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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

NFT: Titanic artifacts to be minted as NFTs via partnership with Artifact Labs, Venture Smart Financial

Feb 24, 2023 07:25 am UTC| Business Digital Currency Investing

Relics of the Titanic British passenger liner are set to be minted as non-fungible tokens or NFTs. This is possible through a three-way partnership deal between RMS Titanic (RMST), Artifact Labs, and Hong Kong-based...

Digital Currency Revolution

Metaverse: LG Uplus to launch Kidstopia metaverse platform for children

Feb 24, 2023 07:24 am UTC| Business Digital Currency Investing

LG Uplus Corp. is set to roll out a metaverse platform made especially for young children. It has been aptly called Kidstopia and will feature quizzes, provide knowledge about animals, teach English, and more. LG Uplus...

Digital Currency Revolution

NFT: Blur beats OpenSea to become the new leading NFT marketplace

Feb 21, 2023 09:45 am UTC| Business Digital Currency Investing

Blur has been described as the fastest NFT marketplace since its growth has been overwhelming. In fact, it was able to surpass OpenSea and has now become the top marketplace for non-fungible tokens. Blur beat OpenSea as...

Digital Currency Revolution

EU to fast-track crypto capital rules for banks

Feb 20, 2023 23:38 pm UTC| Economy Business Digital Currency Investing

The European Union wants to fast-track tough capital rules for banks holding crypto-assets in its pending banking law to avoid missing a globally-agreed January 2025 deadline, according to the blocs executive. The Basel...

Digital Currency Revolution

Cryptocurrency: Do Kwon moved $100M worth of BTC to a Swiss bank account as SEC charged him with fraud

Feb 20, 2023 10:24 am UTC| Business Digital Currency Investing

Do Kwon or Kwon Do Hyung founded Terraform Labs, which created the stablecoin TerraUSD and Luna crypto token. However, the value of these cryptocurrencies dramatically crashed in a short time last year. The event...

Digital Currency Revolution

Cryptocurrency: Celtics legend Paul Pierce paying $1.4M to settle SEC fine over misleading crypto promotion

Feb 20, 2023 07:40 am UTC| Business Digital Currency Investing

Paul Pierce, a former National Basketball Association player who played for Bolton Celtics, has been fined by the U.S. Securities and Exchange Commission. He will pay $1.4 million to settle his alleged misleading promotion...

Digital Currency Revolution

NFT: GQ Magazine unveils first NFT collection with tangible rewards

Feb 17, 2023 10:58 am UTC| Business Digital Currency Investing

GQ Magazine, a leading international monthly mens magazine, has jumped into the NFT bandwagon this month. It has officially joined the growing list of publications and media outlets that are releasing their own...

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Economy

Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing

Korea Zinc announced plans to invest $7.4 billion to build a large-scale critical minerals refinery in Tennessee, marking the first new U.S.-based zinc refinery since the 1970s. The project, heavily backed by the U.S....

Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets

Asian technology and chipmaking stocks fell sharply on Monday as investor caution intensified over growing uncertainties surrounding artificial intelligence (AI) spending and its impact on future earnings. The sell-off...

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....

Politics

Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia

Israels ambassador to Australia has urged the federal government to strengthen protections for Jewish communities following a deadly mass shooting at a Hanukkah festival near Sydneys Bondi Beach. The attack, which occurred...

European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage

European leaders, including Ukrainian President Volodymyr Zelenskiy, are gathering in The Hague to launch a new International Claims Commission aimed at compensating Ukraine for hundreds of billions of dollars in damage...

U.S. and Mexico Reach New Agreement to Tackle Tijuana River Sewage Crisis

The United States and Mexico have signed a new bilateral agreement aimed at addressing the long-standing Tijuana River sewage crisis, according to a statement released Monday by the U.S. Environmental Protection Agency...

Ukraine Claims First-Ever Underwater Drone Strike on Russian Missile Submarine

Ukraine said on Monday that it successfully struck and disabled a Russian missile-carrying submarine at a Black Sea naval base using underwater sea drones, marking what Kyiv described as a historic first in naval warfare....

Jimmy Lai Convicted Under Hong Kong National Security Law in Landmark Case

Hong Kongs High Court has found media tycoon and pro-democracy figure Jimmy Lai guilty of conspiracy to collude with foreign forces, marking the most significant conviction yet under the China-imposed national security...

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

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

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...