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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

WazirX Hacker Converts SHIB, MATIC, and PEPE to 43,799 ETH; Holds Altcoins Amid ETF Bullish Sentiment

Jul 19, 2024 06:23 am UTC| Digital Currency Technology

A WazirX hacker converted SHIB, MATIC, and PEPE into 43,799 ETH, holding $12-$15 million in altcoins, eyeing Ethereums ETF rally. WazirX Hackers Conversion Strategy Boosts ETH Holdings According to a report by...

Digital Currency Revolution

Trump’s Rumored Bitcoin Move: Strategic Reserve Designation Could Shake Markets

Jul 19, 2024 05:55 am UTC| Digital Currency Technology

Donald Trump may soon announce Bitcoin as a strategic reserve asset, a move that could reshape the global cryptocurrency landscape, according to recent speculation. Porters Disclosure Adds Credibility to Rumors The...

Digital Currency Revolution

Shiba Inu (SHIB) Affected in $230 Million Hack of India's Largest Crypto Exchange

Jul 18, 2024 10:57 am UTC| Digital Currency Technology

Shiba Inu (SHIB) was affected by a $230 million hack on Indias largest cryptocurrency exchange, WazirX. Details of the Breach A significant security breach has been realized by Cyvers Alert, which has affected...

Digital Currency Revolution

Mt. Gox Creditors Alarmed by ‘Brute-Force’ Log-In Attempts on Accounts

Jul 18, 2024 08:25 am UTC| Digital Currency Technology

Numerous Mt. Gox creditors are reporting brute-force log-in attempts on their accounts, leading to hacking concerns in a dedicated subreddit. Creditors Report Account Access Issues Users on a subreddit for Mt. Gox...

Digital Currency Revolution

OKX Exits Nigeria Amid Regulatory Concerns, Following Binance's Troubles

Jul 18, 2024 05:40 am UTC| Digital Currency Technology

OKX has announced its departure from Nigeria, citing local regulatory changes, following similar actions by Binance. OKX Cites Regulatory Changes In an email addressed to clients in Nigeria on July 17, OKX said that...

Digital Currency Revolution

Russia Weighs Risks of Crypto Legislation to Boost International Payments Amid Sanctions

Jul 17, 2024 19:36 pm UTC| Digital Currency Technology

Russias anti-money-laundering regulators stress the need for caution in new crypto legislation to manage risks in international payments. Parliament Reviews Crypto Legislation According to Reuters, Russian...

Digital Currency Revolution

Bitcoin vs. Gold: Peter Schiff's Insights on Crypto's Decline and Gold's Record High

Jul 17, 2024 19:02 pm UTC| Digital Currency Technology

As Bitcoin soared to nearly $66,000 before falling, Peter Schiff connected this volatility to golds record high, suggesting a negative correlation that keeps the asset debate alive. With its recent run to almost...

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Economy

European Stocks Steady as U.S.-Iran War, Euro Zone Data Keep Investors Cautious

European stocks were largely flat on Friday and remained on track for a modest weekly decline as investors monitored the U.S.-Iran war, rising oil prices and upcoming euro zone economic data. The STOXX 600 edged 0.05%...

KOSPI Eyes Best Weekly Gain Since June as Samsung, SK Hynix Rally

South Koreas KOSPI was heading for its strongest weekly performance since early June on Friday, fueled by a powerful rebound in technology and semiconductor stocks as optimism around artificial intelligence demand returned...

France Inflation Rises 2.4% in July as Consumer Prices Increase

Frances consumer prices increased in July 2026, with both monthly and annual inflation measures showing upward movement, according to final data released Friday by the French National Institute of Statistics and Economic...

China Automakers Accelerate Global Expansion as Domestic Car Sales Slump

Chinas automakers are rapidly expanding overseas as falling domestic car sales and excess manufacturing capacity push companies such as BYD, Geely and Chery to seek growth beyond the worlds largest auto market. Chinese car...

Asian Currencies Edge Higher as Soft US Inflation Weighs on Dollar

Asian currencies edged higher on Friday as the U.S. dollar weakened following softer-than-expected inflation data, which reduced expectations for a near-term Federal Reserve interest-rate hike. Gains across regional...

Politics

Jared Kushner May Visit Israel for Gaza Talks Next Week

U.S. President Donald Trumps envoy and son-in-law, Jared Kushner, could travel to Israel next week for talks aimed at advancing the administrations Gaza peace plan, according to a source familiar with the matter. Axios...

Albanese Says AUKUS ‘Full Steam Ahead’ After Trump Call

Australian Prime Minister Anthony Albanese said the AUKUS defence pact remains full steam ahead following a lengthy phone call with U.S. President Donald Trump, as Canberra also pushes Washington for a complete exemption...

Trump Orders Major Overhaul of US Navy Shipbuilding

President Donald Trump has signed a National Security Presidential Memorandum directing sweeping changes to U.S. Navy shipbuilding and ship repair programs as part of an effort to rebuild the countrys maritime industrial...

Israel Warned US of Alleged Iran Plot to Assassinate Trump

Israel repeatedly warned the United States over the past year that Iran may have been planning to assassinate President Donald Trump, although U.S. intelligence agencies were unable to independently verify several of the...

Putin Visits Disputed Kuril Island, Sparking Strong Protest From Japan

Russian President Vladimir Putin visited the disputed island of Iturup on Thursday, triggering a sharp diplomatic protest from Japan amid longstanding tensions over the Kuril Islands. Known as Iturup in Russia and Etorofu...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Apple Develops China-Specific AI Model With Alibaba as Apple Intelligence Launch Nears

Apple Inc. (NASDAQ: AAPL) has reportedly developed a large language model specifically for China in collaboration with Alibaba (HK: 9988), signaling a significant shift in the iPhone makers artificial intelligence strategy...

Goldman Sachs Eyes Investors for Nvidia’s $500 Billion AI Financing Plan

Goldman Sachs is reportedly in discussions with potential investors to participate in Nvidias ambitious $500 billion AI infrastructure financing initiative, as institutional demand for artificial intelligence investments...

LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories

LG Corp and Nvidia have signed a memorandum of understanding (MOU) to deepen their strategic partnership across robotics, AI factories and next-generation mobility, LG announced Friday. The agreement will combine LGs...

SMIC Shares Rally as Q2 Profit Surges 262% on Strong Chip Demand

Shares of Semiconductor Manufacturing International Corp. (SMIC) surged on Friday after the Chinese semiconductor foundry delivered strong second-quarter earnings, supported by higher chip demand, improved pricing and...

Anthropic Eyes $6B Decart AI Acquisition Ahead of Mega IPO

Anthropic is reportedly in talks to acquire Nvidia-backed AI startup Decart AI as the Claude developer looks to expand its computing capabilities and address growing demand ahead of a potential public listing. Bloomberg...