This result holds across an alternative measure of the shadow economy, and when the bi-directional causality between the shadow economy and cryptocurrency holdings is considered. In other noteworthy findings, greater FDI crowded out cryptocurrency holdings, while greater financial globali...
With blockchain disrupting the architecture of global finance, cryptocurrency challenges the regime of fiat money. Proponents of cryptocurrencies suggest their inventions can replace trusted intermediaries and hence provide a cost saving to the economy. This chapter reviews the development of digital currenc...
Most cryptocurrencies are securities. There’s an “issuer” who created them, and they have a team that can influence the protocol. Often they issue themselves a lot of coins in the initial coin offering and sold the rest to the public. It’s very similar to issuing stock in a company,...
adding up to a total network energy consumption equaling that of some small countries.6However, the environmental impact greatly depends upon the source of energy the mining operations are drawing upon and the impact their energy use has on the power grid. ...
5.2The legal concern of an unregulated global economy在没有监管的全球经济中面临的合规问题 5.3Loss, theft, and fraud灭失,偷盗和欺诈 5.4Darknet markets暗网市场 5.5Initial coin offerings ICO,即代币首次公开发行 6. Cryptocurrency in gaming 加密币在游戏产业中的应用 ...
This paper aimed to assess the effect of the cryptocurrency market on firms’ market value, especially on the sectoral level, in Africa. To reach the study’s main goal, the authors adopted the Panel-Corrected Standard Errors (PCSEs) and Panel Double-Clustered Standard Errors (PDCSEs). Using...
Many cryptocurrencies were created to facilitate work done on the blockchain they are built on. For example,Ethereum'sether was designed to be used as payment for validating transactions and opening blocks. When the blockchain transitioned to proof-of-stake in September 2022, ether (ETH) inherit...
These innovative transaction methods have rapidly made their mark in the financial sector, reshaping the dynamics of the global economy. However, there remains a notable hesitation in its widespread acceptance and adoption, largely due to misconceptions and lack of proper guidance about its use. Such...
The digital traces of bubbles: feedback cycles between socio-economic signals in the Bitcoin economy What is the role of social interactions in the creation of price bubbles? Answering this question requires obtaining collective behavioural traces generate... D Garcia,Tessone, C. J,P Mavrodiev,....
Stay updated with the latest news, trends, and analysis on cryptocurrency from Fox Business. Explore insights into Bitcoin, Ethereum, and other digital currencies, as well as investment opportunities and market forecasts, shaping the future of finance an