• Dorsey gives $1 billion COVID-19 fight
    Bitcoin,  Innovators

    Jack Dorsey will ‘start small,’ giving a quarter of his fortune to COVID-19 fight, girls education

    The Twitter and Square CEO will also support universal basic income, says he wants to see philanthropy’s ‘impact in my lifetime’

    On April 7, Twitter and Square founder Jack Dorsey tweeted on his @jack account that he will give $1 billion—more than a quarter of his fortune—to fight the COVID-19 epidemic. After that, the funds will be used to advance health and education initiatives for girls, and advocate for universal basic income.

  • Italian media outlet turns to blockchain
    Media,  Technology

    Its brand used to spread fake news, Italian media outlet turns to blockchain

    ANSA will put the sources and history of 1,000 news stories a day on a publicly available blockchain, but bigger challenges lie ahead

    Reeling from its brand being used to spread fake stories, Italian media giant ANSA has launched a blockchain-based system so readers can track exactly where its journalism has come from. It says the tool allows anyone to verify sources behind an article—strengthening “bonds of trust between the organization and its readers and customers.”

  • Coronavirus shows blockchain is needed
    Technology

    WEF: Coronavirus proves blockchain is needed

    Blockchain solves ‘a key technology problem’ in making supply chains more visible and resilient

    The disruption of supply chains worldwide by coronavirus shows blockchain is needed as a tool of trade, according to the World Economic Forum.

  • Coronavirus hits darknet revenues
    Bitcoin

    Even drug dealers are hurting as coronavirus hits darknet revenues

    Blockchain intelligence firm Chainalysis finds bitcoin spending is dropping on darknet markets and gambling sites, but not legitimate merchants; crypto scammers are stepping up

    The pandemic's economic destruction is so bad that even retailers of what may be the most recession-proof product there is—illegal narcotics—are feeling the pinch as coronavirus hits darknet revenues.