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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: Sky Mavis commits to reimbursing players after ‘Axie Infinity’ $625M hack

Apr 01, 2022 08:47 am UTC| Business Digital Currency Investing

Sky Mavis, the owner and developer of the blockchain-based play-to-earn game Axie Infinity, made a pledge to return the funds of players after hackers stole $625 million from Ronin Blockchain, where the game...

Digital Currency Revolution

NFT: Visa introduces creator program for building NFT-focused businesses

Mar 31, 2022 09:40 am UTC| Business Digital Currency Investing

Visa launches an immersion program where entrepreneurs can participate and learn about building businesses with NFTs. The American financial service company will be selecting participants in various fields, including film,...

Digital Currency Revolution

NFT: DC Comics, Palm NFT Studio unveils Batman Cowl non-fungible token collectibles, 200,000 up for sale

Mar 30, 2022 10:24 am UTC| Business Digital Currency Investing

DC Comics and Palm NFT Studio announce an epic NFT drop next month. They will be selling 200,000 Batman Cowl digital collectibles and expecting a $60 million haul for their sale. The collectibles are said to be based on...

Digital Currency Revolution

Cryptocurrency: Lionel Messi becomes Socios.com’s global brand ambassador to promote crypto fan token

Mar 30, 2022 08:41 am UTC| Business Digital Currency Investing

Lionel Messi inked a $20 million deal with Socios.com, and he is now its official brand ambassador. The Argentine football superstar will be promoting the crypto fan token company worldwide. Reuters noted that the...

Digital Currency Revolution

NFT: Animoca Brands, Ubisoft put in $12M in seed round for ‘Cross the Ages’ blockchain game

Mar 30, 2022 07:38 am UTC| Business Digital Currency Investing

The free-to-play blockchain game Cross the Ages announced a $12 million gain in a seed round at an undisclosed valuation earlier this week. The game features digital trading cards as non0fungible tokens or NFTs that can be...

Digital Currency Revolution

Fanatics inks deal to offer WWE NFTs, other products

Mar 29, 2022 23:59 pm UTC| Sports Digital Currency Investing

World Wrestling Entertainment (WWE) has signed a long-term licensing agreement with Fanatics, to make its licensed products available via the Fanatics Commerce, Fanatics Collectibles, and Candy Digital NFT...

Digital Currency Revolution

Hot Wheels launches new NFT collection in collab with Honda, GM

Mar 29, 2022 23:41 pm UTC| Economy Business Life Digital Currency

Hot Wheels joined forces with Honda, General Motors, and Worldwide Asset eXchange (WAX) for its Garage Series 2 to be released on March 31 at $25 per pack. A single digital pack of cards will include 7 random...

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Economy

Goldman Sachs: US Dollar Likely to Stay Strong Despite Oil Price Retreat

The U.S. dollar is expected to remain well-supported in the near term despite the recent decline in oil prices, according to a new Goldman Sachs analysis. While lower crude prices have eased concerns about a severe global...

Russia Stocks End at Six-Month Low as MOEX Index Stalls, Gold Surges and Oil Retreats

Russian stocks closed mixed on Saturday, with the MOEX Russia Index finishing flat at 0.00% and touching its lowest level in six months. Investor sentiment remained cautious as gains in select stocks were offset by...

Carney and Macron Strengthen Canada-France Defense Ties Amid US Trade Uncertainty

Canadian Prime Minister Mark Carney and French President Emmanuel Macron have agreed to expand defense and industrial cooperation, reinforcing Canadas growing partnership with Europe as trade tensions with the United...

IMF Advances Ukraine Loan Program, Clears $690M Disbursement

The International Monetary Fund (IMF) has reached a staff-level agreement with Ukraine following the latest review of the countrys $8.1 billion loan program, paving the way for a new disbursement of approximately $690...

Oil Prices Fall as U.S.-Iran Peace Deal Hopes Ease Supply Concerns

Global oil prices dropped sharply on Friday and were set for significant weekly losses as growing optimism surrounding a potential U.S.-Iran peace agreement raised expectations that the Strait of Hormuz could soon reopen,...

Politics

Senior Haitian Security Official Kidnapped as Gang Violence Escalates in Port-au-Prince

A senior Haitian government and police official has been kidnapped in Port-au-Prince, marking one of the most significant abductions of a high-ranking figure in Haiti in recent years amid the countrys worsening security...

Taiwan Launches Intelligence Tip Website Targeting Chinese Informants

Taiwan has launched a new website aimed at encouraging Chinese citizens to share intelligence-related information, marking a significant development in cross-strait tensions between Taiwan and China. The initiative,...

U.S.-Iran Peace Framework Nears as Strait of Hormuz Reopening Takes Center Stage

The United States and Iran appear to be moving closer to a long-awaited framework agreement aimed at ending months of conflict, although uncertainty remains over the timing of a formal signing. U.S. President Donald Trump...

Trump Says U.S.-Iran Deal Could Be Signed Sunday as Tehran Signals More Talks Needed

U.S. President Donald Trump said on Saturday that a peace agreement with Iran is expected to be signed on Sunday, potentially leading to the immediate reopening of the Strait of Hormuz, a critical global oil shipping...

Trump Names James McDonald as New SDNY U.S. Attorney

President Donald Trump announced on Saturday that he intends to appoint James McDonald as the next U.S. Attorney for the Southern District of New York (SDNY), replacing Jay Clayton in one of the nations most influential...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

SpaceX IPO Sparks Market Optimism as Shares Surge 19% on Trading Debut

SpaceX delivered one of the most significant stock market debuts in recent years, boosting investor confidence and signaling strong demand for high-growth companies despite recent market volatility. The aerospace giant,...

AI Memory Boom Sparks Global Chip Supply Crunch

The rapid expansion of artificial intelligence (AI) infrastructure is creating a structural shortage in the global memory chip market, according to a recent Morgan Stanley report. The investment bank warns that soaring...

Anthropic Restricts Global Access to AI Models After U.S. Security Review

Anthropic has suspended access to its advanced AI models, Fable 5 and Mythos 5, for users outside the United States following new U.S. export restrictions, according to a Wall Street Journal report. The decision highlights...

SpaceX IPO Set for Explosive Debut as Valuation Tops $2.2 Trillion

SpaceX is poised for one of the most historic stock market debuts ever, with shares expected to open nearly 30% above their initial public offering (IPO) price. According to preliminary Nasdaq data, SpaceX stock (NASDAQ:...

Meta AI Strategy Faces Challenges as Zuckerberg Admits Mistakes in Internal Memo

Meta CEO Mark Zuckerberg has acknowledged that the company has made mistakes during its ongoing artificial intelligence (AI) transformation, according to an internal memo obtained by Reuters. In the memo, Zuckerberg...