COVID-19 Archives - Page 7 of 7

Chairman of Santander’s Portuguese Unit Dies from Coronavirus

March 19, 2020

Antonio Vieira Montero, Chairman of Spain’s largest bank, Santander, passed away at the age of 73 yesterday, a source familiar with the matter said. A spokesperson at Santander confirmed the death. Accordin...

Bitcoin Plunges Below $5000 As The Fed’s Panic Over COVID-19 Spooks Traders

March 16, 2020

On Sunday (Mar 15), the Federal Reserve (aka "the Fed"), the central bank of the United States, announced that it had lowered the target range for the Federal Funds Rate (FFR) -- by 100 basis points -- to 0 t...

Fed Slashes Rates to 0%, Begins QE to Combat Effects of COVID-19

March 16, 2020

In an emergency announcement made on Sunday afternoon, the United States Federal Reserve has declared that it will be cutting interest rates to zero for the first time since the 2008 financial crisis. The mov...

Hackers Are Using Fake Coronavirus Tracking Application To Ransom Crypto

March 14, 2020

Hackers are taking advantage of the coronavirus panic by using fake Android tracking applications to ransom users in crypto. According to a report by The Next Web, hackers are spreading fake coronavirus trac...