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Digital Currency Revolution

NFT: Nike OF1 Non-Fungible Token Tops $1M Sale

May 27, 2023 11:13 am UTC| Business Digital Currency Investing

Nike Inc. recently released its new NFT collection via its .SWOOSH web3 platform and the sales for the non-fungible tokens were said to have already surpassed the $1 million mark. This is a major feat, especially...

Digital Currency Revolution

Cryptocurrency: South Korea Passes Bill for Officials to Declare Bitcoin Holdings

May 26, 2023 11:16 am UTC| Business Investing Digital Currency

South Korea reportedly passed a bill that requires legislators to reveal their crypto holdings. The new law was said to have been enacted due to concerns over conflict of interest. The South Korean government is calling...

Digital Currency Revolution

NFT: Axie Infinity Debuts on Apple’s App Store

May 19, 2023 10:21 am UTC| Business Investing Digital Currency

Axie Infinity, a non-fungible token-based online video game developed by Sky Mavis, is now on Apples App Store. The game is now on the app marketplace of the iPhone maker but available only in select markets at this...

Private equity: when big profits come at a heavy price for human rights

May 17, 2023 07:47 am UTC| Investing Economy

Private equity is an enormously powerful and wealthy industry that has a huge impact on the public and their human rights. As a sector, it holds around US$4.4 trillion (3.5 trillion) in assets, while in the US, one in...

Digital Currency Revolution

Cryptocurrency: Binance Pulls Out of Canada Due to New Policies

May 15, 2023 10:00 am UTC| Business Investing Digital Currency

Binance Holdings Ltd. is leaving Canada for now due to the new crypto policies that were imposed in the country. While it is ending its business there, the crypto exchange firm said it will continue to work with regulators...

Digital Currency Revolution

NFT: LG Electronics Files Patent to Bring NFTs to TV and Allow Digital Trading

May 15, 2023 09:29 am UTC| Business Investing Digital Currency

LG Electronics is seeking to bring non-fungible tokens (NFT) to its television sets thus, it has filed for a patent for this. The feature will allow users to trade NFTs through their LG TVs. It was reported that LG...

Digital Currency Revolution

Metaverse: SK Telecom Adds Seoul and Hollywood Tourist Spots in its ifland Metaverse

May 10, 2023 08:02 am UTC| Business Digital Currency Investing

SK Telecom Co. is offering something new to users of its ifland Metaverse platform. Users can easily visit famous landmarks in Los Angeles and Seoul as the telecom firm recreated and added the N Seoul Tower and Hollywood...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Bitfinex CTO Deems Database Breach Claims 'Fake' Amidst Hacker Allegations

Bitfinexs Chief Technology Officer Paolo Ardoino has cast doubts on claims of a database breach by hacker organization FSOCIETY, branding the allegations as fake. Ardoino refuted the purported leak of 22,500 user emails...

Walmart Spotted with Tesla Semi in California as True Launch Date Revealed

Walmarts adoption of a Tesla Semi hit the California highways, signaling the electric trucks expanding reach. The sighting follows Teslas revelation of a late 2025 and early 2026 launch window for the highly anticipated...

Altcoin Market Rally Predicted, Analysts Forecast $4 Trillion Market Cap Surge

Analysts are predicting a substantial rally in the altcoin market, with projections indicating a surge that could drive the market cap to an impressive $4 trillion. This optimistic outlook is supported by positive economic...

Shiba Inu's Remarkable 12% Surge Fueled by Record SHIB Burns, Community Momentum

Shiba Inus ascent reaches new heights as the cryptocurrency experiences a remarkable 12% surge, fueled by record-breaking SHIB burns. The surge reflects robust community engagement and underscores the dynamic nature of the...

Leak: Huawei's Kirin PC Chip, Qingyun Notebooks to Launch Next Month

Leaked information hinting at the imminent debut of the highly anticipated Kirin PC chip alongside the release of new Qingyun notebooks. The introduction of this computer-dedicated CPU marks a significant milestone for...