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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

FATF seeks to improve understanding of cryptocurrency risks

Feb 28, 2018 04:08 am UTC| Digital Currency

The Financial Action Task Force (FATF), an independent inter-governmental body that develops and promotes policies to protect the global financial system against money laundering, is going to bolster its efforts to...

Digital Currency Revolution

European Commission considers existing cryptocurrency regulation review

Feb 28, 2018 03:12 am UTC| Digital Currency

The European Commission (EC) would assess the existing regulatory framework for cryptocurrencies and accordingly decide whether regulatory action at the EU level is required, a senior EC official said recently. The...

Digital Currency Revolution

Bank Negara Malaysia issues AML/CFT Policy for cryptocurrencies

Feb 27, 2018 11:34 am UTC| Digital Currency

The Bank Negara Malaysia (BNM) has published the Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) Policy for Digital Currencies, which aims to ensure that effective measures are in place to address these...

Digital Currency Revolution

Blockchain payments startup Circle acquires Poloniex

Feb 27, 2018 10:38 am UTC| Digital Currency

Blockchain payments startup Circle has acquired leading cryptocurrency exchange Poloniex. The terms of the acquisition have not been disclosed. In an official announcement, Poloniex said: We are excited to announce...

Digital Currency Revolution

FxWirePro: ETH/USD breaks above channel top at 847, good to go long on dips

Feb 27, 2018 09:38 am UTC| Digital Currency

ETH/USD is trading higher on Tuesday as it broke above channel top. It is currently trading at 892 levels at the time of writing (Kraken). On the upside, the pair is likely to face resistance at 918 (4h 200-SMA) and a...

Digital Currency Revolution

FxWirePro: BTC/USD rangebound, break above channel top at 10910 to see further upside

Feb 27, 2018 06:53 am UTC| Digital Currency

BTC/USD is trading in a narrow range on Tuesday and it hovers around 10-DMA at 10285 levels at the time of writing (Bitstamp). On the topside, the pair is likely to face resistance at 10593 (50-DMA) and a break above...

Digital Currency Revolution

US SEC charges defunct cryptocurrency exchange BitFunder and founder with fraud

Feb 27, 2018 05:57 am UTC| Digital Currency

The U.S. Securities and Exchange Commission (SEC) has filed fraud charges against a former bitcoin-denominated platform and its operator. The SEC filed its complaint in the federal district court in Manhattan. In its...

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Economy

US Stock Futures Rally as US-Iran Peace Deal Boosts Market Sentiment Ahead of Fed Meeting

U.S. stock index futures surged on Sunday evening after the United States and Iran confirmed they had reached a peace agreement aimed at ending hostilities and restoring key shipping routes across the Middle East. The...

Asian Markets Rally as US-Iran Peace Deal Sparks Oil Price Drop and Weakens Dollar

Asian stock markets surged on Monday while the U.S. dollar weakened and oil prices fell sharply after reports confirmed that the United States and Iran had reached a peace agreement. The development boosted investor...

Oil Prices Fall as Iran-U.S. Deal Eases Supply Concerns

Global oil prices declined sharply on Monday after signs of easing tensions between the United States and Iran reduced concerns about potential disruptions to global energy supplies. Brent crude futures dropped $3.51, or...

Trump Announces Iran Deal, Strait of Hormuz Reopening Amid Ongoing Regional Tensions

U.S. President Donald Trump announced on Sunday that a proposed agreement between the United States and Iran is effectively complete, highlighting plans to reopen the Strait of Hormuz and remove the U.S. naval blockade on...

Lazard Challenges Centerview for Role in Venezuela’s Massive Debt Restructuring

Investment bank Lazard has reportedly offered a $25 million proposal to replace Centerview Partners as Venezuelas financial adviser in what could become one of the largest sovereign debt restructurings in history,...

Politics

E4 Nations Signal Readiness to Lift Iran Sanctions Following U.S.-Iran Peace Deal

The United Kingdom, France, Germany, and Italy have expressed their willingness to lift sanctions on Iran if the country takes concrete steps to address concerns surrounding its nuclear program. The announcement came after...

Mitch McConnell Hospitalized After Medical Incident in Washington

U.S. Senator Mitch McConnell was admitted to a hospital on Sunday morning following a medical incident, according to a statement released by his spokesperson. The Kentucky Republican, who has served in the Senate for...

Trump Opposes FISA Renewal Without SAVE Act Voting Requirement

U.S. President Donald Trump said on Sunday that he would oppose any renewal of the Foreign Intelligence Surveillance Act (FISA) unless lawmakers include provisions from the SAVE Act, a measure aimed at strengthening voter...

US-Iran Peace Deal Nears as Ceasefire Agreement Set for Switzerland Signing

The United States and Iran have reportedly reached a landmark agreement aimed at ending months of conflict, with an official signing ceremony scheduled for Friday in Switzerland, according to Pakistani Prime Minister...

Switzerland Rejects Population Cap Proposal, Preserving EU Labor Ties

Switzerland has rejected a proposal to cap its population at 10 million people, with voters choosing economic stability and strong relations with the European Union over concerns about rising immigration, housing...

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

UK Banks Report Surge in APP Fraud Losses as Pressure Mounts on Meta and Tech Platforms

Britains banking sector recorded a sharp rise in losses linked to authorized push payment (APP) fraud in 2025, highlighting growing concerns over online scams and increasing calls for stronger accountability from...

SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead

SpaceX stock (NASDAQ: SPCX) has received an optimistic initiation from Wolfe Research, which assigned a $175 price target shortly after the company completed what is being described as the largest IPO in history. The...

Anthropic Officials Meet White House Over AI Model Outage

Senior executives and technical leaders from Anthropic are reportedly in Washington, D.C., holding discussions with White House officials in an effort to resolve a dispute that has affected access to the companys most...

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...