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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

European Central Bank Undertakes Blockchain Research

Feb 18, 2016 06:38 am UTC| Digital Currency

The European Central Bank (ECB), in a new consultation report, has said that it is investigatingthe potential of the blockchain and distributed ledger technologies to be used for the different services that it provides to...

Digital Currency Revolution

Dubai Government Shows Interest In Blockchain Technology

Feb 18, 2016 06:10 am UTC| Digital Currency

Dubai Museum of the Future Foundation (MOTF) has announced the establishment of the Global Blockchain Council in order to explore the blockchain technology; discuss current and future applications; and organize...

Digital Currency Revolution

Accenture Announces Specialized Blockchain Practice for Financial Services Industry

Feb 18, 2016 05:26 am UTC| Digital Currency

Accenture, a multinational management consulting services company, has announced the launch of a specialized practice within its financial services group to help institutions implement blockchain technology in order to...

Digital Currency Revolution

MtGox Creditors See Some Relief, Around 8k Claims Approved

Feb 18, 2016 04:49 am UTC| Digital Currency

Kraken, one of the leading bitcoin exchanges, announced on Wednesday that significant progress has been made in the investigation into claims from creditors of MtGox. MtGox, founded in 2010, was the leading bitcoin...

Digital Currency Revolution

Digital Asset Collaborates With Accenture, Broadridge & PwC

Feb 17, 2016 16:52 pm UTC| Digital Currency

In a move to ensure faster adoption and scalability of its innovative solutions along with creating additional value for clients across the financial industry, blockchain startup Digital Asset Holdings, LLC, today...

Digital Currency Revolution

Blockchain-Based Loyalty Solutions Startup Ribbit.me Joins Hyperledger Project

Feb 17, 2016 12:23 pm UTC| Digital Currency

Ribbit.me, a universal loyalty solution built on blockchain technology, announced today that it has joined the Linux Foundations open source Hyperledger project. The startup said that it will actively participate in the...

Digital Currency Revolution

Blockchain Startup Crowdaura Selected For Microsoft Ventures Accelerator Program

Feb 17, 2016 12:08 pm UTC| Digital Currency

Crowdaura, a blockchain startup founded in 2015, has announced that it has been officially accepted into the Microsoft Ventures Accelerator program as part of the London 2016 cohort, making it one of the first blockchain...

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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...
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