger technology (DLT) is to be exploited to expedite disaster relief to affected regions if 10 designated volcanoes explode.
As the contour of 2020 and the first quarter (Q1) of 2021 has been progressively defined by the Covid-19 pandemic, digitalization has been like a vessel laden with technology that has an enormous capacity for stirring up mankind's prevent against contagious disease.
During the Covid-19 pandemic where congregating is a very big risk to our health, cryptocurrency has become a godsend to gamblers because it provides the unmatched social distancing required in the fight against coronavirus.
Numerous countries and health organizations around the world have been researching all possible ways of preventing the spread of COVID-19. Among other means is switching all possible activity including payment to the online mode.
Scientists globally are now innovating new technologies and drugs that can help in the fight against Covid-19 virus. Now Blockchain and decentralized ledger technology (DLT) can be used to prevent the spread of Coronavirus.