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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

Luna unaccessible in S. Korea after deletion from major crypto exchanges

May 28, 2022 04:04 am UTC| Business Digital Currency Investing

Luna, the sister cryptocurrency of TerraUSD stablecoin, has fallen to almost $0 in value, and with how things are going, most of the major cryptocurrency exchanges in South Korea have proceeded to remove it from their...

Digital Currency Revolution

Cryptocurrency: Huobi Global boosts presence in Latin America via acquisition of Bitex crypto exchange

May 27, 2022 09:52 am UTC| Business Digital Currency Investing

Huobi Global is stepping up its game by acquiring Bitex crypto exchange to boost its presence in Latin America. The Chinese cryptocurrency exchange is looking to branch out in the said region of the Americas; thus, this is...

Digital Currency Revolution

Cryptocurrency: WeMade to launch stablecoin despite Luna catastrophe

May 27, 2022 07:07 am UTC| Business Digital Currency Investing

WeMade, a South Korean video game developer based in Seongnam, stated once again that it is willing to release its own stablecoin despite the growing negative views in the international cryptocurrency trade after the...

Digital Currency Revolution

NFT: eBay to launch its first non-fungible token collection in collaboration with OneOf NFT platform

May 25, 2022 09:40 am UTC| Business Digital Currency Investing

eBay, one of the leading e-commerce platforms in the world, has officially entered the digital asset business with the launch of its first non-fungible token (NFT) collection. The company teamed up with OneOf, a green NFT...

Digital Currency Revolution

NFT: GameStop rolls out crypto, NFT wallet

May 25, 2022 09:04 am UTC| Business Digital Currency Investing

GameStop, the American video game, consumer electronics, and gaming merchandise retailer, has launched its own NFT wallet that can send and receive cryptocurrencies and non-fungible tokens. The beta version of its...

Digital Currency Revolution

NFT: Lotte, Shinsegae to compete in the non-fungible token market with their bear character NFTs

May 25, 2022 06:14 am UTC| Business Digital Currency Investing

Lotte and Shinsegae are two of the largest retail companies in South Korea. They are rivals in the retail industry, and as they jump into the world of non-fungible tokens or NFTs, they are bound to be competitors in this...

Digital Currency Revolution

S.Koreans' bet on Luna's recovery worries regulator

May 20, 2022 23:48 pm UTC| Digital Currency Economy Business

Many South Korean speculators have piled into Luna thinking they have little to lose with prices so ridiculously low and betting that it will stage a miraculous recovery. Luna was trading at a fraction of one cent after...

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Economy

RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty

The Reserve Bank of India (RBI) kept its benchmark interest rate unchanged at 5.25% during its latest policy meeting, a decision that aligned with market expectations. Governor Sanjay Malhotra acknowledged the resilience...

Xi Jinping Pushes Demand-Driven Strategy to Modernize China's Service Sector

Chinas President Xi Jinping has outlined a bold strategy to transform the countrys service industry, calling for a demand-led approach supported by structural reform and technological innovation. The directive was reported...

Trump Suspends Iran Strikes for Two Weeks as Ceasefire Talks Begin

President Donald Trump announced Tuesday evening that he would delay planned military strikes against Iran for two weeks, marking a significant diplomatic breakthrough after weeks of escalating tensions. The suspension...

U.S. Stock Futures Surge as Trump Postpones Iran Strikes, Ceasefire Hopes Rise

U.S. stock index futures climbed sharply on Tuesday evening as optimism grew over a potential end to the ongoing Middle East conflict. The rally followed President Donald Trumps announcement that planned military strikes...

Oil Prices Crash 15% as Trump and Iran Agree to Two-Week Ceasefire

Crude oil markets were thrown into a frenzy on Wednesday after U.S. President Donald Trump announced a two-week ceasefire with Iran, triggering one of the sharpest single-day oil price drops seen in recent memory. The...

Politics

Trump Announces U.S. Military Presence in Strait of Hormuz Following Iran Ceasefire Deal

President Donald Trump announced Wednesday that the United States will actively support the flow of maritime traffic through the Strait of Hormuz, one of the worlds most strategically critical waterways. Speaking publicly,...

U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market

American automobile manufacturers are raising alarms over what they describe as deliberate European Union barriers preventing some of their most iconic and best-selling pickup trucks from entering the European market....

ICE Officer-Involved Shooting in Northern California After Suspect Rams Vehicle

Immigration and Customs Enforcement officers shot and wounded a man in Patterson, California, on Tuesday after he allegedly attempted to use his car as a weapon against agents during an enforcement operation. ICE Acting...

Trump Claims "Total and Complete Victory" After U.S.-Iran Ceasefire Agreement

President Donald Trump declared a sweeping American victory on Tuesday following the announcement of a two-week ceasefire agreement with Iran, describing the outcome as a 100 percent win for the United States. Speaking...

World Reacts as Trump Issues Dire Warning to Iran Ahead of Surprise Ceasefire

Global leaders, lawmakers, and even members of Donald Trumps own Republican Party pushed back sharply after the U.S. president issued a sweeping threat suggesting an entire civilization could be destroyed unless Iran...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

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...

Technology

U.S. Disrupts Russian Military Hackers' Global DNS Hijacking Network

The U.S. Justice Department has successfully executed a court-authorized operation to dismantle a DNS hijacking network tied to Russian military intelligence. The network was run by GRU Military Unit 26165, a cyber unit...

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...