10 Mar Avoid This New Cryptocurrency Like The Plague
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Bitcoin and cryptocurrency prices have crashed in the face of the global market rout sparked by the spreading coronavirus.
But one new bitcoin-rival, created by a group of mostly unknown cryptocurrency developers last month and styling itself as “the world’s first crypto backed by death,” allows traders to bet on the coronavirus epidemic—with the token’s value rising as more people fall ill or die.
The World Health Organization has said more than 70% of those infected with coronavirus in China … [+]
Coronacoin, which is currently being priced at less than $0.01 according to its developer’s website, will see its supply fall every two days based on the rate of new cases and the number of people the virus has killed.
There is a fixed supply of the coronavirus-fueled…
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