Friday, April 26, 2024
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Researchers develop Crypto Literacy Scale to measure consumer financial awareness

A trio of researchers from the University of Cincinnati recently developed a Crypto Literacy Scale (CLS) to help standardize and measure economic and financial knowledge as it relates to consumer and policy-maker understanding of cryptocurrencies and related technology.The team’s research paper, titled “Measuring Crypto Literacy,” details the gap between traditional

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FedEx Pumps Full-Year 2023 Earnings Expectation as Cost-Cutting Measure Improves Financial Performance

FedEx has hiked its 2023 earnings forecast as expenses have started reducing due to the cost-cutting initiative. Transport company FedEx (NYSE: FDX) has increased its expectation for 2023 earnings following the benefits it recorded from its cost-cutting initiative. The company said the cost-cutting measure addressed the continued demand weakness across

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The True Measure of Bitcoin’s Success Is Bitcoin’s Price, Not Its Intrinsic Value

In her ”3 Reasons I’m Investing in Bitcoin,” Lyn Alden puts it best, “Although it has no industrial use, [bitcoin] is scarce, durable, portable, divisible, verifiable, storable, fungible, salable and recognized across borders, and therefore has the properties of money. Like all ‘potential’ money, though, it needs sustained demand to

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Education is best protection measure in blockchain tech, says Binance chief CZ

Binance founder and CEO Changpeng Zhao highlighted the importance of education among users of blockchain technology during his keynote speech at Blockchain Week in Busan, South Korea on Thursday.“[Blockchain] technology has a very far-reaching impact,” said Zhao, adding that it will change how business models are shaped. “And because of

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Indian Govt Submits Bill That Would Ban Most Cryptocurrencies, Dashing Hopes for Friendlier Measure

The Indian government still seeks to ban most cryptocurrencies under a long-awaited cryptocurrencies bill submitted for consideration at Parliament’s so-called Winter Session.While the measure appears to be essentially the same as the draft bill submitted in January, expectations had grown in recent months that the government had softened its view

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Bitcoin Climbs Above $47K Amid Stock Market Weakness, Eyes Fed’s Preferred Measure of Inflation — CoinDesk

As of 11:16 UTC, the cryptocurrency was trading 8% higher on the day near $47,400. The broader crypto market is also positive, with native cryptocurrencies of smart-contract blockchains like VeChain, Tezos, and Elrond gaining more than 8%. Ethereum’s ether traded 7% higher at $3,245. Source

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