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Showing posts with the label coronavirus

Italian Red Cross Launches Bitcoin Fundraiser To Combat COVID-19

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The Italian Red Cross and the Colli Albani Committee are raising donations of Bitcoin and other cryptocurrencies to fight the country’s coronavirus pandemic with the support of Helperbit, as announced on March 12. Proceeds from the campaign will reportedly be used to set up a second-level advanced medical post for pre-triage of COVID-19 cases in the country, and it is expected to reach a goal of €10,000 to buy the necessary medical equipment for the infrastructure. The remaining funds will be used to cover the fees of the medical staff that will be involved in the project. Bruno Pietrosanti, president of the Colli Albani Committee, said that they need to ease the pressure on hospitalizations due to the increase in infected patients and the reduced number of places available in Italian hospitals: On carrying out the initiative alongside Helperbit, a blockchain startup that offers a platform for charities, Pietrosanti added the following: “We believe that an...

Travel Bans Around The World Crippling Crypto

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In the United States, President Trump announced new travel restrictions today in response to the spread of the COVID-19 coronavirus. The Commander in Chief signed a Presidential Proclamation suspending the entry of most foreign nationals who have been in certain European countries during the 14 days prior to their scheduled arrival to the U.S. These countries include Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland. The United Kingdom is exempt. Meanwhile, India announced it would suspend visas for most foreign visitors arriving between March 13 to April 15, and close the country’s land border with Myanmar. Air India has already cancelled flights to Italy and South Korea, the two countries outside China most affected by the outbreak. Other countries, from Australia to...