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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

Blockchain Unicorn Fireblocks Acquires Australian Tokenization Startup BlockFold

Sep 30, 2023 07:26 am UTC| Economy Digital Currency Business

Blockchain unicorn Fireblocks has acquired Australia-based BlockFold, a smart contract development and consulting firm specializing in advanced tokenization projects for financial institutions. The deal is estimated at $10...

Digital Currency Revolution

SEC Philippines to Unveil Critical Cryptocurrency Trading Guidelines Amid Rising Adoption

Sep 29, 2023 10:26 am UTC| Economy Digital Currency Business Law Investing

The Securities and Exchange Commission (SEC) Philippines unveils plans for cryptocurrency trading guidelines, assuring investors of a secure environment. CEO Emilio Aquino highlights a focus on innovation while mitigating...

Digital Currency Revolution

PayPal, Crypto.com, Paxos Team Up for PayPal USD Integration

Sep 29, 2023 09:54 am UTC| Business Digital Currency Investing

PayPal has joined forces with Crypto.com and Paxos to widen the use and adoption of its PayPal USD stablecoin. For Crypto.com, it has become the preferred exchange for PayPals cryptocurrency token called the...

Digital Currency Revolution

Tottenham Hotspur Launches Fan Token to Boost Engagement via Socios.com Blockchain Partnership

Sep 29, 2023 08:07 am UTC| Economy Sports Business

Tottenham Hotspur introduces a blockchain-based fan token through Socios.com. The initiative offers digital collectibles, unique rewards, and decentralized voting, fostering increased fan involvement and engagement with...

Digital Currency Revolution

SEC Delays Bitcoin ETF Decisions; BlackRock, Invesco Proposals Affected

Sep 29, 2023 06:15 am UTC| Economy Digital Currency Business Law

SEC postpones decision on spot Bitcoin ETF proposals, affecting BlackRock and Invesco, among others. The delay adds uncertainty despite increased chances of eventual approval highlighted by a recent Grayscale court victory...

Digital Currency Revolution

PayPal Applies for NFT Marketplace Patent; Enhancing Blockchain Initiatives

Sep 29, 2023 04:00 am UTC| Business Digital Currency Investing

PayPal Holdings Inc. has applied for a patent related to an NFT marketplace since it was described as a system where users can buy and sell non-fungible tokens through a third-party service provider. Likewise, PayPals...

Digital Currency Revolution

Binance Exits Russia, Selling Operations to New Firm, CommEX

Sep 28, 2023 04:20 am UTC| Business Digital Currency Investing Economy

Binance confirms exiting the Russian market, selling operations to the newly established CommEX amid the Ukraine conflict. The transition process, ensuring user asset safety, is expected to unfold smoothly over the coming...

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Economy

Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly

Federal Reserve Bank of San Francisco President Mary Daly said she supported cutting interest rates at this weeks Federal Open Market Committee (FOMC) meeting, highlighting the central banks effort to carefully balance...

Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only

Ireland has clarified that its proposed legislation to curb trade with Israeli settlements in the occupied West Bank will apply strictly to goods, not services, according to a senior minister speaking to Reuters. The...

Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook

Gold prices edged slightly lower in Asian trading on Friday after posting strong gains earlier in the week, as dovish signals from the U.S. Federal Reserve continued to support precious metals markets. Despite the minor...

Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal

Indonesia expects to finalize its tariff negotiations with the United States by the end of the year, signaling continued momentum in bilateral trade relations despite reports of growing tensions. The announcement was made...

Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook

Most Asian currencies traded in a narrow range on Friday as investors digested the U.S. Federal Reserves latest interest rate decision and assessed the outlook for monetary policy next year. While regional foreign exchange...

Politics

Bolivia Orders Pre-Trial Detention of Former President Luis Arce Over Embezzlement Probe

A Bolivian judge has ordered former President Luis Arce to be held in pre-trial detention for five months as authorities intensify an investigation into alleged embezzlement and economic misconduct linked to his time in...

Colombia’s Clan del Golfo Peace Talks Signal Mandatory Prison Sentences for Top Leaders

Colombias government has confirmed that senior leaders of the Clan del Golfo, the countrys largest illegal armed group, would serve prison time under any potential peace agreement, marking a significant shift from past...

U.S. Special Forces Intercept Ship Carrying Military Components Bound for Iran

A U.S. special operations team operating in the Indian Ocean recently carried out a high-risk maritime raid that resulted in the seizure of military-related components from a vessel traveling from China to Iran, according...

U.S. Lifts Sanctions on Brazilian Supreme Court Justice Amid Shift in Brazil Relations

The United States has officially lifted sanctions on Brazilian Supreme Court Justice Alexandre de Moraes, signaling a notable shift in U.S.Brazil relations under President Donald Trump. The decision, announced Friday by...

International Stabilization Force for Gaza Nears Deployment as U.S.-Led Planning Advances

International troops could be deployed to the Gaza Strip as early as next month as part of a United Nationsauthorized International Stabilization Force (ISF), according to U.S. officials cited by Reuters. The proposed...

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

Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

Mizuho Securities has raised its price target on Broadcom Inc. (NASDAQ: AVGO), highlighting accelerating momentum in the companys artificial intelligence business and a rapidly expanding long-term backlog. The brokerage...

Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform

Atlassian Corps popular work management software Trello experienced a service disruption on Friday, leaving a number of users unable to access the platform. The outage was flagged by internet monitoring service...

Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns

Intel has tested advanced chipmaking equipment this year from ACM Research, a semiconductor toolmaker with deep operational ties to China, according to sources familiar with the matter. The move has drawn scrutiny because...

Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO

Moore Threads Technology Co Ltd (SS:688795), a Chinese graphics chipmaker often described as Chinas potential rival to NVIDIA Corporation (NASDAQ:NVDA), saw its share price fall sharply on Friday after the company issued a...

Trump Signs Executive Order to Establish National AI Regulation Standard

U.S. President Donald Trump on Thursday signed a sweeping executive order aimed at creating a unified national framework for regulating artificial intelligence, marking a significant shift in how AI governance is handled...