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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

Chamber Of Digital Commerce To Offer 30 Diversity Scholarships For DC Blockchain Summit

Feb 22, 2016 09:01 am UTC| Digital Currency

The Chamber of Digital Commerce, the first Washington, DC-based trade association representing the digital asset industry, is holding DC Blockchain Summit at Georgetown University on March 3, 2016. It will bring together...

Digital Currency Revolution

US Bankruptcy Judge: Bitcoin Is Intangible Personal Property Not Cash

Feb 22, 2016 08:00 am UTC| Digital Currency Law

During a hearing held last Friday, a bankruptcy court judge said that bitcoin is property not cash. The hearing relates to a suit filed by the trustee of bankrupt bitcoin mining firm HashFast Michael Kasolasagainst Marc...

Digital Currency Revolution

Bitcoin Roundtable Reaches Consensus: Hard-Fork Code To Be Available By July 2016, Activation By July 2017

Feb 22, 2016 06:33 am UTC| Digital Currency

Just a few days back, Bitcoin Roundtable, a community of bitcoin businesses, exchanges, wallets, miners, and mining pools, released aletterrejecting contentious hard-fork proposal and coming out in support of Segregated...

Digital Currency Revolution

Blockchain Startup Chainalysis Raises $1.6 Mln; Signs MoU With Europol

Feb 22, 2016 05:20 am UTC| Digital Currency

Chainalysis Inc., ablockchain startup based in New York, has announced that it has raised $1.6 million in a seed funding round led by Point Nine Capital. Techstars, Digital Currency Group, Funders Club, and Converge VP...

Digital Currency Revolution

PwC Appoints Former UK Regulator To Explore Blockchain Potential

Feb 22, 2016 05:00 am UTC| Digital Currency

PricewaterhouseCoopers(PwC), one of the Big four companies, has been consistently making efforts towards blockchain research. It announcedthe appointment of a new team comprising of 15 leading technology experts who will...

Digital Currency Revolution

Leading-Edge Information on Smart Contracts, Payments and More at the Chicago ATB Blockchain Event

Feb 19, 2016 23:12 pm UTC| Digital Currency

A newly updated agenda has been issued for The Mankoff Companys After the Bell Panel Discussion on Blockchain: Beyond the Hype. To be held in Chicago on February 24th, this hour-long panel followed by a networking...

Digital Currency Revolution

Bitcoin's Rapid Growth Likely To Continue Across the Board

Feb 19, 2016 12:44 pm UTC| Insights & Views Digital Currency

Bitcoins journey from 2009 has been long and difficult, but over the last 6 months itsdollar pricehas risen by nearly 100% - from $209.13 onAugust 24thto $403.74 on February 16th. Although its popularity has essentially...

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Economy

Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows

Asian currencies strengthened slightly on Friday as traders grew more confident that the U.S. Federal Reserve will cut interest rates next week. The US Dollar Index slipped 0.1% in Asian hours, hovering near a one-month...

Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market

Oil prices traded mostly steady in Asia on Friday, holding on to gains from the previous session as geopolitical uncertainty and growing expectations of a U.S. Federal Reserve rate cut continued to support sentiment. As of...

BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague

Investors hoping the Bank of Japan will reveal clearer guidance on how high interest rates might rise may be disappointed, according to several former BOJ officials. Governor Kazuo Uedas recent hawkish tone has pushed...

Putin in Delhi: Assessing the Stakeholders. A Comprehensive Examination of Defence, Energy, and Aspirations for Export Expansion."

With discussions spanning new S-400 regiments, cooperative Su-57 fighter and hypersonic technology, and long-term agreements on Russian crude, LNG, and nuclear initiatives, Putins visit to Delhi places defence and energy...

Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets

Most Asian currencies held steady on Thursday after modest gains, as markets continued to price in the possibility of a Federal Reserve rate cut next week. The US Dollar Index edged 0.1% higher following an overnight dip...

Politics

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

Cuban authorities announced that the island is intensifying its fight against narcotics trafficking in the Caribbean, emphasizing ongoing cooperation with the U.S. Coast Guard despite heightened political tensions and an...

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

An Irish naval vessel detected as many as five drones operating close to the flight path of Ukrainian President Volodymyr Zelenskiys aircraft as he arrived in Ireland for a state visit, according to local media reports on...

Australia Progresses AUKUS Review as U.S. Affirms Strong Support

Australia is moving forward with the newly received United States review of the AUKUS nuclear-powered submarine partnership, signalling renewed confidence in the trilateral defence pact with the U.S. and the United...

Trump Administration Tightens H-1B Visa Vetting With New Focus on Free Speech and Censorship

The Trump administration has introduced stricter vetting measures for H-1B visa applicants, targeting professionals in highly skilled fields often recruited by major U.S. tech companies. According to an internal State...

China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai

Taiwan President Lai Ching-te has urged Chinese President Xi Jinping to direct his focus toward revitalizing Chinas weakening economy rather than pursuing territorial expansion, highlighting widening economic contrasts...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...