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| Kodak eyes digital currency Blockchain is a ledger where transactions of digital currencies, like bitcoin, are recorded. Kodak, based in Rochester, New York, founded in 1880, is the latest company to enter the cryptocurrency market as Bitcoin makes gains. Bitcoin has surged from less than $1,000 a year ago to more than $14,000.
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| CBN injects $262.5m into currency market The Central Bank of Nigeria (CBN) said on Friday it had injected $262.5 million into the interbank foreign exchange market, extending efforts to improve liquidity and alleviate dollar shortages. The bank said in a statement it had released the funds for use by businesses in the agricultural and petroleum ...
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| Bitcoin may be good but it is not most lucrative Using Ripple's technology framework, however, is not the same as adopting the currency itself, and so the Ripple's rise should be considered as "purely speculative", according to Alexandre David, the founder of sector specialist Eureka Certification. Others point out that Ripple's market penetration is ...
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| Ripple: Potential tech giant mistaken for a cryptocurrency (Column: Currency Corner) Unlike Bitcoin, which relies on a network of "miners" running code that validates transactions and keeps the currency secure, Ripple's set-up has no miners. All 100 billion coins of XRP that exist were created when the network was launched in 2012. Its creators kept 20 billion and gave the rest to the ...
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| Initial coin offerings soar Tech startups, including some in Boston, have raised billions of dollars over the past year by selling their own digital currency, but experts and regulators are warning that the suddenly exploding market is rife with scammers looking to make a quick buck off the cryptocurrency craze. So-called initial coin ...
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| Pakistan, Bangladesh expats get extra value for money DOHA: Pakistani and Bangladeshi expatriates benefitted most by currency fluctuation last year. Pakistani rupee weakened by almost 6 percent in 2017 while Bangladeshi taka depreciated by around 5 percent during the year, giving expatriates of these countries extra value for their money. Pakistani ...
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| Bitcoin fever hits US real estate market US - Bitcoin fever has hit the US real estate market, especially that of Florida, offering foreign investors a way to dodge currency controls at home and US ... At of the end of last year, the digital currency was listed as a way to pay for some 75 properties for sale, especially in south Florida and California, ...
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Cryptocurrency SHOCK: US reveals 'digital dollar' plan amid fears of bitcoin crackdown DONALD Trump's Treasury Secretary have revealed that the US Government is keeping a "close eye" on cryptocurrency following the meteoric rise of the currencies. By Oli Smith. PUBLISHED: 16:46, Sat, Jan 13, 2018 | UPDATED: 17:20, Sat, Jan 13, 2018 ...
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| Zimbabwe cash problems will not be solved by using foreign monies alone It is true that businesses in Zimbabwe discuss major business deals and even small purchases with the cost listed in US dollars, even when the US is not involved in the transaction. The US dollar is viewed by many as the "unofficial world currency". But the reality is Zimbabwe is not the world. We can not ...
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This Country Is Warning Against 'Risky and Inherently Speculative' Cryptocurrencies Bank Indonesia is taking a firm stance against cryptocurrencies as it urges all parties to refrain from owning, selling or trading the tokens. "Owning virtual currencies is very risky and inherently speculative," the central bank said in a statement Saturday. The digital tokens "are prone to forming asset ...
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