Kaspersky explains that the remote work solutions that the companies were forced to hastily set up amid the coronavirus pandemic have introduced vulnerabilities to their systems. The situation was reportedly so bad that “some literally did not even have enough laptops to provide to their employees” and “had to purchase whatever they found on the retail market, even if the machines did not comply with the security standards of the organization.”
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The pandemic has revealed holes in existing supply chain and logistics management that is spurring the blockchain's development (Photo: Pixabay)Between crypto winter and COVID, blockchain market has lost $2.8 billion since 2018: report
ABI Research predicts the market will make up the revenue by 2023, due in part to the holes revealed in existing supply chain and logistics management by the pandemic
In a Nov. 4 release, tech market advisory firm ABI Research said it believes that the knock-on effect of the cryptocurrency market’s 2018 downturn—which wiped out 80% of the total cryptocurrency market cap—had far-reaching consequences for the blockchain space.
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More than half of U.S. investors interested buying in Bitcoin
Nearly one quarter of them already have, according to a survey by Grayscale Investments, which also found the pandemic was a big driver of interest
The findings, announced on Oct. 27, show that 55% of them would be interested in investing in Bitcoin, while 23% already bought in. This percentage of American investors translates to nearly 32 million potential Bitcoin investors.
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With coronavirus cases skyrocketing and reopening in retreat, another February/March plunge is plausible (Photo: Roger Brendhagen/Scopio)MARKETS REPORT: Bitcoin eyes $9,000 as trader warns institutions are short, fear growing
Coronavirus is back in the spotlight as growing hospital admissions in the U.S. fuel a stocks rout that triggered losses for Bitcoin on Tuesday.
Having reached local highs of $9,330 on Monday, BTC/USD lost momentum overnight, in step with a dip on Wall Street with Tuesday seeing further losses. Bitcoin thus continues its correlation with macro markets.
