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Digital currency or digital money is an Internet-based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Like traditional money these currencies may be used to buy physical goods and services but could also be restricted to certain communities such as for example for use inside an on-line game or social network. In this series, we cover stories and provide insightful analysis of the digital currencies such as bitcoin with no central point of control over the money supply.

Digital Currency Revolution

What is Bitcoin's fundamental value?

Nov 13, 2021 07:44 am UTC| Digital Currency Investing

As it hits new highs, there is no shortage of bold predictions about Bitcoin reaching US$100,000 or more. Often these are based on not much more than extrapolations by people with vested interests: the price has gone up...

Digital Currency Revolution

Brazil to launch Bitcoin as a legal payment currency

Oct 08, 2021 09:47 am UTC| Economy Digital Currency

Bitcoin will soon be accepted as a legal currency in Brazil, and this was revealed by the countrys own Federal Deputy, Aureo Ribeiro. Based on the reports, the government official said that soon, citizens of Brazil would...

Digital Currency Revolution

What is decentralized finance?

Aug 06, 2021 09:40 am UTC| Economy Digital Currency

Fervent proponents of cryptocurrencies and the blockchains they run on have promised a lot. To them, these technologies represent salvation from corporate power over the internet, government intrusions on liberty,...

Digital Currency Revolution

Crypto banks' savings rates are ten times greater than high street, but are they safe?

Jun 20, 2021 12:04 pm UTC| Digital Currency

Leading crypto banks such as BlockFi and Nexo are attracting a lot of attention. Customers can earn an APY (annual percentage yield) of up to 12%, dwarfing high-street savings accounts, whose interest rates are sub-1%. But...

Digital Currency Revolution

Can Bitcoin become a real currency? Here's what's wrong with El Salvador's crypto plan

Jun 14, 2021 04:04 am UTC| Digital Currency Investing

Nayib Bukele, president of El Salvador, has got himself a pair of laser eyes on his Twitter profile at least. Laser eyes are something social media users give themselves to show they love cryptocurrency and Bukele...

Digital Currency Revolution

Bitcoin: China's crackdown isn't enough – only a global effort can stop crypto's monstrous energy demand

Jun 08, 2021 12:31 pm UTC| Digital Currency

Huge concrete data centres, permanently plugged into power plants and telephone exchanges, maintain much of online life. But the infrastructure behind internet-based cryptocurrencies such as bitcoin, dogecoin and ethereum...

Digital Currency Revolution

What Elon Musk's bitcoin U-turn means for the future of crypto

May 16, 2021 11:29 am UTC| Digital Currency Investing

Teslas relationship with cryptocurrencies has been a stop-start rollercoaster. In February, the electric vehicle manufacturer announced it had purchased US$1.5 billion (1.1 billion) of bitcoin and planned to accept the...

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Economy

Honda issues recall for 725,000 SUVs and trucks in the US

Honda recalls around 725,000 units of vehicles after the discovery of an issue with the hoods. It was reported that the mentioned car part could pop open without warning while on the road. Honda said the issue affects...

Kakao enters healthcare business, deepening rivalry with Naver

Kakao has entered the digital healthcare business, and this will surely expand its rivalry with Naver Corp. that is already operating its medical service business. The company recently formed a team that includes medical...

Adidas promotes Star Wars gear ahead of The Book of Boba Fett series this December

Adidas is promoting its Star Wars collection inspired by the legendary galactic bounty hunter, Boba Fett, featuring a pair of his Firebird Track Pants, ahead of its upcoming The Book of Boba Fett series at Disney+ on...

Amazon invests in fractional sports trading card, NFT marketplace Dibbs

Amazon is getting into sports collectibles by investing in fractional marketplace Dibbs, which recently launched a feature allowing users to sell stakes in their items with each other. The terms of Amazons investment...

Politics

Donald Trump lawsuit: Judge grills attorney for ex-POTUS' comments in rape defamation lawsuit

Amongst the slew of lawsuits and legal battles against twice-impeached, former President Donald Trump is the rape defamation case filed by columnist E. Jean Carroll. Last week, a federal appeals court heard the oral...

Afghanistan: West criticizes Taliban for 'summary killings' despite amnesty pledge

The Taliban is looking to gain international recognition as the new leaders of Afghanistan through the promise of presenting a more moderate approach to governing. However, the recent reports of killings have led a group...

Capitol riots: Insurrectionist asks courts for permission to attend wedding in Cancun ahead of sentencing

Hundreds of the members of the pro-Trump mob that stormed the Capitol were arrested and charged by the feds since the insurrection. One insurrectionist recently made a bizarre request to the courts, asking for permission...

Nancy Pelosi condemns Rep. Lauren Boebert's attacks against Rep. Ilhan Omar

The recent Islamophobic attacks that Colorado GOP Rep. Lauren Boebert made against Democratic Rep. Ilhan Omar have also led to internal squabbles in the House Republican caucus. House Speaker Nancy Pelosi blasted Boeberts...

Science

New study shows drinking coffee, tea may reduce risk of dementia, stroke

Coffee and tea drinkers had lower risks of dementia and stroke, according to a study published in Plos Medicine in November 2021. This study involved 365,682 participants aged 50 to 74 years from the UK...

Doosan Robotics launches collaborative robot cafe

Doosan Robotics Co. has produced an unmanned modular robot cafe, which refers to a robot that can work with a human. The unmanned modular robot cafe is 1.8 meters wide, 1.59 meters long, and 1.85 meters high. Doosan...

Nissan to roll out unmanned vehicle for traversing the moon's surface

Nissan Motor Co. rolled out on Dec.2 an unmanned rover prototype to operate on the moon using its electric cars all-wheel-control technology to let it operate under harsh conditions. The Japan Aerospace Exploration...

S. Korean researchers find use for apple peel and crab apple as natural pigment

South Koreas Apple Use Research Institute has developed a reddish natural pigment extraction and recycling method using wasted apple peel and crab apples. Apple peel contains the reddish natural pigments called...

Pigeons consider safety, food availability in picking where to perch

Pigeons consider safety and food availability in picking where to perch, according to Keio University professor emeritus of animal behavior, Shigeru Watanabe. The finding could help cities manage pigeon...

Technology

Report: Sony PlayStation to introduce an Xbox Game Pass rival in spring 2022

Sony is reportedly planning to introduce a video game subscription service that would rival Xbox Game Pass. However, it would also phase out PlayStation Now in the process. Microsofts Xbox Game Pass service has earned...

Apple could announce new top-tier iMac and first Mac Pro with Apple silicon in 2022

Apple is anticipated to make another huge wave of announcements for 2022, especially for its Mac line. The company is expected to announce a new top-tier iMac, as well as the first Mac Pro powered by its in-house...

Meta is expanding the Facebook Protect program to more users

Meta appears to be making more effort to push Facebook users handling high-profile pages to enable Facebook Protect features. Those who fail to turn on the safety tools might risk getting locked out of their...

Samsung Galaxy A73 could sport a 108MP main camera and launch in December

Renders allegedly showing the design of the upcoming Galaxy A73 surfaced recently, and it appears that Samsung is not planning a significant redesign. However, several notable changes in the technical specifications were...
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