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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

UK's FCA Flags Major Crypto Exchanges Huobi, KuCoin Among Non-Authorized Firms

Oct 10, 2023 05:58 am UTC| Business Digital Currency Investing

Huobis HTX and KuCoin were among the cryptocurrency exchange companies that have been flagged by the Financial Conduct Authority (FCA) of the United Kingdom. The UK finance regulator released its list of registered crypto...

Digital Currency Revolution

Ripple CFO Kristina Campbell Departs Amid Company's SEC Legal Struggles

Oct 10, 2023 05:42 am UTC| Business Digital Currency Investing

Ripple currency exchanges chief financial officer is leaving the company but did not provide any reason for the move. At the time of publishing, it was reported that Kristina Campbell already vacated her CFO...

Digital Currency Revolution

HTX Recovers $8M Stolen Crypto; Offers Hacker 250 ETH Bounty

Oct 09, 2023 09:37 am UTC| Business Digital Currency Investing

HTX, Huobi Globals crypto exchange, was hacked late last month, and about 5,000 ETH were stolen at that time. This crypto is equivalent to roughly $8 million when the incident took place on Sept. 25. According to...

Digital Currency Revolution

OpenSea Reshaping Digital Art and NFTs with Its Newly Launched OpenSea Studio

Oct 09, 2023 06:17 am UTC| Business Digital Currency Investing

OpenSea, a New York City-based non-fungible token marketplace, is changing how non-fungible tokens and digital arts are created. In what is considered a groundbreaking move, the company launched its OpenSea Studio...

Digital Currency Revolution

CoinDCX's Okto Integrates Transak, Expanding Fiat-to-Crypto Access to 155 Jurisdictions

Oct 06, 2023 11:04 am UTC| Economy Digital Currency Business

CoinDCX further enhances its self-custody wallet, Okto, by integrating Transak, a major on-ramp platform. This integration allows Okto to scale its global support and increase the number of supported jurisdictions from 60...

Digital Currency Revolution

Kraken Acquires Dutch Crypto Exchange BCM

Oct 06, 2023 10:02 am UTC| Business Digital Currency Investing

Kraken, a US-based cryptocurrency exchange, announced it is acquiring the Netherlands-based crypto exchange Coin Meester B.V. (BCM). This deal will be a stepping stone for the company as it is aiming to expand its business...

Digital Currency Revolution

El Salvador Launches First Bitcoin Mining Pool 'Lava Pool' with Volcano Energy

Oct 06, 2023 08:30 am UTC| Economy Digital Currency Business

In collaboration with Bitcoin mining software provider Luxor Technology, Salvadoran renewable energy and mining firm Volcano Energy has introduced a groundbreaking initiative called Lava Pool. This milestone marks the...

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Economy

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

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...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....