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Digital Currency Revolution

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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

SEC Closely Monitoring Proliferation Of Blockchain Technology, Chairwoman White Says

Apr 04, 2016 05:26 am UTC| Digital Currency

Speaking at the SECs and Rock Centers Silicon Valley Initiative, the chair of the Securities and Exchange Commission (SEC) shed light on how the SEC is monitoring and responding to developments in the private markets, as...

Digital Currency Revolution

Caribbean Bitcoin Startup Bitt Receives Funding From Overstock

Apr 04, 2016 04:34 am UTC| Digital Currency

Online retailer Overstock.com, Inc. has made a strategic investment in a Caribbean-based financial technology firm Bitt.com. Overstock.com is investing $4 million in Bitt initially. The announcement was made at a media...

Digital Currency Revolution

The "halving" sounds like a horror story and may well turn out to be one for Bitcoin

Apr 03, 2016 23:32 pm UTC| Digital Currency

Bitcoin relies on the participation of people and organisations to act as the bankers of the system. Called Bitcoin miners, they effectively record each transaction on a ledger called the Blockchain and in return, they are...

Digital Currency Revolution

Report – Ransomware Attacks Likely To Soar; Cryptocurrency May Fuel Largest Crimewave in Modern History

Apr 01, 2016 12:20 pm UTC| Digital Currency

Ransomware attacks can be regarded as the dark side of the ongoing technological revolution. Ransomware encrypts files, so that people can no longer access their data and demands payment for decrypting the files. These...

Digital Currency Revolution

Citi Discusses Digital Disruption, Says Blockchain Still A ‘Bleeding Edge’ Technology

Apr 01, 2016 11:52 am UTC| Digital Currency

US bank Citi has released a new report discussing how fintech revolution is forcing banking system to a tipping point. Titled Digital Disruption, the report among other things, tries to answer the question Blockchain: The...

Digital Currency Revolution

US Bank Regulator’s Vision For Responsible Innovation Includes Distributed Ledger Technology

Apr 01, 2016 10:58 am UTC| Digital Currency

The US Office of Comptroller of the Currency (OCC) has released a new white paper that describes its vision for responsible innovation in federal banking system. The paper entitled Supporting Responsible Innovation in...

Digital Currency Revolution

Bitcoin Standard Would Not Last Long, Says Bank of Canada Researcher

Apr 01, 2016 10:10 am UTC| Digital Currency Central Banks

Warren E. Weber, Research Consultant, Bank of Canada, has published a new working paper that envisions a world in which countries are on the Bitcoin standard, a monetary system in which all media of exchange are Bitcoin or...

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Economy

Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation

Morgan Stanley believes the Federal Reserve will push forward with interest rate cuts in 2026, even as rising oil prices temporarily inflate headline inflation figures. According to the banks analysts, the current...

China's Energy Resilience Shields Economy From Global Oil Shock, Goldman Sachs Says

Goldman Sachs analysts believe China is among the best-positioned major economies to weather the current oil price shock stemming from escalating Middle East tensions, citing the countrys diversified energy strategy,...

Iran's Stranglehold on the Strait of Hormuz: What It Means for Global Markets

U.S. intelligence assessments now confirm that Iran has no intention of loosening its grip on the Strait of Hormuz anytime soon. Tehran views control over this critical oil corridor as its most powerful bargaining chip...

Vietnam GDP Growth Slows in Q1 2026 Amid Middle East Oil Crisis

Vietnams economy posted solid but slower growth in the first quarter of 2026, with GDP expanding 7.83% year-on-year, down from 8.46% in the previous quarter, according to the National Statistics Office. While the figure...

March 2025 Jobs Report: Strong Headline Numbers Hide Deeper Economic Concerns

The U.S. labor market showed resilience in March 2025, with employment growth rebounding sharply after a sluggish February and the unemployment rate dipping unexpectedly to 4.3%. However, beneath the encouraging surface,...

Politics

Iran Rejects Trump's Hormuz Ultimatum, Threatens Wider Trade Disruption

Iran has firmly pushed back against U.S. President Donald Trumps latest threats over the Strait of Hormuz, dismissing his ultimatum and introducing new conditions that could further destabilize global trade routes. The...

Trump Issues Deadline for Iran to Reopen Strait of Hormuz Amid Escalating Conflict

President Donald Trump has set an 8:00 p.m. Eastern Time Tuesday deadline for Iran to reopen the Strait of Hormuz, one of the worlds most critical oil shipping routes, warning of severe military consequences if the demand...

U.S. Commandos Execute Daring Rescue Mission Deep Inside Iran

In one of the most audacious military operations in recent American history, U.S. special operations forces successfully extracted a stranded American weapons specialist from deep within Iranian territory. The mission,...

Ukraine Launches Massive Drone Offensive Across Russia, Knocking Out Power to Hundreds of Thousands

Russias military reported intercepting 148 Ukrainian drones within a three-hour window on Sunday evening, marking one of the more significant aerial campaigns in recent months. Air defence units neutralized the unmanned...

Trump Eyes Cabinet Shake-Up Amid Iran War Political Fallout

President Donald Trump is weighing a significant cabinet reshuffle as political pressure mounts over the ongoing U.S.-Iran conflict, according to Reuters, citing sources close to internal White House deliberations. The...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...

Australia's Social Media Ban for Under-16s Sparks Global Movement

Australias landmark social media ban for users under 16, which took effect in December, is reshaping digital policy conversations worldwide. Countries including Spain and Malaysia have signaled interest in adopting similar...