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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

HBUS launches cryptocurrency trading for U.S. residents with 22 trading pairs

Jul 11, 2018 04:08 am UTC| Digital Currency

HBUS, a virtual currency marketplace headquartered in San Francisco, has announced that its cryptocurrency trading platform for U.S. residents went live on July 10th with over 20 trading pairs. On HBUS, users can place...

Digital Currency Revolution

Crypto exchange Binance brings in UNIDO Goodwill Ambassador to lead charity initiative

Jul 11, 2018 03:30 am UTC| Digital Currency

Leading cryptocurrency exchange Binance has announced that UNIDOs Goodwill Ambassador Helen Hai is joining as the head of Binance Charity Foundation. Helen is a true believer in the Foundations mandate: Blockchain for...

Digital Currency Revolution

FxWirePro: ETH/USD retreats from near 500 levels, good to sell on rallies

Jul 10, 2018 11:33 am UTC| Digital Currency Technicals

ETH/USD is trading deep in the red on Tuesday and has broken below 20-DMA. It is currently trading at 447 levels at the time of writing (Coinbase). The plunge follows Bancors recent announcement of a major security...

Digital Currency Revolution

5 things to be aware of before investing in a new cryptocurrency

Jul 10, 2018 10:49 am UTC| Digital Currency

[By Gianluca Giancola, Co-founder and Head of UX Design at blockchain-powered loyalty ecosystem qiibee] As the blockchain and crypto space continues to grow and thrive, the industry has become increasingly mainstream...

Digital Currency Revolution

Bancor suffers major security breach, loses $13.5M in crypto

Jul 10, 2018 10:14 am UTC| Digital Currency

Decentralized cryptocurrency platform Bancor on Monday announced that it suffered a major security breach in which it lost nearly $13.5 million. The platform went offline soon after and remains non-operational at the...

Digital Currency Revolution

FxWirePro: BTC/USD rejected at 23.6% fib, breach of 21-EMA support likely to test 6400

Jul 10, 2018 07:34 am UTC| Digital Currency Technicals

BTC/USD is trading lower on Tuesday as it failed to close above 23.6% retracement of 9948.98 and 5774.72. It is trading at 6600 levels at press time (Bitstamp). On the upside, a decisive break above 6759 (23.6%...

Digital Currency Revolution

Crypto wallet provider Ledger launches software ‘Ledger Live’

Jul 10, 2018 06:47 am UTC| Digital Currency

Ledger, a leading bitcoin hardware wallet provider, has launched Ledger Live an all-in-one companion application for Ledger devices Ledger Nano S and Ledger Blue. The software has been built from the ground-up to...

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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...