Sentences with phrase «described as the digital currency»
UBIQUICOIN is described as a digital currency backed by real assets that is using a «two - coin approach,» has launched their initial coin offering (ICO).
https://www.crowdfundinsider.com/ Not exact matches
The attention on digital currencies and new products that have sprung up around them has been described as a mania and seen as a warning to those speculating in them.
Riot Blockchain described the platform as «one of Canada's leading exchanges for trading digital currencies.»
The bank official described state - issued cryptocurrency as another possible solution to this problem, opining that, «Central banks around the world are examining (the use of digital currencies) so we should as well.»
What has once been described as a stagnant, slow and stuck in the middle entity is now rising faster than it has in quite some time, and digital currency enthusiasts are keeping their fingers crossed and hoping things last this way for quite a while.
The Crypto Company describes itself as «one of the first publicly traded technology companies in the digital currencies and blockchain sector, offers a portfolio of digital assets, technologies, and consulting services to the blockchain and cryptocurrency markets.»
Lagarde's comments appear at odds with the views of JPMorgan Chase CEO Jamie Dimon, who this month described bitcoin as a fraud and said he'd fire any of his traders if they caught dealing in the digital currency.
Bitcoin is an electronic form of currency or simply put, it can best be described as a «digital dollar».
Cryptocurrency, digital currency, virtual currency are all the names of Bitcoin (BTC), the digital asset as described in Wikipedia.
In January, the Japanese cryptocurrency exchange Coincheck was hacked in what has been described as the biggest digital currency theft in history, affecting 260,000 customers.
In examples that appear to be modelled after the ill - fated e-Gold service, FinCEN describes the typical activities of these types of entity as the electronic distribution of digital certificates of ownership of real currencies or precious metals.»
The company's co-founder Baiju Bhatt described bitcoin as resilient, and says the digital currency system aligns with the values of the free trading app.
NiceHash, which describes itself as the largest marketplace for mining digital currencies, said late Wednesday that it was suspending its operations for at least 24 hours because of the security breach.
ABC News described it as Amazon's «own digital currency for Kindle Fire owners».
One of two press releases for the show describes these Tamagotchi-esque creatures as such: «[a] digital entity feeding off data sets produced by companies, currencies, and other large institutions, using a cute facial interface to elicit a sense of emotional attachment within the viewer.»
What platform describes as a novelty is, actually, the two - factor identification, the usual feature of many digital currency wallets.
With regards to litecoin, Tyler Winklevoss has reportedly described it as a popular «testnet» for bitcoin, the godfather of digital currencies.
Both GDAX and Bitstamp addressed the issue by describing BCH as an alternative cryptocurrency (altcoin) and that they are not in a position to support the digital currency.
Another question found that many users now view bitcoin as less of a «digital currency» (like its creator Satoshi Nakamoto seemingly described in the «Bitcoin: A Peer - to - Peer Electronic Cash System» white paper), and more of a «digital gold» (seemingly used more for value storage and investment).
For example, the digital currency Tezos, which Wired described as a «working democracy,» actually gives its users voting rights to decide the future of its network.
Another company, LaxmiCoin that describes itself as India's first digital currency, claims in its website that it has yet to start offering Initial Coin Offers (ICOs) while warning investors not to get duped by exchanges that go by similar names.
The Monetary Authority of Singapore (MAS) sees the difference between digital tokens, which it regards as a «cryptographically - secured representation of a token - holder's rights to receive a benefit or to perform specified functions,» and virtual currency, which the regulator describes as «one particular type of digital token, which typically functions as a medium of exchange, a unit of account or a store of value.»
The ECB has spoken out about digital currencies in the past, describing them as «inherently unstable» in a report published last March.
To describe cryptocurrency as a phenomenon would probably underestimate just how successful these digital currencies have been.
The attack, described as the biggest digital currency theft in history, was the most high profile case in several...
In January, the Japanese cryptocurrency exchange Coincheck was hacked in what has been described as the biggest digital currency theft in history, affecting 260,000 customers.
Wilkins warned that there could be ramifications if digital currencies were to gain widespread acceptance, but she described such a scenario as «unlikely»:
Because of bitcoin's decentralized nature, bitcoin has long been considered as a safe haven asset, with many investors describing the digital currency as «digital gold.»
The market cap news influenced proponents of the digital currency more strongly, with evangelist Trace Meyer describing it as a one - of - a-kind wealth transfer.
Bitcoin is more correctly described as the first decentralized digital currency.
Earn.com, which enables users to earn digital currency for answering emails and completing tasks, last week launched a new project: Airdrops, described on the company's website as a way for blockchain entrepreneurs to give users a free trial of a new token and thus gain early adopters.