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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

Life.Sreda launches new venture fund to invest in blockchain startups

May 24, 2016 12:14 pm UTC| Digital Currency

Singapore-based venture fund Life.Sreda is launching a new venture fund to help banks invest in blockchain startups which will provide start-up capital for early stage blockchain companies. The venture fund named...

Digital Currency Revolution

Co-founder of start-up 21 unveils bitcoin based software

May 24, 2016 10:42 am UTC| Digital Currency

Co-founder of 21 and venture capitalist Balaji Srinivasan unveiled new payment software aiming at helping developers build applications based on bitcoin transactions. During Consensus 2016 conference in New York this...

Digital Currency Revolution

OKWave partners with Breadwallet to offer Bitcoin services

May 24, 2016 10:11 am UTC| Digital Currency

Japanese QA site OKWave has announced that it has entered into a strategic partnership with Bitcoin wallet Breadwallet, in order to provide Bitcoin related services on the platform. With the integration of Breadwallet...

Digital Currency Revolution

mBit Bitcoin casino kicks off Ledger Race

May 24, 2016 09:09 am UTC| Digital Currency

In a bid to facilitate the largest distribution of Bitcoin hardware wallets ever done at a point in time, mBit casino, a leading online Bitcoin casino with hundreds of different games, has commenced the Ledger Race on...

Digital Currency Revolution

Antpool wants hard fork code to be included in a release of Bitcoin Core

May 24, 2016 09:04 am UTC| Digital Currency

Bitmain which runs one of the top two Bitcoin mining pools in the world, Antpool would like to see the hard fork code discussed in the Hong Kong agreement implemented in a release of Bitcoin Core. Bitmain CEO Jihan Wu...

Digital Currency Revolution

Five U.S. National Guardsmen Accused For Bitcoin Scam

May 24, 2016 05:15 am UTC| Digital Currency

Five members of the District of Columbia National Guard were charged for allegedly using bitcoin to buy stolen credit card numbers and make fraudulent purchases at various stores on military bases. According to the...

Digital Currency Revolution

IOU trading places Lisk as third largest cryptocurrency with $250 mln market cap

May 24, 2016 04:40 am UTC| Digital Currency

Decentralized startup Lisk is all set to go live today at 8pm UTC. The launch follows the Initial Coin Offering (ICO) which ran from February 22 to March 21, 2016, raising over $6 million in Bitcoin and other digital...

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Economy

Asian Currencies Slip as Dollar Rebounds Ahead of Fed Rate Decision

Most Asian currencies edged lower on Wednesday as the U.S. dollar rebounded from a near four-year low, with global markets focused on the Federal Reserves highly anticipated interest rate decision. Despite the mild...

China to Boost Brazilian Soybean Imports in Early 2026 Amid Price Advantage

China is set to significantly increase imports of Brazilian soybeans in the first half of 2026 as record harvests and competitive pricing in South America outweigh renewed purchases from the United States. Trade sources...

RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says

The Reserve Bank of Australia (RBA) is now expected to raise interest rates by 25 basis points at its February 3 policy meeting, according to a new forecast from ANZ, marking a shift in expectations after a brief easing...

Indonesian Stocks Slide After MSCI Flags Investability Risks and Downgrade Threat

Indonesian stocks suffered a sharp sell-off on Wednesday, plunging around 7%, after global index provider MSCI Inc. raised serious concerns about the investability of Indonesias equity market and warned of a possible...

Asian Stock Markets Rise on AI Optimism Ahead of Fed Decision and U.S. Tech Earnings

Asian stock markets mostly advanced on Wednesday, driven by strong gains in technology and AI-related shares as investors positioned ahead of key U.S. megacap earnings and the Federal Reserves highly anticipated interest...

Politics

U.S. and Taiwan Strengthen AI, Semiconductor, and Drone Cooperation at High-Level Economic Talks

Senior officials from Taiwan and the United States have reinforced bilateral cooperation in artificial intelligence, advanced technology, and drone development during the sixth round of the U.S.-Taiwan Economic Prosperity...

ICE Blocked From Entering Ecuador Consulate in Minneapolis During Immigration Operation

A U.S. Immigration and Customs Enforcement (ICE) agent attempted to enter Ecuadors consulate in Minneapolis earlier this week but was stopped by consulate staff, prompting a diplomatic protest from Ecuadors government and...

Sam Altman Criticizes ICE Enforcement as Corporate Leaders Call for De-Escalation

OpenAI CEO Sam Altman has voiced strong concerns over U.S. Immigration and Customs Enforcement (ICE) actions, telling employees that the agency is going too far amid an aggressive immigration crackdown in Minneapolis. His...

Trump Claims Breakthrough in Syria Talks After Call With President al-Sharaa

U.S. President Donald Trump said on Tuesday that he and Secretary of State Marco Rubio had resolved what he described as a tremendous problem related to Syria, signaling potential progress in long-running diplomatic...

Kim Jong Un Signals Expanded Nuclear Plans Ahead of Workers’ Party Congress

North Korean leader Kim Jong Un has indicated that the upcoming congress of the ruling Workers Party will outline new, next-stage plans aimed at further strengthening the countrys nuclear war deterrent, according to a...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Meta Faces Lawsuit Over Alleged Approval of AI Chatbots Allowing Sexual Interactions With Minors

Meta CEO Mark Zuckerberg is facing renewed scrutiny after internal company documents revealed he approved policies that allowed minors to access AI chatbot companions, despite warnings from Metas own safety teams. The...

China Approves First Import Batch of Nvidia H200 AI Chips Amid Strategic Shift

China has approved its first batch of Nvidias H200 artificial intelligence chips for import, signaling a notable adjustment in the countrys approach to balancing advanced AI development with support for domestic technology...

C3.ai in Merger Talks With Automation Anywhere as AI Software Industry Sees Consolidation

Enterprise artificial intelligence software provider C3.ai is reportedly in merger discussions with privately held automation startup Automation Anywhere, according to a recent report by The Information, which cited people...

Anthropic Raises 2026 Revenue Outlook by 20% but Delays Path to Profitability

Artificial intelligence startup Anthropic has significantly increased its long-term revenue projections, highlighting strong demand for advanced AI technologies, while also acknowledging that profitability will take longer...

SoftBank Shares Surge as It Eyes Up to $30 Billion New Investment in OpenAI

SoftBank Group Corp (TYO:9984) shares jumped sharply in early Tokyo trading after reports emerged that the Japanese conglomerate is in discussions to invest as much as $30 billion more in OpenAI, the company behind...