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Iran Leverages Secret AI Cyber WARFARE to Defeat ISRAELIn this study, we examine the asymmetric efficiency of cryptocurrencies using 1-hour data of Bitcoin, Ethereum, Litecoin, and Ripple. Information asymmetry occurs in situations in which only some traders have information access to important and trading-relevant content, while others have insufficient or no access because full information is intentionally not provided or unavailable. This paper explores the asymmetric effect of COVID pandemic news, as measured by the coronavirus indices (Panic, Hype, Fake News.