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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

Mother of All Deals: India & EU Seal Historic FTA After 20 Years

India and the European Union have agreed on January 27, 2026, a historic free trade agreement (FTA) covering almost two decades of on-and-off negotiations starting in 2007 and failing in 2013 due to market access and...

Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated

The Bank of England is widely expected to keep its benchmark interest rate unchanged at 3.75% during its February policy meeting, according to a recent Reuters poll of economists. All but two of the 56 economists surveyed...

OCBC Raises Gold Price Forecast to $5,600 as Structural Demand and Uncertainty Persist

OCBC Bank has revised its gold price forecast higher, projecting that bullion could reach $5,600 per ounce by the end of 2026, up from its earlier estimate of $4,800 per ounce. The updated outlook reflects the banks...

Thailand Economy Forecast Holds Steady as Exports, Tourism Face Global Pressures

Thailand Economy Forecast Holds Steady as Exports, Tourism Face Global Pressures Thailands economy is expected to grow by 2.0% this year, according to the finance ministry, which maintained its previous economic growth...

China’s Lending to Developing Countries Declines as Debt Repayments Rise, New Data Shows

Chinas position as a major financier to developing nations has undergone a significant shift over the past decade, according to new analysis released by the ONE Data initiative. Once a dominant source of development...

Politics

UK Politicians Call for Full Competition Review of Netflix’s Warner Bros Discovery Deal

More than a dozen UK politicians and former policymakers have urged the countrys competition watchdog to carry out a full and detailed review of Netflixs proposed acquisition of Warner Bros Discovery, according to a report...

EU-India Trade Deal Offers European Carmakers a New Opening in India’s Competitive Auto Market

European carmakers facing mounting pressure from U.S. tariffs and intense price competition in China are set to gain modest relief from a landmark EU-India trade deal that significantly reduces import duties on cars. The...

Trump Raises Tariffs on South Korean Autos, Escalating Trade Tensions Despite Prior Deal

U.S. President Donald Trump announced a sharp increase in tariffs on South Korean autos and other goods, intensifying trade tensions with one of Washingtons closest allies. The move, revealed on Monday, raises tariffs from...

Philippines and U.S. Conduct Joint Naval Exercises at Scarborough Shoal Amid South China Sea Tensions

The Philippine and United States militaries conducted a joint sail and maritime exercises this week at the disputed Scarborough Shoal in the South China Sea, underscoring the growing defense cooperation between the two...

Israel Recovers Remains of Last Gaza Hostage, Advancing U.S.-Backed Plan to End War

Israel announced on Monday that it has recovered the remains of Ran Gvili, the last remaining Israeli hostage held in Gaza, marking a major milestone in ongoing efforts to end the war in the Palestinian territory. The...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Alibaba-Backed Moonshot AI Unveils Kimi K2.5 to Challenge China’s AI Rivals

Alibaba-backed Chinese artificial intelligence startup Moonshot AI has officially released Kimi K2.5, the latest iteration of its flagship large language model, marking a significant step forward in Chinas fast-growing AI...

ASML’s EUV Monopoly Powers the Global AI Chip Boom

As artificial intelligence companies race to secure Nvidia chips to fuel the AI boom, Dutch semiconductor equipment maker ASML has cemented its position as one of the most critical players in the global chip supply chain....

California Governor Gavin Newsom Launches Review Into Alleged TikTok Content Suppression After U.S. Ownership Deal

California Governor Gavin Newsom has accused TikTok of suppressing content critical of President Donald Trump, prompting a state-level review into the platforms content moderation practices to determine whether they...

Micron to Expand Memory Chip Manufacturing Capacity in Singapore Amid Global Shortage

U.S. memory chip maker Micron Technology is preparing to announce a major new manufacturing capacity investment in Singapore, signaling an aggressive expansion to meet surging global demand for memory chips. According to...

Microsoft Wins Approval to Build 15 New Data Centers in Wisconsin

Microsoft Corporation (NASDAQ: MSFT) has taken another major step in expanding its data center footprint after receiving unanimous approval from local officials in Mount Pleasant, Wisconsin, to build 15 additional data...