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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

Bitcoin economy has matured since its inception six years ago – Study

Aug 03, 2016 09:24 am UTC| Digital Currency

A combined research paper from University College London Centre for Blockchain Technologies, Deutsche Bundesbank and University of Wisconsin-Madison has identified three distinct regimes that have existed in the bitcoin...

Digital Currency Revolution

LexisNexis Risk Solutions, Elliptic team up to fight illicit bitcoin uses

Aug 03, 2016 08:02 am UTC| Digital Currency

LexisNexis Risk Solutions, a company that provides banks with anti-money laundering (AML) controls, has collaborated with blockchain intelligence firm Elliptic in order to curtail the illicit uses of bitcoin in drug...

Digital Currency Revolution

United Pharmacies accepts bitcoins for online purchases

Aug 03, 2016 06:52 am UTC| Digital Currency

United Pharmacies, an online seller of generic drugs and brand name medicine, has started accepting bitcoins as a payment to purchase online drugs for all medical needs. In order to celebrate the launch of the new...

Digital Currency Revolution

Cryptocurrency exchange Bitfinex hacked, around 120k BTC reportedly stolen

Aug 03, 2016 05:16 am UTC| Digital Currency

The cryptocurrency ecosystem is once again under a major hack, and this time the target is Hong Kong-based digital currency exchange Bitfinex. In an official statement posted on its website, Bitfinex said that it has...

Digital Currency Revolution

BTC/EUR faces strong support at 200-day MA, daily close below targets 400

Aug 03, 2016 04:19 am UTC| Digital Currency

BTC/EUR is seen trading above on Wednesday after witnessing a plunge. The pair has broken major psychological support at 500 and declined till 427 levels (CEXIO) yesterday. It is currently trading at 489.20 at the time of...

Digital Currency Revolution

FxWirePro: BTC/USD recovers from 2-month low of $465, good to sell on rallies

Aug 03, 2016 03:59 am UTC| Digital Currency

BTC/USD broke major support at $540 and declined till $465 yesterday. It is currently trading at $540 (Bitstamp) at the time of writing. Ichimoku analysis (Daily chart): Tenkan-Sen level: $563 Kijun-Sen level:...

Digital Currency Revolution

FxWirePro: LTC/EUR faces strong support at 200-day MA, close below targets 3/2.76

Aug 02, 2016 11:38 am UTC| Digital Currency

LTC/EUR is seen facing a strong support trading low in red on Tuesday. The pair has broken major support 3.35 and declined till $3.295 levels (BTCE). It is currently trading around 3.36 at the time of writing. Ichimoku...

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Economy

Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets

Asian stock markets rallied on Friday, with Japan and South Korea reaching record highs as easing tensions in the Middle East and the reopening of the Strait of Hormuz pushed oil prices lower, reducing global inflation...

US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge

U.S. stock index futures edged lower on Thursday evening, giving back some gains after a strong Wall Street rally driven by optimism surrounding a new U.S.-Iran agreement and a powerful surge in semiconductor stocks....

Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare

Canada and British Columbia have unveiled a major long-term infrastructure partnership valued at more than $5 billion, aimed at accelerating housing development, expanding healthcare facilities, and improving public...

Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks

Japans consumer inflation remained subdued in May, highlighting the ongoing impact of government energy subsidies even as the Bank of Japan (BOJ) signals concerns over future price pressures. The latest inflation data was...

Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention

The Japanese yen remained close to its weakest level in nearly four decades on Friday, as concerns over Japans fiscal outlook and limited impact from recent policy actions continued to pressure the currency. Market...

Politics

US Military Strike in Eastern Pacific Kills Three Amid Legal and Human Rights Concerns

The U.S. military confirmed that a recent strike in the Eastern Pacific resulted in the deaths of three men, marking the latest operation in the Trump administrations expanding campaign against alleged drug trafficking...

Pakistan, Qatar Mediation Secures Preliminary U.S.-Iran Deal Amid High-Stakes Negotiations

Pakistan and Qatar played a crucial role in helping secure a preliminary U.S.-Iran agreement this week after weeks of intense diplomacy, according to sources familiar with the negotiations. The breakthrough deal, announced...

JD Vance Delays Iran Peace Talks as U.S.-Iran War Deal Faces New Uncertainty

U.S. Vice President JD Vance has postponed a planned trip to Switzerland for negotiations with Iranian officials, adding fresh uncertainty to efforts to implement the recently signed U.S.-Iran peace agreement. The talks...

U.S. Launches Trade Investigation Into Germany’s Pharmaceutical Cost-Cutting Plans

The United States has opened a Section 301 trade investigation into Germanys proposed efforts to reduce pharmaceutical spending, raising concerns that the measures could unfairly impact American drugmakers and innovative...

Colombia Opens New Investigation Into Former President Álvaro Uribe Over Paramilitary Allegations

Colombias Attorney Generals Office has launched a new investigation into former President Álvaro Uribe regarding alleged crimes linked to the creation of a paramilitary group, according to a source familiar with the...

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 Stock Slides After IPO Rally as Valuation Concerns Grow

SpaceX (NASDAQ: SPCX) shares extended their pullback on Thursday after a remarkable post-IPO rally, as investors locked in profits and questioned the companys lofty valuation. The stock, which dropped nearly 10% earlier in...

US Raises Concerns Over Possible ASML EUV Machine Transfer to China

U.S. Commerce Secretary Howard Lutnick has reportedly raised concerns with Dutch semiconductor equipment giant ASML regarding the possible transfer of one of its advanced extreme ultraviolet (EUV) lithography machines to...

Google Gemini Co-Lead Noam Shazeer Leaves for OpenAI Amid AI Talent Race

Noam Shazeer, a vice president of engineering at Google and one of the leaders behind the companys Gemini artificial intelligence models, has announced that he is leaving Google to join OpenAI, the creator of ChatGPT. The...

SK Hynix Shares Hit Record High After Shipping Next-Generation HBM4E AI Memory Samples

SK Hynix Inc. saw its shares surge to an all-time high on Thursday after announcing the shipment of samples of its latest high-bandwidth memory (HBM) product, reinforcing its position as a leading supplier in the rapidly...

Apple Signals Product Price Hikes Amid Rising Memory Chip Costs

Apple may soon increase prices across some of its products as rising memory and storage chip costs continue to pressure the consumer electronics industry. In an interview with The Wall Street Journal, Apple CEO Tim Cook...