Monday, June 25, 2018

Universal Currency (UNIT) Market Cap Reaches $2.60 Million

Universal Currency (CURRENCY:UNIT) traded down 4.2% against the U.S. dollar during the one day period ending at 23:00 PM Eastern on June 23rd. Universal Currency has a market cap of $2.60 million and $90,319.00 worth of Universal Currency was traded on exchanges in the last 24 hours. During the last seven days, Universal Currency has traded down 14.7% against the U.S. dollar. One Universal Currency coin can currently be bought for about $0.18 or 0.00003003 BTC on cryptocurrency exchanges including YoBit, CoinExchange, Bit-Z and Cryptopia.

Here is how similar cryptocurrencies have performed during the last 24 hours:

Get Universal Currency alerts: Emercoin (EMC) traded 2.3% lower against the dollar and now trades at $2.52 or 0.00041219 BTC. BitcoinDark (BTCD) traded 6.4% lower against the dollar and now trades at $46.64 or 0.00764265 BTC. Experience Points (XP) traded 16.3% higher against the dollar and now trades at $0.0001 or 0.00000001 BTC. Sprouts (SPRTS) traded down 4% against the dollar and now trades at $0.0000 or 0.00000000 BTC. Internet of People (IOP) traded 1.7% lower against the dollar and now trades at $0.79 or 0.00012955 BTC. Neutron (NTRN) traded 2.7% higher against the dollar and now trades at $0.0705 or 0.00001156 BTC. Breakout (BRK) traded down 2.3% against the dollar and now trades at $0.10 or 0.00001664 BTC. BitTokens (BXT) traded up 0.2% against the dollar and now trades at $0.53 or 0.00007883 BTC. ParkByte (PKB) traded flat against the dollar and now trades at $0.0233 or 0.00000382 BTC. PX (PX) traded flat against the dollar and now trades at $0.0010 or 0.00000015 BTC.

About Universal Currency

Universal Currency (CRYPTO:UNIT) is a PoW/PoS coin that uses the SHA-256 hashing algorithm. Its genesis date was May 1st, 2015. Universal Currency’s total supply is 18,309,275 coins and its circulating supply is 14,209,275 coins. Universal Currency’s official Twitter account is @UnitCurrency and its Facebook page is accessible here. Universal Currency’s official website is www.u-currency.com.

According to CryptoCompare, “PoS mining�starts at block 10001 “

Buying and Selling Universal Currency

Universal Currency can be bought or sold on the following cryptocurrency exchanges: Cryptopia, YoBit, Bit-Z and CoinExchange. It is usually not currently possible to buy alternative cryptocurrencies such as Universal Currency directly using US dollars. Investors seeking to acquire Universal Currency should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Universal Currency using one of the aforementioned exchanges.

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Sunday, June 24, 2018

Facebook��s ��lack of accountability�� spurs European fund to dump shares

The sustainability practice of a large European asset management firm is banning investments in Facebook shares.

Nordea's head of group sustainable finance, Sasja Beslik, explained the decision on social media Thursday.

"Nordea has decided to exclude Facebook from the Nordea Stars Funds' investments," he said in a tweet.

The company's Stars Funds invest in companies with "top-of-class environmental, social responsibility and governance profiles."

Beslik said the move came after Nordea conducted an investigation into the Cambridge Analytica data scandal and Facebook's responses to it.

Facebook shares declined by more than 10 percent in March after media coverage that data from tens of millions of Facebook profiles were improperly accessed by research firm Cambridge Analytica before the 2016 election. The data mishandling spurred international probes, an internal audit and an overhaul of Facebook's privacy policies. The company has admitted it didn't do enough to protect users' privacy and vowed to improve.

Facebook's stock has since recovered all of those losses.

"The investigations have revealed a lack of accountability over data security/data sharing infrastructure of the platform, lack of transparency and a reactive behavior combined with increased scrutiny from regulators and stakeholders," Beslik said.

Tweet Link

In March, Nordea announced it put a "temporary hold" on new investments in Facebook for three months in its Stars Funds. At the time Facebook represented a 1.98 percent position in the company's Nordea Global Stars fund. In a tweet Thursday, Beslik said it had divested of its Facebook shares.

Nordea had 330 billion euros ($382 billion) of assets under management at year-end 2017, according to its website.

Facebook did not immediately respond to a request for comment.