The epidemic is fierce, what are blockchain practitioners doing?

Editor's Note: This article comes fromChain reference (ID: lianneican), Author: Internal Reference Jun, reprinted by Odaily with authorization.

Editor's Note: This article comes from

Chain reference (ID: lianneican)

The epidemic is fierce, and the blockchain practitioners who have been busy have stopped. What are they doing? Due to the decentralized nature of the blockchain, practitioners of the blockchain have not been idle, but kept a low profile.

Some of them actively raised funds, delivered supplies, and rushed to help Wuhan; some self-isolated at home, taking advantage of the "red envelope market" during the Spring Festival to make money.

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At the moment of the epidemic, blockchain people are in action

At the beginning of 2020, the sudden outbreak of the novel coronavirus caught the whole society by surprise. The development of the epidemic has also affected the hearts of the people across the country. Especially as the epidemic situation is getting worse and worse, the supply of masks, protective clothing, goggles, etc. to ensure the safety of medical staff is in short supply, and rescue is urgently needed.

When one party is in trouble, all parties support it. People from all walks of life have extended a helping hand and sent emergency supplies to Wuhan through various channels. Of course, there are many blockchain-related companies and organizations among them. Since late January, the accumulated donations have exceeded 40 million yuan.

The three top exchanges initially made charitable donations. They give full play to the characteristics of the internationalization of the group and continue to carry out global procurement, hoping to send materials to China in the shortest possible time.

On the night of New Year’s Eve on January 24, Xu Mingxing, the founder of Ouke Group, said: “As long as it is a practicable donation, Ouke Group actively supports it, and there is no problem at the level of tens of millions.” Ouke Group announced the establishment of a special fund of 10 million. It is used to support the prevention and control of novel coronavirus pneumonia. On January 29, the 100,000 sets of medical supplies donated by the Eurotech Group were already in transit and will arrive at seven hospitals in Wuhan, Xianning, Huanggang, Ezhou, Hanzhong, and Hong'an one after another. Subsequent supplies are still being procured.

On January 26, Binance CEO Changpeng Zhao tweeted that Binance promised to provide 10 million yuan ($1.5 million) to help those infected with the new coronavirus in Wuhan.

Li Lin, the founder of Huobi Group, said that the development of this epidemic is beyond everyone's imagination, but China has always had a tradition of unity and solidarity. At this time, confidence is more precious than gold. He also called on caring people from all walks of life to donate through various channels. Show love and do your best. Earlier, Huobi Group announced that its subsidiary Huobi Charity would donate 10 million RMB for the global procurement of medical supplies.

According to Huobi’s official website Weibo, on January 28, Huobi Group has purchased 400,000 pairs of gloves, which will be delivered to areas with severe epidemics. On January 27, 20,000 personal protective masks purchased by Huobi arrived in Huanggang City, Hubei Province. This batch of supplies is the second batch of medical protection supplies that Huobi Group has shipped since January 27. On January 29, Huobi Group, a leading enterprise in the field of digital economy and blockchain, purchased 2,750 medical-grade masks and sent them to Hengyang City, Hunan Province through SF Express. At the same time, Huobi Group has purchased 45,000 pieces of protective clothing from Thailand and the United Arab Emirates, which are being urgently shipped to China.

On January 25, Qulian Technology donated 100,000 N95 medical masks for the first time, and completed the purchase in a short time to help Wuhan. The first batch of 100,000 N95 medical masks will be sent to 10 hospitals in Wuhan.

On the afternoon of January 27, the Qtum Foundation donated RMB 200,000 to the Hubei Charity Federation for the prevention and control of the virus epidemic. insurance, protective gear and living allowances.

On January 27, Du Xiaoman Finance announced that it would contribute 10 million yuan in cash to the Baidu Epidemic Special Fund to fully support the series of work against the epidemic.

Ant Financial announced on January 27 that it has decided to establish a security fund for medical staff across the country. During the epidemic, if medical staff unfortunately suffer from the new type of coronavirus pneumonia, they can apply for 100,000 or 500,000 insurance funds.

On January 28, Cao Jing, founder and CEO of BitMax, posted on Weibo that BitMax has connected with overseas suppliers of masks, goggles, protective clothing and infrared thermometers, and the purchased medical supplies will be used to support Wuhan, its surrounding areas and other epidemics High-risk areas.

On January 29, according to WaykiChain official news, the WaykiChain Foundation immediately contacted the Huangmei County Charity Association of Huanggang City, one of the hardest-hit areas by the epidemic, and donated 210,000 yuan in cash to purchase medical masks, protective clothing, protective clothing, etc. Goggles and other epidemic prevention materials.

On January 29th, according to the official news of Cocos-BCX, due to the shortage of related supplies, Cocos-BCX made great efforts to mobilize global resources and actively seek regular suppliers. The first batch donated 1,000 full cover goggles to 7 county-level hospitals in Hubei indivual. The second batch of supplies is under preparation, and it is expected to purchase 50,000 medical masks from overseas. At the same time, Cocos-BCX partners and communities are also welcome to join in and provide financial donations, material donations, and reliable sources of goods for Hubei.

On January 31, Canaan Technology stated that it will donate no less than 2 million yuan in cash and materials to areas affected by the epidemic. As of January 31, Canaan Technology and its executives have donated a total of 1.2 million yuan in cash, and plan to donate cumulative cash (materials) worth no less than 2 million yuan.

MicroBT (Shenma Mining Machine) also stated that it has donated RMB 1 million to the Hubei Charity Federation to support the epidemic prevention in Wuhan and Hubei; it has donated RMB 1 million to the Shenzhen Nanshan Charity Association to support Shenzhen and epidemic prevention in Guangdong. At the same time, actively contact medical materials for the preparation of subsequent material donations; organize a special working group to pay close attention to the development of the epidemic and continue to contribute to the follow-up prevention and control of the epidemic.

Gate.io donated 20,000 protective masks, 20,000 latex gloves, 240 sets of protective clothing, 200 sets of goggles and other protective materials to medical institutions in Danjiangkou City, Hubei Province by contacting hospital volunteers, including 600 kg of disinfectant to be transported .

MXC Matcha said that it has opened up procurement channels in Japan, has sent more than 10,000 N90/KN 95 protective masks, and is coordinating more procurement channels.

Bella Fang, the founder of WBF Exchange in Singapore, said that she will donate medical supplies worth 1 million yuan to the Hubei Provincial Charity Federation in her own name to support the fight against the new coronavirus pneumonia.

KuCoin said that it has raised nearly 1 million donations internally and is contacting to purchase medical supplies.

Krypton Capital has raised about 20,000 USDT and completed the first batch of medical supplies procurement.

CIDA, a digital asset research institute, has raised a total of 92,198 yuan in internal donations, and externally pledged 210,000 sets of masks and hundreds of medical devices, and is in contact with relevant departments for transportation.

Hoo Fu Group has successfully donated RMB 250,000 to the Hubei Charity Federation for the purchase of masks, protective clothing and other medical supplies.

Cocos-BCX, a game digital economy platform, announced to donate 1,000 goggles to 7 county-level hospitals in Hubei.

The SENbit Foundation announced that Jack Liao, the builder of the ETE community, made the first targeted donation of 10,000 protective masks and 10,000 protective face shields. Masks were donated to the Organization Department of the Jinzhai County Party Committee, and protective masks were donated to relevant key hospitals.

The DSC (Dash Cash) Consensus Alliance community spontaneously organized the procurement of 400,000 masks that meet medical standards, and will deliver them to Wuhan Union Medical College Hospital in one go in the near future.

TOP Network said that the first batch of 6,000 medical masks had arrived at Wuhan Hospital, and it also helped multiple blockchain charitable organizations purchase tens of thousands of N95 masks.

The love assistance of blockchain people is continuing...

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The epidemic stimulates the price of bitcoin to rise

Affected by the raging epidemic, global stock markets generally fell. On the afternoon of January 31, local time in the United States, the Secretary of the Department of Health and Human Services announced that the United States has entered a public health emergency. Following the flash crash of the three major U.S. stock indexes, the Dow Jones Index fell by more than 600 points, erasing all gains this year.

At the same time, gold and silver immediately rebounded, spot gold rose to 1589 US dollars, and silver jumped to the 18 US dollar mark.

In recent days, the price of Bitcoin has also risen sharply. Since Wuhan was quarantined on January 23, the price of Bitcoin has risen every day, increasing its value by 10% in less than a week. Its price has broken out and sustained above $9,000, its highest level since November last year.

In particular, it broke through the 200-day moving average last week and quickly rose to a high of $9,576, bringing the month-to-date cumulative gain to more than 30%.

While mainstream cryptocurrencies such as ethereum (ether), ripple (XRP) and bitcoin cash (BCH) have also seen solid gains, other cryptocurrencies have followed suit.

Bitcoin is outperforming stocks amid the coronavirus scare, reinforcing the conviction among some experts that cryptocurrencies are becoming a safe haven for investment money.

For some cryptocurrency analysts and enthusiasts, the moment of global crisis and geopolitical turmoil has become an opportunity to explain bitcoin's price volatility.

Cryptocurrency author David Gerard claims that the cryptocurrency market is "deeply tied to insider trading" and that many bitcoin whales have "colluded for years" to manipulate its price. And the epidemic is a very good time to hype.

Bitcoin (BTC) may be on the rise due to “economic fear” of the coronavirus, but analysts are concluding that it’s only somehow as the disease spreads.

Concerns about the impact on China's economic growth are now surfacing, while global signals also indicate that investors are more cautious about short-term economic growth.

For market analyst Mati Greenspan, that sentiment is already evident. He uploaded a chart of U.S. bond yields, noting that a one-month performance delivered a higher return than a longer seven-year option. "This means short-term trouble for investors," he explained in the comments.

This economic uncertainty and jitters about the market often spark bullish sentiment for Bitcoin. Like the Iran crisis earlier this month, this is only the latest geopolitical event to spur a rise in bitcoin prices.

Discussing the impact of the coronavirus, trader Tone Vays told viewers on the latest episode of his Trading Bitcoin YouTube series: “Coronavirus does create some economic fears, so there is a fear that the coronavirus may start to spread. , which certainly helps the rise of Bitcoin, not hurts it.”

Regarding the rise of Bitcoin this time, many analysts believe that the epidemic is only the result of occasional events, and the more important impact is the halving of Bitcoin production in May this year.