Tootfinder

Trade Networks and the Rise of a Global Currency
Tomoo Kikuchi, Lien Pham
https://arxiv.org/abs/2505.22080 https://arxiv.org/pdf/2505…

Trade Networks and the Rise of a Global Currency
We develop a model of strategic competition between global currencies. Issuers choose their commitment levels for currency internationalization, while users -- interconnected in a trade network -- choose their usage of each currency for trade settlement. Our theoretical findings highlight not only the advantage of the status-quo issuer in maintaining dominance, but also the conditions under which an emerging issuer can attract users, potentially leading to a multi-currency payment system. The n…

It's impressive how much crypto theft can be automated using ChatGPT to monitor wallets and then automatically pluck out currency.
North Korean hackers automate crypto crime with ChatGPT
https://cointelegraph.com/magazine/chatgp…

I'm baffled that this guy is a respected analyst. Yeah, an infinite number of AI agents will spend their money on content from human creators, making those humans infinitely rich. I see no flaws in this model.

Replaced article(s) found for q-fin.MF. https://arxiv.org/list/q-fin.MF/new
[1/1]:
- Cross-Currency Basis Swaps Referencing Backward-Looking Rates
Yining Ding, Ruyi Liu, Marek Rutkowski

As the Dollar Slides, the Euro Is Picking Up Speed (Eshe Nelson/New York Times)
https://www.nytimes.com/2025/07/22/business/euro-dollar-currency-tariffs.html
http://www.memeorandum.com/250722/p152#a250722p152

"Bitcoin boom comes with huge intensifying environmental footprint"
#Bitcoin #Environment #Crypto #Climate

Bitcoin boom comes with huge intensifying environmental footprint
While much has been written about bitcoin, many people still find it a hard topic to comprehend, even as promoters like U.S. President Donald Trump rave about it being a revolutionary digital currency that will rapidly replace hard currency. However, unlike money, there’s currently no bank or government to back up, insure and regulate bitcoin, […]

CEO C.C. Wei says TSMC expects record profit in 2025 despite geopolitical, tariff, and FX risks, and confirms it's not building a fab in the Middle East (Cheng Ting-Fang/Nikkei Asia)
https://asia.nikkei.com/Business/Tech/

TSMC expects record 2025 profit despite US tariffs, currency volatility
World's top chipmaker mulls price hike to mitigate $3bn forex impact

Someone signs up on my instance...
Immediately posts an article talking about their "cool new game"...
"cool new game" is a gambling game where the player bets real FIAT currency...
Clearly the user didn't bother to read my TOS which clearly state that any gambling sites will be result in an immediate block. _sighs_

Replaced article(s) found for cs.PL. https://arxiv.org/list/cs.PL/new
[1/1]:
- A Sound Type System for Secure Currency Flow
Luca Aceto, Daniele Gorla, Stian Lybech
…

Imitation and Heterogeneity Shape the Resilience of Community Currency Networks
Camilla Ancona, Dora Ricci, Carmela Bernardo, Francesco Lo Iudice, Anton Proskurnikov, Francesco Vasca
https://arxiv.org/abs/2507.02678

Imitation and Heterogeneity Shape the Resilience of Community Currency Networks
Community currency networks are made up of individuals and or companies that share some physical or social characteristics and engage in economic transactions using a virtual currency. This paper investigates the structural and dynamic properties of such mutual credit systems through a case study of Sardex, a community currency initiated and mainly operating in Sardinia, Italy. The transaction network is modeled as a directed weighted graph and analyzed through a graph theoretic framework focus…

CASPER: Contrastive Approach for Smart Ponzi Scheme Detecter with More Negative Samples
Weijia Yang, Tian Lan, Leyuan Liu, Wei Chen, Tianqing Zhu, Sheng Wen, Xiaosong Zhang
https://arxiv.org/abs/2507.16840

CASPER: Contrastive Approach for Smart Ponzi Scheme Detecter with More Negative Samples
The rapid evolution of digital currency trading, fueled by the integration of blockchain technology, has led to both innovation and the emergence of smart Ponzi schemes. A smart Ponzi scheme is a fraudulent investment operation in smart contract that uses funds from new investors to pay returns to earlier investors. Traditional Ponzi scheme detection methods based on deep learning typically rely on fully supervised models, which require large amounts of labeled data. However, such data is often…

Sheesh what morons. There is utterly no value, nor need for, crypto currencies, not even the "stable" forms - which are really nothing more than a non-Federal Reserve issued currency that erodes the Fed's ability to control the money supply to fight inflation and recession.
That is, except for criminals, who believe that block chains hide their identities.

Trump signs 1st major federal cryptocurrency bill into law
The law makes it easier for banks to issue stablecoins.

I had a bitbuy account long time ago (back when there might have been legit reasons for #crypto) and I guess I never closed it.
But wtf. We're going after the youth market now are we? Yes, I choose my currency and investments based on how cute/fun the mascot is. :(

#til
The built in calculator app on the iPhone can do all sorts of conversions.
Long-press the icon at bottom left and you get a pop-up menu. Slide the toggle on and the default $ to € currency converter appears. There’s a bazillion other currencies available too. But you can also choose among 15 other unit conversions, like weights, energy, force, pressure.

The dollar sank to its lowest level in more than three years on Thursday
and the FTSE 100 closed at a record high as Donald Trump’s latest trade threats and the weakening economy appeared to bring forward interest rate cuts by the Federal Reserve.
Foreign exchange traders sold the dollar in favour of the yen and the euro,
which both climbed by about 1% against the US currency to leave it almost 10% down on its value against a basket of currencies since the beginning of the …

Central Bank Digital Currency: Demand Shocks and Optimal Monetary Policy
Hanfeng Chen, Maria Elena Filippin
https://arxiv.org/abs/2507.15048 https://

Central Bank Digital Currency: Demand Shocks and Optimal Monetary Policy
We study the implications of a central bank digital currency (CBDC) for the transmission of household preference shocks and for welfare in a New Keynesian framework where the CBDC competes with bank deposits for household resources and banks have market power. We show that an increase in the benefit of CBDC has a mildly expansionary effect, weakening bank market power and significantly reducing the deposit spread. As households economize on liquid asset holdings, they reduce both CBDC and depos…

President Trump signs the GENIUS Act, and says the first federal bill to regulate stablecoins will "secure the dollar's status as the world's reserve currency" (Bloomberg)
https://www.bloomberg.com/news/articles/20

Hybrid Monetary Ecosystems: Integrating Stablecoins and Fiat in the Future of Currency Systems
Hongzhe Wen, Songbai Li
https://arxiv.org/abs/2505.10997 htt…

Hybrid Monetary Ecosystems: Integrating Stablecoins and Fiat in the Future of Currency Systems
With market capitalization exceeding USD 200 billion as of early 2025, stablecoins have evolved from a crypto-focused innovation into a vital component of the global monetary structure. This paper identifies the characteristics of stablecoins from an analytical perspective and investigates the role of stablecoins in forming hybrid monetary ecosystems where public (fiat, CBDC) and private (USDC, USDT, DAI) monies coexist. Through econometric analysis with multiple models, we find that stablecoin…

Eleven Theses on Technological Hype as Capital:
https://interregnum.ghost.io/eleven-theses-on-technological-hype-as-capital/

Eleven Theses on Technological Hype as Capital
Hype is a kind of currency in the tech world, and when so much of the market for innovation depends on speculation, all kinds of monsters appear. Vassilis Galanos theorises this hype as a form of capital.

Replaced article(s) found for cs.ET. https://arxiv.org/list/cs.ET/new
[1/1]:
- Quantum-Resilient Privacy Ledger (QRPL): A Sovereign Digital Currency for the Post-Quantum Era
Serhan W. Bahar

Mitigating Financial Frictions in Agriculture: A Framework for Stablecoin Adoption
Xinyu Li
https://arxiv.org/abs/2507.14970 https://…

Mitigating Financial Frictions in Agriculture: A Framework for Stablecoin Adoption
Persistent financial frictions - including price volatility, constrained credit access, and supply chain inefficiencies - have long hindered productivity and welfare in the global agricultural sector. This paper provides a theoretical and applied analysis of how fiat-collateralized stablecoins, a class of digital currency pegged to a stable asset like the U.S. dollar, can address these long-standing challenges. We develop a farm-level profit maximization model incorporating transaction costs an…

The Rich Get Richer in Bitcoin Mining Induced by Blockchain Forks
Akira Sakurai, Kazuyuki Shudo
https://arxiv.org/abs/2506.13360 https://

The Rich Get Richer in Bitcoin Mining Induced by Blockchain Forks
Bitcoin is a representative decentralized currency system. For the security of Bitcoin, fairness in the distribution of mining rewards plays a crucial role in preventing the concentration of computational power in a few miners. Here, fairness refers to the distribution of block rewards in proportion to contributed computational resources. If miners with greater computational resources receive disproportionately higher rewards, i.e., if the Rich Get Richer (TRGR) phenomenon holds in Bitcoin, it …

The US Senate confirms Jonathan Gould to lead the Office of the Comptroller of the Currency; Gould was previously the chief legal officer at Bitfury (Sarah Wynn/The Block)
https://www.theblock.co/post/362071/senate-confirm…

Price equilibria with positive margins in loyal-strategic markets with discrete prices
Gurkirat Wadhwa, Akansh Verma, Veeraruna Kavitha, Priyank Sinha
https://arxiv.org/abs/2506.17239

Price equilibria with positive margins in loyal-strategic markets with discrete prices
In competitive supply chains (SCs), pricing decisions are crucial, as they directly impact market share and profitability. Traditional SC models often assume continuous pricing for mathematical convenience, overlooking the practical reality of discrete price increments driven by currency constraints. Additionally, customer behavior, influenced by loyalty and strategic considerations, plays a significant role in purchasing decisions. To address these gaps, this study examines a SC model involvin…

Can Artificial Intelligence Trade the Stock Market?
J\k{e}drzej Maskiewicz, Pawe{\l} Sakowski
https://arxiv.org/abs/2506.04658 https://

Can Artificial Intelligence Trade the Stock Market?
The paper explores the use of Deep Reinforcement Learning (DRL) in stock market trading, focusing on two algorithms: Double Deep Q-Network (DDQN) and Proximal Policy Optimization (PPO) and compares them with Buy and Hold benchmark. It evaluates these algorithms across three currency pairs, the S&P 500 index and Bitcoin, on the daily data in the period of 2019-2023. The results demonstrate DRL's effectiveness in trading and its ability to manage risk by strategically avoiding trades in unfavorab…

The Rich Get Richer in Bitcoin Mining Induced by Blockchain Forks
Akira Sakurai, Kazuyuki Shudo
https://arxiv.org/abs/2506.13360 https://

The Rich Get Richer in Bitcoin Mining Induced by Blockchain Forks
Bitcoin is a representative decentralized currency system. For the security of Bitcoin, fairness in the distribution of mining rewards plays a crucial role in preventing the concentration of computational power in a few miners. Here, fairness refers to the distribution of block rewards in proportion to contributed computational resources. If miners with greater computational resources receive disproportionately higher rewards, i.e., if the Rich Get Richer (TRGR) phenomenon holds in Bitcoin, it …

Currents Beneath Stability: A Stochastic Framework for Exchange Rate Instability Using Kramers Moyal Expansion
Yazdan Babazadeh Maghsoodlo, Amin Safaeesirat
https://arxiv.org/abs/2507.01989

Currents Beneath Stability: A Stochastic Framework for Exchange Rate Instability Using Kramers Moyal Expansion
Understanding the stochastic behavior of currency exchange rates is critical for assessing financial stability and anticipating market transitions. In this study, we investigate the empirical dynamics of the USD exchange rate in three economies, including Iran, Turkey, and Sri Lanka, through the lens of the Kramers-Moyal expansion and Fokker-Planck formalism. Using log-return data, we confirm the Markovian nature of the exchange rate fluctuations, enabling us to model the system with a second-o…

EU-Kommission und EZB werden laut Insidern in Kürze das OK geben, dass Bulgarien per 1.1.2026 den Euro einführen kann.
Das Land wird damit das 21. Mitglied der Währungsunion.
#Euro #EU #EUpol #Bulgarien #EZB

Epass: Efficient and Privacy-Preserving Asynchronous Payment on Blockchain
Weijie Wang, Jinwen Liang, Chuan Zhang, Ximeng Liu, Liehuang Zhu, Song Guo
https://arxiv.org/abs/2506.09387

Epass: Efficient and Privacy-Preserving Asynchronous Payment on Blockchain
Buy Now Pay Later (BNPL) is a rapidly proliferating e-commerce model, offering consumers to get the product immediately and defer payments. Meanwhile, emerging blockchain technologies endow BNPL platforms with digital currency transactions, allowing BNPL platforms to integrate with digital wallets. However, the transparency of transactions causes critical privacy concerns because malicious participants may derive consumers' financial statuses from on-chain asynchronous payments. Furthermore, th…

Who's in? Household-targeted Government Policies and the Role of Financial Literacy in Market Participation
Maria Elena Filippin
https://arxiv.org/abs/2506.12575

Who's in? Household-targeted Government Policies and the Role of Financial Literacy in Market Participation
This paper examines how household-targeted government policies influence financial market participation conditional on financial literacy, focusing on potential Central Bank Digital Currency (CBDC) adoption. Due to the lack of empirical CBDC data, I use the introduction of retail Treasury bonds in Italy as a proxy to investigate how financial literacy affects households' likelihood to engage with the new instrument. Using the Bank of Italy's Survey on Household Income and Wealth, I explore how …

Cutting the Geopolitical Ties: Foreign Exchange Reserves, GDP and Military Spending
Boris Podobnik, Dorian Wild, Dejan Kovac
https://arxiv.org/abs/2507.05856

Cutting the Geopolitical Ties: Foreign Exchange Reserves, GDP and Military Spending
We show that the amount of foreign exchange reserves (FER) in the world in a given currency is highly correlated with the GDP and military spending of that country for a set of western economies during the last 20 years. Taking into account multicollinearity, Ridge and Lasso regressions reveal that the Foreign Exchange Reserve is better explained by military spending than GDP for seven western currencies. For each year shown, military spending is statistically significant more than the monetary…

Replaced article(s) found for q-fin.GN. https://arxiv.org/list/q-fin.GN/new/
[1/1]:
Hybrid Monetary Ecosystems: Integrating Stablecoins and Fiat in the Future of Currency Systems