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| Pseudo Cryptocurrency Stock Shorts Our cryptocurrency stock short thesis has two tenets. First, the bitcoin price has gone hyperbolic, increasing 15-fold from $977 at the beginning of 2017 to $15,020 currently. Bitcoin, however, is down from its mid-December peak of $19,785, which coincided with the set-up of an institutional-grade CME ...
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| Hot New Cryptocurrency Trend: Mining Malware That Could Fry Your Phone asks one user, called Ungifted, seeking help with code that mines the cryptocurrency monero when users visit a site where it's deployed. Another forum member, using the name Broke Musician, suggests injecting the program into third-party websites, or sending out links to sites with the mining code ...
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| Visa bans cryptocurrency-backed cards, leaving thousands in the lurch Visa ended its relationship with a large cryptocurrency card provider on Friday, causing thousands of people's transactions to be declined and scrambling to figure out how to access their money. The card provider WaveCrest confirmed in an email to CNBC that they were required "to immediately close ...
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| Cryptocurrency ripple briefly drops more than 11% Ripple, or XRP, briefly fell to $2.83, down 26 percent from its record high of $3.84 hit Thursday, according to CoinMarketCap. The decline followed a Coinbase blog post released Thursday afternoon that pushed back against recent rumors the company would soon add ripple to its marketplace. Even with ...
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| Survey: Most People Have Heard of Cryptocurrency, But Don't Have a Clue What It Is A cryptocurrency is defined as "a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature." An important feature of a cryptocurrency that adds to its popularity is, it is organic in nature and is not issued by any central authority.
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| Bitcoin and cryptocurrency news round-up Bitcoin has bounced back to $16,437, a 10% gain according to Coinmarketcap.com, from lows a week ago around $13,000 in the see-saw pattern we predicted in our previous report. The market now waits to see if the cryptocurrency can break through resistance at $16,500, a level it failed to sustain ...
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| Cryptocurrency Exchange Review: Kraken Finding reliable cryptocurrency exchanges is often a lot more difficult than people would like to think. That's not because one can't trust most companies, but mainly because few platforms provide uninterrupted experiences at all times. The Kraken exchange, while one of the oldest in the business, has ...
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Ripple CEO Fires Back at Cryptocurrency Critics A simmering feud over Ripple, which in recent days has become the second most valuable digital currency after bitcoin, boiled over Thursday evening in bitter Twitter exchange involving the company's CEO Brad Garlinghouse. The fight erupted after Nate Popper, a New York Times journalist and author ...
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North Korea hacks cryptocurrency in desperate bid to raise funds for nuclear war But this makes the digital currency more attractive to hacking groups who wish to steal the cryptocurrency. The North Korea hacking group, called Andariel, were able to penetrate a server at a South Korean company last summer. They used the leftover energy after the hack to mine monero without the ...
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| What Is Cryptocurrency? | H&R Block What is Cryptocurrency? Bitcoin, Litecoin, and the like leave many wondering how to classify this new form of investment. Find the answer at H&R Block.
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