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North Korean hackers seen hijacking computers to mine digital currencies as sanctions kick in The case underscores the increasing appetite from cyberattackers for digital currencies that are becoming a source of income for the Kim Jong Un regime. North Korea is accelerating its pursuit of cash abroad as the world tightens its stranglehold on its conventional sources of money with sanctions ...
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Bitcoin: Another Ponzi Scheme? Sainath Gupta, CEO of the Hyderabad-based Anything AI Cyber Pvt. Ltd., who works on maximising returns on Bitcoin, says, "It's already a mainstream currency in markets like Japan, Venezuela and Zimbabwe. It's increasing in value and it's very simple to open a wallet using a private digital key.
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WEB | ||||||
The geopolitics of international currency choice Scholarly work on the currency used in international transactions distinguishes two views. One, familiar to economists, emphasises pecuniary motives. Safety, liquidity, network effects, trade links, and financial connections explain why some currencies are used disproportionally as a medium of ...
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Bitcoin Price Rally Could Boost Japanese GDP Growth in 2018 "Rises in asset values often result in a rise in consumer spending, too, known as the wealth effect," wrote Nomura economists Yoshiyuki Simon and Kazuki Miyamoto in a note to clients on Friday. "We estimate the wealth effect from unrealized gains on bitcoin trading by Japanese investors since the start ...
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