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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

Bitcoin exchange Bitfinex discontinues services in Washington state

Mar 06, 2017 07:32 am UTC| Digital Currency

Hong Kong-based bitcoin exchange Bitfinex has stopped serving its customers residing in the state of Washington, CryptoCoinsNews reported. A Reddit user posted a message received on BFX account that said that the...

Digital Currency Revolution

Central bank-issued digital currencies may stifle innovation over long run, says Federal Reserve Governor

Mar 06, 2017 06:39 am UTC| Digital Currency

Central bank-issued digital currencies (CBDCs) could stifle innovation, in the long run, Federal Reserve board Governor Jerome H. Powell said last week. Speaking at Blockchain: The Future of Finance and Capital...

Digital Currency Revolution

Digital asset exchange Bitfinex adds support for Dash

Mar 06, 2017 05:13 am UTC| Digital Currency

Dash, the third most valuable cryptocurrency by market cap, has been added to the leading digital asset exchange, Bitfinex. The platform addition came into effect at1pm ESTon 03 March 2017, allowing traders to make...

Digital Currency Revolution

FxWirePro: BTC/CNY trades well above 8000, a jump till all time high likely

Mar 03, 2017 11:54 am UTC| Digital Currency

BTC/CNY is seen trading high above on Friday. The pair has broken major psychological resistance at 8000 and jumped till 8350 levels (BTCCHINA). It is currently trading around 8345 at the time of writing. Ichimoku...

Digital Currency Revolution

FxWirePro: ETH/EUR hits fresh all-time high, good to buy on dips

Mar 03, 2017 11:19 am UTC| Digital Currency

ETH/EUR is seen soaring high continually and is seen hitting a fresh all-time high on Friday. The pair has broken the high at 19.08 and hits fresh all-time high at the time of writing. Short term trend is extremely bullish...

Digital Currency Revolution

FxWirePro: ETH/USD hovers around fresh 8-month high at 20.44, bias higher, stay long

Mar 03, 2017 10:19 am UTC| Digital Currency

ETH/USD continued its uptrend on Friday, hitting a fresh 8-month high of 20.44 and is currently hovering around this level (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 15.89 Kijun-Sen: 14.85 Momentum...

Digital Currency Revolution

FxWirePro: BTC/GBP hovers around all-time high at 1050, bias higher

Mar 03, 2017 09:27 am UTC| Digital Currency

BTC/GBP hit a fresh all-time high of 1050 levels on Thursday and is currently hovering around this level at the time of writing (Coinfloor). Ichimoku analysis of daily chart: Tenkan Sen: 964 Kijun Sen:...

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Economy

Space arms race may be underway

As conflict rages on Earth, an arms race may be underway in outer space. On May 30, a US diplomat warned that Russia had launched a weapon into orbit, something Russias deputy foreign minister, Sergey Ryabkov, branded as...

Mauritius’ next growth phase: a new plan is needed as the tax haven era fades

Mauritians will head to the polls by November 2024 and politicians are considering the economic direction of the island country. For the last two decades, the countrys economic growth has depended heavily on its...

Canadians are feeling increasingly powerless amid economic struggles and rising inequality

If you feel like youre being pushed around in life, youre not alone. Our recent research has found that Canadians are increasingly feeling a sense of powerlessness in their lives. This sentiment has been steadily...

Myth: How the US manipulates global markets for economic supremacy

US president, Joe Biden, raised tariffs on Chinese-made goods sharply in May, claiming that the Chinese government has cheated by pouring money into Chinese companies … hurting competitors who play by the rules. The...

The world no longer needs fossil fuels – and the UK could lead the way in making them taboo

North Sea oil and gas has become a battleground issue in the UK general election. The Labour partys manifesto promises an end to issuing new licenses for finding oil and gas. The Conservative party meanwhile proposes a...

Politics

Three ways politicians always promise to raise money without increasing taxes – and why they rarely deliver

After weeks of controversy over Labour and Conservative costings in which each side accused the other of dishonesty the manifestos show that both parties had wildly exaggerated their rivals plans. But there has been...

Election 2024: migrants aren’t to blame for Britain’s housing crisis

Migration has become the most toxic issue in British politics, driving intensely emotional debates that are often based on prejudice and misunderstanding. Similarly emotional is housing a finite resource in high demand at...

How Vladimir Putin projects his image as a modern-day Peter the Great

Russian energy giant Gazprom is reported to have been hit particularly hard by sanctions imposed as a result of the war with Ukraine. An internal report obtained and published by the Financial Times has forecast that the...

Another election, another round of Nigel Farage hype, with no lessons learned

Nigel Farage, a man who has never been elected to the House of Commons despite years of trying, has again been allowed to set the agenda in the UK. Ten years after Ukip won the European parliament elections, throwing...

Science

Nations realise they need to take risks or lose the race to the Moon

The Nasa-led Artemis-3 mission will place the first human boots on the surface of the Moon since Apollo 17s Gene Cernan and Harrison Schmitt left the lunar surface in December 1972. The goal of the Artemis programme is...

Eye exercises to improve sight – is there any science behind them? An ophthalmologist explains why you shouldn’t buy the hype

You may have seen advertisements claiming to eliminate the need for eyeglasses through vision therapy or vision training basically, eye exercises. These exercises include putting pressure on or palming the eye; eye...

The universe’s biggest explosions made some of the elements we are composed of. But there’s another mystery source out there

After its birth in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the...

Engineering cells to broadcast their behavior can help scientists study their inner workings

Waves are ubiquitous in nature and technology. Whether its the rise and fall of ocean tides or the swinging of a clocks pendulum, the predictable rhythms of waves create a signal that is easy to track and distinguish from...

If an asteroid hit Earth and all the humans died, would the dinosaurs come back?

Many, many years ago dinosaurs roamed the Earth. Six-year-old Aga knows that a meteorite wiped them out… but could another meteorite bring them back? You can read a print version of this story...

Technology

Binance Delists Shiba Inu, Chainlink, and Five More Cryptos Due to Market Conditions

On June 26, Binance, the worlds largest cryptocurrency exchange, announced the delisting of Shiba Inu, Chainlink, and five other crypto assets, effective June 28. The move is due to declining trading volumes and aims to...

PancakeSwap Unveils AI-Powered Ether Prediction Market on Arbitrum with Allora

PancakeSwap has launched an AI-powered Prediction Market on Arbitrum, allowing users to forecast Ether price fluctuations with data supplied by Allora Networks machine-learning capabilities. PancakeSwap Teams Up with...

Huawei Invests $1.66 Billion in R&D to Develop Advanced Chipmaking Tools

Huawei has invested $1.66 billion in a new RD facility near Shanghai to develop advanced chipmaking tools. This effort aims to achieve self-sufficiency amid U.S. trade restrictions, highlighting Huaweis innovation and...

Why Shiba Inu Price is Surging Today: Key Factors Behind the Rally

The price of Shiba Inu Coin surged by nearly 3% today, reflecting a significant rally in the cryptocurrency market. In line with the general upturn in the cryptocurrency market, the price of Shiba Inu Coin surged by...
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