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Davos: Bitcoin is not a currency DAVOS, Switzerland (CNNMoney) – Davos is clear on bitcoin: It's an interesting investment, but please don't call it a currency. Bitcoin's volatile ascent has transformed it from a tech industry curiosity to a major topic of discussion at this year's World Economic Forum. Yet the consensus in Davos, ...
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Crypto-currencies see short-term bubble and likely long-term staying power Whether or not crypto-currencies offer a widespread, scalable alternative to traditional currencies depends greatly on their efficiency of use and on how well they function as a store of value. Volatility in the bitcoin market carries risks for those who hold their savings in the market, and many prefer to see ...
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Weirdness Is Currency In The Attention Economy Playing with one's food is all part of the Kentucky Fried Chicken (KFC) value proposition. There was the Watt A Box that let customers charge their phone while eating dinner, the Gamers Box that came with a mount for the phone as well as controllers attached to the sides — and now, the KFO, short for ...
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European Markets Climbed Despite Continued Currency Strength (RTTNews) - The European markets ended Friday's session with modest gains. The markets climbed in early trade, but settled into a sideways pattern for the bulk of the session. Positive study results from AstraZeneca provided a boost to drug stocks, while strong results from LVMH drove shares of luxury ...
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Why a Weaker Dollar Could End This Bull Market Treasury Secretary Steven Mnuchin last week seemed to channel his predecessor from the Nixon administration, John Connally, who famously declared in 1971 that the dollar was the U.S.'s currency but the rest of the world's problem. The greenback then was under pressure during the waning days of ...
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Coincheck customers voice anger, anxiety over lax safety / Firm failed to store NEM currency in ... The Yomiuri ShimbunCustomers who purchased virtual currencies exchanged by Coinchek Inc. voiced anger and anxiety over the company's announcement that a huge sum of the virtual currency NEM had been stolen. The company, based in Shibuya Ward, Tokyo, held a press conference late Friday ...
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Two held with five pistols, fake currency CHENNAI: Chennai police on Friday morning busted a fake currency racket and arrested two people at Thiruvottiyur railway station while they were smuggling currency worth Rs4 lakh from Assam in the Chennai Central-bound Guwahati Express train. Police also seized five pistols and 20 rounds of ...
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Saudi police bust five-member gang dealing in counterfeit currency Three Saudi citizens, a Yemeni national and an Eritrean expatriate were arrested and referred to the Public Security to face charges. A Riyadh-based police squad busted the five-member gang and dismantled the network in one of the biggest cases of counterfeit currencies in Saudi Arabia. One of the of ...
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