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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

Visa Partners with Solana to Boost Credit Card Speed; Eyes USDC for Enhanced Stablecoin Capabilities

Sep 07, 2023 08:26 am UTC| Business Digital Currency Investing

Visa Inc. embraces Solana blockchain to supercharge credit card payments with USDC, aiming to modernize cross-border transactions. This partnership promises faster transaction speeds and underscores Visas commitment to...

Digital Currency Revolution

Coinbase Launches Crypto Lending Service for Institutional Investors; Raises $57M

Sep 07, 2023 02:52 am UTC| Business Digital Currency Investing

Coinbase Global Inc. introduces a new institutional crypto lending platform in the U.S., distinct from their controversial Lend program, filling a niche left by Genesis and BlockFi. In the said SEC filing, it was also...

Digital Currency Revolution

Hana Bank, BitGo Forms Alliance for Joint Cryptocurrency Custody Business

Sep 06, 2023 09:54 am UTC| Business Digital Currency Investing

Hana Bank joined forces with BitGo to enter the digital asset custody business. Together, the two companies are planning to establish a joint cryptocurrency custody venture in 2024, most likely in the latter half of that...

Digital Currency Revolution

Google Updates Ad Policy to Allow Certified NFT Game Ads, Excludes Gambling

Sep 06, 2023 09:40 am UTC| Economy Digital Currency Business

Starting September 15, Google will permit advertisements for NFT games, provided they dont promote gambling and meet rigorous certification criteria, ensuring alignment with the companys updated policies. Advertisements...

Digital Currency Revolution

Casio Debuts Free G-SHOCK NFTs on Polygon; Launches Virtual G-Shock Community in Metaverse

Sep 06, 2023 06:43 am UTC| Business Digital Currency Investing

Casio pioneers its Metaverse entry, releasing its inaugural G-SHOCK NFTs on Polygonfor free. This coincides with the launch of its Virtual G-Shock Community, encouraging fan participation in watch design through a novel...

Digital Currency Revolution

Legal Sector Flourishes Amidst Cryptocurrency Bankruptcies; Firms Collect $700M in Fees

Sep 06, 2023 06:18 am UTC| Economy Law Digital Currency Business

Amid cryptocurrency downturns involving FTX and Celsius, the legal sector flourishes, raking in unprecedented revenues as lawyers navigate complex regulatory landscapes in high-profile bankruptcy cases. A recent New...

Digital Currency Revolution

Bybit Debuts AI-Powered TradeGPT Tool for Multilingual Crypto Trading Analysis

Sep 05, 2023 05:18 am UTC| Economy Digital Currency Business

Bybit, the Dubai-based cryptocurrency exchange, launches TradeGPT, an AI-driven tool harnessing Bybits ToolsGPT and ChatGPTs language capabilities to offer real-time market analysis in multiple languages, enhancing user...

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Economy

China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand

Chinas economic momentum showed further signs of strain in November as key indicators pointed to slower growth in industrial output and a sharper-than-expected slowdown in consumer spending, according to official data...

Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns

Oil prices edged higher on Monday, recovering part of last weeks sharp decline, as rising geopolitical tensions between the United States and Venezuela fueled concerns over potential supply disruptions. These worries...

Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks

The U.S. dollar remained under pressure on Monday, extending losses near a two-month low, while the euro and British pound held relatively steady as investors awaited a series of critical central bank decisions this week....

Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious

Asian stock markets opened the week lower as investors reduced risk exposure amid thin year-end liquidity, looming central bank decisions, and a packed schedule of delayed economic data releases. Early Monday trading saw...

China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist

Chinas aggressive push to consolidate its vast network of small banks is facing mounting challenges, as many newly merged lenders report falling profits and weakening capital buffers, according to a Reuters review of...

Politics

Special Prosecutor Alleges Yoon Suk Yeol Sought North Korea Provocation to Justify Martial Law

A South Korean special prosecutor has accused former President Yoon Suk Yeol of attempting to provoke North Korea into an armed confrontation as part of an alleged plot to justify the declaration of martial law in December...

Supporters Gather Ahead of Verdict in Jimmy Lai’s Landmark Hong Kong National Security Trial

Supporters of Hong Kong democracy activist and media tycoon Jimmy Lai queued overnight outside the citys High Court on Monday as anticipation grew ahead of the verdict in his landmark national security trial, a case that...

Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership

Korea Zincs board is set to convene on Monday to vote on a major overseas investment plan that could significantly strengthen the supply chain for critical minerals in the United States. According to a source familiar with...

Hong Kong Democratic Party Disbands After Member Vote Amid Security Crackdown

Hong Kongs last major opposition party, the Democratic Party, has voted to disband, marking a significant moment in the citys political history and underscoring the impact of Chinas national security crackdown on liberal...

Ukraine’s NATO Concession Unlikely to Shift Peace Talks, Experts Say

Ukraines recent offer to abandon its long-standing ambition to join NATO is unlikely to have a major impact on ongoing peace talks with Russia, according to several foreign policy and security experts. During discussions...

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

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...

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...