The Chinese doctor who initially warned against the coronavirus, Dr. Li Wenliang, has been memorialized on the Ethereum blockchain, hours after news of him passing away to the disease broke in China.

The coronavirus outbreak has led to quarantine controls across the country, and has forced a Chinese cryptocurrency mining farm to suspend operations. The quarantine has forced a Chinese cryptocurrency mining farm to shut down operations for the time being.

Ethereum’s developers are “95%” confident they will launch ETH 2.0, the next iteration of the world’s largest altcoin with higher transactions throughput and a Proof-of-Stake consensus algorithm, this year.

Top stories in the Crypto Roundup today:

• Whistleblower of China’s Coronavirus Outbreak Memorialized on the Ethereum Blockchain
• Chinese Crypto Mining Farm Shuts Down Over Coronavirus Outbreak
• Ethereum Developers Have ‘95% confidence’ ETH 2.0 Will Launch in 2020

.At the time of writing, bitcoin (BTC) is trading at $9,754.52 (1.34%) with a daily Top Tier volume of $2.52 billion. As for ether (ETH), it is trading at $217.58 (3.99%) with a daily Top Tier volume of $1.19 billion. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 3,682.29 (0.56%)

Whistleblower of China’s Coronavirus Outbreak Memorialized on the Ethereum Blockchain

Dr. Li Wenliang, the doctor who first tried to sound the alarm regarding a troubling cluster of viral infections in Wuhan that grew out of control, has been memorialized on the Ethereum blockchain.

An Ethereum user has created a “monument” with sources codes in memorial of Dr. Li Wenliang, who died because of the coronavirus outbreak he warned the world about. The source code is now on an immutable blockchain that can’t be censored, and was created at around 2:30 UTC on Friday, February 7. The monument includes a highlighted “R.I.P” and a short biography of the doctor.

Dr. Li Wenliang is seen as a hero in China, both because he was the first to sound the alarm on the coronavirus outbreak, which has so far claimed the lives of 638 people and infected a total of 31,500, and because Chinese authorities reprimanded him for “making false comments” after doing so.

The news of his death broke late Thursday night in China, and users of the microblogging platform Weibo started a trending hashtag to discuss the situation which now has over 1 billion views. Another hashtag, claiming the Wuhan government owed Dr. Li an apology, has been censored.

Chinese Crypto Mining Farm Shuts Down Over Coronavirus Outbreak

At least one cryptocurrency mining farm, BTC.TOP, has been forced to shut down over the coronavirus epidemic. According to a Weibo post published by BTC.TOP’s CEO Jiang Zhuoer, the mining farm’s machines have been shut down as the firm was told it isn’t allowed to keep working at the moment.

Zhuoer’s post details personnel at the mining farm never stopped working before the quarantine period being enforced. The mining farm shut down shortly after cryptocurrency miner manufacturer Bitmain, Canaan, and MicroBT issued notices to their clients over shipment delays.

Businesses throughout China are being affected by the coronavirus outbreak, as a large part of the workforce is now staying indoors over the existing quarantine control.

Ethereum Developers Have ‘95% confidence’ ETH 2.0 Will Launch in 2020

In an “Ask Me Anything” session on Reddit, Ethereum’s developers working on ETH 2.0 said the network won’t launch until at least three clients can consistently run testnets for at least eight weeks. ETH2.0 is the next iteration of the largest altcoin by market capitalization, promising a higher transaction throughput under the Proof-of-Stake (PoS) consensus algorithm.

ETH 2.0 has been in the works since 2015, but due to the upgrade being highly technical, it has been delayed from its initial launch date of January 2020 to, how, July 30, 2020. The AMA included Ethereum co-founder Vitalik Buterin and ETH 2.0 researchers Danny Ryan and Justin Drake. Drake said:

“I have 95% confidence we will launch in 2020.”

Phase 0 of ETH 2.0, the so-called Beacon Chain acting as a manager of its PoS algorithm, could be launched on only two stable clients, the developers said. Regardless of the launch date, Ryan said Phase 0 and Phase 1, which will ink ETH holders who have staked assets to the Beacon Chain, are 99% and 90% ready, respectively.

Flipside Friday

The Flipside Crypto Disparity Ratio is a tool helping you find out which cryptoassets are under and overvalued. The crypto disparity ratio scores cryptoassets based on market capitalization and FCAS ratings, with a score over 1 showing it’s undervalued, and under 1 showing it’s overvalued.

XYO, an ERC20 token used for a decentralized network of devices that anonymously collects geospatial data, has topped the undervalued list with a score of 1.96. It’s followed by the Raiden Network’s token at 1.36. The Raiden Network is an off-chain transfer network for ERC20 tokens in the Ethereum network, providing users a scalable, cheap alternative to on-chain token transfers.

Behind it is Polymath, a blockchain-based system incentivizing participants to launch financial products, and by Storj, a decentralized cloud storage platform letting users earn tokens by renting idle hard drive space.

On the overvalued side we have Insight Chain’s INB token at 0.32. Insight Chain is a commercial public blockchain that’s looking to establish the world’s first data ecosystem public blockchain with infinite scalability. It’s followed by Monacoin, the once-popular cat meme cryptocurrency MonaCoin, which has even been used to buy land in 2014, and Crypterium’s CRPT.

Crypterium is a cryptobank platform leveraging the Ethereum blockchain to provide an instant processing engine for both fiat and crypto based currency transactions while enabling inter-changeability between the two, with CRPT being an ERC20 token that will work as a medium of exchange within the cryptobank.

State of the Crypto by Top Tier Exchange Volume

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