May 2017 / 48 posts found

The technology and economic determinants of cryptocurrency exchange rates: The case of Bitcoin

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The technology and economic determinants of cryptocurrency exchange rates: The case of Bitcoin    We theoretically discuss the technology and economic determinants of the Bitcoin exchange rate We use the ARDL model with bounds test to address co-integration of a mix of stationary and non-stationary time series We find Bitcoin exchange rate relates more with economic fundamentals and less with technology factors as Bitcoin evolves We find the impact of computational capacities on Bitcoin is decreasing as technology progresses Abstract Cryptocurrencies, such as Bitcoin, have ignited intense discussions. Despite receiving extensive public attention, theoretical understanding is limited regarding the value [...]

Hackers mint crypto-currency with technique in global ‘ransomware’ attack

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Hackers mint crypto-currency with technique in global 'ransomware' attack    A hooded man holds a laptop computer as blue screen with an exclamation mark is projected on him   A computer virus that exploits the same vulnerability as the global "ransomware" attack has latched on to more than 200,000 computers and begun manufacturing digital currency, experts said Tuesday. The development adds to the dangers exposed by the WannaCry ransomware and provides another piece of evidence that a North Korea-linked hacking group may be behind the attacks. WannaCry, developed in part with hacking techniques that were either stolen or leaked from [...]

$1,700? Bitcoin’s Price is Up Even as its Tech Progress Stalls

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$1,700? Bitcoin's Price is Up Even as its Tech Progress Stalls    Referred to as the 'honey badger of money' (after a famous viral video), bitcoin enthusiasts may find this comparison particularly apt of late. Since the beginning of the year, the network's value has nearly doubled – even while the community continues to be mired in debate. Market observers so far have offered a wide range of reasons for this uptick, though not all of them are good, with increasing prices causing concerns that the industry as a whole is entering a speculative bubble. Supply and demand Still, not everyone believes the boost [...]

Zebpay, India’s domestic Bitcoin Exchange, reaches 500,000 downloads mark

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Zebpay, India's domestic Bitcoin Exchange, reaches 500,000 downloads mark    MUMBAI: Zebpay, India's largest Bitcoin exchange announced on Wednesday that it has achieved five lakh downloads. With over 500,000 downloads, Zebpay has become India's largest Bitcoin exchange and is adding more than 2500 users every day. This tremendous growth indicates the growing acceptance of Bitcoins as one of the most popular emerging asset class. The company said it launched operations in 2015 to simplify bitcoin trade along with providing a seamless experience to the Indian audience. Claiming that the country was atonhe cusp of a new financial revolution, the company's [...]

The Intersection of Social Media and the Blockchain

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The Intersection of Social Media and the Blockchain    Every major social media platform has offered users a way to communicate with others and earn social currency, such as followers, traffic to their content, likes and retweets. Now, a new breed of social media networks has emerged - one that uses blockchain technology to build platforms enabling users to control their data and escape the censorship imposed by the likes of Facebook and Twitter. In addition, these new social networks reward users with cryptocurrency. One such new social media platform is Steemit , which runs on top of a decentralized [...]

Blockchain Incubator Boost VC Goes Straight For Tokens, Appeals For Investment Projects

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Blockchain Incubator Boost VC Goes Straight For Tokens, Appeals For Investment Projects    Cryptocurrency and Blockchain incubator Boost Cryptocurrency and Blockchain incubator Boost VC has announced it is to invest directly into tokens in the future. In a blog post on Monday, co-founder Brayton Williams said that in light of the success of the startup’s investment in Blockchain platform Aragon, it is now looking for new targets to foster. Aragon, an Ethereum-based decentralized corporate management platform, is due to begin the ICO for its ANT token on Wednesday. “Although the excitement around tokens and cryptocurrencies is at an all time [...]

Ways to Boost Your Social Media Creativity Game

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Ways to Boost Your Social Media Creativity Game You don't have to be Tinder to light a fire under your customer base, with word-of-mouth marketing tactics. Leave it to a dating app to demonstrate the instant success a creative social media marketing approach can bring to a new business. Tinder -- the location-based dating service that facilitates matchups between interested parties -- used a tactic best described as word-of-mouth advertising in a digital format To successfully launch its app. In a recent podcast, Tinder co-founder and CEO Sean Rad revealed that the company grew by 50 percent the day after [...]

Are You Maximizing The Use Of Video In Your Content Marketing Strategy?

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Are You Maximizing The Use Of Video In Your Content Marketing Strategy? Chief strategy officer and partner at Raindrop. We believe in the power of human connections and helping our clients build relationships. Did you know that more video content is uploaded to the internet in a single month than network television has produced in three decades? The world of content marketing and search engine optimization (SEO) might be complex and constantly evolving, but one thing is certain: Video continues to be a big driver of traffic. How can you use video to strengthen your content marketing strategy and SEO? [...]

PBOC Researcher: Can Cryptocurrency & Central Banks Coexist?

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PBOC Researcher: Can Cryptocurrency & Central Banks Coexist?   Yao Qian works in the technology department of People's Bank of China, the country's central bank and financial market regulator. Qian discusses the relationship between digital currencies and bank accounts, proposing a design concept where bank accounts and digital currency wallets coexist.    While technological direction, risk control and security measures are all important, the effectiveness of digital currency ultimately relies on its successful application. For a digital fiat currency (DFC) to show vitality and supplement or even replace traditional currency, it has to be user friendly and well received by the [...]

Will Palestinians Consider Cryptocurrency as a De-Facto Currency?

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Will Palestinians Consider Cryptocurrency as a De-Facto Currency? The Palestinian Monetary Authority is considering the possibility of introducing its own cryptocurrency in the next few years. Bitcoin has already proven its potential to act as a universal currency, overcoming geographical, cultural and political differences. The cryptocurrency has been a savior to many in suffering economies, throwing them the much-needed lifeline in the form of an alternative currency. The recent legalization of Bitcoin in Japan and Russia’s consideration to assigning a similar status to the digital currency has got another geographical region thinking along the same lines. According to reports, the [...]