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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

Bank of England explores balance sheet implications of central bank digital currencies

May 22, 2018 10:18 am UTC| Digital Currency

The Bank of England (BoE) has published a new working paper on central bank digital currencies (CBDCs), exploring their design principles and balance sheet implications. The paper presents three scenarios each with a...

Digital Currency Revolution

US CFTC issues new guidance for cryptocurrency derivative products

May 22, 2018 09:32 am UTC| Digital Currency

The U.S. Commodity Futures Trading Commissions (CFTC) Division of Market Oversight (DMO) and Division of Clearing and Risk (DCR) have jointly issued a new guidance for listing cryptocurrency derivative...

Digital Currency Revolution

Ripple proposes new symbol for XRP token

May 22, 2018 09:01 am UTC| Digital Currency

Ripple team has proposed a new symbol for the XRP token, taking the efforts of the XRP community forward. Bitcoins symbol ₿ has already been added to the Unicode Standard. XRP Symbol, an open source project, believes...

Digital Currency Revolution

FxWirePro: BTC/USD breaches cloud support, dip till 8000 likely

May 22, 2018 07:41 am UTC| Digital Currency

BTC/USD is trading tad lower on Tuesday as it couldnt hold cloud support. It is currently trading at 8323 levels at the time of writing (Bitstamp). On the top side, resistance is seen at 8452 (Cloud bottom) and a break...

Blockchain Revolution Series

Digital Currency Revolution

Bitcoin price can fall to zero: Vanguard chief economist

May 22, 2018 06:06 am UTC| Digital Currency

Vanguard chief economist Joseph Davis sees a decent probability that bitcoin price could fall to zero. In an ETF Industry Perspective published on etf.com, Davis shared his views on bitcoin and other cryptocurrencies ...

Blockchain Revolution Series

Digital Currency Revolution

UK’s Cryptoassets Taskforce agrees on key objectives

May 22, 2018 04:19 am UTC| Digital Currency

UKs Cryptoassets Taskforce, an initiative announced earlier this year, held its first meeting on 21 May 2018. In March, Chancellor of the Exchequer, Philip Hammond, announced the task force as part of the governments...

Digital Currency Revolution

Former CEO of Visa UK joins mobile crypto bank Crypterium

May 22, 2018 03:31 am UTC| Digital Currency

Former chief executive officer of Visa UK Marc OBrien is joining mobile crypto bank Crypterium as CEO. An industry veteran, OBrien will bring his experience of over 25 years in financial services, fintech and regtech to...

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Economy

U.S.-Iran Ceasefire: Fragile Truce Raises Hopes for Strait of Hormuz Peace Deal

A temporary ceasefire between the United States, Iran, and Israel is holding but just barely. U.S. Vice President JD Vance described the two-week truce as fragile on Wednesday, warning that Iran appeared to be...

Gold Surges Near 3-Week High as Trump-Iran Ceasefire Eases Geopolitical Tensions

Gold prices climbed sharply on Wednesday, nearing a three-week high after President Donald Trump announced a temporary ceasefire with Iran, easing geopolitical tensions that had been gripping global markets. Spot gold...

Oil Prices Crash Nearly 15% After Trump-Iran Ceasefire Deal

Global oil markets experienced a dramatic selloff on Wednesday after U.S. President Donald Trump announced a two-week ceasefire agreement with Iran, easing fears of a major disruption to Middle East energy supplies. Brent...

U.S. Stock Futures Surge as Trump Announces Iran Ceasefire, Oil Prices Plunge

U.S. stock index futures posted sharp gains Wednesday after President Donald Trump announced a temporary ceasefire agreement with Iran, lifting market sentiment and triggering a dramatic drop in oil prices. The development...

U.S.-China Trade Talks: Trump and Xi Set for Summit Amid Rare Earths Focus

The United States and China are maintaining a stable trade relationship, and President Donald Trump intends to preserve that balance in an upcoming summit with Chinese President Xi Jinping, according to U.S. Trade...

Politics

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...

FCC Moves to Ban All Chinese Labs From Testing U.S. Electronics

The Federal Communications Commission is escalating its crackdown on Chinese technology by preparing to vote on a sweeping proposal that would prohibit all Chinese laboratories from testing electronic devices intended for...

Israel Strikes Lebanon Amid Iran Ceasefire, UN Condemns Mass Casualties

Just hours after a two-week ceasefire was brokered between the United States and Iran, Israel launched its most intense wave of strikes on Lebanon since the conflict with Hezbollah began last month. The scale of the...

Mexico Appoints Roberto Velasco as New Foreign Minister Amid USMCA Trade Review

Mexicos Senate has officially confirmed Roberto Velasco as the countrys new Foreign Minister, filling a critical diplomatic role at a time when North American trade relations are under close scrutiny. Velasco, who...

Trump Meets NATO Chief Rutte Amid Alliance Tensions Over Iran War

President Donald Trump welcomed NATO Secretary General Mark Rutte to the White House on Wednesday for high-stakes talks as the ongoing conflict with Iran continues to strain transatlantic relations. The meeting comes at a...

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...