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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

Bitwala Announces Free Bitcoin VISA Debits Cards Giveaway

May 11, 2016 07:20 am UTC| Digital Currency

Bitwala, a Netherlands-based digital currency payments solutions firm, is offering free bitcoin debit cards to the first 2000 clients. With Bitwala bitcoin debit card, users can swipe at any POS that accepts VISA, cash...

Digital Currency Revolution

Rocky Mountain Ayre Reveals Plans To Launch Cryptocurrency Marketplace

May 11, 2016 06:31 am UTC| Digital Currency

Rocky Mountain Ayre, Inc., a holding company, has announced that it is all set to launch a brand new feature to its Hempcoin website.Hempcoin has developed the first of its kind cryptocurrency marketplace for goods and...

Digital Currency Revolution

Decentralized Bitcoin Marketplace OpenBazaar Reveals High-Level Roadmap

May 11, 2016 05:59 am UTC| Digital Currency

OpenBazaar, a decentralized marketplace that uses Bitcoin, has revealed its high-level roadmap to get its users acquainted with its plans going forward. The platform will be adding several features, typically found on...

Digital Currency Revolution

Australian Government Seeks To Remove Double Taxation Of Digital Currencies

May 10, 2016 11:45 am UTC| Digital Currency

The Australian Government has outlined a clear strategy and agenda for FinTech, based on the issues identified by the sector, in its FinTech statement Backing Australian FinTech released on 21 March 2016. The...

Digital Currency Revolution

Genesis Mining Slashes Price To Mine Ether To $37 Per MH/s

May 10, 2016 10:36 am UTC| Digital Currency

Genesis Mining, the worlds leading Bitcoin cloud mining provider and first Ethereum cloud miner, has substantially cut the price to mine Ether. Starting today, the price will be $37 per MH/s, reduced from the current rate...

Digital Currency Revolution

Ethereum Price Analysis: Overall Trend Appears Bullish

May 10, 2016 06:56 am UTC| Digital Currency

Ethereum continues to garner interest across the cryptocurrency ecosystem. Major news for Ethereum aficionados came recently with New York-based Gemini bitcoin exchange announcing its support for Ether trading. However,...

Digital Currency Revolution

Bitcoin Hardware Manufacturer Spondoolies Ceases Operations

May 10, 2016 06:28 am UTC| Digital Currency

Spondoolies-Tech Ltd., an Israel-basedtransaction verification server manufacturer, last week announced that it has ceased its operations. In a Facebook post, CEO Guy Corem wrote: To our valued customers, As of May...

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Economy

Oil Prices Mixed as Russia Diesel Deal and Houthi Attacks Raise Supply Concerns

Oil prices traded mixed on Tuesday as investors assessed the impact of a U.S.-Russia diesel supply agreement alongside growing concerns about Middle East oil disruptions following escalating Houthi attacks in Yemen and...

Wall Street Closes Lower as Bank Earnings and AI Concerns Weigh

Wall Street stocks ended slightly lower on Tuesday, October 13, as mixed bank earnings and growing concerns over Chinese artificial intelligence competition pressured investor sentiment ahead of key U.S. inflation data....

IMF Maintains 2027 Global Growth Forecast at 3.4% Amid Rising Risks

The International Monetary Fund (IMF) maintained its 2027 global economic growth forecast at 3.4%, warning that escalating Middle East tensions, rising government debt and persistent inflation could threaten the global...

Philippines Current Account Deficit Seen at $19.1 Billion in 2026

The Bangko Sentral ng Pilipinas (BSP) expects the Philippines current account deficit to reach $19.1 billion in 2026, equivalent to 3.8% of the countrys gross domestic product (GDP), according to projections announced by...

RBA Signals More Rate Hikes as Inflation Risks Rise

The Reserve Bank of Australia (RBA) has indicated that further interest rate hikes remain possible as policymakers confront persistent inflation pressures and rising global costs, according to minutes from its September...

Politics

Trump Denies China, Russia Are Helping Iran in War

US President Donald Trump has dismissed claims that China and Russia are supporting Iran in its ongoing war with the United States, despite American intelligence assessments suggesting both countries have provided military...

Zelenskiy Says Ukraine Received No Warning Before Russian Missile Attack

Ukrainian President Volodymyr Zelenskiy said Tuesday that Western allies failed to provide advance warning of a Russian missile attack on Kyiv, raising concerns about Ukraines access to critical intelligence as Washington...

US Supreme Court Denies Release of Anti-ICE Activist Kyle Wagner

The US Supreme Court on Tuesday rejected a request for the pretrial release of Kyle Wagner, an anti-ICE activist accused of making online threats during a federal immigration crackdown in Minneapolis. The decision keeps...

Flavio Bolsonaro Backs Brazil’s 40-Hour Workweek Reform Ahead of Runoff

Brazilian Senator Flavio Bolsonaro has reversed his opposition to a proposed labor reform that would shorten the countrys workweek, a politically significant move ahead of his presidential runoff against incumbent...

US Recalls Nicaragua Envoy After Ambassador Rejection

The United States has recalled its acting envoy to Nicaragua, Elias Baumann, to Washington for urgent diplomatic consultations after the Nicaraguan government rejected Washingtons choice for ambassador, Natasha Franceschi,...

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

Arm Breaches Qualcomm License Deal, Jury Awards $2

A Delaware jury has ruled that Arm Holdings violated its licensing agreement with Qualcomm and intentionally interfered with the chipmakers business relationship with Meta Platforms. However, the jury awarded Qualcomm just...

Nvidia Invests in Four French AI Companies to Expand European Presence

Nvidia Corp is expanding its presence in Europes artificial intelligence market through agreements to acquire minority stakes in four French technology companies, according to a report published Tuesday by French newspaper...

OpenAI Uses AI to Uncover Hidden Recording Device, FBI Makes Arrest

OpenAI has revealed that its artificial intelligence models played a crucial role in investigating a hidden recording device discovered inside one of its offices. The unusual security incident resulted in an employee being...

Citi Upgrades Galaxy Digital Stock, Raises Price Target to $28

Citigroup has upgraded Galaxy Digital (GLXY) stock from Neutral to Buy, raising its price target from $26 to $28 as confidence grows in the companys artificial intelligence (AI) infrastructure business. The revised target...

Trezor Cuts Reseller Network After Ledger Security Breach

Hardware wallet manufacturer Trezor is reducing its authorized reseller network following a major supply-chain security incident involving rival Ledger, introducing stricter distribution controls to protect cryptocurrency...