Financial aid is a lifeline to get through the worst of the crisis without folding operations. But during the re-start period later this year, the industry’s debt load will be near $550 billion—a massive 28% increase.
BizX CEO Bob Bagga appeared as the guest expert on Tariq Qureishi’s Xponential Talks webinar series on Monday 18th May, to address approximately 100 business leaders across the Middle East on how barter or value exchange can be leveraged to help businesses survive and thrive during the current COVID-19 crisis.
Bixin Global, one of China's largest cryptocurrency custody and mining operators, has launched a proprietary Fund of Funds amounting to 6600 BTC, or approximately USD 66 million. This announcement comes alongside the anticipated BTC Halving, as different stakeholders make various preparations for its arrival. The 6600 BTC fund seeks to empower global crypto quant funds by providing additional resources for liquidity providers and market making activities.