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| The hidden dangers of buying virtual currency go beyond a simple hack That cryptocurrency you just bought is as vulnerable to hackers as your smartphone or any other digital device, security experts are warning. Virtual — and increasingly popular — currencies like bitcoin, Ethereum, and Litecoin are unregulated and volatile, making them not just a high-risk investment, but ...
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The Yen Emerges as the Currency-Market Winner From Trade Tensions The tariffs could reduce U.S. growth by as much as 0.2 percentage point this year, and further risk lies in how trading partners respond, Barclays Plc economists said. The greenback slid Friday as traders sought refuge in the yen, Swiss franc and euro. Trade-sensitive currencies, such as the Canadian ...
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The Marshall Islands Is Most Recent Nation to Make Crypto an Official Currency On February 26, the Republic of the Marshall Islands (R.M.I.) passed a law approving the launch of Sovereign (SOV), the first cryptocurrency issued as legal tender by a sovereign nation. "This is a historic moment for our people, finally issuing and using our own currency, alongside the USD. It is another ...
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| West African Leaders Reaffirm Will to Create Single Currency by 2020 A group of West African leaders, ministers, and public officials gathered last week for the Fifth Meeting of the Presidential Task Force on the ECOWAS Single Currency Programme, reaffirming their political will to create a regional single currency, the Eco, by 2020. The meeting, which took place on 21 ...
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| City seeks moratorium on currency plants The problem is that mining for cryptocurrency, such as Bitcoin, absorbs a tremendous amount of energy in generating the virtual currency, explained Municipal Lighting Department Manager Bill Treacy. The miners identify cryptocurrency using computer banks that run complex algorythims for hours on ...
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| intimate Announces $1.1 Million Investment from Billion-Dollar Digital Currency Fund Alphabit intimate (https://intimate.io/), a cryptocurrency facilitating payments and trust for the adult industry, today announced a $1.1 million investment from Alphabit, a billion-dollar digital currency fund. Alphabit invested in intimate's ongoing token pre-sale, which has so far raised $5.1 million to provide an open, ...
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| FX trading: what are the most overlooked currency pairs? While different currencies play different roles in the market, with some holding unique characteristics (like the world's reserve currency, the US dollar), most currency pairs are often influenced by the same drivers that centre around supply and demand, central banks, economic data, credit ratings, foreign ...
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| Dollar slides as US tariff plan rattles currency outlook NEW YORK, March 2 (Reuters) - The dollar fell against most currencies on Friday, dropping to its lowest in more than two years against the yen, as President Donald Trump's proposal to impose hefty tariffs on steel and aluminum imports raised prospects of a trade war that could damage the U.S. ...
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| Expert: Currency concerns, not tariffs drive down the market Expert: Currency concerns, not tariffs drive down the market ... "To be honest with you, when Treasury Secretary Mnuchin talked about weaker currency back in Davos in January, that bothers me more than this, because currency affects all imports … that's been the bigger inflation story …We had the ...
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| Japan's digital currency exchanges to form new body TOKYO: A group of digital currency exchanges in Japan said on Friday they will form a new organisation with the aim of establishing industry-wide standards for security and compliance. The move, agreed by all 16 exchanges that are registered with the government such as bitFlyer Inc. and GMO Coin ...
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