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World Economic Forum Looks to Blockchain to Restart Global Economy

The World Economic Forum published a report looking at how the deployment of blockchain-based solutions can address the supply chain inefficiencies and failures that have been exposed by the COVID-19 pandemic.Alongside the report, the WEF has released a blockchain deployment toolkit intended to assist government and businesses in adapting their

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Bittrex Global Extends Visa Credit, Debit Onramps to Another 125 Countries

Liechtenstein-based international cryptocurrency exchange Bittrex Global has rolled out credit and debit card support for 125 more countries.Following an earlier introduction of the service for residents in the United Kingdom, Germany, France, and the Netherlands, the exchange announced its significant global extension of Visa support on April 20. In addition to

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Dharma Enables ‘Social Payments’ to Send Dollars via Global Twitter Handles

Blockchain banking solution Dharma has implemented a new feature called Social Payments, allowing users to send U.S. dollars to any Twitter handle.An April 21 tweet announcing the move explained that payments can be made regardless of geographical location or whether the recipient has a Dharma account.Dharma users can make payments

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Bitcoin Volume and Returns Remain Stable Amid Global Economic Uncertainty

Recent reporting by Cointelegraph shows that Bitcoin (BTC) spending has retraced since March 9 amid the worsening coronavirus pandemic. Data from blockchain analytics firm Chainalysis also shows that even the amount of Bitcoin spent on illicit activities through darknet marketplaces is down from pre-coronavirus levels.Despite the reduction in transactions,

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Global Hedge Fund Expects Bitcoin to Hit $8K; Here’s Why

Bitcoin rebounded by almost 94 percent after bottoming out below $4,000 in mid-March. And the cryptocurrency could extend its upside momentum, according to a prominent investment management firm.Coincident Capital said Tuesday that the bitcoin price could hit $8,000, taking cues from the recovery of global equities amidst an otherwise looming

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