currency

Tue

Jan

Financial Regulators May Oversee Bitcoin

by John Lister on January, 27 2015 at 07:01AM EST

Two Facebook millionaires want US officials to regulate an exchange for buying and selling the controversial "cryptocurrency" Bitcoin. The move follows a scandal when the largest such exchange in Japan went out of business . The Bitcoin currency ... isn't issued by any government or backed by any assets. Instead, each new unit of the currency is created when a computer successfully solves what's effectively a puzzle designed to slowly increase the amount of Bitcoins in circulation. Every time one user pays a Bitcoin to another, a publicly available ledger of transactions is ... (view more)

Fri

Feb

$473 Million Lost In Online Currency Scandal

by John Lister on February, 28 2014 at 02:02PM EST

One of the largest businesses that allowed people buy the online currency Bitcoin is filing for bankruptcy protection. The collapse means customers have almost certainly lost nearly half a billion US dollars in "real money." Mt Gox is a Tokyo-based ... business founded in 2009 as a trading card exchange (Source: wikipedia.org ). It has recently filed for bankruptcy protection because it has debt worth $63.6 million, but assets worth only just half over that. Customers had a total of around 750,000 Bitcoins stored in the Mt Gox equivalent of a bank account, which translates to around $ ... (view more)

Thu

Oct

Number Formatting in MS Excel 2007

by Carol Bratt on October, 9 2008 at 08:10AM EDT

Sometimes within your worksheet, you may have different, non-standard numbers. Perhaps you have dates and times and currency numbers. If you want MS Excel 2007 to interpret these different, non-standard numbers the way that you do, you will need to ... format the number properties in the cell in which they appear. Follow the steps below to change the number formatting of a cell in MS Excel 2007: On the Home tab of the Ribbon, find the Number group. In the Number group, there are various different options you can use to quickly format the numbers in your selected cells. The first option you will ... (view more)

Wed

Aug

Hi-Tech Unveiling Planned For New US $5 Bill

by Carlo Orlando on August, 29 2007 at 08:08AM EDT

With the American dollar as the recognized measure of international currency in today's modern global economy, all eyes are expected to fall upon the unveiling of the new U.S. five dollar bill. But, unlike in previous years, The Bureau of Engraving ... and Printing is introducing the bill in a hi-tech way. The Bureau is expected to partake in a digital unveiling of the redesigned currency note. The new $5 bill will be shown to the entire world via a live Internet broadcast. The unveiling has been dubbed the "Wi-5" event. The broadcast will be hosted on the Bureau's website and a number of facts ... (view more)

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